Understanding the Loan/Lease Retirement Village Model

6 June 2019 •

The Loan/Lease model is utilised by probably 80% of Retirement Villages in Australia including Hume Retirement Resort (HRR) and there is a good reason for that. It provides for a mutual benefit whereby residents can enjoy a higher standard of living in retirement than they would normally be able to afford and owners can adequately … Continued

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Hume Retirement Resort Rtirement couple

THE COSTS ASSOCIATED WITH RETIREMENT LIVING

5 April 2019 •

There is no doubt that many people considering moving to a Retirement Village are absolutely bamboozled by the financial model that is usually employed. This can create uncertainty, suspicion, and procrastination. Worse still, it often means that people finish up committing to other forms of accommodation that ultimately prove unsatisfactory as they age. This might … Continued

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Hume Retiremet Resort Walking the dog

Deferred Management or Exit Fees

6 March 2019 •

Probably the most talked about, and most misunderstood issue when considering a move to a Retirement Village, is the Deferred Management Fee (DMF). Unfortunately, it is also quite often the reason that many older Australians finish up making the wrong decision in regard to accommodation for their latter years. There is no denying that a … Continued

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Retirement Villages are Approaching Capacity in Australia

20 November 2018 •

Where will our Seniors Live in the Future? Occupancy of retirement villages in Australia is close to capacity, highlighting the forthcoming shortage of age appropriate housing for senior Australians in their local communities, according to the latest annual data published by the Property Council of Australia. The results of the annual PwC/Property Council Retirement Census … Continued

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Round One of the Inter-Village Bowls Competition

31 October 2018 •

Monday 29 October was a perfect day weather wise for the opening round of the Inter Village Bowls Competition held at the Hume Retirement Resort. Despite the perfect weather and great company, we were sadly not successful on the links! Hume fielded two teams of four bowlers but were soundly defeated by both Gateway and … Continued

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New Display Home Open Day at Hume Retirement Resort

31 October 2018 •

Updated 2023: Due to high unit demand, we no longer have a display unit, however you can have a virtual tour here. Or talk to our sales Manager Kelvin by calling 02 60258409 Saturday 3 November, 10am to 1pm690 Logan Road, Albury NSW 2640 Families, friends and local community members are all welcome to visit Hume Retirement … Continued

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Hume Estate is expanding

18 October 2018 •

Top: The model train room is a project underway which aims to give residents and their families and guests opportunity to view and run the trains once it is up and running. Demand in the local retirement village is well and truly on the increase, according to new Hume Retirement Resort sales manager {{sales_name}}. Mr Gilder was … Continued

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