Living in a lifestyle community in Waikerie, South Australia is beyond just finding a place to retire—it is an individual choice to embrace a holistic way of life. The pursuit of happiness and personal fulfilment has become more significant for many people, and it’s been very evident among independent individuals, especially those over 55s.
Everyone deserves to live the life they deserve and live in a community that makes them feel their purpose and offers comfort, convenience, social connection and support for personal development. And what better way to embark on this adventure than by immersing yourself in an enriching lifestyle community in Waikerie?
Lifestyle and Facilities in Waikerie, South Australia
Waikerie is a small, relaxing town sitting on the banks of the Murray River in the Riverland region of South Australia. It is the ultimate destination for individuals seeking a fulfilling living experience by the river in a tranquil location, with a strong sense of community.
There are a lot of things to do in Waikerie for lifestyle community residents. Enjoy the holiday feeling all year round, exploringe the iconic Riverland region daily without compromising on the essentials they need.
Waikerie Lifestyle Village in South Australia
Are you ready to retire in a lifestyle community and lead an active, healthy lifestyle? Look no further than Waikerie Lifestyle Village, the first and only land lease community in the Riverland, South Australia.
Waikerie Lifestyle Village is a lifestyle community for independent over 55's seeking an affordable retirement housing choice. Located in an ideal setting for a tranquil morning walk amongst the serene and peaceful Village with the perfect blend of convenience and camaraderie.
Feel the joy of embracing the vibrant communal amenities offered in our retirement village and foster new connections with your neighbours by participating in fun activities. Here are some exceptional facilities in our Village designed to enhance your quality of life.
Village Hub
Swimming Pool
BBQ Areas
Men's Shed
Gym
Work Shop
Post Boxes
Caravan Storage
Library
Have more questions?
We’ll gladly answer them.
Have more questions?
We’ll gladly answer them.
How Does Waikerie Lifestyle Village Operate?
Waikerie Lifestyle Village is a retirement lifestyle community that operates under a land lease agreement. Our residents own their home but lease the land on which it sits, making the cost of home ownership more affordable and freeing up cash. Land lease communities like our retirement village are increasingly gaining popularity as a viable choice among retirees and over 55s seeking to downsize and live the lifestyle they deserve.
As a land lease community, you
Save $1000s in comparison to other retirement villages Are eligible for government subsidies Live for less than the ‘recommended 20% of pension income’ as per One Cota Get better value for money (retention of all capital gains) Have an independent retirement lifestyleAs the first and only land lease community in Riverland, our goal is to offer an affordable retirement home choice for over 55’s who want a “river change”. We provide the benefits of living in a vibrant community with access to various amenities provided by our village.
You can Build Your Choice of Home or Buy a Brand-New Spec Home and move in when you’re ready. Here’s how each option works:
What Does Your Home in Waikerie Lifestyle Village Include?
As of today, Waikerie Lifestyle Village has more than 60 homes. 81 new homes are being built from 2023 with a total of 150 homes planned for the completed development. Whether you're building your choice of home or buying a brand-new spec home, you can rest assured your home will include property features designed to make living in our lifestyle community safer, more comfortable and convenient. All homes have been designed with the needs of over 55’s front of mind as well as a focus on high quality standards.
All Homes Include:
REVERSE CYCLE A/C
Verandah
Carport
Paving
Flooring
Blinds
Rainwater Tank
Clothesline
How Much Does It Cost to Live in Waikerie Lifestyle Village?
Waikerie Lifestyle Village is more affordable than other retirement villages in South Australia. We believe in affordable retirement housing and prioritise providing options to suit various lifestyles and budgets.
The cost of living in a land lease community like Waikerie Lifestyle Village starts with the purchase of your home. The homes for sale vary in costs based on the size of the home and its floorplan. There are a range of spec homes to suit different budgets which you can choose from or you can build your choice of home. After the purchase of your home all you pay is the low weekly site fees to cover the land lease and electricity. As your home is individually metered for electricity, you’ll only pay for what you use, plus a small supply charge.
