residential park questions
 
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How much will I have to pay?

The amount that you will have to pay to purchase a home and the site fees that you will have to pay will vary considerably depending upon the style of home you are going to purchase, the location of the residential park and the facilities and amenities available.

New manufactured homes in NSW tend to be upwards of $280,000 in established residential parks with a good level of amenity and facilities. Waterfront homes tend to command higher prices often reaching upwards of $400,000 in well-appointed NSW residential parks.

More affordable options are often available but tend to be pre-loved relocatable homes or caravans and annexes. These tend to be in the range of $5,000 to $20,000 for older vans and annexes to between $50,000 and $250,000 for older relocatable homes. Obviously, the cheaper the home, the more wary you should be about its fitness for the purpose and the relevant site conditions.

Site fees can also vary, with the majority of fees in NSW in the range of $115 per week to $175 per week. Residential Parks in some regional locations are less but others are reported as being up to $200 per week. Parks in the higher range of rents are often in highly desirable locations on the Coast and their fees are similar to strata levies in nearby apartments.

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