New clubhouse opens its doors for Stoney Creek community

More than 200 people joined Councillor Kathie Collins from Blacktown City Ward 3 to celebrate the opening of Ingenia Lifestyle Stoney Creek’s new community clubhouse.

The brand new clubhouse will become a social and entertainment hub for resident events and gatherings with a large commercial kitchen, accompanying dining and lounge area, a library and an alfresco deck with barbeque facilities and sun deck.

Councillor Kathie Collins, who unveiled the new space, said establishing and preserving a close community has always been a key focus for Ingenia.

“The new clubhouse provides a place for residents to gather together and is an important element that helps create a sense of community and belonging,” Councillor Collins said.

“Creating a sense of community remains at the heart of Ingenia’s vision for its residents, and I congratulate Ingenia for delivering on this promise.

“I also want to acknowledge the important role Ingenia has played in providing high quality and affordable seniors’ accommodation in our City’s booming northwest growth corridor.”

Residents of Ingenia Lifestyle Stoney Creek agree the new facilities are valuable assets that will foster the friendly atmosphere the community lifestyle creates.

81-year-old Bruce Kennedy who has been living in the Stoney Creek community since 1984 said residents couldn’t be happier with the new clubhouse.

“Our new clubhouse is a fantastic addition to the community, and all the residents are thrilled with its new features,” Mr Kennedy said.

“Hopefully the clubhouse will become a hub for our community’s social events and will provide a new space for residents to connect and socialise.

“A group of residents and I get together every week and head out to the local club, but with the new clubhouse we will be able to catch-up without having to leave the community.”

The new clubhouse at Ingenia Lifestyle Stoney Creek will become a hub for events in the community’s social calendar, providing space for residents’ social activities as well as accommodating a variety of meetings, events and the Ingenia Care Wellbeing program. The program aims to improve the independence and wellbeing of residents by assisting them to access a wide range of consumer directed care and service choices.

Affordable Housing in Sight for Downsizers

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High median house prices is not the only obstacle seniors face when considering downsizing, with stamp duty proving to be a significant cost barrier for seniors in New South Wales’ housing market.

Between 2015 and 2016, Western Sydney’s Marsden Park saw 9.49% growth in its median house prices, to $864,990[1]. This price growth combined with $34,415[2] in stamp duty on a property of this price, put property ownership out of reach for a number of seniors.

Ingenia Lifestyle Project Manager Rachel Pullicino said many seniors were unaware there were more affordable ways to downsize and avoid paying unnecessary stamp duty costs.

“Our land lease model at Stoney Creek is unique in that buyers are able to afford a new, architecturally-designed manufactured home and lease, rather than own the land, eliminating the need for buyers to pay stamp duty,” Ms Pullicino said.

“Our residents really do get to experience the benefits of downsizing at Stoney Creek – with no entry or exit fees residents, they have more money in their pockets to continue doing the things they love, such as travelling.”

Over 55s finance expert and author Rachel Lane said stamp duty is an expensive, transactional cost that provides no benefit to seniors.

“Ultimately it’s just a tax, so downsizing your home to a smaller home, or maybe even a strata title unit, you’ll incur a stamp duty in that transaction.

“If you’re considering a move to a land lease community there’s no stamp duty to pay and the unique ownership of the model means you own the home and have a leasehold over the land, making the upfront price often much cheaper, and the ongoing cost of leasing the land can be reduced through rent assistance – it is a very affordable housing option,” Ms Lane said.

Ingenia Lifestyle Stoney Creek offers a range of affordable, quality homes with brand new two bedroom homes available from just $310,000 all featuring modern entertainers kitchens, open plan living and dining areas with an integrated outdoor space. The last opportunity to purchase a brand new home at Stoney Creek is closing fast with the final four homes in the current stage release available now.

For more information call Rachel on 0459 995 919 or visit www.liveinmarsdenpark.com.au

 

[1] http://www.yourinvestmentpropertymag.com.au/top-suburbs/nsw-2765-marsden-park.aspx

[2] http://www.realestate.com.au/calculators/stamp-duty-calculator/

Stoney Creek Celebrates Approval of New Community Club House

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Over 55s lifestyle community Ingenia Lifestyle Stoney Creek, has received approval on its long-anticipated community Club House.

The announcement comes after sell-out sales results for Stage 1 of the community, with only a small handful of homes remaining in Stage 2. Prices start from $350,000 for a brand new 2-bedroom plus study home.

The Club House will be a hub for events in the community’s social calendar, providing space for residents’ social activities as well as accommodating a variety of meetings, events and the Ingenia Care Wellbeing program. The program aims to improve the independence and wellbeing of residents by assisting them to access a wide range of consumer directed care and service choices.

Project Sales Manager, Rachel Pullicino said the vision for the new Club House was to bring residents together and to instill a sense belonging within the community.

