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Retirement Planning
5 minute read

Alternatives to Retirement Villages

Life is a long and winding journey. We go from childhood and living at home to graduating from school or college and heading out from home to find our place in the world. Along the way we reach many milestones, such as buying our first house and marrying the one we love. We have children, and go through the process of raising them so they can also head out on their own. Then, one day, we look up to discover that we’ve reached the empty nest phase. That time of our life is soon followed by our own upcoming retirement.

As we get older, there are many new things that we have to think about or consider in life. With retirement, we will now have the freedom to create our own daily schedules and do more of the things that we love. We may also find that our social network changes, as we no longer have daily contact with our friends at work. It’s also a time when we are getting older, and have to begin to address our future living, housing and health care needs. As part of preparing for the future, it’s the perfect time to take a look at alternatives to retirement villages.

Retirement Village Alternatives in Australia

Australians are getting older, and there are an estimated six million fellow Australians currently over age 55 and soon to head into retirement. This ‘boom’ of baby boomers has led the market to begin offering a wide variety of retirement village alternatives.

In the past, if you were close to retirement age and looking for downsizing options, there weren't many independent living choices available. Today however, independent living and retirement communities offer a variety of choices with incredible amenities that allow you to live life to the fullest alongside like-minded people. From social clubs and wellness hubs to landscaped gardens and recreational activities, these communities provide an active, comfortable lifestyle that ensures you can enjoy your retirement years to the fullest while maintaining your independence.

Independent Living Apartments

If you are in good health, you might look for an independent living option in a retirement village. These villages often offer apartments that are serviced to those interested in living on their own.

This alternative is ideally suited to those who are capable of looking after themselves, but appreciate the option of receiving services like home cleaning or the preparation of meals. People can live on their own, while also enjoying being part of and interacting with others in the community.

Rental Villages with Communal Services

Another option to consider would be rental villages, which combine independent living, community and extra services that would be beneficial to those who are aging. Typically, these communities may offer studios or single units.

Since these villages are designed for those in their later years, the rental units will feature age-friendly features designed to reduce the risk of tripping or falls. Home care services may be available, and may feature a dining room offering several meals daily.

Residential-Based Land Lease Communities

In recent years residential-based land lease communities, or RLLCs like Lifestyle Communities, are becoming a popular option for those over 50. With this retirement living choice, you own the house and the land is leased.

One of the key benefits of RLLCs is their affordability. With a lower cost of entry, they allow more retirees to enjoy a comfortable lifestyle. Because there is a lease for the land, Australians who are on a pension are then eligible for rental assistance up to a maximum of $66.50 each week from the Federal Government.

Beyond financial advantages, land lease communities are designed to foster a vibrant, resort-style retirement community. Residents can enjoy access to a range of shared amenities, such as swimming pools, gyms and outdoor spaces perfect for relaxation or social gatherings. These facilities encourage a sense of connection and community while providing opportunities to stay active and engaged.

In addition, this affordable retirement living option also offers a low-maintenance lifestyle, as many communities include services such as gardening and general upkeep. This gives residents more time to focus on enjoying their hobbies, travelling, or simply spending time with friends and family.

At Lifestyle Communities we have a range of retirement units for sale across Melbourne. Check out our communities and see if this might be the right option for you.


Retirement Villages

Retirement villages are a popular choice for over-55s seeking a secure and social lifestyle, with a strict minimum age limit. They differ significantly from land lease communities in terms of ownership structure and financial commitment.

Most retirement villages operate under leasehold or licence agreements, meaning residents purchase a long-term right to reside rather than owning their home outright. Some villages offer freehold or strata ownership, but this is less common.

Retirement villages tend to attract older retirees who prioritise safety, security, and social connection—often with a focus on planning for future care needs.

Many retirement villages also cater to residents who may require additional support as they age, offering access to optional in-home care services or even co-located aged care facilities.
However, this added security comes at a cost:

A key difference is the fee structure. Retirement villages often require:

  • A large upfront payment

  • Ongoing fees to cover property maintenance, amenities, and community services.

In retirement villages, you usually pay a significant entry fee, along with ongoing monthly fees that cover property maintenance and access to communal facilities. There may also be exit fees when you leave or sell, which can reduce the amount you recoup.

Finding the Right Option for you

There are wonderful retirement living options available for those over the age of 50 or reaching retirement. Many of the aged care retirement village alternatives are far better than the nursing home option from days gone by. With the right choice, you will be able to get any care or support you need, but will be able to live independently and enjoy the amenities of a vibrant, social community.