Living in Retirement – Community or Village?
At Hume Retirement Resort we are confident that we can not only provide a fantastic lifestyle but we can guarantee it will be a whole lot cheaper than living in the general residential community. As you can see in the table below, the recurrent charge in our village covers a lot of the things you […]
Understanding the Loan/Lease Retirement Village Model
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 […]
THE COSTS ASSOCIATED WITH RETIREMENT LIVING
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 […]
Deferred Management or Exit Fees
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 […]
Calling all Sydney based retirees: should you go village, resort or downsize?
Sydney based retirees are demanding a lot more from their retirement living options – and Albury based Hume Retirement Resort (HRR) are working overtime to ensure all their wishes are being met… “We believe we offer Albury’s best lifestyle for the over 55s, either retired or still working and we know you’ll agree once you’ve […]
Retirement Villages are Approaching Capacity in Australia
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 […]
Round One of the Inter-Village Bowls Competition
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 […]
New Display Home Open Day at Hume Retirement Resort
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 […]
Hume Estate is expanding
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 Kelvin Gilder. Mr Gilder […]
Some simple tips for a happy and financially secure retirement
Keeping fit and healthy and making the right mental adjustments will ensure a smooth transition into a happy and secure retirement. Make the most out of your new-found free time and enjoy the journey as well as the destination. Ensure a smoother transition by retiring in stages By easing off your workload over several […]