• Net sales from new homes improved materially, up 168% from 1HFY25
• Annuity revenue from rental income continued to grow
• Net debt balance further reduced, down from $460.5m to $323.6m

Lifestyle Communities Ltd reported its half-year results for the period ended 31 December 2025. Key highlights include a 168% increase in net sales from new homes compared to 1HFY25, continued growth in annuity revenue from rental income, and a further reduction in net debt from $460.5m to $323.6m. The company's renewed strategy focuses on three pillars: being the go-to choice for downsizers, renowned for the homeowner experience, and powering its growth engine. This involves mastering the sales process, investing in high-quality amenities and digital communication, and embedding capital discipline and market-led product strategies. The property market in Melbourne has shown signs of improvement, though still lags national trends. The company expects subdued settlements in 2HFY26 due to the lag between sales and settlements from lower prior period sales rates. Overall, Lifestyle Communities is executing on its strategic priorities to deliver an outstanding homeowner experience and sustainable financial returns.

The company expects subdued settlements in 2HFY26 due to the lag between sales and settlements from lower prior period sales rates. However, the company remains focused on executing its strategic priorities to deliver an outstanding homeowner experience and sustainable financial returns.