Goodfellows Lakeside

The village

Life here

Goodfellows is a lifestyle village designed for those over 60 looking to simplify life and enjoy the next stage with greater freedom and less maintenance. It combines affordability, independence and community within a welcoming neighbourhood setting. For some, it's about freeing up equity from a larger home and unlocking financial breathing room. For others, it's about positioning themselves between Auckland and Hamilton to stay close to children and grandchildren. For many, it's about stepping into a warm, like-minded community in a growing provincial town, without compromising on space, quality or independence.

A day in the life

What living here is actually like

Goodfellows offers a different kind of living option combining affordability, independence and community.

Lifestyle & Community

Located just off SH1 with direct interchange access, the village features a flat, walkable neighbourhood layout with bike trails winding through the area. The welcoming local groups, shared spaces and friendly atmosphere make it easy to feel connected and at home.

✓ Flat, walkable neighbourhood layout

✓ Bike trails throughout the area

✓ Close to city and everyday amenities

✓ Sense of community with welcoming local groups

✓ Open spaces and natural surroundings

Now the practical part

The money — what comes back to your family

You've seen why you'd love it. This is the part most families only discover at the exit statement — so we put it in plain sight. Every figure is from the village's own filed Disclosure Statement.

Capital Back score

Capital-unfriendly · #429 of 520

Better than 18% of NZ villages — yet the market median is just 46. The sector is tough.

Deferred fee

30%

charged on your entry price

Your share of capital gain

100%

you keep some of any uplift

Time to get capital back

—

not enough resales disclosed

Fees after you leave

Continue

charged until the unit resells

Before you sign, get independent eyes on the contract.An ORA-review lawyer or independent financial adviser — never paid by any operator — checks what it really means for your family.

⚖ Get independent advice →

How the 32 is built

Nothing hidden — every component

The Capital Back score is a transparent weighting of five filed terms — you can see exactly where this village wins and loses. Full methodology →

Move-in fee you don't get back Deferred Management Fee — weighted 30%

30% deferred fee — lower is better.

Share of capital growth Capital gain to resident — weighted 15%

You keep 100% of any uplift.

100

Fees stop when you leave Weekly fees on exit — weighted 15%

Fees continue until the unit resells.

Interest if repayment is slow Interest on delayed capital — weighted 10%

No interest on delayed repayment.

The filed terms, in plain English

What the Disclosure Statement actually says

Every operator uses different words for the same thing — we normalise them so you can compare like with like.

Deferred Management Fee

30%

Accrues over your first 3 years, charged on the entry price.

Market: median 30%; only 16% of villages charge under 25%.

↑

Capital gain

100% to the resident

You keep a share of any increase in the licence value at resale.

Market: just 8% of NZ villages share any capital gain.

Fees & interest on exit

Watch this

Weekly fees continue until the unit resells.

Market: 220 of 520 villages keep charging weekly fees after you've gone.

Before you sign the ORA

The reckoning usually arrives too late

You're buying a licence to occupy, not the home — you can't sell, rent or borrow against it.
A large deferred fee is gone within a few years, whatever the unit later sells for.
Your family carries the risk of how long resale takes — and the operator's ability to pay.
None of this is hidden — it's all in the Disclosure Statement most people sign without reading.

Have someone independent read it first

We'll connect you with a retirement-village review lawyer or independent financial adviser — no operator pays to be here.

Request an ORA review → Talk to a financial adviser