VIC: Former Commonwealth Games village becomes $23m seniors living

Oct 21 2010 Updated July 4, 2023

The Weekly Source

1 min read

The $23 million redevelopment of the former Commonwealth Games village has seen the Parkville site redeveloped as Mercy Place Apartments. The majority of the village has been built by Australand and comprises of 52 ILUs. A spokesperson for Mercy Place Apartments stated that a medical centre will open within months. Mercy Place Apartments is 80% sold.

The law is an ass – and it has cost Lifestyle Communities $1.5 billion and counting

The tribunal in Victoria has ruled the contract requirement of departing residents from land lease operator Lifestyle Communities is void based on a legal/legislative wording, despite residents being well informed when they signed that contract...

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Chris Baynes

15 Jul 2025

Government Policy

Elderly couple conduct their own observations as Single Assessment System moves to phone calls to clear backlog

Assessment organisations, which have operated under the Single Assessment System (SAS) since 1 January 2025, are conducting assessments by phone or Telehealth to clear significant backlogs. Older Person’s Advocacy Network CEO Craig Gear OAM said, roadblocks in the SAS must be urgently addressed.

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Caroline Egan

16 Jul 2025

Mergers & Acquisitions

RSL Care SA buys Hallmont Estate’s two retirement villages in Mount Gambier, SA

The Not For Profit organisation, which operates retirement living, social housing and residential care in South Australia, has bought Woodlands Grove and Hallmont Estate Mount Gambier, in the second most populous city in the state, which lies 450km...

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Ian Horswill

22 Jul 2025

Legal Issues

Ingenia Communities and ABC’s Adele Ferguson on VCAT’s voiding of Lifestyle Communities’ DMFs

Ingenia Communities Group provides the following update in relation to the Group’s exposure to Deferred Management Fee (DMF) contracts across its portfolio. Ingenia has limited exposure to contracts which include a Deferred Management...

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Ian Horswill

14 Jul 2025

Aged Care Minister Sam Rae proposes 304 changes to the new Act as Amendment Bill lodged in parliament

The Aged Care and other Legislation Amendment Bill 2025 has three sections: proposing 304 changes to the new Aged Care Act; proposing changes to the Aged Care (Consequential and Transitional Provisions) Act 2024 and amending other laws.

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Whiddon’s disused aged care home in Sydney’s southwest to house older women at risk of homelessness

Renovations of the disused residential care home in the 8.5ha Whiddon Easton Park in Glenfield, 36km southwest of Sydney’s CBD, have begun as a result of a collaboration between private sector property holders, charities and public funding. “At its...

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Ian Horswill

24 Jul 2025

The Weekly SOURCE

Mergers & Acquisitions

Regis Aged Care buys Rockpool’s four aged care homes for $225,000 per bed

Regis has acquired Rockpool’s four aged care homes boosting its homes to 72. Regis’ MD and CEO Dr Linda Mellors said, “This acquisition aligns with our strategy to broaden our residential aged care footprint”, while Rockpool CEO Melissa Argent said she is proud of what Rockpool has created.

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Across Australia there is a model of aged care where eager customers are lining up at the door to enter

These are retirement villages, not aged care homes, and we call it private aged care. While we have been banging on about this model for several years, we are seeing the early green shoots of a new, significant sector, being driven by the new...

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Chris Baynes

24 Jul 2025