Sherwin Rise vs land lease
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Choosing where to live in retirement is a big decision - and at Sherwin Rise in Wollert, we believe it should be made with clarity, confidence and careful consideration. Whether you're exploring retirement villages like ours or comparing land lease communities, understanding the differences between these two models can help you make the right choice for your lifestyle, financial goals and future wellbeing. We've outlined some of the key differences below, and you can read our full article here for even more detail.

 

Sherwin Rise retirement village vs land lease communities: what’s the difference?

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Retirement villages

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✔ Lease or license to occupy model

✔ Legally protected by retirement village legislation

✔ Service fees that cannot be profit-driven

✔ Multiple contract options, some with no exit fee

✔ Capital gain sharing available in some contract options, and a deferred fee non-participating contract with a lower purchase price no selling or reinstatement fees

✔ Residents involved in annual budgeting

✔ Keyton offers a 6 month money back guarantee for change of mind - some conditions apply

Land lease communities

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✔ Own home, lease or licence land

✔ Keep 100% of capital gain on the home but not on the land, which you lease or rent

✖ Generally covered by fewer consumer protections including state tenancy laws

✖ Site fees generally go up yearly and are allowed to include a profit margin for the operator

✖ Limited contract choices, usually one standard contract

✖ Limited resident involvement in fee changes

✖ No standard exit guarantee

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Making the right retirement choice

Choose the lifestyle that's right for you.

Frequently Asked Questions


Is land lease cheaper than retirement living?

 

Land lease communities may appear more affordable upfront, but ongoing site fees can increase annually and may become costly over time. Retirement villages typically offer more predictable costs and greater transparency.


Do retirement villages have exit fees?

 

Some retirement village contracts include exit fees, but at Keyton, we offer multiple contract options, including those with no exit fees and options that allow for capital gain sharing.


Is access to amenities included in the recurrent charges in a retirement village?

 

Yes. At Keyton, amenities like pools, gyms and community facilities are included in your monthly service fees.


Are retirement villages regulated?

 

Yes. Retirement villages are governed by state retirement village acts and regulations, offering strong legal protections. Keyton also adheres to the Retirement Living Code of Conduct for added transparency and quality assurance.

 

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