Retirement Living

Retirement Living


In November 2018, we opened 10 new apartments as part of the first stage of our redevelopment. We can offer you a quality lifestyle, social connections and peace of mind in our architecturally designed one-bedroom apartments with car parking and shared spaces. This will be an ideal place to start a new chapter of your life that is all about you.

There are two options: a strata title purchase or renting the apartment.

View Brochure

Located a short stroll to the charming Yackandandah village, you will be able to enjoy the cafes, specialty shops and galleries.  A shuttle bus will provide drop off and pick up trips to the village twice a day.

Want to know more? Give us a call or book a tour – we’d be delighted to show you around.

There are various costs associated with entering, living in and leaving a retirement community. Here is a list of the most common:

Option 1

Founder Option

Entry Price

This is a single up-front payment, also known as an ingoing contribution/buy in.

The entry price for the apartments is $450,000.

There is also a one-off cost for preparing your residence lease agreement of $399.00.

Deferred Management Fee

This is the amount that is paid by the resident when they leave the community and the property has been sold to a new resident.

For the apartments, this is 4% of the entry price per annum to a maximum of 5 years.

Ongoing Fees

There is a monthly payment that contributes to the running costs of the community. Think of them as you would body corporate fees when purchasing an apartment or ongoing maintenance costs in your own home. This fee is $154.00 per month. We also offer a fully assisted living package. The monthly single fee is $1,104.00 or couples fee of $1,932.00 per calendar month. A fee of $50.00 per month applies for telephone/internet charge plus calls.

The package includes lunch and dinner each day, one full apartment clean per week, one laundry service per week, security service, emergency call system, utility charges and usage, use of community facilities, maintenance, gardening and administrative services.

Make sure you discuss these fees with a legal or financial adviser so you can consider them against your own financial situation.

Option 2

Rental Option

Costs for Rental Option:

There is a one-off cost for preparing your residence lease agreement of $399.

Rent is $418.00 per week.

For the assisted living option, the monthly single fee of $1,104.00 or couples fee of $1,932.00 per calendar month applies plus $50.00 per month for telephone / internet charges, plus calls.  For the independent living option, there is a monthly fee of $154.00.

Frequently Asked Questions

Other questions you may have:
  • If I move out, how do I get my money back?

    Yackandandah Health will return your entitlement between 14 days and a maximum of six months.

  • What can I do if I need more personal care?

    As this is your home, additional services can be arranged eg. Home Care provided by Yackandandah Health Home Care, a Community Aged Care Package and various allied health services.  As your nursing or medical needs become more advanced, you can move to residential aged care at Yackandandah Health.

  • Do I or can I have a pet?

    These requests will be determined on a case-by-case basis following an interview with CEO. If agreed then a probationary period applies.

  • Can I plant a garden?

    A gardening team takes care of all the gardening and landscaping within Yackandandah Health. Veranda pots are encouraged with resident responsibility. You may also like to participate in the community garden.

  • Can family members stay over?

    Yes, they can stay for short periods, not exceeding 1 week.

  • Can family members come for lunch or dinner?

    Yes, casual bookings are taken for Yackandandah Health to provide a meal for your visitors, with a fee charged to the resident’s account.

  • What can I bring with me?

    You bring your own belongings including furniture and bedding. Electrical items will need to be tested and tagged.  Our maintenance department can provide Testing and Tagging for a fee.

If you would like further information or a tour, please contact our administration staff or call on 02 6028 0100