Ingenia Lifestyle Residents Save on Stamp Duty

,

With home ownership viewed as an investment for the future, for some pensioners, downsizing the family home could be a crucial factor to free up much needed funds and retain financial independence.

Over 55s finance expert and author Rachel Lane said seniors could still re-evaluate their finances and think about what lifestyle changes could better prepare them for the future.

“Downsizing to free up assets maximises finances and by being fully aware of these options, over 55s may find themselves better off.”

When Ingenia Lifestyle resident Raelene Baillie decided to downsize, she didn’t realise how much time and money she would save.

“When I decided to make the move from Western Australia to be closer to my daughter, I considered a wide variety of housing options, including private rental, seniors’ communities and even a granny flat,” Ms Baillie said.

“In the end, nothing else provided me the security, lifestyle and independence that Ingenia Lifestyle Chambers Pines offers, and not paying stamp duty fees saved me a considerable amount of money.

“I have plans to travel more now I’m retired, and downsizing has not only freed up equity to allow me to do so, living in a gated community gives me the security to know my home and belongings are safe while I’m away.

“I thought when I retired I would have plenty of time, but I don’t have enough hours in the day to look after a yard as well,” Ms Baillie said.

For more information on Ingenia Lifestyle Chambers Pines please call Sharon Manson on 0448 165 524 or visit www.liveinlogan.com.au

The Five Question Pension Asset Test

,

With more than 350,000 Australian pensioners’ hip pockets expected to be hit once Aged Pension asset test changes come into effect on 1st January 2017, its vital seniors review their income and asset mix to maximise their finances for the years ahead.

Over 55s finance expert and author Rachel Lane said now was an opportune time for seniors to re-evaluate their finances and think about what lifestyle changes could better prepare them for the future.

“Those with assets above the new thresholds are likely to see their pension reduced – and those whose assets exceed the new cut off limit will lose their pension entirely.

“Downsizing to free up assets maximises finances and by being fully aware of these options, outside of the Aged Pension, over 55s may find themselves better off.”

When Ingenia Lifestyle resident Raelene Baillie decided to downsize, she didn’t realise how much time and money she would save.

“Now that I’ve downsized, I just have a few pots in the garden which are nice and easy to look after, it just frees up so much of my time. The lifestyle also frees up a lot of money for travel – I can just pack up and go.” Ms Baillie said.

To assess the impact of the pension changes for you personally, Ingenia Lifestyle invite you to have a free assessment with the team at Village Guru. To access this exclusive invitation, sponsored by Ingenia Lifestyle, please call Village Guru on 1300 855 770 for your FREE Five Question Pension Test.

For more information on Ingenia Lifestyle Chambers Pines please phone Sharon Manson Project Sales Manager on 0448 165 524.

Ingenia Lifestyle Creating Community with Variety Qld

,

Ingenia Lifestyle was proud to be a major partner in creating the Logan Lifestyle Expo, an event held in late November to connect over fifty South East Queensland local businesses, clubs and groups, volunteers and local associations with the Logan community.

Ingenia Lifestyle’s Project Sales Manager Sharon Manson said expo guests were able to view an incredible mix of lifestyle options including fitness, cars, 4x4s, caravans, boats, travel, pet services, volunteering options and demonstrations.

“All exhibitors showcased how they create an amazing lifestyle with some of the latest trends in lifestyle living,” Sharon said.

The event also saw Variety QLD partner with Ingenia Lifestyle to help raise funds and make a meaningful difference to children, families and community members who face challenges through sickness, disability or disadvantage.

“When I walk through our over 50s lifestyle communities and talk to our residents their community spirit and passion really is alive within.

“While many of our residents are retired they love to spend their time volunteering, helping the disadvantaged, performing charitable work and making selfless deeds to touch and change the lives of many people in our local communities.

“We are really looking forward to raising much needed funds with Variety QLD and hope the lucky winner of the prize can enjoy some great outdoor adventuring with their new Ingenia Lifestyle tinnie and trailer package,” Sharon said.

Creating Connections Within Our Community at the Logan Lifestyle Expo

,

Ingenia Lifestyle has been working as a major partner to create the Logan Lifestyle Expo, a local event that will connect over 50 exhibitors to South East Queensland residents, businesses, service providers and an incredible mix of groups, community clubs, volunteers and local associations.

We’ll be celebrating Logan City’s diverse lifestyle at the FREE Logan Lifestyle Expo on Saturday 26 and Sunday 27 November, 10am to 2pm, at the Greenbank RSL.

