Costs & fees
Costs & fees
Levande is committed to fairness with our retirement living fees and costs.
The three types of costs and fees
Learn about upfront costs, ongoing costs, and management fees.
Upfront costs
The initial price you pay for your retirement village home.
Ongoing costs
Charges relating to village operation, maintenance and management.
Management fees
A one-off cost payable when you enter or leave your retirement village home.
Upfront costs explained
Delivering peace of mind and certainty around your finances.
What they are
The main upfront cost is the price you pay for your home. There is a wide variety of Levande community home types available at a range of prices. Upfront costs can also include third-party payments like legal fees and removalist charges.
We encourage you to speak to a Levande Sales Professional to gain a clear understanding of the financial aspects of moving into your chosen village. We also recommend that you seek independent legal advice on the form of contract you will be required to enter into.
What they mean
Understanding upfront costs helps you plan your finances
Our Six-Month Guarantee* means we will refund all payments made to us if you change your mind.
Ongoing costs explained
Understanding your day-to-day retirement village expenses.
What they are
You will be charged an ongoing amount (usually monthly) towards the costs relating to the ongoing operation, maintenance and management of your village. You will also need to pay for the likes of electricity, gas, telephone and internet.
What they mean
Understanding ongoing costs helps you budget during your retirement.
By paying the operational, maintenance and management costs, you contribute to improvements in your village, which in turn will give you a better quality of life in retirement.
The Management Fee explained
Pay Upfront, Pay Later & Capital Share
What it is
The Management Fee is a one-off cost that is payable either when you enter or leave your retirement village home.
What it means
You may choose to offset the cost of retirement living by deferring the Management Fee until you leave. Alternatively, it may suit you to pay a discounted Management Fee upfront. It's your choice!
Costs and fees FAQs
We’ve put together a list of questions and answers about our costs and fees. Feel free to contact us through any of the methods listed below if you have any further questions.
Contact Us
Get more information or take the next step on your retirement journey.
More from Templestowe Village
A new definition of living