Baby boomers force developers to rethink traditional retirement housing models – how do village managers engage this market?

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New figures from the Australian Bureau of Statistics found 22% of people aged 65 to 69 are still working, compared with 9% in 1989. It’s a trend the Melbourne-based Casey Group recognised when it developed The Resort Torquay, which features a range of housing and accommodation options including 50 retirement beach villas through to a recently opened hotel. The resort retirement “compound” has been designed to appeal to the over 60s who are seeking to divide their time between to homes – one in the city of choice, the second within a two-hour drive from the principal residence. The group is about to commence work on a new project at Avondale Heights, Victoria, which will include 130 two and three bedroom luxury ILUs, and aged care facilities.