Part 1 of our new editorial series: "Finding the Right Retirement Property for You"
As Australians over 55 embrace more diverse retirement lifestyles, one size definitely doesn’t fit all. That’s why our new editorial series is all about matching the right type of property to your needs, lifestyle and goals. And for the Independent Urbanite — think active, downsizing, and lifestyle-focused — Strata Title Over-55s Apartments are a perfect fit. Is it better to buy strata-title or leasehold in a retirement village
What is a Strata Title Over-55s Apartment?
These are individually owned apartments in developments designed exclusively for over-55s. You hold full title over your apartment (just like in any standard residential complex), but you also gain access to lifestyle-enhancing shared facilities. Think rooftop lounges, gyms, wellness centres and concierge services — all tailored for a mature demographic.
Developers like Platino Properties are leading the way with luxury over-55s projects in prime urban locations like Frenchs Forest and Greenwich. platino.com.au
Persona Match: Helen, The Independent Urbanite
Helen, 67, still works part-time at an art gallery and wants to live somewhere that reflects her lifestyle — social, central, and stylish. She doesn’t want to worry about home maintenance, but she also doesn’t want a traditional retirement village.
A strata title apartment gives Helen full control and ownership, low maintenance living, and access to elegant communal spaces where she can entertain, connect, and unwind.
Helen’s reasons for choosing this option:
- She can walk to shops, cafes and transport.
- There are no exit or deferred fees.
- She loves the idea of lock-up-and-leave convenience.
Key Benefits
- Full Ownership: You own the apartment and can sell, rent, or will it as you choose.
- Low Maintenance: Strata takes care of building upkeep, gardens, and common areas.
- Premium Facilities: Enjoy modern, resort-style amenities without ongoing high fees.
- Secure Environment: Designed with security, accessibility and community in mind.
Is it Right for You?
This model is ideal if you:
- Want to retain capital growth and autonomy.
- Prefer an urban lifestyle close to cafes, parks and culture.
- Are not seeking care services but want community connection.
It may not be the best fit if:
- You expect to need aged care or health support services on-site.
- You're seeking a lower-cost or rental-based solution.
Explore Strata Living Options
Here are a few stand-out developments designed with over-55s in mind:
You can also explore more options at Downsizing.com.au - Over 55s
Stay Informed with Downsizing.com.au
We’re here to help you make confident financial decisions, whether you’re managing your own super, planning a move, or supporting your family's future.
Disclaimer: This article is intended to provide general guidance only and does not take your personal financial or health circumstances into account. Always consult a licensed adviser when making property or lifestyle decisions.
