Village description
Nestled in a peaceful part of Geelong, Abervale has all the charm of a country community with the added comforts of city living.
Property description
Choose from 2 and 3 bedroom homes, featuring modern layouts and high quality finishes.
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Overview 1984 village established 246 village units
Village parking General parking available for residents General parking available for visitors Village features Activities/games area Arts and crafts area BBQ area outdoors Billiards Bowling green Communal gardens Community room or centre/club house Computer room Dining room Emergency call system Gym Hairdressing salon Library Lounge Pet friendly (subject to approval) Security system Swimming pool Village bus Workshop Communal vegetable garden Dance floor Function room Bar Business Centre Conference Room Croquet Lawn Indoor Bowls Outdoor Terrace Table Tennis Table University of the Third Age Optional services (user pays) Hairdressing Medical Podiatry Massage Deliveries from Chemists On-site Classes -
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Base (DMF)
Legal Tenure/contractual arrangement Settling-in period (if any) Ongoing fees period (if any) Loan/Lease (non-owner resident) 6 months 90 days Entry fees Entry price $240,000 - $270,000 Other costs/fees - Legal costs/fee
Ongoing fees (Current as at 1 July, 2018) Service/maintenance fee $350.50/month Total monthly charges Costs not included in ongoing fees $351.00 (approx.) - Contents insurance
- Council rates
- Water rates
- Water usage
- Other utilities (excl. water usage)
Departure fees Deferred payment Maintenance/replacement fund fee 5% of resale price (or greater of entry price and resale price) per year for a maximum of 6 years (30%) 5% of resale price (or greater of entry price and resale price) % of any capital loss Other costs/fees 100% - Reinstatement costs
- Sale costs/fee
- Legal costs/fee
Departure entitlement (Less above departure fees) Entitlement % of any capital gain Refund of entry price 100% Departure entitlement calculator (Based on entry price of $270,000) Capital gain Deferred payment Maintenance/
replacement fund feeEstimated total entitlement $29,250 $36,134 $7,226 $101,177 -
Legal
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Loan/Lease (non-owner resident)
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6 months
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90 days
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No
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-
Entry fees
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Ongoing fees
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$350.50/month
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Costs not included in ongoing fees
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Departure fees
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5% of resale price (or greater of entry price and resale price) for a maximum of 6 years
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5% of resale price (or greater of entry price and resale price)
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100%
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Departure entitlement (Less above departure fees)
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Refund of entry price
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100%
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Prepaid Plan
Legal Tenure/contractual arrangement Settling-in period (if any) Ongoing fees period (if any) Loan/Lease (non-owner resident) 6 months 90 days Entry fees Entry price $240,000 - $270,000 Upfront payment 19% of entry price Other costs/fees - Legal costs/fee
Ongoing fees (Current as at 1 July, 2018) Service/maintenance fee $350.50/month Total monthly charges Costs not included in ongoing fees $351.00 (approx.) - Contents insurance
- Council rates
- Water rates
- Water usage
- Other utilities (excl. water usage)
Departure fees % of any capital loss Other costs/fees 100% - Reinstatement costs
- Sale costs/fee
- Legal costs/fee
Departure entitlement (Less above departure fees) Entitlement % of any capital gain Refund of entry price 100% Departure entitlement calculator (Based on entry price of $270,000) Capital gain Deferred payment Estimated total entitlement $25,739 $0 $144,539 -
Legal
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Loan/Lease (non-owner resident)
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6 months
-
90 days
-
No
-
-
Entry fees
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19% of entry price
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-
Ongoing fees
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$350.50/month
-
-
Costs not included in ongoing fees
-
Departure fees
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100%
-
-
Departure entitlement (Less above departure fees)
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Refund of entry price
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100%
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Refundable Contribution
Legal Tenure/contractual arrangement Ongoing fees period (if any) Loan/Lease (non-owner resident) 0 days Guaranteed buyback period (if any) 60 days Entry fees Entry price $240,000 - $270,000 Premium (included in entry price) 30% of entry price Establishment Fee 3.5% of entry price Ongoing fees (Current as at 1 July, 2018) Service/maintenance fee $350.50/month Total monthly charges Costs not included in ongoing fees $351.00 (approx.) - Contents insurance
- Council rates
- Water rates
- Water usage
- Other utilities (excl. water usage)
Departure fees % of any capital loss 0% Departure entitlement (Less above departure fees) Entitlement % of any capital gain Refund of entry price 0% Departure entitlement calculator (Based on entry price of $351,000) Capital gain Deferred payment Estimated total entitlement $0 $0 $154,439 -
Legal
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Loan/Lease (non-owner resident)
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0 days
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60 days
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No
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Entry fees
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30% of entry price
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3.5% of entry price
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Ongoing fees
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$350.50/month
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-
Costs not included in ongoing fees
-
Departure fees
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0%
-
-
Departure entitlement (Less above departure fees)
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Refund of entry price
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0%
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Send enquiry to see legal and fee information.
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