SEPP 5 finance

October 12th, 2010 36 Comments
Posted by

What is Sepp 5 zoning?

A Sepp 5 development is a specialized block of units, townhouse estate or village where the occupants are restricted to be either over the ages of 55, pensioners, disabled or elderly couples. These developments have approval from the local council to build more units on a block of land then what is usually allowed, this means the cost of each unit to build and sell is cheaper than the same type of units in the same area. This way it can be marketed better to the baby boomer generation.

These developments have been specifically designed to assist the day to day living for elderly people who require certain features for example:

  • Access ramps in ever building
  • In area medical centre
  • Specialized bathrooms
  • Larger doorways
  • Public transport which comes straight to the development
  • Meal deliveries
  • Community activities
  • Community with people of similar ages
  • Low maintenance security upkeep

A Sepp 5 development is different to a retirement home, it is an independent living accommodation where the occupants has ownership of each separate title and there is no in-house nurse, there is no set time for dinner and activities. It is an over 55s friendly environment where the occupant is free to do what they please and is self reliant.

Why Invest in a Sepp 5 Security?

The reasons for purchasing a Sepp 5 accommodation to live in have been outlined above; the reasons for investing in one are below:

  • Excellent rental yield
  • Good price – for the price of the same unit dimensions unit in the same area Sepp 5 is generally cheaper
  • Usually located in growing areas within 10 mins from major cities
  • Usually cash flow neutral or positive

How can I apply for a Sepp 5 home loan?

Sepp 5 or over 55 securities are only taken on as standard securities by less than a hand full of financial institutions, depending the where the security is and the loan amount. Most banks are uncomfortable in lending against these securities as they believe that is harder to resell as it is a restricted market.

It is best to contact a specialist Mortgage Broker who deals in these kind of scenarios on a daily basis. You will have to show that you can afford to make repayments and have ongoing cash flow. Unfortunately if you are retired and on the pension then this will restrict the size of the loan that can be approved. However investors buying these properties to rent out can get approval for a mortgage.

About the Author

Otto is a Mortgage Broker that has specialised in the credit guidelines of the major banks for over 7 years. His company the Home Loan Experts is now one of the top home loan broking firms in Australia. You can refer to their main website for more information about financing over 55s or Sepp 5 properties.

36 Comments

  1. Makes a lot of sense. says:

    Way to go! I’ve seen a crazy kind of parking map. Check it out

  2. Jodie says:

    The Internet is full of companies that promise to provide legitimate home
    based jobs for mothers, but too many can’t deliver the goods.
    They are really describing affiliate marketing, a kind of home business.
    The flip side of this coin is that you will train your family to expect your work flow and they will, in time,
    learn to work with your schedule.

  3. Trina says:

    Wonderful beat ! I would like to apprentice while you amend your web site, how can i
    subscribe for a blog web site? The account aided
    me a acceptable deal. I had been a little bit acquainted of this your broadcast provided bright clear idea

  4. Mailbanger says:

    After looking at a handful of the blogg articles on your web site, I serdiously
    appreciaqte your technique off writing a blog.

    I book marked it tto my bookmark webpage list and will
    be checking back iin the near future. Please check ouut my website as well
    and tell me what you think.

  5. Very interesting info !Perfect just what I was looking for! “I myself do nothing. The Holy Spirit accomplishes all through me.” by William Blake.

  6. Some really interesting details you have written.Helped me a lot, just what I was looking for : D.

  7. Xicbfa says:

    allergy pills for adults best non prescription allergy medication allegra side effects

  8. Typtah says:

    types of allergy pills prescription allergy medication without antihistamines best allergy pill for itching

  9. Rsgqyh says:

    best prescription drug for gerd baycip order

  10. Oovowt says:

    buy isotretinoin without a prescription order isotretinoin online accutane 40mg pill

  11. Ludsrk says:

    how to get omnacortil without a prescription order omnacortil cheap omnacortil pill

  12. Oxxgdt says:

    rybelsus 14mg without prescription order semaglutide order rybelsus 14mg pill

  13. Chphvw says:

    rybelsus 14 mg usa purchase rybelsus pills where to buy rybelsus without a prescription

