Lifestyle Communities Limited
LCOMF
Other OTC12.15
USD
- -
- -
ISIN
AU000000LIC9
Return %
Stock
S&P500
1Y
- -
15.98
3Y
21.38
62.25
5Y
8.97
67.55
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Henry Ruiz
- Full Time Employees
- 180
- Sector
- Real Estate
- Industry
- Real Estate - Diversified
- Address
- 9-17 Raglan Street Melbourne VIC Australia 3205
- IPO Date
- Jun 26, 2020
- Website
- lifestylecommunities.com.au
- Similar Companies
- Business
- Lifestyle Communities Limited is an Australian real estate company specializing in the development, management, and operation of land lease housing communities primarily targeting residents aged over 50. The company’s core products and services include developing, selling, and leasing manufactured and resort-style homes within independent living residential land lease communities. These communities offer low-maintenance, high-quality homes complemented by resort-like amenities such as sports and entertainment facilities designed to cater to active, semi-retired, and retired individuals. Lifestyle Communities operates over 30 communities mainly in Victoria, focusing on coastal and outer metropolitan regions, with a portfolio of about 3,000 settled homes from which it collects rent, alongside approximately 2,000 homes under development or planning. Founded in 1997 and headquartered in Melbourne, Victoria, Lifestyle Communities derives its revenue from home sales, rental income, and management fees. The company places strong emphasis on building lifestyle-focused residential environments that balance community engagement with personal privacy. Partnerships include collaboration with Collective House Realty, a boutique real estate and association management firm, to present luxury ranch condos and townhomes within their communities. Recent major changes include the completion or contractual stage of 432 new homes in FY24. AustralianSuper, a leading superannuation fund, has increased its voting stake in Lifestyle Communities from 15.80% to 16.94% as of early 2025, reflecting institutional confidence in the company. However, the company has faced challenges with a significant cancellation rate of home sales triggered by negative media coverage regarding its Deferred Management Fee (DMF) structure. Despite these challenges, Lifestyle Communities continues to pursue business development with a pipeline of future projects primarily targeting the Victoria region. The company remains focused on expanding its residential land lease offerings and enhancing community lifestyle services for the over-50 demographic. Lifestyle Communities was formerly known as Namberry Limited until its name change in June 2007. Its operational focus encompasses real estate development, property management, and community lifestyle services specifically tailored to the needs of the aging population in Australia, with a strategic focus on Victoria’s coastal and metropolitan growth corridors. This comprehensive product and service approach positions Lifestyle Communities as a notable player in the Australian land lease and retirement living market.
Lifestyle Communities Limited (LCOMF) Q2 2026 Earnings Call Transcript