The Benefits of Land Lease Living: Financial Freedom and Resort Lifestyle Combined

Land lease communities have grown rapidly amongst the over-50s market. The appeal comes down to two things: simple financial cost structure and the elevated day-to-day lifestyle.
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STRAIGHTFORWARD AND HASSLE FREE

The Numbers That Change the Conversation

The financial structure of land lease living at Living Gems is simple, straightforward, and protected by the Manufactured Homes (Residential Parks) Act 2003.

At Living Gems, you’ll find:

  • No exit fees when you sell
  • Keep 100% of capital gains
  • No stamp duty
  • No council land rates
CHALKING IT UP

Why Land Lease Living Makes Financial Sense

1

No stamp duty:

As you are purchasing a home and renting the land it sits on, stamp duty doesn’t apply. This saves downsizers tens of thousands compared to traditional home ownership or retirement living options.

2

No exit fees or deferred management fees:

There are no surprise fees when you decide to sell your home. In a land lease community, you keep every dollar of your home’s price. No sharing with the operator!

3

100% capital gains retained:

When your home value increases, you pocket every dollar. The operator does not take a cut in land lease communities.

4

Predictable ongoing costs:

There are no surprises. Your weekly site fee is the main ongoing cost and increases at 3.5% a year or is CPI adjusted, whichever is higher, so you can plan future expenses better.

Boost your superannuation

If you’re aged 55 or older and have owned your home for 10 years or more, you may be eligible to make a downsizer contribution to your superannuation. Currently, you can contribute up to $300,000 individually (or $600,000 per couple) from your proceeds of selling an eligible home – increasing your retirement savings and financial flexibility!

Eligibility criteria and conditions apply, including timing requirements and rules around the property sold. Head to the ATO website for up-to-date rules on superannuation contribution or consult a licensed financial adviser.

Land Lease Living and Government Support: What Buyers Often Don't Know

Buying a home in a land lease community can unlock benefits and government support, like Commonwealth Rent Assistance. Eligible applicants who are on Age Pension and meet other criteria may qualify for rent assistance that reduces the weekly site fee.

The scheme covers 75 cents for every dollar of the site fee above the minimum threshold, which adds up to a maximum of $212 per fortnight for eligible singles. This is CPI indexed twice a year in March and September.

For more detailed information or to see if you are eligible, visit Services Australia.

Hassle-free living, built in

The Part the Spreadsheet Doesn't Capture

Built-in security, built-in legacy

Security That Goes Beyond the Lifestyle

Protected by legislation:

Your right to live in your home at Living Gems is protected by Queensland’s Manufactured Homes (Residential Parks) Act 2003. Legally guaranteed, operators can’t ask you to leave.

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The Selling Process

A home you can pass on:

Your home is treated much like any other home you own. It becomes part of your estate and can be passed onto your family, sold by the executor, or if eligible, it can be occupied by a beneficiary. There are no complex exit arrangements.

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Ready to take the first step? Speak to our sales team today

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