Image

Thinking of Purchasing a Retirement Home?

Sign up now for your FREE Fact Sheet


Catch us at the Melbourne Retirement & Lifestyle Expo 10-12 Sep at Caulfield Racecourse

Why choose Find My Retirement Home?

  • Take the confusion out of buying your retirement home
  • Unravel all the hidden fees and charges
  • Independent research and advice
  • Specialist skills and knowledge to negotiate the best deal for you
  • Objective research and analysis, enabling you to make an informed decision
  • We save you time, money and stress!
  • Have an expert assist with your decision-making process!

A registered retirement village

In Australia, The Retirement Village Sector is regulated at state-level by state/territory legislation.

The actual definition of a "Retirement Village" will be outlined in the applicable state/territory legislation, but basically describes a retirement community as one that is established predominantly for retired persons and their spouses, where the village operator can charge particular fees unique to a retirement scheme.  A 'retired person' is usually defined as being over a certain age (state specific) and no longer in full time employment.

Retirement villages predominately cater for people who are able to live independently (as opposed to aged care), however personal care and support services can always be brought in to the home from the village operator or an external service provider for an additional fee.

An accredited retirement village

A "registered" retirement village is a village that has been registered under the state legisla tion as a retirement village and allows the village operator to restrict the entry age and charge certain fees.  A "registered" village should not be confused with an "accredited" village.  An accredited village is one that is accredited by the Retirement Villages Association (see the RVA website for more information).