Development

Third.i announces strategic joint venture with Dexus to deliver The Merewether retirement village in Newcastle

The property developer has revealed that it will partner with the Australasian real assets group to deliver the $300 million, 178-unit luxury retirement community at the Merewether Golf Club in Newcastle.

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Lauren Broomham

28 Apr 2025

Development

ICAM targets expansion to 10-15 villages as Adelaide village undergoes major revamp

The Adelaide investment firm is set to significantly grow its retirement living portfolio over the next few years as the company continues to enhance its existing three retirement villages, such as its latest project at Kings Park Retirement Village in Adelaide.

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Lauren Broomham

28 Apr 2025

Redevelopments

800 Forestville RSL members object to redevelopment with retirement village units to replace declining gambling income

With the Board looking to the future of less poker machine income and submitting a new clubhouse and 55 village apartments, a petition with 800 member signatures and counting is being submitted to Council as a DA objection to the $77 million...

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Chris Baynes

28 Apr 2025

Development

Levande tops out Sydney vertical village, marking major milestone in $3B growth plan

The village operator has officially topped out its landmark 28-storey vertical village, The Cambridge, in Epping, NSW, 28km northwest of the Sydney CBD – the tallest retirement living development in the state and a centrepiece in Levande’s $3 billion national expansion strategy.

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Lauren Broomham

28 Apr 2025

Development

Arcare opens latest facility in Melbourne’s east – with five more homes to come online in 2025

The private operator, owned by the Knowles family, continues to be one of the most prolific builders in the residential aged care sector. Pictured (left to right): Kate Garvey, Client Services Manager at Arcare Ringwood, DCM Group Editor Lauren...

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Lauren Broomham

23 Apr 2025

Development

Estia Health breaks ground on new 124-bed aged care home in Adelaide

The private operator has held a groundbreaking ceremony to mark the start of construction on its latest residential aged care facility in Findon, 9km northwest of Adelaide. As we have reported, Estia Health lodged the plans for the site, which was...

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Lauren Broomham

23 Apr 2025

Development

Gold Coast site approved for 130-bed aged care home for sale through receivers

The nearly 9,000sqm site in Parkwood, 5km from the heart of the Gold Coast, is owned by SDA Property’s No 4 Pty Ltd, which has gone into administration.

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Caroline Egan

23 Apr 2025

Redevelopments

Anglicare Sydney lodges State Significant Development plan to redevelop part of its 43ha site in Castle Hill

The Concept Master Plan & Stage 1 DA for part of the site, 34km northwest of Sydney’s CBD, which currently houses seven retirement villages and five residential aged care homes, has been lodged with the NSW Government. Laurie Boxwell...

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Ian Horswill

22 Apr 2025

Development

Von Slater kicks off Serenitas’ 28th land lease community, the 193-home Thyme Lifestyle Resort Rothwell in Moreton Bay, QLD

Von Slater, Serenitas’ Chief Executive Officer, said the land lease operator is building more than a development; it aims to help residents create a community in the coastal suburb in the City of Moreton Bay, 33km north of Brisbane. “We’re...

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Ian Horswill

22 Apr 2025

Development

Aware Super owned Oak Tree seeks second extension to its Mackay retirement village development approved in 2015

The retirement village operator has applied to Mackay Regional council for a second extension to its approval to build 98 independent living duplexes on a site in Rural View, 11.7km north of Mackay on Queensland’s east coast. Oak Tree was given...

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Ian Horswill

22 Apr 2025

Development

NoosaCare tests high-end market with Kabara aged care home expansion, with further plans

Not For Profit aged care operator NoosaCare has opened a six-bed extension and upgrade at its Kabara aged care home in Cooroy, 125km north of Brisbane, with larger rooms with premium outlooks commanding RADs of $830,000, “evidence” to CEO Grant Simpson there is demand for high-end rooms.

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Caroline Egan

17 Apr 2025

Mergers & Acquisitions

Vacant Mercy Health facility in Newport, Melbourne, sells for $154K per bed

The 37-bed aged care home in Newport, 7km southwest of the Melbourne CBD, has been acquired from Not For Profit Mercy Health for $5.7 million.

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Caroline Egan

17 Apr 2025

Development

60% of apartments sold at OnetoAnother’s new retirement village The Trentham Sandringham, VIC with prices up to $3.65M

The Buxton family’s latest retirement village in the bayside suburb of Sandringham, 16km south of Melbourne’s CBD, is expected to welcome its first residents in October this year. The Trentham will evoke a five-star boutique beachside hotel with...

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Ian Horswill

14 Apr 2025