Mobile homes or Relocatable homes in Residential parks have some key advantages to Retirement Villages. Compared to Retirement Villages, in Residential Parks there are no exit fees and no stamp duty payable on the purchase.
If the park is considered a Over 55’s home it may allow the owner to be eligible for rent assistance from Centrlink. Therefore making buying a home in a Residential Park an affordable retirement option.
Lifestyle benefits are a real drawcard for retirees. Most Residential parks where relocatable homes are located have many facilities that everyday people could not afford to have themselves. Facilities such as bowling green, tennis court, libraries, swimming pool, Foxtel and free internet access.