Centennial Living - Properties for Sale - Downsizing

Centennial Retirement Villages: Communities, Care and Locations Across Victoria

Centennial has offered retirement village living since 2019, with 11 communities across Victoria and a home that is secure for life. Find a Centennial community near you below, or read on for costs, care details and what sets Centennial apart. If you are considering a move out of a larger family home, the sections below explain how the villages work, what support is on offer and which questions are worth asking before you decide.

Quick facts

About Centennial

Centennial's villages are spread across the Melbourne metropolitan area, so you can stay in the part of the city you know. Homes include villas, units and apartments for independent living, so you can compare the different layouts and choose the size that suits you. Some communities also have serviced apartments. For many people downsizing, staying close to familiar shops, friends and family is as important as the home itself, so the location of each village is worth weighing carefully.

Residents lease their home. Centennial looks after building insurance, front gardens and the upkeep of shared areas, which leaves your time free for the things you enjoy. Amenities and activities vary by community, so it is worth looking at what each one offers. Because the arrangement is a lease rather than outright ownership, it is sensible to read the contract closely and ask the community team to explain anything that is unclear before you sign.

Centennial's dispute resolution policy names a Code of Conduct Administrator for its villages that are signatory to the Retirement Living Code of Conduct, the retirement living industry's voluntary code setting standards for how operators treat residents. If the Code matters to you, ask whether the specific village you are considering is a signatory. Prime Value Asset Management acquired four villages from Stockland in December 2020 and finalised the purchase of four RCA villages in 2024, and Centennial operates them.

Costs & fees

For a current price, call Centennial directly on 1300 098 000 or enquire through the listing for the community you're interested in. Speaking to the team is the most reliable way to confirm what a particular home costs today. When you call, ask what the price covers and what you would pay on top, so that you can set one community against another on the same footing, and keep a written note of what you are told.

Care & lifestyle services

Centennial villages are built around independent living, so you can stay in your own home for longer. When your needs change, Centennial's care partners deliver help such as home help, meal preparation, personal care and in-home nursing. Centennial also helps you connect with government-funded support or a private provider, and most villages have a visiting wellbeing service. If you expect to need help in future, it is worth asking how this works in practice at the village you like.

Some communities also offer serviced apartments, with meals, cleaning, laundry and emergency response included. Centennial offers retirement village living rather than residential aged care, so it is worth asking at each community what it offers. If a serviced apartment might suit you later, raise it early and ask how places are allocated. A visit and a conversation with the team is the best way to find out which services are available where you would live.

Shared facilities can include a bowling green, community centre, indoor heated pool and gymnasium. The mix varies by community, and some also have cafes, salons and village buses. Since the facilities differ from one village to the next, check the community you are considering against the things you would actually use each week.

What makes Centennial different

Centennial gives you a choice of 11 communities across the Melbourne area, all run by one operator. If your unit or apartment is unsold after 12 months, Centennial will buy it back from you, which gives you a firm backstop when you sell. For anyone relying on the sale of a family home to fund a move, that kind of backstop is worth understanding in detail, so ask the team how it works. No transfer fee is payable when you buy a unit or apartment, so more of your money goes into your new home.

Centennial describes its resident satisfaction as very high, citing top Google ratings across its villages. That is the operator's own description, so treat it as a starting point and speak to residents when you visit. Comparing what current residents say with what the operator says gives you a fuller picture of day-to-day life.

Last updated: October 2026.