The first release of sustainable homes in the latest land lease community in Beveridge is attracting strong interest from local downsizers looking for green, low maintenance homes and lifestyle benefits, according to developer Ingenia Lifestyle.
The community is the first in Australia to achieve a Green Star Homes Designed assessment for all designs across the 262 home community from the Green Building Council of Australia. Green Star Homes are cheaper to run, more comfortable to live in and good for the planet, and can save residents over $2,000 a year on household bills compared to an original 30 year old gas powered home.
The masterplan features 262 architecturally designed homes and resort-style facilities spread over 10 hectares. Priced from $475,000**, the homes come with a host of sustainable features such as solar power, hot water heat pump, high performance insulation, all electric appliances, thermally efficient windows, and heat recovery ventilation.
Ingenia CEO John Carfi said: “We’re pioneering a new era of sustainable land lease communities that enhances resident quality of life while lowering running costs. With people living longer, retirement dollars need to stretch further. We’re proud to offer retirees homes that represent the future of affordable, sustainable retirement living right here in Beveridge.”
Retirees Jon and Cheryl Abbott said the home’s green features were a big attraction.
“We currently live in a 43 year old house so moving into a home that uses less energy and is more environmentally friendly is a big tick for us.
“Like everyone, we’re not immune to cost of living pressures, so bill savings will be a significant benefit stemming from our decision.”
The community clubhouse will feature a lounge area, bar and billiard tables, gold-class-style cinema, indoor heated pool, gym and yoga studio, library, hair salon, croquet and pickleball courts, barbecue area, community garden and workshop.
Construction of the homes has commenced, with the first residents expected to move in mid-2025.
Land lease communities are an increasingly popular option for senior Australians seeking affordable homes, premium facilities and social activities, with more than 130,000 retirees living in land lease communities around the country.***
The Ingenia land lease model means the buyer owns the house but leases the land it is on via a weekly site rental fee. There are no exit fees, deferred management fees (DMF) or stamp duty and buyers get to keep any capital gains.
For more information on Ingenia Lifestyle Springside in Beveridge go to ingenialifestyle.com.au/springside-beveridge or visit the sales office at Craigieburn Central Shopping Centre, opposite Australia Post.
*Compared to an original 30 year old gas home based on Kinesis ‘Green Star Home Sustainability Analysis Report,’ Oct 2024. Visit Ingenialifestyle.com.au/Beveridge for more information.
**Price is based on owning your home and leasing the land and is correct at the time of printing and subject to change without notice. 29.1.25
***Australian Land Lease Communities – An Overview, September 2024, Chadwick Property Valuers.
