A new over-50s lifestyle community is coming to Moama. Pictured is a rendered view of the Lincoln Place development.
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Moama is set to see nearly 200 new homes built by over-50s community provider Lincoln Place, which has acquired a large plot of land next to Rich River Golf Club.
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Planning approval is in place for the $100 million Lincoln Lifestyle Moama project, a premium development that is expected to break ground mid-year.
Located within The Range Estate, the 9.2ha project will feature 197 homes, a central clubhouse, and a multi-million dollar investment in lifestyle and recreation amenities.
Lincoln Place chief executive Paul Yeo said the project would be a boon to housing supply and local jobs over the next six years.
Lincoln Place chief executive Paul Yeo highlighted the project’s recreational features.
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“Our community will complement the existing neighbourhood with a selection of architecturally designed homes, featuring a variety of two and three-bedroom floor plans, secure garages and private courtyards,” he said.
A wellness centre, heated indoor pool, gym, private theatrette, lounge and dining areas, and a bowling green will be among the private resident facilities.
Murray River Council Mayor John Harvie said the Lincoln Place development reflected Moama’s continued growth, and its livability and investment appeal.
“These types of developments reflect changing community needs, support housing diversity and contribute to the ongoing vitality of the town,” he said.
“Council welcomes quality projects that support Moama’s future growth and add value to the local economy.”
A birds-eye shot of the project’s location, adjacent to The Range Estate and Rich River Golf Club.
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Rich River Golf Club chief executive Shane Gloury said any development that brought extra residents and housing to Echuca-Moama was beneficial to the club.
“From that end, we welcome the new Lincoln lifestyle development,” he said.
Mr Yeo said the site’s location made it an ideal spot for those looking to downsize locally, or from further afield, via the land lease model.
The model sees residents own their house while leasing the land it is on, generally owned by the property developer, through a rental agreement.
According to CBRE, there were around 130,000 Australians living under the model in 2024, which is seen as a favourable option for retirees.
“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,” Mr Yeo said.
“Residents are responsible for their own use of utilities, with the only ongoing cost being a weekly site rental for the land that covers the maintenance of the community and the extensive lifestyle amenities.”
Information sessions will be held in the coming months, and the site’s first residents are anticipated halfway through next year.