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In just over five years, the sale of Established Homes has given Halcyon home owners over five million reasons to be happy!

Home owners who have moved on from Halcyon Parks or Halcyon Waters since 2006 have amassed a total of $5.83 million in capital gains for themselves… tax free and exit fee free!

This represents a wonderful endorsement for a key element of the Halcyon model… affordability and no exit fees. Not only is the Halcyon purchase price often significantly lower than the price of the existing home (which enables new home owners to free up cash when they purchase), but they also receive another windfall if they move on again… this $5.83 million represents an average gross capital gain of over 20% during a time which has mostly been post GFC.

In a typical retirement village, exit fees or deferred management fees would have taken a large percentage of this money from the selling home owners. In total contrast, collectively Halcyon home owners have, once they have sold their home, departed with over $1 million dollars per annum in their pockets.

Affordability is something that Halcyon communities have become synonymous with, having picked up a coveted Urban Development Institute of Australia National Award for Affordability.

Halcyon is confident this trend of strong capital gains will continue well into the future. “Great locations, award winning designs, and an unbeatable bottom line, these are the factors that will underpin further capital gains going forward,” said Dr Bevan Geissmann, Joint Managing Director of Halcyon.

With the six million dollar mark looming large, we look forward to breaking out the champagne and celebrating Halcyon’s six million dollar man or woman in the very near future! We’ll keep you updated on the outcome!