Retirement Villages Unveiled: Your Ultimate FAQ Guide! 

A retirement village is a specialised community tailored for individuals aged 55 and above whether retired or employed part-time. Residents are provided with accommodation and amenities that differ from those offered in residential care or aged care facilities. Living in retirement villages enhances security, a supportive community atmosphere, and access to various amenities and personalised services.

Retirement village operators across Australia may be privately owned, not-for-profit entities, or publicly listed companies. Each state has its own set of regulations under the Retirement Villages Act, which governs the operation of villages within its jurisdiction. 

Retirement villages and residential aged care facilities are fundamentally different. A retirement village caters to individuals aged 55 and above who can live independently in their own residences while benefiting from the communal lifestyle offered by the village. In contrast, the residents of residential aged care facilities are those who need daily care for their health and safety.  

Most villages allow visitors for day visits or short stays, often up to a specified number of nights. However, it is recommended to inform the Village Manager if visitors are staying for an extended period, such as more than 3 weeks or so. 

Moving into a retirement village can bring positive changes to your life. Village life promotes socialising through various events and communal spaces, fostering a sense of community. Residents can choose their level of involvement, balancing social engagement with personal relaxation. Additionally, villages are conveniently located near amenities, offering residents easy access to essential services and health and wellness facilities of their preference. 

Serviced Apartments: These are independent living facilities with included cleaning, meals, and optional care support. These are often cozy, with one-bedroom or studio units with meals served communally. 

Rental Villages: Rented units are tailored for seniors, typically starting at 60. There are two options available: 

• Traditional villages with various unit types  
• Single-purpose villages with 50 single bedrooms or small studio units with a communal dining room 

Co-Located Villages: Villages with an attached or nearby aged care facility, offering a continuum of care from independent living to assisted living. 

Independent living: Offers accommodation, meals, and amenities, but no personal care or medical services. Ideal for seniors who can manage daily activities. 

Assisted living: Provides housing, meals, and assistance with daily tasks (bathing, toileting, dressing, etc.) for those who need some help along with some medical care services. 

Memory care: Like assisted living, but with specialised staff, security, and programs for residents with dementia. 

Total cost varies based on entry fee and ongoing fees. Entry fees depend on the location and your choice of unit size/amenities. Ongoing fees covers services like maintenance, insurance, and staff but do not include utilities or personal expenses. 

Retirement villages often have exit fees (departure or deferred management fees (DMF)). You pay this when you leave, rather than upfront, making the initial move-in more affordable. This fee helps the village operator reinvest in maintaining facilities and upgrades, potentially benefiting your property value. 

Retirement villages offer various amenities such as swimming pool, gym, library, common areas. They also organise diverse activities and events, including fitness classes, hobby groups, and cultural outings, ensuring there is something for everyone to enjoy. Choose a village that matches your lifestyle preferences. 

Many retirement villages are conveniently located near public transport routes, healthcare centres, and shopping centres. Some may even provide their own taxi and transport services upon request. Additionally, they offer parking spots for residents who own vehicles. 

Retirement villages frequently ensure residents have access to healthcare services, including regular check-ups by visiting GPs and specialists, as well as the availability of on-site registered nurses and emergency response systems for added peace of mind. 

Retirement villages generally accept small to medium-sized pets, but residents must obtain approval from the Village Manager prior to bringing their pets into residency. However, it’s advisable to inquire with the prospective village about their pet policies before finalising any decisions. 

Yes, the Retirement Villages Act 1999 Amended 2010 is in place to address various concerns and safeguard the interests of residents. Each of our villages has a Resident’s Committee responsible for overseeing village management, allowing residents to engage as much as they desire. Additionally, specific legislation in each state ensures your right to occupy your home is protected. 

Understanding your rights as a resident of a retirement village is crucial. The Retirement Villages Act is state-based legislation designed to safeguard these rights. It outlines the responsibilities of owners and operators towards residents and mandates that they conduct their operations within a well-defined framework. 

Although permitted by the Retirement Village Act, such a decision is not taken lightly. Changes in circumstances may arise, rendering village living no longer suitable, particularly if independent living becomes challenging. Any such scenario would entail discussions involving the resident, their family, and if necessary, their doctor. 

Each state has specific legislative guidelines regarding dispute resolution and complaints management. Furthermore, many villages have a Resident’s Committee that advocates for the residents. 

• Schedule a visit to the retirement village, take a tour, explore available homes, and talk to the Village Manager about pricing, amenities, and community atmosphere. 
• Place a deposit to secure your chosen home, usually refundable within a specific cooling-off period if you change your mind. 
• Carefully review the contract provided by the retirement village, ensuring it outlines all fees, obligations, and rights associated with purchasing, residing, and leaving the village. 
• Obtain independent legal and financial advice upon receiving the contract and discuss it with your family to ensure everyone understands the rights and responsibilities. 
• Once satisfied with the contract terms, advice received, and agreement signed, prepare to embark on your journey into your new home at the chosen village.