Guests can view the latest trends in lifestyle living with more than 50 exhibitors from health and fitness, cars, 4x4s, caravans, boats, travel, pet services, volunteering options and demonstrations, all showcasing how they create a Logan lifestyle. Patrons have the opportunity to win a cruise to the value of $5,000 and the Variety QLD Bash Cars will be raising funds for the Surf to Turf Bash which provides countless dollars for their children’s charity.

Ingenia Lifestyle is also proud to be associated with Variety Queensland in a bid to give back to the local community through a fundraising contribution to showcase how Ingenia creates community with a sense of purpose. Variety will be selling tickets to the $5,200 tinnie and trailer package is with all funds raised assisting with making a meaningful difference to children, families and community members who face challenges through sickness, disability or disadvantaged.

Ingenia Lifestyle is also excited to announce pension and finance expert, Rachel Lane who will present on the biggest changes to hit Australian pensions in 10 years that come in to effect on January 1 2017. The seminar will take place at 10.30am Saturday 26 November and will examine the new asset tests and how they may impact pensioners.

Pension and finance expert Rachel Lane said now was an opportune time for seniors to re-evaluate their finances and think about what lifestyle changes could better prepare them for the future.

“Those who opt to live on the interest generated from their savings to fund their health, wellbeing and lifestyle in retirement, may be impacted as interest rates drop,” Ms Lane said.

Hosted by Greenbank RSL, the club is delighted to show-off the incredible new-look precinct after its multi-million dollar refurbishment at the Logan Lifestyle Expo.

Ingenia Lifestyle’s Project Sales Manager Sharon Manson said the Logan Lifestyle Expo was for those looking to maximise their lifestyle, with more than 50 exhibitors showcasing the best in lifestyle options.

“Ingenia Lifestyle is proud to be associated with Greenbank RSL and would like to congratulate them on the incredible scope of renovations which they have undertaken, in a bid to give back to members.

“Both Ingenia Lifestyle and Greenbank RSL value the opportunity to work with other local businesses, service providers and of course our incredible mix of groups, community clubs, volunteers and local associations in giving back to the community with this event,” Sharon said.

Changing Pace with a New Lifestyle Change

,

Ingenia Lifestyle Chambers Pines residents, Therese and Bill White, are in their late 50s, but made the decision to downsize earlier than they had planned.

“There’s a preconception you have to be well over 65 and retired to move into a lifestyle community, but to be in our late 50s it was such a benefit to move into Ingenia Lifestyle Chambers Pines now and still work and have a communal lifestyle.

“We always had a ten year plan to act at 65 but I’m glad we acted now. I know my future is secured. I can still have the house and everything is maintained and looked after.

While living a busy life in Sydney, both working six days a week, Therese commenced research on making the move into a place that allowed them to free up equity, something with less maintenance and gave them more time to travel and enjoy life at a different pace.

“I looked into the cost of buying another smaller home but having to pay stamp duty fees, strata fees and higher rates made me think we couldn’t afford to move.

“Then I started to look into land lease communities. We were attracted to Ingenia Lifestyle Chambers Pines straight away.

“Everything was so well presented, we felt welcomed here from the beginning and everyone was so friendly.

Therese and Bill made the move with little worry and both feel relieved now that they’ve settled in. With Bill having serious health issues in the past, they know they won’t have to worry about security and their sons don’t need to worry as much anymore.

“We’ve got more leisure time and we’ve bought a nice boat to do a lot of fishing and relaxing.

“We all know that moving to a lifestyle community was a decision to make on part of the family and now our future is secured for the family.

“Aside from our children, we don’t have any more family left, but we have family here at Ingenia Lifestyle Chambers Pines. And that makes us contended,” Therese said.

Downsize And Avoid Stamp Duty Fees

,

Queensland seniors have shown they are more than willing to downsize to a more affordable home option if they can avoid costly stamp duty fees.

More than 80 percent of homes have sold at Active Lifestyle Estates Chambers Pines, with seniors like Raelene Baillie able to move closer to their families without paying stamp duty fees on their new homes.

“When I decided to make the move from Western Australia to be closer to my daughter, I considered a wide variety of housing options, including private rental, seniors’ communities and even a granny flat,” Ms Baillie said.

“In the end, nothing else provided me the security, lifestyle and independence that Active Lifestyle Estates Chambers Pines offers, and not paying stamp duty fees saved me a considerable amount of money.

“I have plans to travel more now I’m retired, and downsizing has not only freed up equity to allow me to do so, living in a gated community gives me the security to know my home and belongings are safe while I’m away.”

Ingenia Communities Chief Operating Officer Nikki Fisher said demand for more affordable homes had been high due to the affordability and stamp duty savings.

“At Active Lifestyle Estates, over 50s purchase a new, architecturally-designed manufactured home and lease, rather than own the land,” Ms Fisher said.

