The 84 year old owner of Lavender Village, a home park in Highton (Geelong) is closing the 18 lot village on 1 hectare of land rather than go into debt to pay for safety measures. Residents have been told to move their homes by December 2013 or lose them, including residents who have bought in the past 5 months. With life savings used to pay around $105,000, the homes are quoted to be worth now around $65,000. Rent is $100 per week.
ATO plans to charge GST on manufactured home parks scrapped
A concerted effort by the Residents Association of manufactured home parks has headed off the ATO which had planned to impose GST in mobile homes. This would have added 10% to the cost of the purchase of a home