The cost to rent a 2 bedroom self contained unit in the proposed over 55's complex will be determined once the complex is underway, however it will be in line with market value and a 4 week bond will be required. Should you be receiving a pension from Centrelink, you may be eligible for rental assistance.


The cost to purchase a 2 bedroom self contained unit will be determined once the complex is underway, however it will be in line with market value. It is proposed that the self contained 2BR units will be strata titled so that you will be the registered owner of that unit. However, being in an over 55's complex, the occupants will be restricted to 55yrs and over.


The following will give you an idea of what some established Retirement Village 2 BR units will cost you in some of the existing complexes around the metro area:

2 bedroom Courtyard Villa architect designed unit fitted out

with window treatments and floor coverings.

The air-conditioned unit features a carport and storeroom

under the main roof as well as a private courtyard.                  


Price: $280,000 Maintenance & Admin Fees.  $71.00 per week


(If a couple borrowed 80% @ 6%, along with the $71 fee, this would equate to about $330pw)

It is proposed that the owners and occupants of the 2 BR units in the "Anglo Homes" complex will have access to and enjoy the facilities within the complex for a small monthly fee (yet to be determined).


Example to illustrate above:


Payments Calculator for 2 Bedroom Unit (2 persons max)







2BR Unit



Purchase Price

 $ 280,000.00

For ownership of Strata Unit in your name

Deposit (10%)

 $   28,000.00



Balance Borrowed

 $ 252,000.00







Weekly Interest only

 $         290.77

Payment to Lender


Strata Levy PW

 $           25.00

Covers Bldg Insurance and Caretaker


Maintenance Fee PW

 $           40.00

Covers Security, Complex Garden Maintenance

Total weekly Payment

 $         330.77







(NB: Does not include meals, Rates &Taxes, Contents Insurance)




All residents and owners will have the opportunity to take part in the formation of a "social committee" to organise monthly programmes to include:

  • BBQ & Pizza evenings

  • Bingo

  • Wine & Cheese evenings

  • Film shows

Other activities can include the following:

  • Gardening

  • Cooking

  • Painting

Fund raising functions with the help of family members can be organised in the main hall.