What are exit fees?

(aka DMF fees)

Exit fees—sometimes called deferred management fees—are charges that some retirement communities apply when you leave or sell your home. They’re often based on a percentage of the home’s sale price. Over time, they can significantly reduce the money you walk away with.

At Avington, we don’t believe that’s fair. You’ve worked hard for what you have. We’re here to support your next chapter, not profit from your exit.

Let’s break it down

Some retirement living operators charge an exit fee as much as 4% of the sale price for each year you live there, capped at five years. This means up to 20% of your home’s value could be taken when you leave. Here’s an example…

If you buy a retirement home for $550,000 and stay for five years, then sell it for $600,000:

  • An exit fee could cost you $120,000.

  • At Avington, you’d keep the full $600,000.

That’s a $120,000 difference — money that stays with you or your family, not the operator.

It’s a choice between rewarding yourself or handing over a fifth of your home’s value.

No exit fees at Avington

Downsizing shouldn’t mean giving anything up.

At Avington, we believe your retirement years should be rewarding — not complicated by hidden costs. That’s why we’ve taken a clear stand: No exit fees. Ever.

Unlike some other retirement communities that take a cut when you leave, Avington lets you keep 100% of any capital gains. It’s your investment — and it should stay that way.

When you’re looking to downsize, every dollar counts — especially over the long term. That’s why understanding exit fees is so important.

Hear from our homeowners

Our vibrant community is made up of wonderful, like-minded residents from all walks of life. 

Hear what some of our residents have to say about their downsizing journey and what life is like at Avington Living, Point Cook.

Gary and Trish - New Homeowners 

Sally - Resident of over 5 years

Embrace the Avington lifestyle

No entry & exit fees, no council rates, no hidden costs

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Low-maintenance living

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No deferred management fees, no water rates, no strata fees

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Access to resort-style facilities

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Gated community

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Like-minded neighbours

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Pet-friendly community

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Regular resident activities

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Modern open-plan dining and living area with a black dining table, gray chairs, hardwood flooring, white walls, colorful wall art, and large windows.
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Take a virtual tour of our homes

Whether you're looking to downsize your home or upsize your lifestyle, Avington Living offers a selection of low-maintenance homes for sale in Point Cook.

Why choose Avington?

At Avington, there are no exit fees, no surprises, and no unnecessary stress. It’s a simpler, more secure way to downsize — and one that respects what you’ve worked so hard to build.

No exit fees, no worries

Rest easy knowing there are no unexpected costs when it’s time to move on.

Full value, fully yours

Retain 100% of your capital gains — a smart choice for you or your family.

Clarity from day one

Our simple, transparent financial model puts you in control.