Fees for retirement village registration

The Retirement Villages (Fees) Regulations 2006 came into effect on 11 August 2011.

  • The annual return fee will be reduced to $400-$1,300, depending on the size of the retirement village. The new fees will better reflect the actual costs of administering the returns.
  • The registration fee will become a standard one-off fee of $900 for all retirement villages, regardless of size.
  • The land transfer fee will increase from $54 to $181. This will keep the fee aligned with current fees under the Land Transfer Regulations 2002.

The fees include GST. This is the first time the fees have been reviewed since registration was introduced in 2007 to provide better oversight of retirement villages.

The following table summarises the effect of the fee changes

Fee Existing fee ($) Fee from 11 August 2011 ($)
Annual return fee
Retirement villages with at least two residential units and not more than 34 460 400
Retirement villages with at least 35 residential units and not more than 84 1,543 650
Retirement villages with at least 85 residential units 3,933 1,300
Registration fee
Retirement villages with at least two residential units and not more than 34 552 900
Retirement villages with at least 35 residential units and not more than 84 1,738 900
Retirement villages with at least 85 residential units 4,508 900
Land transfer fee 54 181

[icon] FAQ. Any questions?

If you have any questions about retirement villages please contact the Commission for Financial Capability.