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.

Respect enters QLD with acquisition of seven BlueCare aged care homes and four co-located retirement villages

The Not For Profit, which specialises in acquiring rural and regional care home, announced this morning it will take ownership of several sites from the health and community arm of UnitingCare Queensland.

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Ian Horswill

15 May 2025

Government Policy

Rising political star Sam Rae appointed Minister for Aged Care as Anika Wells takes on a new portfolio

Sam Rae, who was elected the member for Hawke in 2022, has been appointed the Minister for Aged Care, while Mark Butler retains the Health and Aged Care ministry Anika Wells moved to the Communications portfolio while retaining Sport.

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Caroline Egan

12 May 2025

Opinion

Why this letter from a resident should be read by all village operators

For the second time in as many months, the retirement village sector faces an uphill battle with a branch of government not understanding or appreciating what the sector offers ageing Australians, or the communities they remain a part of. In March...

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Ian Horswill

13 May 2025

Government Policy

Aged care sector sounds alarm on reform rollout after Election win

Aged care providers across the country extended their congratulations to the re-elected Government this week, celebrating the victory just weeks before the sector is set to implement landmark reforms. However, their well-wishes came with a note of caution.

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Caroline Egan

08 May 2025

DevCore unveils plans for 1,200 land lease homes across NSW and QLD

Property developer DevCore has revealed a pipeline of at least 1,200 land lease homes, to be delivered across six future communities in New South Wales and Queensland. Founded by former Rawson Homes executives Peter, Lawrie and Mark Rawson, DevCore...

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Lauren Broomham

19 May 2025

Mergers & Acquisitions

Aveo’s preferred buyer Scape reveals new senior housing business Living Co

Stephen Gaitanos, the Co-Founder, Managing Director and Group CEO of Scape Australia, the country’s leading residential-to-rent owner and operator, has told Mingtiandi’s Singapore Forum that the group will provide accommodation for seniors.

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Ian Horswill

19 May 2025

Mergers & Acquisitions

Respect enters QLD with acquisition of seven BlueCare aged care homes and four co-located retirement villages

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Ian Horswill

15 May 2025

Mergers & Acquisitions

Roshana Care buys vacant aged care home in NSW Central Coast retirement village for $73K per bed

The operator is also targeting growth into the NDIS, community services, and mental health. Last week, they announced the acquisition of Wangara Medical Centre

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Caroline Egan

06 May 2025