You can still buy a new home in Australia for $260,000 at the Lake Tinaroo Lifestyle Village in the Atherton Tablelands, regarded as one of the best climates in the world. And the operator offers subsidised rent in the holiday park next door as your home is being built.

“We’ve been fielding an increasing number of calls from potential local and interstate buyers wanting to move to the area, but with no time to wait on a new build and not ready to tackle the rental market while they await its completion,” Director Lachlan Farquharson told The Cairns Post.

He said the new homes start from $260,000 and the weekly land lease rate is $145 a week. The residents need only pay for the water and electricity they use.

Check out the retirement homes and retirement villages in Queensland on villages.com.au