Aveo Contracts

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When choice, certainty & care matters

Soon, 5 million Australians will be over 65 and many will be living in retirement communities. We understand how important it is to have the flexibility to choose an option that is right for your retirement.

Since our beginnings in 1995, we have grown to where we are today with 93 retirement and aged care communities across Australia. We have listened to our 13,000 residents and are now introducing more choice.

Our new retirement contract options give you flexibility to enjoy the journey ahead with peace of mind for your future. Our unique new Certainty contract offers the ultimate peace of mind and flexibility to move between locations or to higher care.

Retire with choice and certainty, only at Aveo.

Hear from Frances and Christine about their journey from independent living to aged care with Aveo.

Hear from Frances and Christine

There’s nothing more important than certainty

We’ve added the new Aveo Certainty contract. It lets you enjoy the retirement lifestyle you want now, with the flexibility to move between locations and supported living options if your circumstances change.

Flexible choices

Ability to move locations

Changes in care needs

Your choice of 3 contracts

We appreciate that everyone’s different, with different needs and circumstances. That’s why we offer you a choice of 3 contracts. They all let you enjoy the retirement lifestyle you want today. The choice is yours.

Aveo Essentials

A straightforward way to secure the lifestyle you want now.

Aveo Way

Offering greater peace of mind with longer Money Back Guarantee and a shorter Guaranteed Sale.

Aveo Certainty

Take full advantage of all options we can offer you. The flexibility to move locations, or step up to a higher level of care if your circumstances change.4 5 6

Compare our contracts

Aveo Essentials3 Aveo Way Aveo Certainty
Deferred Management Fee 35% 35% 35%
Deferred Management Fee accrual period 5 years 3 years 3 years
Money Back Guarantee Within 3 months of entry Within 6 months of entry Within 6 months of entry
Guarantee Sale 12 months from departure2 6 months from departure 6 months from departure
Additional Membership Transfer options1 N/A N/A

Transfer to designated Residential Aged Care community4

Transfer to a Freedom Aged Care community unit with no extra DMF5,6

Transfer to any similar unit in Australian portfolio with no extra DMF5,6

Membership costs $0 $0 $2,000 p.a. paid upon exit
Access to Retail Benefits Yes Yes Yes

Click here to read the disclaimers

1 All three contracts include a number of retail and other benefits e.g. no refurbishment or sale costs on exit.

2 The Retirement Villages Act in your State or Territory may also require us to buy back your unit (in some cases in less than 12 months). In NSW, 6 months is the required period for operators to buy back units for all three of these contract types. You should check this before deciding which option is right for you.

3 Available on Independent Living Unit purchases only.

4 Available at Newstead, Durack, Minkara Resort and Mingarra and transfers from The Clayfield and Robertson Park to Newstead; Springfield and Robertson Park to Durack; Bayview Gardens and Peninsula Gardens to Minkara Resort. At these locations the net equity in the resident’s product will be treated as the Refundable Accommodation Deposit price. Subject to availability and eligibility for Residential Aged Care.

5 Only available for transfers to a unit/apartment with a list price equal to or less than the list price of the resident’s existing unit/apartment, or the lowest priced available co-located Freedom Aged Care apartment. All transfers are subject to availability and any one resident is limited to a maximum of two transfers. The full terms and conditions are included in the contract documents, which are available on request.

6 The maximum DMF percentage applicable will be 35%.

• All transfers subject to availability and eligibility criteria and any one resident is limited to a maximum of two transfers.

• The full terms and conditions are included in the contract documents, which are available on request.

• We recommend you seek legal and financial advice before entering into any transactions. We also suggest involving your friends and family in your decision.

Find a community near you

If you want to speak to one of our retirement experts, call us at 1800 316 940.

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