Parkwood Retirement Village
photos: operator / Village Guide
Retirement living · Waikanae, Kapiti Coast

Parkwood Retirement Village

Parkwood Trust Incorporated · Waikanae, Kapiti Coast · low-density villas + apartments with integrated care
Life Score
41
Basic
Capital Back
11
the money ↓
See what life here is like — then weigh what it means for your family further down.
The village

Life here

Parkwood is a peaceful, low-density community of 209 villas nestled in Waikanae on the Kapiti Coast, where peace, privacy, and security are woven into every design choice. Run by Parkwood Trust—a charitable organisation that exists not for profit but for quality lifestyle—the village feels like a tranquil residential suburb rather than an institution. What sets Parkwood apart is its unique Village Care service, included at no extra cost, which provides regular check-ins, social coordination, and medical support so residents can focus on their favourite hobbies and adventures. Located on a quiet street yet close to shops and amenities, Parkwood offers the best of both worlds: seclusion and convenience.

Your home

Living options

Homes to Suit Your Lifestyle

Parkwood offers a range of housing options across the village, from independent villas to supported apartments and rest home care.

209 residential villas—varied in size and design, all safe, secure, and low maintenance
8 independent living apartments with pleasant views and outdoor areas
54 rest home apartments with lounge, ensuite, separate bedroom, and tea-making facilities
25 hospital studios for continuing care with single rooms and ensuite bathrooms
Living options
A day in the life

What living here is actually like

Life at Parkwood is built on connection, discovery, and support.

Community & Activities

The Village Care team facilitates regular social events and coordinates Parkwood Seekers—a celebrated social group that has organised over 2,100 outings in 24+ years. Residents enjoy plays, concerts, musicals, exhibitions, shopping trips, and international holidays to destinations including Australia, Norway, Vietnam, and beyond.

Parkwood Seekers social group with regular outings and travel
24-hour duty phone and on-call Village Care team
Regular social events and community activities
Blood pressure clinic and diabetic monitoring
Wound management and medication support
Always something on
On your doorstep

Facilities & services

Landscaped gardens and native bush grounds
Community facilities (shared spaces)
24-hour on-call Village Care service
Medical alarm coordination
Blood pressure clinic
Diabetic monitoring
Wound management
Medication blister packs
Village maintenance and grounds care
Peace of mind

Care for life, on site

If your health changes, you won't have to leave the place you know. Parkwood Retirement Village offers these levels of care on site:

IndependentServicedRest homeHospital
✓ Village Care team support · Blood pressure monitoring · Diabetic monitoring · Wound management · Medication management
Care and community
Where it is

Setting & neighbourhood

Parkwood is situated in Waikanae on the Kapiti Coast, an area renowned for its natural beauty and mild climate. The village occupies a low-density residential area less than two kilometres from Waikanae's shopping centre, offering convenient access to local facilities and attractions. Waikanae itself is well-equipped for retirees, with a large retired community and excellent amenities. The village is set among landscaped gardens, trees, and native bush, creating a picturesque, peaceful neighbourhood that feels like a residential suburb rather than a care facility.

Interested?

Like the look of Parkwood?

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Now the practical part

The money — what comes back to your family

You've seen why you'd love it. This is the part most families only discover at the exit statement — so we put it in plain sight. Every figure is from the village's own filed Disclosure Statement.

Capital Back score
11
Capital-unfriendly · #519 of 520
Better than 0% of NZ villages — yet the market median is just 46. The sector is tough.
Deferred fee
30%
charged on your entry price
Your share of capital gain
0%
operator keeps 100% of any uplift
Time to get capital back
not enough resales disclosed
Fees after you leave
Continue
charged until the unit resells
Before you sign, get independent eyes on the contract.An ORA-review lawyer or independent financial adviser — never paid by any operator — checks what it really means for your family.
⚖ Get independent advice →
How the 11 is built

Nothing hidden — every component

The Capital Back score is a transparent weighting of five filed terms — you can see exactly where this village wins and loses.

Move-in fee you don't get back Deferred Management Fee — weighted 30%
30% deferred fee — lower is better.
25
Share of capital growth Capital gain to resident — weighted 15%
0% — the operator keeps any resale uplift.
0
Fees stop when you leave Weekly fees on exit — weighted 15%
Fees continue until the unit resells.
0
Interest if repayment is slow Interest on delayed capital — weighted 10%
No interest on delayed repayment.
0
The filed terms, in plain English

What the Disclosure Statement actually says

Every operator uses different words for the same thing — we normalise them so you can compare like with like.

%

Deferred Management Fee

30%

Accrues over your first 3 years, charged on the entry price.

Market: median 30%; only 16% of villages charge under 25%.

Capital gain

0% to the resident

Any increase in the licence value at resale is kept entirely by the operator.

Market: just 8% of NZ villages share any capital gain.
!

Fees & interest on exit

Watch this

Weekly fees continue until the unit resells.

Market: 220 of 520 villages keep charging weekly fees after you've gone.
Before you sign the ORA

The reckoning usually arrives too late

  • You're buying a licence to occupy, not the home — you can't sell, rent or borrow against it.
  • A large deferred fee is gone within a few years, whatever the unit later sells for.
  • Your family carries the risk of how long resale takes — and the operator's ability to pay.
  • None of this is hidden — it's all in the Disclosure Statement most people sign without reading.
Have someone independent read it first

We'll connect you with a retirement-village review lawyer or independent financial adviser — no operator pays to be here.

Request an ORA review → Talk to a financial adviser