Understanding the Two Models

If you’ve started exploring over-55s villages in Australia, you’ve likely come across two main types of living arrangements: the Lease for Life model and the Home Ownership model.

At first glance, they might sound similar; both offer modern homes, community living, and low-maintenance lifestyles. But dig a little deeper, and you’ll find some key differences that can significantly affect your financial security, flexibility, and peace of mind.

Let’s take a closer look at what each model really means, and why so many over-55s are now choosing the ownership-based approach at Fairway Villages.

Lease for Life | What You Need to Know

In a Lease for Life arrangement, you don’t actually own your home or the land it sits on. Instead, you’re granted a long-term lease, which gives you the right to live in the property for as long as you wish. While this may seem simple on the surface, the fine print can be complicated, and it often includes costs that many people don’t expect.

Key things to consider with a Lease for Life model:

- You don’t hold the title. The property remains under the ownership of the village operator or developer.
- Exit fees apply. Often called “Deferred Management Fees” (DMFs), these can take a percentage of your home’s resale price when you leave (sometimes as high as 30–40%!) 
- Limited control. You may have to sell through the operator, and it can take time before you receive your funds.
- Restricted inheritance. Because you don’t own the title, your ability to pass the property on to loved ones can be limited.

For many, these conditions can lead to uncertainty and frustration, especially when planning for the future.

Home Ownership | A Smarter, Simpler Alternative

At Fairway Villages, we believe retirement living shouldn’t come with confusion or compromise. That’s why our model is built around true home ownership.

When you buy with Fairway Villages, the title is registered in your name, just like any other residential property. You own both the home and the land, giving you full legal and financial control.

Here’s what that means for you:

- Freedom to choose. You can sell whenever you wish! 
- Keep what’s yours. You retain 100% of the sale proceeds. There are no deferred management fees, no exit costs, and no hidden charges.
- Long-term security. Ownership ensures your investment remains in your hands, providing stability and confidence for the years ahead.
- Flexibility for the future. Because you own the property outright, you can leave it to family members or sell it at your own pace when the time is right.

It’s a model designed for people who want independence, transparency, and lasting peace of mind.

The Fairway Villages Difference

Our ownership-based model isn’t just about property; it’s about empowering people.

We’ve designed our villages to offer:

- A simpler, fairer structure with transparent pricing
- Beautifully designed homes built for low-maintenance living
- Prime locations in Perth are surrounded by nature and amenities
- A genuine sense of community and belonging

It’s no wonder more over-55s are making the move to Fairway Villages! 

Want to Learn More?

If you’re comparing over-55s living options or wondering which model is right for you, we’d love to help! 

Book a personal tour to discover why Fairway Villages is setting a new benchmark in over-55s living - where you can own your home, your land, and your future!