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Villa Maria (Victoria) buys prime village site from Macquarie Bank's Retirement Villages Group (RVG)
Nov 19 2009
1 min read
The Weekly Source

The highly regarded CEO of Villa Maria, Valerie Lyons, achieved a coup by securing a key inner-city Camberwell property with approval for 64 ILU village for $8.75 million. This equates to a land value of $137,000 per ILU in a AAA prime location. The irony is that the seller was a Macquarie Bank offshoot, an organization known for its tough negotiation, and Villa Maria is a Not For Profit.

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$36M Resthaven Bellevue Heights redevelopment in Adelaide opens doors

The South Australian Not For Profit provider has opened Stage 2 of the redevelopment of Resthaven Bellevue Heights in Mitcham, 7km south of Adelaide’s CBD.

Caroline Egan
12 Jun 2025
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Judge reviews final payout approvals in Newmarch House aged care class action

Last Friday, the NSW Supreme Court’s Justice Peter Garling hears from parties in Shine Lawyers’ class action against Anglicare Sydney over the deaths of residents at Sydney’s Newmarch House in the early days of the pandemic.

Caroline Egan
07 May 2025
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Jury considers fate of police officer accused of manslaughter of aged care resident Clare Nowland

Senior Constable Kristian White, 34, has pleaded not guilty to the manslaughter of Clare Nowland, who he tasered at the 40-bed Yallambee Lodge aged care facility, in Cooma, 114km south of Canberra, on May 17, 2023.

Ian Horswill
21 Nov 2024
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Mirus Australia: 57% not confident about their aged care home’s data handling

Just over half of respondents who attended a webinar hosted by the aged care advisory group disagreed with the statement they have proper applications in place managing their data safety and have no manual processes. The same survey by Mirus...

Caroline Egan
06 Sep 2024