“The Club House will allow residents to experience the wonderful community camaraderie and encourage them to take up new hobbies such as book club, art classes, IT lessons, happy hour, seasonal celebrations, health and fitness classes, craft days, card tournaments and dancing, to name a few,” Rachel said.

“Residents will have access to a large commercial kitchen with accompanying dining area, a lounge area with television, library with double sided fireplace, a large alfresco deck with barbeque facilities and a consultation room for visiting medical practitioners.

“There will also be a sun deck and pool for the residents to enjoy in the warmer months and a gym and free workout space to complete the range of health benefits on offer at the Club House.”

The concept for the Club House’s interior design will inspire a calm and inviting feeling, drawing reference from the Blue Mountains with a layered textural look created through the use of furniture and accessories in raw linen looks, leather, textured timbers and pops of pattern.

Ingenia Lifestyle Stoney Creek residents Alan and Isabelle said Ingenia Lifestyle Stoney Creek provided them the opportunity to downsize yet maintain their independence.

“Prior to moving to Ingenia Lifestyle Stoney Creek, we had a big house with a big yard and it was becoming a bit of a struggle to maintain everything as we are not as young as we used to be,” Isabelle said.

“Ingenia Lifestyle Stoney Creek really appealed to us because we wanted to downsize yet maintain our independence while still being nearby to everything we knew, including our family and friends.

“It is really great to be living surrounded by our own age group. Even though we have not been here long, everyone is very friendly and we have already started to form some great friendships.

“The village almost feels like it is one big family. Our neighbours are all lovely and a lot of them are relatively new as well, so it is great to all be settling in together.”

Alan and Isabelle are already enjoying the benefits of a more manageable home, which has been thoughtfully designed for the couple to age in place yet remain independent.

“It sounds like a contradiction but I would call our home small but spacious. We have only 2 bedrooms and a study, but everything is so nicely spaced. We were just amazed at the space.”

For more information, please contact Rachel Pullicino on 0459 995 919 or visit the sales office at 140 Hollinsworth Road, Marsden Park. www.liveinmarsdenpark.com.au

Downsize Without Compromising on Space or Location

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With homes in Sydney among the most expensive in the developed world, baby boomers living in the city’s west do not need to compromise when looking to downsize into a smaller home.

Active Lifestyle Estates Stoney Creek in Marsden Park is an innovative senior’s lifestyle community offering affordable and flexible living options that appeal to many over 55s.

Brand new homes with three bedrooms are selling from $375,000, almost half the median house price in Blacktown.

Stoney Creek resident, Anne Fidler and her husband downsized earlier this year from a large two-storey, five bed, three bathroom home in western Sydney, only 15 minutes away from Stoney Creek.

“We just felt the family house was too big for the two of us and really wanted to downsize in the same area.

“We chose Active Lifestyle Estates Stoney Creek as the community is for our age group, and we didn’t have to pay stamp duty!

“Initially I choose a two bedroom home, but at the last minute I changed my mind and decided the three bedroom would be better; the Active Lifestyle Estates team were very accommodating with us.

“We now have a three bedroom home here and although we have downsized we still have plenty of room and it is just great. We are very happy with the size of our place,” Anne said.

Project Sales Manager Rachel Pullicino said enquires for the new three bedroom floor plan had increased substantially.

“The extra room provides the opportunity to downsize without compromising on space or location.

“Residents like that they are able to retain ownership of a home, while continuing to live in the same or nearby suburb, close to friends and support networks and have that extra space.

“They also love the resort-style feel and to complete that, residents are eagerly awaiting the new community clubhouse later this year with a brand new pool and gym, BBQ and alfresco dining on the deck,” Rachel said.

The new clubhouse, Stoney Creek Estates, will play an important role in bringing residents together to encourage connectedness in the community.

This was a major factor that drew Anne to the community as her husband is retired, while she works full time.

“Everyone is very friendly and there is already a great sense of community so most of us just socialise with each other and at each other’s places. I still work five days a week but my husband is retired and really enjoys socialising with the others during the week when I am at work,” Anne said.

Homes are selling from $259,000 and brand new from $295,000.

For more information contact Project Sales Manager, Rachel Pullicino on 0459 995 919.
Active Lifestyle Estates Stoney Creek, 140 Hollinsworth Road, Marsden Park NSW 2765 or visit www.liveinmarsdenpark.com.au

Stamp Duty Relief Drives Sydney Downsizers

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

Active Lifestyle Estates Stoney Creek at Marsden Park has fast-tracked stage two of the over 55s lifestyle community after the first stage achieved a 95 percent sold out status within 12 months.

Since the community’s open day in May – attended by more than 300 people –  a record breaking amount of sales have been made with the unique purchasing model proving increasingly popular amongst buyers.

According to Ingenia Communities Chief Operating Officer Nikki Fisher, the sales surge was a clear reflection of the impact rising house prices and stamp duty costs were having on New South Wales’ senior population.

