Edward River Council’s plan to care for over-65s in NSW’s Riverina region is still causing consternation among councillors.
Edward River Village’s homes are now being built and 21 enquiries, with three very keen and two interested, have been made after direct mail outs, print and social media advertising, billboards and a new video.
Pricing for homes in the village start at $475,000, plus a weekly fee of $130 with a 65% refund when tenants vacate their home.
Deputy Mayor Paul Fellows said the pricing model/structure has proven successful all over Australia, particularly so locally in Berrigan and Finely, where there are waiting lists.
Finley’s retirement village has three dwellings currently available, starting from $230,000 – less than half the cost of the Edward River Village.
Moama currently has at least four villas available starting at $145,000. Wagga has at least six, starting at $225,000.