31 October 2025
Leading over-50s lifestyle community provider Lincoln Place has acquired a 16.3-hectare site in Wangaratta and will deliver the region’s first master-planned land lease community to cater to the population’s growing number of downsizers.
The site at 126 Lindner Road has planning approval in place for a $120 million masterplanned lifestyle estate that will deliver 227 homes, a central clubhouse, and extensive lifestyle and recreation amenities.
Lincoln Place Chief Executive Officer Paul Yeo said the project would deliver new housing supply and a significant number of local jobs over the course of the next five years, with construction expected to commence early next year.
The 16.3-hectare Wangaratta site is just a 2.5-hour drive from Melbourne, offering easy access to nearby health services, retail precincts and dining options.
“We know there is demand for quality downsizing options in Wangaratta, with over 55’s accounting for 40% of the local population, significantly higher than regional Victoria’s average of 30.7%,” Mr Yeo said.
“Providing quality new homes for downsizers within their own community enables people to free up space and capital to pursue their travel and lifestyle aspirations.
“Our vision for our Wangaratta lifestyle estate is to deliver thoughtfully designed homes and a multi-million-dollar investment in recreation amenities that create spaces for residents to live life well.
“The secure, gated community will include a state-of-the-art clubhouse, wellness centre and recreation spaces that promote an active, social lifestyle, including a heated pool, private theatrette, lawn bowls green and pickleball courts.
“The landscaped grounds will also feature an array of BBQ areas, pocket parks, a community garden and green spaces.”
Mr Yeo said the new lifestyle estate is a c and located close to high-quality health services, retail and dining options, along with endless opportunities to explore regional Victoria.
“Wangaratta’s new over-50s lifestyle estate will be designed as an extension of the existing neighbourhood with a selection of architecturally designed two and three-bedroom floor plans and facades across a range of single-storey homes,” he said.
“We look forward to welcoming our first residents by the end of next year.”
Mr Yeo said the new community would create opportunities for people over 50 to downsize through the land lease model, a popular housing option in Australia and internationally that allows you to purchase a home while leasing the land.
“When you buy into a land lease community, you own your home outright, but there’s no Stamp Duty, body corporate fees or Deferred Management Fees, and no council rates,” he said. “The only ongoing cost is a weekly site rental fee for the land that also covers the maintenance of the community and the extensive lifestyle amenities.”
Information sessions will be held locally in the coming weeks. Learn more and enquire here.
