RetireAustralia’s strata contract
Our strata title residence contract
Our strata title residence contract offers you the social and wellbeing benefits of a retirement village while maintaining ownership security.
Moving in
With a strata-title contract, you own your home plus a portion of the community facilities. You will need to pay stamp duty and ongoing strata fees.
- Style your home, your way
In our strata-title villages in Queensland, you have free rein to style your home internally, however, all external work requires approval from the Body Corporate.
In our strata-title villages in New South Wales, you have free rein to style your home as you please. However, larger renovations require approval from the Owners’ Corporation.
Living
Life in a retirement village offers a community lifestyle, a safe and supportive environment with a range of health and wellbeing services, activities and amenities.
- Village service fees
These monthly fees keep the village running and cover services that make life easier and more enjoyable — things like maintaining shared spaces, security, activities, and community amenities.
- Strata levies
Paid quarterly to the Owners Corporation (NSW) or Body Corporate (QLD), these cover the upkeep of common property, building insurance, and shared facilities.
- Peace of mind
By law, all fees are charged at cost — we make no profit. They only increase in line with actual costs, and village finances are independently audited each year.
Moving out
When it comes time to leave your home, we ensure the process is simple and stress-free for you and your loved ones.
- Help selling your home
We’ll advise you on how best to prepare your home for sale, then put it on the market and help you find a new buyer.
- Fees after you leave
When you move out, you’ll continue to pay village service fees and strata levies until your home is sold. In some cases, these fees may be capped or shared over time to keep things fair.
- Understanding market value
Owning your home outright means its value changes with the property market. If prices go up, you may make a profit. If they go down, you could sell for less than you paid.
- You’ll get paid after settlement
You’ll receive your exit entitlement within 14 days of settlement.
The management fee explained
When you leave, you’ll pay a management fee which is capped at 37.5% of the resale price in our strata title villages in New South Wales and 35% of the resale price in Queensland and is accrued during your first five years in the village. This fee gives you access to your preferred lifestyle and contributes to quality social and recreational amenities. This is our form of income and can contribute to village improvements and support staff.
Our strata management fee explained – click image to view.
What our residents have to say:
I’m old school and very much enjoy the security, in my own mind, that the strata-title contract provides us. Because the truth of the matter is, as lot owners, we have a big say on what goes on and in the budgeting process, along with the body corporate and RetireAustralia.
We always wanted to go for strata contract, because it made more sense to me. We knew that we would get a percentage of the profit, even with the management fee. It was all in the contract in black and white, so we felt we had a guarantee for the future.
Next: Discover Our Lease/Licence Contract
Learn how our Lease/Licence contract offers financial clarity, peace of mind, and flexibility—so you can move in with confidence and plan for the future with certainty.
