The popularity of the land lease product is evident in GemLife's new Rainbow Beach over 50s community in Lake Cathie, 12km south of Port Macquarie, in the Mid-North Coast of NSW.
A two-storey home on a large corner site (728msq) with the home itself a very roomy 412msq sold for $1.7 million, which according to realestate.com.au is significantly above the median price of $867,500 from January 2024 to December 2024. Browsing the site only two residential houses are available in Lake Cathie for above that figure.
Craig Dixon, Sales Manager at GemLife Rainbow Beach, has sold 178 homes including conditional/unconditional contracts for nearly $923 million. It has eight north-facing Emerald Collection homes for sale from $1.3 million.
The premium facilities will include a $10.5 million country club with rooftop lounge and terrace, gymnasium, sauna, indoor pool and spa, a bar, a cinema, art and craft studio, wine room, ten-pin bowling alley, games lounge, virtual golf, undercover lawn bowls green and a library. There are two summer houses with outdoor pools, tennis and pickleball courts, and an off-leash dog park.
GemLife Director and CEO, Adrian Puljich, said discerning and active over-50s were looking for fun, relaxation and luxe facilities at their doorstep for that ‘always on holiday’ experience.
“Australia’s over 50s are healthier and more active than ever before - they see life as opening up before them, not slowing down,” he said.
“Developers are raising the bar with resort-style facilities to meet the desires of discerning home buyers who want affordable homes that also offer exceptional amenity, community connection and an active lifestyle, with everything at their doorstep," she said.
“The industry is responding to consumer demand, and everyone is benefiting.”
Lyndel Gray
Wellness centres equipped with state-of-the-art fitness facilities, meditation rooms, spas and al fresco poolside dining spaces are transforming the once humble clubhouse as developers meet the needs of discerning buyers, added Lyndel.
Check out the retirement villages, lifestyle resorts and any availability on the #1 website villages.com.au.
Lyndel Gray, NSW Land Lease Living Industry Association CEO, said the desires of discerning home buyers means the amenities on offer can be exceptional. She cited GemLife Rainbow Beach as an example. 
