COSTS & CONTRACTS
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 Certainty
The flexibility to move locations, or step up to a higher level of care if your circumstances change.
Aveo Way
Offering greater peace of mind with longer Money Back Guarantee and a shorter Guaranteed Sale.
Aveo Essentials
A straight-forward way to secure the lifestyle you want now.
Aveo Certainty
Want to move down the road or interstate to another Aveo community? Not a problem. And if your needs change over time, you can simply step up to a higher level of care and support. Now that's certainty!
Living Option: Independent Living and Serviced Apartment
Deferred Management Fee (DMF): 25% for new residences, and 35% for established residences
DMF accrual period: 2 years for new residences, and 3 years for established residences
Money Back Guarantee: Within 6 months of entry
Guaranteed Sale: 6 months from departure
All Aveo contract options offer no sales commission and marketing costs, no refurbishment or reinstatement costs, no exposure to the real estate market (terms and conditions apply)
Membership cost: $2000 p.a. paid upon exit
Ability to transfer to other Aveo retirement communities, designated residential aged care or Freedom Care Community. Terms, conditions and eligibility criteria apply in respect of these transfers. Please contact Aveo for further details.
Aveo Way
Enjoy even greater peace of mind that comes with adjusted guarantee periods and a shorter buy back period. To balance this enhanced flexibility, your DMF is capped after 2 or 3 years (depending on the residence you choose).
Living Option: Independent Living and Serviced Apartment
Deferred Management Fee (DMF): 25% for new residences, and 35% for established residences
DMF accrual period: 2 years for new residences, and 3 years for established residences
Money Back Guarantee: Within 6 months of entry
Guaranteed Sale: 6 months from departure
All Aveo contract options offer no sales commission and marketing costs, no refurbishment or reinstatement costs, no exposure to the real estate market (terms and conditions apply)
Aveo Essentials
This is a straight-forward way to secure the lifestyle you want now. Your DMF is calculated over 5 years and if you change your mind, you have a 3 month money back guarantee.
Living Option: Independent Living
Deferred Management Fee (DMF): 35%
DMF accrual period: 5 years
Money Back Guarantee: Within 3 months of entry
Guaranteed Sale: 6 or 12 months from departure
All Aveo contract options offer no sales commission and marketing costs, no refurbishment or reinstatement costs, no exposure to the real estate market (terms and conditions apply)
|
Compare our Contracts |
|
Aveo Essentials3 |
|
Aveo Way |
|
Aveo Certainty |
|
Living Option |
|
Independent Living |
|
Independent Living and Serviced Apartment |
|
Independent Living and Serviced Apartment |
|
DMF - New Residences |
|
35% |
|
25% |
|
25% |
|
Accrual Period - New Residences |
|
5 years |
|
2 years |
|
2 years |
|
DMF - Established Residences |
|
35% |
|
35% |
|
35% |
|
DMF Accrual Period - Established Residences |
|
5 years |
|
3 years |
|
3 years |
|
Money Back Guarantee |
|
Within 3 months of entry |
|
Within 6 months of entry |
|
Within 6 months of entry |
|
Guaranteed Sale |
|
6 or 12 months from departure2 |
|
6 months from departure |
|
6 months from departure |
|
Additional Membership Transfer options1 |
|
Not applicable |
|
Not applicable |
|
Transfer to designated Residential Aged Care community4,5 |
|
Membership cost |
|
No cost |
|
No cost |
|
$2,000 p.a paid upon exit |
Important Information (Disclaimers & excluded communities)
1All 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.
3Available on Independent Living Unit purchases only.
4 Available for transfers to any Aveo owned and operated residential aged care facility. In addition, for residents located and transferring within Newstead, Durack, Minkara Resort and Mingarra and resident transfers from Carindale, Taringa, The Clayfield and Robertson Park to Newstead; from Springfield and Robertson Park to Durack; from Bayview Gardens and Peninsula Gardens to Minkara Resort, the net payment from the resident’s contract will be accepted as the total Refundable Accommodation Deposit. Subject to terms and conditions, availability and eligibility for Residential Aged Care.
5 All transfers are subject to eligibility and availability. The full terms and conditions are included in the contract documents, which are available on request.
Aveo Communities that offer the new contracts:
QLD communities
- Aveo Albany Creek
- Aveo Amity Gardens
- Aveo Aspley Court
- Aveo Bridgeman Downs
- Aveo Carindale
- Aveo Cleveland
- Aveo Cleveland Gardens
- Aveo Durack
- Aveo Lindsay Gardens
- Aveo Manly Gardens
- Aveo Newstead
- Aveo Newmarket
- Aveo Palmview
- Aveo Peregian Springs Country Club
- Aveo Robina
- Aveo Robertson Park
- Aveo Southport Gardens
- Aveo Springfield
- Aveo Sunnybank Green
- Aveo Taringa
- Aveo The Domain Country Club
- Aveo The Parks
- Aveo Tranquility Gardens
- The Clayfield
NSW communities
- Aveo Banora Point
- Aveo Bayview Gardens
- Aveo Bella Vista
- Aveo Camden Downs
- Fernbank (Serviced Apartments)
- Aveo Island Point
- Aveo Lindfield Gardens
- Aveo Maple Grove
- Aveo Minkara Resort
- Aveo Mountain View
- Aveo Newcastle
- Aveo Peninsula Gardens
VIC communities
- Aveo Botanic Gardens
- Aveo Cherry Tree Grove
- Aveo Domainé
- Aveo Edrington Park
- Aveo Fountain Court
- Aveo Hampton Heath
- Aveo Hunters Green
- Aveo Kingston Green
- Aveo Mingarra
- Aveo Oak Tree Hill
- Aveo Roseville
- Aveo Springthorpe
- Aveo Sunbury
- Aveo Veronica Gardens
SA communities
- Aveo Ackland Park
- Aveo Carisfield
- Aveo Crestview
- Aveo Fulham
- Aveo Glynde Lodge
- Aveo Gulf Point
- Aveo Kings Park
- Aveo Leabrook
- Aveo Leisure Court
- Aveo Manor Gardens
- Aveo Melrose Park
- Aveo Riverview
- Aveo The Braes
- Aveo The Haven
- Aveo Westport
TAS communities
- Aveo Derwent Waters
Subscribe to our newsletter
The latest Aveo news, articles and resources sent to your inbox every month.
At Aveo, we respect your privacy and will not share your personal information. You can find out more by downloading our Privacy Policy.