There’s a reason why land lease communities for over 55’s are fast becoming a mainstream option for retirees. Keep reading to learn more about the weekly fees and what they cover.
Plus, as a land lease community, you own your home and rent the land saving you $1000’s, and as such, you may also be are eligible for a range of government subsidies that will reduce your weekly site fees.
Not having to purchase land or pay high-value lump sum entry fees that you would at other retirement villages also saves you upfront cash. As you own your home, it also means you (or your family as part of a willable estate) will retain all capital gains from the sale of your home, and there are no costly exit fees at Waikerie Lifestyle Village unlike other retirement villages.
There are other financial benefits of living in lifestyle communities that are under a land lease model, like Waikerie Lifestyle Village.
There’s a reason why land lease communities for over 55’s are fast becoming a mainstream option for retirees, Keep reading to learn more about the weekly fees and what they cover.
The weekly site fees cover the village management, maintenance of the facilities and provide access to the communal areas. They also cover water rates and council rates, meaning you don’t receive a separate bill to pay on top of your weekly site fees.
Low Site Fees
The weekly site fees are $90.90 weekly ($153 minus $62.10 rent assistance rebate) for singles and $128.02 ($171 minus $42.98 rent assistance rebate) for couples. *Site Fees correct as of March 2023-2024
Save On Energy Costs
Your home is individually metered for electricity, and you only pay for what you use, plus a small supply charge.
Retention On All Capital Gains
If you (or your family as part of a willable estate) decide to sell your home, you will retain all capital gains—there are no exit fees or deferred management fees. The sale price of your home is what you receive. You determine the price and condition of your home and sell it on the open market with your chosen real estate agency.
Government Subsidies Available
If you reside in a land lease community, you may be eligible for government Rental Assistance, Cost Of Living Concessions & Residential Park Resident Concessions, helping you save more!
No Stamp Duty
Stamp duty does not apply to the purchase of a home in Waikerie Lifestyle Village as we are a land lease community. This means, while you own your home, the land on which it sits is leased by you from us.
No Entry Fees
Unlike conventional retirement villages, there are no entry fees in an over 55s lifestyle community like Waikerie Lifestyle Village. There are also no deferred management fees or exit fees. We value affordable retirement housing, which is why we choose not to charge these fees.
No Emergency Services Levy
If you are a resident of Waikerie Lifestyle Village, you will not pay for emergency services levy fees. This is because ESL is issued based on ownership of land, and as you lease the land on which your home sits from us, it does not apply to you.
No Council Rates
You do not have a separate bill for council rates because all rates, taxes and charges are covered by your site fees.
No Water Bills
You also do not have a separate bill for water rates because water usage is included in your low site fees.
No Exit Fees
No exit fees at Waikerie Lifestyle Village can mean a large saving for you or your estate. Exit fees are usually the biggest fee you (or your family as part of a willable estate) will pay when choosing to live in a conventional retirement village.
No Hidden Fees Or Charges
We guarantee fixed pricing on your home purchase, upfront advice on all fees and promise there are no hidden costs. You will know exactly what you have to pay before you commit. If you choose our Fixed Term Contract Residential Agreement, you’ll also know your site fees for the next 40 years.
Start Living the Lifestyle You Deserve in Waikerie Lifestyle Village
South Australia has a small number of retirement land lease communities, but Waikerie Lifestyle Village is the first and only retirement land lease community in the Riverland. We offer a vibrant and fulfilling lifestyle designed to enhance your quality of life.
If you want a lifestyle change by the time you retire, Waikerie Lifestyle Village could be the perfect place for you. You’ll be living in affordable retirement housing that’s only 800m across from the Murray River. You can have a picnic with your friends and family, go fishing, join the resident-organised and run activities, exercise in the gym, enjoy the regular company of your neighbours, stroll with your dogs and enjoy a lot more activities in a supportive, active and friendly community.
Call us on 1300 435 094 to learn more about our retirement village or visit our website for more information. Choose a community that suits your style and live the lifestyle you deserve at Waikerie Lifestyle Village!