Downsizers ride the property wave

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Leading land lease community developer Ingenia Lifestyle continues to defy the odds by beating the property slump in New South Wales, with 2018 seeing some of the best increase in sales in the company’s six-year history.

With a favourable land lease model – where residents own their home and lease the land – and with zero stamp duty fees, Ingenia Lifestyle presents over 55s with an affordable way to own their own home while increasing their disposable income to indulge other lifestyle pursuits.

The popularity of the model comes at a time when the residential property market is reaching peak levels, prompting over 55s to fast-track their downsizing plans so that they can achieve the highest sale price possible and fund a more comfortable future.

Like many local downsizers, Neil and Shirley Meagher purchased a home in Ingenia Lifestyle’s Lake Conjola community after looking at a number of lifestyle communities, and were drawn to the financial gains that comes with the land lease ownership model.

“We’ve visited Lake Conjola in our caravan for the past few years – why wouldn’t we want to live in a holiday destination and free up our finances to go on further adventures?” Mr Meagher said.

“We wanted to live somewhere that suited our goals for our retirement and spend precious time and money on things we enjoy and have always wanted to do.

“The money we had planned to use to pay for stamp duty we have now put towards a ‘once-in-a-lifetime’ holiday to The Kimberley.”

Ingenia Chief Operating Officer Nikki Fisher said by avoiding the property slump in NSW, grey nomads were hitting the lifestyle jackpot by investing in homes with Ingenia Lifestyle communities across the state.

“Ingenia Lifestyle’s communities – particularly in suburban areas and coastal fringes – are not following the property low in the state,” she said.

“In fact, the end of 2018 saw the strongest period of new sales we’ve ever seen.”

“Residents who make the move into lifestyle communities are looking for more than security and low-maintenance living,” she said.

“They are after lifestyle – they can enjoy their golden years prioritising their lifestyles, memories and ‘once-in-a-lifetime’ experiences that all comes with freeing up their time and money downsizing into a land lease community.”

New RV / caravan home designs launching soon

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In exciting product news, Ingenia Lifestyle has unveiled new home design concepts to suit lock up and leave residents in Queensland. 

Designed to meet the growing demand from downsizers, Ingenia Lifestyle’s new home design concepts will provide Queenslanders with a fresh taste for adventure, with homes equipped to fit a caravan or recreational vehicle (RV).

Regional Sales Manager, Sharon Manson said residents appreciate being able to house RVs and caravans in their garages as it supports their lock up and leave lifestyle. “Grey nomads can unlock more cash and live a more flexible low maintenance lifestyle,” Sharon said.

The new range of homes will officially launch to market in February 2019 with construction planned for early to mid-2019 in the Logan area and later in Hervey Bay. Interested clients will be able to view the concept plans for the new home designs, which have the option to house their travelling homes within their own properties.

Contact Sharon Manson for more information on 0448 165 524.

Fiver for a farmer fundraiser

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Since August last year, the team at Ingenia have joined the Fiver for a Farmer movement to raise funds for farming communities suffering through Australia’s worst drought.

We’re proud to announce over $33,000 has been raised from events and activities based in our corporate offices in Brisbane and Sydney and across our communities in Ingenia Lifestyle and Ingenia Gardens.

All funds raised will be going to two charities, Drought Angels and Rural Aid, who coordinate the Buy a Bale campaign. With the cost to transport a semi-trailer load of hay at $9,500, Ingenia are excited to present the cheques that will go towards feeding animals and supporting our farmer families throughout another tough summer.

Thanks to all involved in the planning, fundraising, the baking of yummy treats and getting into the spirit to dress up like farmers and share stories of their own farming experiences. It’s been humbling and heart-warming to see Ingenia help out a truly needy cause.