The leafy upmarket Ku-ring-gai Council area, 17km north of Sydney CBD, has 27 ‘seniors living’ developments on the go, according to the Daily Telegraph.
The interesting point is the actual size of each development – they are mostly small – or ‘boutique’.
This goes with the large residential land holdings in this suburban region, averaging 1500sqm, which was originally orchards at the turn of the century until the train line opened up and the Harbour Bridge was built in 1932.
Needless to say the local residents do not want medium density development, as seen by the number of court decision approvals. This is the list provided by the Telegraph, delivering 596 homes:
PYMBLE
- 18 seniors units | Stage: Proposed
- 19 seniors units | Stage: Approved in court
ROSEVILLE
- 15 seniors units | Stage: Approved in court
- 10 seniors units | Stage: Proposed
ST IVES
- 28 seniors units | Stage: Proposed
- 14 seniors units | Stage: Approved
- 17 seniors units | Stage: Proposed
- 8 seniors units | Stage: Proposed
- 99 seniors units | Stage: Proposed
- 8 seniors units | Stage: Approved
- 6 seniors units | Stage: Approved
- 7 seniors units | Stage: Approved
- 5 seniors units | Stage: Approved in court
- 20 seniors units | Stage: Approved in court
- 8 seniors units | Stage: Approved in Court
- 125 seniors units | Stage: Approved in Court
- 10 seniors units | Stage: Approved in court
- 7 seniors units | Stage: Approved in court
TURRAMURRA
- 19 seniors units | Stage: Approved in court
- 5 seniors units | Stage: Approved
WARRAWEE
- 105 residential care rooms | Stage: Approved
WAHROONGA
- 4 seniors units | Stage: Stage: Proposed
- 7 seniors units | Stage: Approved in court
- 9 seniors units | Stage: Approved in court
- 8 seniors units | Stage: Approved in court
- 7 seniors units | Stage: Approved in court
- 8 seniors units | Stage: Approved in court
The interesting point is that this municipality is a mature apartment region, but developers (and the council) have identified an emerging market. Does this represent the new market of Baby Boomers who want to downsize to a traditional home in their local community and retain their independence?
