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Selling

Stockland delivers 500 new land lease home sales a year with 20%+ margin

Seniors accommodation has worked out very well for Stockland after abandoning retirement villages, with a big development pipeline, big sales numbers and big development profit in its relatively new land lease business. Its Q3 ASX results have...

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Selling

Ryman continues to sell off its Australian land bank, with the disposal of spare space next to its first village in Wheelers Hill

Ryman Healthcare has taken a reported $9.1 million for 9,065sqm adjacent to its Nellie Melba village, which is now one of Australia’s largest. The disposal is in line with the NZ operator’s scaling back on expansion plans after it came undone in...

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Mirvac now has new land lease homes priced at $580K for Baby Boomers vs $750K+ for new families

Perhaps Mirvac and Stockland will be the channel to this market, given they are slicing off sections of their greenfield developments for Over 50s land lease. For instance, Mirvac has sliced off 200 lots off its Everleigh, Brisbane greenfield

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Government Policy

The Retirement Living Council has been on a media blitz calling for ‘the right policy at the right time’ – to support seniors downsizing to retirement villages

RLC Executive Director Daniel Gannon has been featured across all medias spruiking the community benefit of raising the Age Pension Asset Cap from $315,00 to $550,000 and raising the Commonwealth Rent Assistance (CRA) from $252,000. The Age Pension...

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28 Apr 2025

Redevelopments

800 people object to Forestville RSL 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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28 Apr 2025

Masterclass in the future demand for retirement living – invest in assisted living!

I am on holidays, which has given me some quiet time to go back over the presentations at the LEADERS SUMMIT, and the graph above and below jumped out at me from Cam Ansell’s presentation. Check the growth in Assisted Living. Cam is the Founder...

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28 Apr 2025

Scape moving to acquire Aveo is good news – here is why

It was revealed in the Financial Review this week that Australian student accommodation giant Scape is now the exclusive bidder to buy Aveo, for an indicated $3.5B. They will bring fresh thinking to the retirement village sector. Take a step back...

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Cyril is aged care today – it is not fixed

This photo is of Cyril Tooze, aged 86. He is in Victor Harbour Hospital (SA) last October, weighing just 42 kilos after waiting alone at home since January for his Level 4 Home Care package. It never came. Cyril is the face of the aged care system...

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11 Apr 2025

Since November 2021 just 485 new ILUs and 440 new beds have been ticked in NSW under new preferential laws. But green shoots are appearing

In three years and five months, only six new ‘significant’ development projects have been approved as NSW State Significant Developments. None have broken ground yet. With a $20 million or $30 million entry to the system, all new villages will...

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08 Apr 2025

Small is good – and faster in retirement living, but what does that say about the future?

Today we cover Mark Bindon and Franco DePasquale announcing their re-entry to the retirement village sector with three separate village projects of around just 25 homes each. Meanwhile Adrian Puljich announced at the LEADERS SUMMIT his new Aliri...

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01 Apr 2025

Structural policy, productivity and strategic imperatives to support ageing Australians missing at one minute to midnight

We get it; it’s an election budget, and as Paul Keating used to say, ‘if you are not in power, you have no power’.

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26 Mar 2025

Fact: the village sector understands retirement accommodation. It is time to shine

NSW Planning has just delivered the “worst-case scenario for the seniors housing industry’ in its Low and Mid-Rise Housing Policy, leaving retirement villages behind as ‘road kill’, according to Ethos Urban. In summary, affordable housing...

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