“The Active Lifestyle Estates model is unique in that buyers purchase a new, architecturally-designed manufactured home and lease, rather than own, the land which eliminates the need to pay stamp duty,” Ms Fisher said.

“For seniors looking to capitalise on recent house price increases, the ability to downsize without having to pay stamp duty costs is a welcome relief.”

“It is well-documented that this is a particular issue affecting asset-rich, cash-poor seniors, who are subsequently staying in a large family home to avoid paying tens of thousands of dollars in stamp duty in order to downsize.

Stamp duty has played a prominent role in the current tax reform debate as it can be a major inhibitor of mobility for people seeking to move homes. New South Wales seniors looking to downsize to a modest home of about $500,000 could expect to pay an estimated $17,990 in stamp duty.

The Actuaries Institute recently released a green paper Unlocking Housing Wealth which made a number of policy-based recommendations to help Australians improve their retirement standards, including stamp duty relief for retirees, to address the financial disincentive of this tax and encourage more to downsize.

“With Active Lifestyle Estates’ homes starting from well below median house prices, it’s no surprise they have proven so popular with downsizers looking to avoid stamp duty. For example, at Active Lifestyle Estates Stoney Creek, brand new homes start from just $285,000.

“This ensures a much more affordable entry price point and means new residents are often able to free up a substantial amount of equity raised in the sale of their previous home.”

Active Lifestyle Estates works with Australia’s leading manufactured home builders to construct the homes offsite – generally in less than 12 weeks – before being transferred to the community and finished with decking, landscaping and a carport. Within some communities, there are also a variety of established homes available for purchase

Stage Two Demand at Active Lifestyle Estates Stoney Creek

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Demand for affordable over-55s accommodation west of Sydney has never been higher, with strong sales at Active Lifestyle Estates Stoney Creek at Marsden Park resulting in a fast-tracked stage two, which has just hit the market.

With more than 95% of stage one sold, stage two was announced three months ahead of schedule at the estate’s recent open day, where five new home designs were unveiled.

Proud new home-owners Kevin and Janet Finn purchased one of the last homes in stage one, after searching for somewhere relaxing to retire and downsize from their family home.

“We first saw an ad in the paper for Active Lifestyle Estates Stoney Creek about twelve months ago, when Kevin decided to retire and my work was winding down,” Ms Finn said.

“On a whim, we decided to visit the estate, and actually signed our contract that day.

“We wanted a better lifestyle for ourselves in retirement. The idea of being in a community with like-minded people, regular social events and activities, and the security to lock-up and go on holiday really appealed to us.

“Although what really sealed the deal was no stamp duty, no rates and no entry or exit fees. It was just so affordable for such a beautiful new home.”

Ingenia Communities Chief Operating Officer Nikki Fisher said many seniors were unaware there were ways to avoid paying stamp duty costs.

“The Active Lifestyle Estates model is unique in that buyers 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.

“With brand new homes starting at just $285,000, compared to the median house price of $677,000 in Blacktown[i], Active Lifestyle Estates Stoney Creek offers an affordable alternative housing solution to seniors in today’s property climate.”

Place a deposit before 30 June 2016 and receive a special welcome gift! On the settlement of your new home you will receive a $2,500 gift card* plus you’ll go in the running to win a cruise valued up to $20,000* (*terms and conditions apply).

If you’re interested in finding out more about Active Lifestyle Estates Stoney Creek, please visit www.liveinmarsdenpark.com.au  or call Project Sales Manager Rachel Pullicino on 0459 995 919.

[i] Residex Suburb Report – Blacktown 2148 NSW

New Homes Selling at Half of Western Sydney Prices

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Senior living finance expert and author, Rachel Lane urges seniors to pay close attention to median house prices in their area and affordable housing price points to get a better sense of the type of cash reserves they might be able to access.

“Active Lifestyle Estates Stoney Creek in Marsden Park, is an innovative seniors lifestyle community offering affordable and flexible living options that appeals to many over 55s.

“There are brand new homes selling from just $300,000, which are priced at half of Windsor’s median house price of $598,000[1] and Blacktown ($661,000[2]),” Ms Lane said.

According to Ms Lane, there is another great confusion amongst many people about the types of affordable housing available.

“Senior homeowners looking to downsize needn’t be competing in the private market against homeowners and investors, which is a common fear, as there are a variety of traditional and new home options to suit.

“Lifestyle-focused manufactured home estates, for example, are one of the newest catering to this specific market.

“While the homes on offer are of an increasingly high quality, the entry price point is kept low since residents lease, rather than own the land, with weekly fees in the $120-$160 range. This pricing model eliminates the need to pay stamp duty, entry and exit fees and in some cases, the resident is then eligible for rent assistance.

For more information on Active Lifestyle Estates Stoney Creek visit www.liveinmarsdenpark.com.au

[1] Residex Suburb Report – Windsor 2756 NSW http://www.residex.com.au/free-report

[2] Residex Suburb Report – Blacktown 2148 NSW http://www.residex.com.au/free-report