St Kilda Retirement Village

A day in the life

What living here is actually like

Village life can be as fun and active or quiet and relaxing as you choose.

Activities & Community

Residents enjoy a vibrant calendar of events and access to excellent facilities, from the community centre and library to the residents' workshop and communal gardens where seasonal fruit and vegetables are grown.

✓ Movie nights, games, high teas, and happy hours

✓ Cards, board games, and quizzes

✓ Exercise classes and organised entertainment

✓ Gardening and vegetable plots

✓ Shopping trips and social outings

✓ Resident dinners and bingo

✓ Arts & crafts and piano

✓ Hairdresser available for appointments

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

Above average · #71 of 520

Better than 86% of NZ villages — yet the market median is just 46. The sector is tough.

Deferred fee

28%

charged on your entry price

Your share of capital gain

operator keeps 100% of any uplift

Time to get capital back

~199 days

median, from 8 recent resales

Fees after you leave

Stop

good — many villages keep charging

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 58 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%

28% deferred fee — lower is better.

Share of capital growth Capital gain to resident — weighted 15%

0% — the operator keeps any resale uplift.

Speed your capital returns Median resale time — weighted 30%

199 days across recent resales.

Fees stop when you leave Weekly fees on exit — weighted 15%

Charges end on vacancy.

100

Interest if repayment is slow Interest on delayed capital — weighted 10%

Interest is payable if capital is returned late.

100

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

28%

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.

⏱

How fast your capital comes back

~199 days median

Your capital is repaid once the unit is re-licensed to a new resident. (Operator-stated average: 248 days.)

Market: median 154 days; 21 villages still average over a year.

✓

Fees & interest on exit

Resident-friendly

Weekly fees stop when you vacate, and interest is payable if your capital is returned late.

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

Life here

Living options

Homes to Suit Your Lifestyle