  14. Hdbtac says:

    cheap rybelsus 14mg buy semaglutide online cheap buy rybelsus no prescription

  15. Ltsvku says:

    order albuterol 4mg generic generic albuterol inhalator albuterol inhalator brand

  16. Flqafk says:

    amoxicillin ca brand amoxicillin 500mg cheap amoxicillin 1000mg

  17. This blog was… how do you say it? Relevant!! Finally I have found something which helped me.
    Cheers! [url=https://alejazakupowa.top]alejazakupowa.top[/url]

  18. Spkmwv says:

    order omnacortil 5mg pills omnacortil 10mg for sale oral omnacortil 20mg

  19. Wow, this post is fastidious, my sister is analyzing these kinds of things, therefore I am going to convey her.
    I saw similar here: [url=http://allegro.pl/my_page.php?uid=6889611]sklep internetowy[/url] and also here:
    [url=https://yourshop.li/mieten-sie-ihren-shop-b26.html]e-commerce[/url]

  20. I do not even know how I ended up here, but I thought this post was great.
    I don’t know who you are but certainly you’re going to a famous blogger if
    you aren’t already 😉 Cheers! I saw similar here: [url=https://rooftopindia.in/2020/04/25/why-solar-rooftop/comment-page-1806/]sklep[/url] and also here:
    [url=https://collector-px8zofp9vf.perimeterx.net]sklep online[/url]

  21. It’s amazing to pay a visit this website and reading the views of all mates regarding this post, while I am also zealous of
    getting knowledge. I saw similar here: [url=http://eobuwie.com.pl]sklep internetowy[/url] and also here:
    [url=https://www.uwufufu.com/games/612a5292bd72c04b9e0b8afc/rank]najlepszy
    sklep[/url]

  22. Elizabet says:

    Pretty nice post. I just stumbled upon your blog and wanted to say that I have really enjoyed surfing around your blog posts.
    After all I’ll be subscribing to your feed and I hope you write again soon! I saw similar here: [url=https://69hub.pl]Najlepszy
    Sklep[/url] and also here: [url=https://modowy.top]dobry sklep[/url]

  23. Krzqcv says:

    order omnacortil 10mg generic order generic omnacortil 20mg buy generic omnacortil

  24. Jjdhhn says:

    serophene tablet clomiphene 100mg us buy clomid 100mg pill

  25. Ekxdcz says:

    purchase clomiphene online cheap order clomiphene 100mg pill clomiphene 100mg us

  26. Lejrti says:

    buy lasix 100mg without prescription lasix 100mg ca buy lasix 100mg for sale

  27. Xxkmsf says:

    generic lasix 40mg furosemide 100mg sale purchase lasix pill

  28. ecommerce says:

    This design is incredible! You most certainly know how to keep a reader entertained.
    Between your wit and your videos, I was almost moved to start my own blog
    (well, almost…HaHa!) Wonderful job. I really enjoyed what you had to say, and more than that, how you presented it.
    Too cool! I saw similar here: [url=https://lunasolix.top]dobry
    sklep[/url] and also here: [url=https://miradora.top]dobry sklep[/url]

  29. Wow, superb blog format! How long have you been blogging for?
    you make blogging glance easy. The full look of your website is
    great, as neatly as the content material! You can see similar:
    [url=https://bestero.shop]e-commerce[/url] and here
    [url=https://thebestsex.store]dobry sklep[/url]

  30. ecommerce says:

    I’m not sure exactly why but this site is loading very slow for me.
    Is anyone else having this problem or is it a issue
    on my end? I’ll check back later on and see if the problem still exists.
    I saw similar here: [url=https://novarique.top]sklep internetowy[/url] and also here: [url=https://elegancja.top]Sklep Online[/url]

  31. sklep online says:

    excellent points altogether, you simply received a emblem new reader.
    What might you suggest about your publish that you made
    some days ago? Any positive? I saw similar here: [url=https://spectralex.top]najlepszy sklep[/url] and
    also here: [url=https://zaraco.shop]ecommerce[/url]

  32. Mzadlg says:

    semaglutide 14 mg sale purchase semaglutide generic rybelsus 14mg uk

Leave a Reply