Chris Baynes

Arcare opens 5 star care facility in Maroochydore

Jul 02 2014 Updated May 3, 2023

The Weekly Source

1 min read

Privately owned Arcare has just opened its 21st care facility in Maroochydore on the Sunshine Coast, its ninth in SE QLD. The 90 resident complex features a gift shop, cafe, theatre, hair salon, pool room, games rooms and private dining facilities. They are planning a further opening at Craigieburn in Melbourne.

No excuse for providers to not be ready on 1 November: Aged Care Minister Sam Rae

Aged Care Minister Sam Rae has told ABC radio the Aged Care Rules have been in place for “a significant amount of time” and the Government has been listening to and supporting to the sector, “so, there really isn’t an excuse from any provider to not be prepared for 1 November”.

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Caroline Egan

23 Oct 2025

Mergers & Acquisitions

Aged care consolidation continues: Regis Aged Care on the march

The ASX-listed operator has entered into binding agreements to acquire family-owned OC Health’s two remaining aged care homes for $45 million plus a $36 million liability for RADs. The purchase of Ocean Mist, in Torquay, a seaside town southwest of...

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Caroline Egan

23 Oct 2025

Opinion

Aged care beds going backwards – where’s the outrage?

StewartBrown just dropped a number that should jolt the sector: average time on a Home Care Package has plunged from 3.6 years in FY24 to 2.4 in FY25. That’s not a tweak – it’s a cliff. And it speaks to the same uncomfortable truth across...

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Lauren Broomham

23 Oct 2025

Mergers & Acquisitions

Prices for aged care homes in demand “far exceed” recent valuations

Aged care homes are selling for prices well above their most recent valuations, fuelling a surge in merger and acquisition (M&A) activity across the sector, according to aged care consultancy Pride Aged Living.

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Caroline Egan

29 Oct 2025

Newly opened Vantage Hervey Bay land lease community will always be special to AVID

Heike and Michael Duggin have made the 1,000-kilometre move from Townsville to Hervey Bay – and into the record books as the first residents of AVID Property Group’s new land lease community, Vantage Hervey Bay. A further 40 residents are expected to move in later this year.

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Ian Horswill

7 hours ago

The Tuesday SOURCE

Retirement and Community Living

Retirement by Moran’s surprise aged care operator for proposed village

Sally Taylor, Managing Director of Retirement by Moran, used the latest Westpac Conversation at the Wharf luncheon to outline the State Significant Development Application for “Indigo by Moran” at Narrabeen.

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Ian Horswill

8 hours ago

Development

Gladstone Regional Council victorious over change to approved land lease community

Queensland’s Planning and Environment Court has dismissed an appeal by Brades Property Agnes Water, upholding Gladstone Regional Council’s refusal of a proposal to swap an approved 360-lot manufactured housing estate (land lease community) for a 158-home conventional residential subdivision at Agnes Water.

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Ian Horswill

8 hours ago

Topic - Developments

Retirement and Community Living

65 ILUs filled as $400M Hyegrove Willoughby, Sydney’s Lower North Shore, opens

The Abolakian family’s first venture in the ageing sector, Hyegrove Willoughby, an integrated development, 8km north of Sydney’s CBD, has opened with more than 65 of the 111 apartments filled within days. Patrick Abolakian, Director, Property...

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Ian Horswill

8 hours ago