It’s the lifestyle you’ve been waiting a lifetime to enjoy.

That depends on both the Village and style of home you choose. You can view all our home prices by clicking the Villages tab at the top of this page. As a guide, the Village start prices are below. Please note there are additional costs as outlined in the next question ‘How do the fees work? (in plain English please!)’.

Albany – starting from $430,000

Carine – starting from $875,000

Centro – starting from $550,000

Lesmurdie – starting from $615,000

Mandurah – starting from $290,000

Melville – starting from $325,000

Murdoch – starting from $550,000

Northshore – starting from $299,000

Like most Retirement Village operators, St Ives has a Deferred Management Fee (DMF) model in place, which is a way for incoming residents to pay part of their costs after they move out – saving money up front so they have more to spend on enjoying their lifestyle during their stay. This is a model unique to the retirement living industry.

The model is made up of three costs.

1 – Ingoing Contribution 

On moving in to one of our Villages you will pay a price for your home, determined by its size, location in the village, market conditions, and a lot of other factors – just as you would for any real estate purchase.

2 – A monthly common services fee.

During your stay you’ll pay a monthly ‘common services’ fee, which helps cover the running costs of the Village and amenities, and keep everything maintained to a very high standard. Please note, this does not include your own general living expenses, such as telephone, internet, electricity and contents insurance. The monthly common services fee varies across Villages, depending on what amenities are on offer. When reviewing the monthly fee, consider the fact that you probably already pay an equal amount in rates, upkeep and lifestyle costs.

3 – The outgoing costs.

When you leave your Village you will be required to pay the below costs.

• The DMF, which is calculated as a percentage of the outgoing sales price. Remember how you paid less than comparable real estate in the area as part of the Ingoing Contribution? Well here is where that gap is paid – this is why it is called a ‘deferred’ fee. The longer you are in a Village the higher the DMF will be. All details of the DMF can be found in your contract and will be carefully explained before you move in.
• A refurbishment fee to bring your home back to near its original state. This helps raise the potential sales price of your home and makes it more attractive to potential buyers. The refurbishment may include new kitchens, benchtops and tiling – just as you would do when selling any home.
• Fees associated with selling your home. St Ives Realty will market your home for sale and help negotiate the best price possible. This will involve paying a commission and other fees, such as marketing costs, just as it does for any real estate sale.

Looking for more information? 

More information on this model, as well as examples of the costs can be found here.

A great short video explaining these costs can be viewed here.

A comparison of retirement living costs versus other options is available here.

And some food for thought around ongoing costs versus your current living costs can be read here.

*Property Council Retirement Census 2022

Retirement villages can only be accessed by people fully capable of living independently, whereas aged care is a completely separate industry that helps support elderly people with high care needs.

A big part of retirement living is downsizing, so most people aren’t able to bring everything they own with them. While all our homes have been built with ample storage and many feature a lock-up garage and additional storage, most of our residents take this opportunity to clear out the things they’ve been meaning to for years and just bring along the things they truly love. Many of our villages also come with caravan and boat parking so you don’t need to leave your lifestyle behind.

All our Villages are enclosed and many are gated, with swipe access to enter. All homes come with deadlocks and have 24 hour emergency call systems in place.

One of the other big benefits of living in a retirement village is the peace of mind that comes from knowing you’re surrounded by like-minded people who are all looking out for you. It means if you want to leave at any time, it’s simply a matter of locking and leaving and knowing you have a community keeping an eye on things for you.

Yes. All our homes and common areas have a 24 hour emergency call system linked to emergency services who are able to access all places within the Village.