Generally, retirement villages have a regular service charge, to be paid monthly or fortnightly depending on your village operator. This can be known by other names, such as a service fee, weekly/monthly fees or general services charge. Whatever your village calls it, this fee covers the running costs of the entire village, and include things like:
Operators usually do not make a profit off the service charges you pay. You will only be charged what it actually costs to run the village
A number of discounts or rebates are available to seniors to reduce your cost of living. This includes property and water rates, electricity and gas bills, public transport and motor vehicle registration.
The type and availability of discounts will vary from state to state and sometimes from village to village, but make sure you investigate them. It would be wise to make the most of the benefits of being of ‘a certain age’.