Australia is famous for its abundance of natural wonders and its wide-open spaces. Sydney, the capital of New South Wales, is a highly urbanised city where you can expect a high quality of living, especially for people nearing their retirement age. The city has so many amazing places to retire, as well as many amenities for retirees. You can even opt for an afternoon at its beaches or the deserts.
There comes a time when people think of retirement. At that point, you’d have worked for years and probably haven’t had a nice and relaxing vacation in a while. You’ve saved up a pretty little nest egg, and you’re looking to spend it and relax for the rest of your life.
All in all, the city is not a bad place to retire to, and there are plenty of retirement villages in Sydney.
What is Retirement Village?
Retirement villages are housing developments that provide a range of lodgings, services, and shared facilities, aside from services normally provided in aged care facilities. These vary from communal swimming pools, golf courses, and social events.
According to the Retirement Villages Act of 1986, most residents should be 55 years or older and partially or fully retired. It is important to note that buying into a retirement village is more of a lifestyle decision than an investment.
There are many types of retirement villages, depending on the scope of assistance provided and other requirements. Some resemble apartments with aged care services, while others are closed communities where you can buy or rent a place. Normally, the second option comes with little to no assistance services, though you still enjoy the full benefits of being in a retirement community.
If you’re looking to live inside one, it is best to spend a lot of research and introspection to know what you want in your retirement village.
General Outlook in Australia
Retirement homes are quite popular among older Australians. In a 2014 review by the Property
Council of Australia, there are more than 2,300 existing retirement villages, and about 184,000 seniors living in them. However, the number of seniors is expected to double by the end of 2025.
Why Opt for One in the Sydney Area Particularly?
When most people think about Australia, Sydney often comes to mind. It is the capital city of New South Wales and constantly ranks as one of the world’s most livable cities. That’s saying something.
It is a metropolis with more than five million residents, making it the largest in Australia. There is a constant hive of activity. Culture, arts, entertainment, and history have their own vibrant and active scenes in the city. If you’re into that, you’d probably find an event each night that you’ll enjoy.
There are a lot of places and sights to see. Its glittering harbour is complemented by superb architecture like the Sydney Opera House and Sydney Harbor Bridge. There are dozens of beaches dotting the coastline, tamed parks in the middle of the city, and bushland to explore outside the city.
In big cities, visiting the places you want could be a hassle. But Sydney is a well-connected place with lots of transportation options. Buses, trains, and ferries are available to take you across the city and the countryside. They operate regularly and run late into the night, so you don’t have to worry about getting stuck somewhere.
So if you never want to get bored in your retirement life, it’s best to check out the retirement villages in Sydney.