“This eliminates the requirement to pay stamp duty, ensuring a much more affordable entry price point and freeing up a substantial amount of equity raised in the sale of their previous home.”

Brand new homes at Active Lifestyle Estates Chambers Pines are priced from just $210,000 and there is limited opportunity to secure one of the final homes in the current stage, with new stages to launch later this year.

Active Lifestyle Estates Chambers Pines is located in the south east growth corridor in Logan at 2 Koplick Road, Chambers Flats. For more information, contact Project Sales Manager Sharon Manson on 0448 165 524.

Logan Demand Grows For Affordable Over 50s Homes

,

Strong interest in two Logan over 50s communities has signalled growing demand from locals looking to capitalise on increased median house prices and downsize to a more affordable option.

A total of 35 homes have sold in the Ingenia Communities-owned Active Lifestyle Estates Chambers Pines and Active Lifestyle Estates Bethania since launching their current stages to the market in late 2015.

Ingenia Communities, General Manager Sales, Kate Melrose said two recent open days attracted more than 200 open day attendees who were Logan locals looking for more than just a new home.

“The feedback from our open days was that locals were not only looking to downsize but to also improve their overall lifestyle,” Ms Melrose said.

“Our communities provide downsizers with greater control of their lives and an opportunity to enjoy a brand new home at the same time as having the freedom of more money in the bank.

“And if you need care and support in the future, we offer an innovative support program, Ingenia Wellbeing, that lets you live independently in your home longer.”

According to Ms Melrose, the Active Lifestyle Estates model is unique in that buyers purchase a new, architecturally-designed manufactured home and lease, rather than own, the land.

“The popularity of this model is its simplicity, ensuring a much more affordable entry price point and eliminating the need for residents to pay stamp duty or entry and exit fees, yet it still means the home owner keeps 100% of any capital gains if the home is sold,” Ms Melrose said.

“We believe our clients work hard for their money and should be able to retain the full value when they sell.”

Property research expert and Resolution Research Director Diana Howes said there was high demand for affordable homes in the Logan region, with a traditional house and land lot selling at premium prices.

“Housing demand throughout Logan City is currently escalating at unprecedented rates. This high level of demand is having an inflationary effect on housing values, with Logan City’s median house price recording the second highest rate of price growth over the past ten years throughout South East Queensland,” said Ms Howes.

“With the median house price now sitting at $385,000, and likely to continue to escalate over the coming years, opportunities for quality, affordable home purchases are now becoming limited.

“Taking into consideration the comparative affordability of Active Lifestyle Estates’ two Logan communities and market conditions, now may well be an opportune time to consider making the move into a low-maintenance, hassle-free retirement environment like that on offer.

“Bethania in Logan is a retirement hot spot with the proximity to Brisbane and Gold Coast making it a popular and affordable location and Active Lifestyle Estates Bethania sets a new benchmark of quality affordable seniors living with the estate’s quality home designs, internal landscaping and layout and community facilities unmatched throughout greater Logan.”

Visitors to two recent open days at the communities were impressed by the facilities, including Bethania’s resort-style clubhouse, the swimming pools and lawn bowls greens at each community, the general sense of comradery our current residents exude and the synergy they have created with the onsite management team.

Brand new homes are available from just $210,000 at Chambers Pines and $299,000 at Bethania, with a variety of floorplans available.

Active Lifestyle Estates Chambers Pines is located at 2 Koplick Road, Chambers Flat. More information is available at www.liveinlogan.com.au

Active Lifestyle Estates Bethania is located at 41 Radke Road, Bethania. More information is available at www.liveinbethania.com.au

New Lifestyle Options Becoming The Popular Choice

,

Making the switch from a large family home to a socially active community offers greater independence and peace-of-mind for senior Australians.

Living in a lifestyle community, one especially designed for the young senior generation, has proven to increase the well-being of residents as they have the chance to free up capital and time by downsizing their home and living in more quality accommodation.

Active Lifestyle Estates Chambers Pines Village Manager, Ian Thompson, says there is a growing popularity of over-55s lifestyle resorts in Queensland.

“One of the attractions of being in a village is the diversity and listening to the life stories.

“I see residents at my village as history builders of the past century, and it’s amazing who you come across and what they have done in their lives. You just go ‘wow’,” he said.

Ian says it’s exciting to be part of the development pipeline, and the growth of the industry.

“There are something like 30 million Americans living in these style of lifestyle estates. It’s quite a big industry, driven by people living longer and working longer. People are starting to value lifestyle,” Ian said.

Ingenia Communities has plans for more than 200 new manufactured homes in the Logan region over the coming years, subject to council approval, at Chambers Pines and Bethania.

Call Sharon Manson on 0448 165 524