Frequently Asked Questions

Our communities offer you the opportunity to downsize and free up money so that you can make the most out of your new lifestyle choice. Our communities provide security and peace of mind with residents owning their own home, without the cost of buying the land, without paying any stamp duty and any complicated exit fees. Our communities offer you the freedom to live within a private and peaceful environment with like-minded neighbours making it an easy, safe and affordable choice for over 55s.

In Eden Gardens you have the benefit of owning your own home, without the cost of buying the land. You don’t pay any stamp duty, and unlike many retirement villages, there are no entry or exit fees, no deferred management fees, and you keep any capital gains when you sell.

Because the purchase price of a house situated in a land lease community is generally far lower than traditional housing as you are not paying for the land.

It is intended to provide an active lifestyle village environment with gym, bowls and golf driving nets. Other lifestyle initiatives planned include community kitchen, bar, theatre and craft room. A community bus will also be provided.

Yes, you own your home outright, while you have a secure long-term occupancy on the land on which your home is situated.

There are two documents that you enter into when you buy a home. The first is a contract for the purchase of your home. A copy of the contract is available upon request.

The second is a Residential Site Agreement that provides you with the continuing right to occupy the land. A copy of the Residential Site Agreement is available upon request.

No. Stamp duty does not apply to the purchase of homes in Eden Gardens Estate.

Your right to occupy your land is secure and the site agreement is protected by NSW State Government legislation under the Residential (Land Lease) Communities Act 2013. This legislation protects the rights and interests of residents in residential land lease communities such as Eden Gardens Estate.

The Residential (Land Lease) Communities Act 2013 is administered by The Department of Fair Trading. Additional information explaining the laws can be provided by our office, or alternatively, further details can be obtained directly from the Department of Fair Trading: www.fairtrading.nsw.gov.au

There is no requirement for you to engage a solicitor, however you are more than welcome to consult one should you choose.

Normally it takes between 14-18 weeks to complete the new home of your choice. There will be occasions when a new home may be available for immediate purchase and occupation.

Yes. You are free to sell your home at any time. We can assist you in selling your home or you can appoint an external selling agent.

No. There are no entry, exit or deferred management fees.

Yes absolutely. When you sell your home, all sale proceeds and capital gains are yours to keep.

Yes. Your home is part of your estate’s assets and as such it can be included in your will. Your beneficiaries may reside in the home if they meet the criteria, or they can sell the home at any time and all sale proceeds and capital gains belong to them. There are no hidden costs nor exit fees.

You pay a weekly site fee which covers rent for your land, use of all village facilities, and various costs associated with running and maintaining the community. Site fees are payable fortnightly, via direct debit. More information on site fee costs and what they cover can be provided by our sales office.

No. As you do not own the land, you do not pay council rates nor land tax.

The site fees will be adjusted annually according to a formula in each resident’s Residential Site Agreement. More information on site fee increases can be provided by our sales office.

If you receive a government pension or payments through Centrelink or Veterans Affairs, it is likely that you will be entitled to receive rent assistance, which can in effect help to reduce the site fees that you pay. For full information about how rent assistance is determined and calculated see: www.humanservices.gov.au/rentassistance.

No. As a resident of Eden Gardens you do not pay body corporate fees, and there are no body corporate fees applicable.

You are responsible for utility services usage costs to your home such as electricity, water, gas, telecommunications, home and contents insurance, and maintenance. You may opt to install solar on your roof to supplement energy and reduce costs. Additionally, an embedded network is planned for the village, which will provide cheaper energy for residents.

Yes, all homes come with a builder’s warranty in respect of structural defects for 6 years and general defects for 4 months.

Eden Gardens has been specially designed for an over 55s community, and therefore you must be over the age of 55 to live in the estate (or if a couple, at least one of you must be over 55). You do not need to be retired, the estate welcomes both working and retired over 55s.

Yes, most definitely. Whether you are retired, still working, married or single, you will find a strong sense of community and security with like-minded people at Eden Gardens Estate.

Yes. If a resident has guests staying for more than a week they are required to let us know their names and their intended length of stay.

Eden Gardens Estate is pet friendly and one pet is permitted in your home. In order to maintain a high quality of amenity for all residents, prior written approval from community management is required for every pet and pet owners are required to sign and comply with Eden Gardens Pet Policy.

Yes there is. Please note availability is limited, so please enquire to confirm your spot.

Eden Gardens is a gated community with entry via an electronically operated gate. On-site management also provides for added on-site presence.

Estate management maintains all the communal areas, including the grassed area and street trees in front of your home. You are responsible for maintaining your own front, rear and side gardens. Please enquire for a copy of the Community Rules for a more detailed description of maintenance provisions.

In the unlikely event the Estate is sold, your tenure remains protected by the Residential (Land Lease) Communities Act 2013.

This is a set of rules created for all residents. They have been created to provide an operating framework ensuring all residents enjoy the lifestyle they bought into. A copy of the community rules is available upon request.

Please call 1300 844 492