A smarter way to own your home
The Elleston land lease model. Simple, transparent, and designed to give you greater financial freedom.
At Elleston, you purchase your home outright - meaning you own it, you maintain it, and you benefit from any growth in its value.
You simply lease the land it sits on, for a straightforward weekly site fee.
Benefits of the Elleston Land Lease Community
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No entry fees, no exit fees, no deferred management fees — ever
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No stamp duty on your purchase
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No council rates
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No body corporate or strata fees
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You keep 100% of the capital gain when you sell
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If you qualify for Commonwealth Government Rent Assistance you may be able to claim a rebate for the weekly site fee
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You own your home — it’s an asset you can sell, gift or leave to family
A simpler way to own
How does ownership at Elleston work? At Elleston, you own your home outright—it’s an asset in your name. You simply lease the land it sits on through a straightforward weekly site fee. It’s a simpler, more transparent way to own property.
Are there any entry or exit fees? No. There are no entry fees, no exit fees and no deferred management fees—ever.
Do I keep the capital gain if I sell? Yes. You retain 100% of the capital gain when you sell your home.
What costs don’t I have to pay? You won’t pay stamp duty, council rates, or body corporate/strata fees.
What does the weekly site fee cover? Maintenance of communal areas, access to amenities, and community management.
Can I access government rental assistance? You may be eligible for Commonwealth Government Rent Assistance, depending on your circumstances.
Life, your way
What is life at Elleston really like? Elleston is designed for people who want to right-size their home without downsizing their lifestyle. It’s independence with connection.
What amenities are available? Clubhouse, pool & spa, gym, cinema, golf simulator, dining spaces, gardens and more.
Is Elleston a large community? No—Elleston is boutique, with just 105 homes.
Homes that fit the way you live
What types of homes are available? Thoughtfully designed two and three-bedroom homes with modern layouts.
Can I personalise my home? Yes, with a curated selection of finishes and colours.
Who maintains the home? You maintain your home, while Elleston manages shared spaces.
Flexibility & peace of mind
Do I have to live in the home? Yes, it must be your principal place of residence.
Can I rent out my home? No, homes are for owner-occupiers.
Can I leave my home to family? Yes, it forms part of your estate.
Can I sell whenever I choose? Yes, at any time.
The day-to-day details
Are pets allowed? Yes, Elleston is pet-friendly with guidelines.
Where is Elleston located? Golden Square, just minutes from Bendigo CBD.
Is Elleston suitable for an active lifestyle? Yes, with amenities and proximity to Bendigo’s cultural and social scene.
Why people choose Elleston
What makes Elleston different? A boutique community, central location, no hidden fees, and strong independence.
How is Elleston different from a retirement village? You own your home, with no exit fees and full financial control.
Who is Elleston best suited to? Over 55s looking to downsize, free up equity, and live with less maintenance.