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Land Lease Community Rating System

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The Australian senior’s landscape is changing at a rapid pace driven by a mix of lifestyle, wealth, care needs and of course the retiring baby boomers. 

Increasingly, retirees are looking at alternative accommodation models to the traditional retirement village. Hence the popularity and the corporatisation of the Land Lease Communities (‘LLC’) sector (formerly Manufactured Housing Estates – MHE) has risen significantly in recent years.

As a result, assessing and valuing the sector has some particular nuances. The Land Lease Community Rating System (LLCRS) creates a simple but effective view of a Community and allows a comprehensive understanding of how it should perform in the market compared with its competition. 

Utilising the LLCRS ensures a consistent approach and provides a nexus between the analysis of market transactions and the application of appropriate valuation methods.

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Land Lease Community Rating System

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Liam Greentree

Director, Healthcare & Retirement Living | Valuation & Advisory Services


I began my career within the property industry in 2013 initially gaining foundation experience at a National Valuation firm based in the Sydney CBD where I was involved in the valuation of a broad range of assets, for varying purposes.

I joined Colliers International in August 2015 to extend my knowledge on going concern valuations with a role in the Healthcare & Retirement Living Sector (predominantly working in the Caravan Parks and Manufacted Home Estate sector). The diversity and constantly changing dynamics of the property industry keeps me interested and passionate about what I do. 

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