Are retirement villages and over 55's communities a good idea?
Retirement communities like Serene Living offer specific amenities to suit people aged 55 years and over.
Here are a few of the advantages of living in a retirement village on the Gold Coast:
1. Great Weather
Serene Living is in Tweed Heads which is located on the southern end of the Gold Coast in Queensland. Tweed Heads typically enjoys a warm, sunny and comfortable climate which adds to the lifestyle many retirees love.
2. Aging Population
People are living longer than ever before and specialised over 55's communities are the ideal place to settle down and relax with like-minded people.
3. Maintenace Available
All common areas are cleaned and maintained by the staff at Serene Living. We also offer apartment cleaning services.
4. Amenities
There are a huge range of activities and amenities available (view the list) at our Southern Gold Coast retirement village.
5. Safe, Secure & Quiet Community
Our apartments have secure access keepig our residents safe and the amount of noise is kept to a minimum.
What is the difference between aged care and retirement village?
A Retirement Village like Serene Living is primarily self-care. This means you look after yourself and you choose to make the move to a Retirement Village when you're 55 years or older.
An aged care facility differs because it will often provide some level of personal or nusing care. The other key difference is that potential residents applying to an aged care facility are usually required to undergo an ACAT assessment.
What do retirement villages offer?
Retirement villages like Serene Living provide independent accommodation for retirees (over the age of 55) and often include extra facilities and services.
Some of the extra facilities we offer:
- 1,200m2 Landscaped Garden Oasis.
- Edible Sky Garden - Fruit, Vegetables & Herbs.
- Hydro Exercise Pool.
- Gymnasium Coffee Shop / Cafe.
- Sports Lounge - Billiards, Bar, Darts Sun Lounge.
- Games Room Resident Club Lounge with Bar & Alfresco Terrace.
- Creative Arts Studio Auditorium - Seat 165 People.
- Private Function Room.
- Media Centre.
- Resident's Veggie Patch.
- Rooftop Water Features & Lounge Suites.
- Heated Lap Pool & Spa.
- BBQ Areas.
- Library with internal fireplace and sun roof.
- Luxurious Theatrette with Audio Hearing Loop Surround Sound.
- Workshop With Tools.
- Social Clubs (Cards, Billiards, Gardening, Fishing) located close by.
Where should I retire on the Gold Coast?
The Gold Coast and Tweed Coast are fantastic locations for retirees to enjoy their leisure years.
Serene Living is located on the Southern Gold Coast nestled in the heart of Tweed Heads. Serene Living allows you to indulge in a timeless way of life, offering the perfect balance of community & privacy.
Do people in retirement communities live longer?
Living in a retirement community provides many seniors with a higher quality of life. There have been studies which indicate that people living in retirement communities may be living for longer.
New research suggests that people in retirement villages are happier, healthier and have a greater sense of wellbeing than seniors who remain in their current home or existing lifestyle.
Other than being over 55, what eligibility do you need to meet to move into Serene Retirement Living?
That’s it, that’s the only retirement village eligibility you need to meet. You merely have to be over 55 years of age.
Who can you sell your apartment to if you move out?
We offer our services to sell the apartment on to an eligible person on your behalf, or you can do it yourself. The only stipulation is that it must be to somebody over 55.
What is the process of selling your apartment if you move out?
The unit would usually go onto the open market. You have the option to choose whether we handle the sale or to go with a real estate agent.
However, with our desirable location with so many amenities on the doorstep, it’s often the case that we have a waiting list of people interested in investing in that particular apartment.
Can you leave the apartment as a retirement village investment to a family member in your will?
Unfortunately, because these retirement apartments are sold under a 99 year lease, the unit must change hands. While the unit can’t be left to someone in a Will, the proceeds from the sale of the unit can.
How is the value of the apartment expected to change over time?pet
Capital growth is always determined by two things; location and supply/demand. With so many baby boomers on the Gold Coast, the demand is certainly there and we have a fantastic location with shopping centres, hospital, bowls club, airport, river and ocean all on our doorstep.
How is the value of the apartment expected to change over time?
Capital growth is always determined by two things; location and supply/demand. With so many baby boomers on the Gold Coast, the demand is certainly there and we have a fantastic location with shopping centres, hospital, bowls club, airport, river and ocean all on our doorstep.
Is there a retirement village entry contribution, or is it part of the apartment price?
Residents buy into our units under a 99-year lease structure, the benefit of which is there’s no stamp duty on the purchase price. So really it is just the price of the unit itself – no extra retirement village entry contributions.
How do your exit fees differ from other retirement villages?
This 35% deferred management fee is an industry average in Queensland. Deferred Management fees have been around for about 30 years. They have proven to be very effective in providing a quality of life that would not have been otherwise possible.
What are the exit fees for?
As mentioned previously, the exit fee is used to maintain the operation of the retirement village. This includes cleaning, building maintenance and that of the onsite facilities.
Because you are paying at the end of your time with us, deferred fees allow us the opportunity to provide exceptional lifestyle facilities. This means a level of luxury, safety and wellbeing, without having to add a substantial premium to the purchase price.
At Serene Living, we don't live in retirement homes, our residents enjoy luxury apartment living.
