Downsizers seek new living trends with more benefits

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With housing affordability an ongoing concern for seniors within the Coffs Harbour region, leading developer of over 55s communities, Ingenia Lifestyle, is meeting the surging demand for more suitable accommodation options with the launch of Plantations.

The new lifestyle community, located in Woolgoolga, recently celebrated the pre-sales launch by welcoming over 200 guests to a special high tea event with seniors finance expert, Rachel Lane, while offering a sneak peek of the vision for the new $75 million community.

The event attracted an unprecedented number of downsizers looking to understand how selling their family home could be a crucial factor to freeing up much needed funds while retaining financial independence in their senior years.

Guests were also keen to learn about the new alternative to the traditional retirement village option with Plantations land lease ownership model setting new benchmarks in over 55s lifestyle living.

Ingenia Chief Operating Officer, Nikki Fisher, said the demand for Ingenia Lifestyle’s land lease communities comes at a time when many senior Australians are grappling with the availability for more suitable housing.

“Those who look to downsize and relocate to an over 55s lifestyle community often pay less for their new home, which provides them with more capital to fund their senior years.

“Lifestyle-focused land lease communities are one of the newest senior living trends available to the downsizing market, allowing residents to purchase a brand new home and lease the land while eliminating the need to pay stamp duty fees with no complicated exit fees.

“Many lifestyle community residents are also able to access rental assistance, another added comfort each fortnight and take part in Ingenia’s social, lifestyle and wellbeing programs so residents can continue to live independently or lock up and leave to travel,” Nikki said.

The very simple and transparent land lease ownership model offers buyers more confidence knowing there’s no surprises with just one weekly site fee to cover the rent of the land, additionally, if or when the time comes to leave, the home owner retains 100% of any capital growth made on the property.

For more information, or to book your appointment to view the home designs, contact the sales team on 0448 714 021 or visit liveinwoolgoolga.com.au.