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Balance Aged Care Specialists

Do we own the property?

In most Retirement Villages you do not own the property, you are either leasing it or have a licence to occupy the dwelling, see the section on “What is a Retirement Village for the different types of tenure.

Contact Balanced Age Care in regards to Retirement Village Financial Advice

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I am interested in
What is a Retirement Village?What are the costs for a Retirement Village?If we sell our home & buy into a village how will it affect our pension & can we afford it?How does it differ from Aged care?How do Centrelink treat Retirement Villages?Do we get our money back?Are they Government Guaranteed?Are there any limitations to buying into a Retirement Village?Do we own the property?What is the difference between a retirement village & an Over 55’s community?