Retirement village
In New South Wales, Australia, a retirement village is a form of housing for older residents governed by specific tenancy and contract rules, with rights and obligations set for operators.
Official source: Choosing and moving into a retirement village | NSW Government →
Prospective residents are guided to compare providers using the average resident comparison figure (ARCF), a standard measure of the cost of living in different villages, and can check a public retirement villages register for information on a specific operator or use a government calculator to estimate total costs before signing a contract.
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