Colliers report states aged care occupancy near 100%
Collliers new Residential Aged Care Market Report, compiled by Boxwell & Co’s Darren Lynch, reveals the sector added only 578 new residential aged care places in FY25.
Collliers new Residential Aged Care Market Report, compiled by Boxwell & Co’s Darren Lynch, reveals the sector added only 578 new residential aged care places in FY25.
HammondCare has recorded record revenue of $620 million but residential aged care and home care have both taken a hit.
“We want to work with the sector to see more developers and financiers step forward. The capital base needs to be diversified and sophisticated.”
Colliers’ new Residential Aged Care Market Report confirms what everyone in the sector has felt in their bones: Australia’s aged care system is on a collision course. The headline figure – 800 new residential places in 2024-25 – was already pitiable. Once Boxwell & Co corrected the Department’s data, the