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Steps to buying a unit in a retirement village

If your home has become too large for you or no longer meets your needs, you may wish to consider moving to a retirement village.

There are a lot of things to consider when making your decision to live in a retirement village.

Before you start looking at units, it’s vital that you work out what you want and do your research. You may also consider discussing your retirement living options with trusted family and friends.

This guide will take you through the steps involved in buying a unit in a retirement village, including getting legal advice and finding out all the costs involved.

The guide will also explain the risks involved in buying retirement units as investments, as buying into a retirement village is not the same as buying an investment property.

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Steps to buying a unit in a retirement village Guide

In this guide:

  1. Know the risks of retirement units as investments
  2. Shop around
  3. Compare different villages
  4. Get legal advice
  5. Find out the costs

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