Yes. The land lease model allows purchasers to own their homes 100% at an affordable price point. This gives you the convenience to free up more of your savings.

Sites fees vary, however, they start at $218 per week and are paid fortnightly. If you are approved to receive Government Rent Assistance, the weekly site fee will be reduced, depending on your personal financial situation. However, this cost can be offset through Commonwealth Rent Assistance, if the resident receives a benefit such as the age pension, JobSeeker payment, carer payment or disability support pension. As of June 2021, the maximum fortnightly Commonwealth Rent Assistance payment was $140.80 a fortnight..

No. Under the land lease model, you don’t pay any extra fees unlike in the traditional retirement living.

The tenure of your site is very secure at Tallowood, we operate under the Residential (Land Lease) Communities Act 2013, NSW. This legislation seeks to promote fair trade practices by operators by improving the governance of residential communities.
Find out more https://www.legislation.nsw.gov.au/#/view/act/2013/97.

Your weekly fee includes the lease of your land and a variety of cost related to operating and maintaining the common areas of the community and the use of the facilities.

No. You don’t pay stamp duty on the purchase of your home. This is one of the many savings at Tallowood.

Any modifications on the outside of the home that are visible to the community need to be approved by the community manager.

The only outgoing expenses are the use of your utilities such as gas, electricity, water, phone, internet and any insurance you have on your home & contents.

We welcome all over 50’s to live in our communities.