On 5 November, 792 people visited our village directory website, villages.com.au, a record number for one day. This represents an increase of more than 50% over 12 months ago. They averaged 4.7 pages per visit and they visited at least two village properties on the site. While some operators are reporting slow sales this volume demonstrates an increasing interest in villages as an accommodation option. If the trend continues, this rate equates to 290,000 people a year searching for a village, or 14.5% of the 70+ market.
Exclusive: Aveo to sell off its retirement villages in South Australia and Tasmania
Tony Randello, CEO of the nation’s leading retirement village provider, said the impending sale of its 16 retirement villages in South Australia and Tasmania “aligns with Aveo’s regular strategic review of opportunities across its portfolio”. The...