At the RVA Regional Conference in Melbourne yesterday confidence was being expressed that the sector has bottomed out. Leading Knight Frank valuer Sam Murphy stated one sale a month is the norm but we should start to see growth. Darryl Watherston, heading Ingenia marketing, has been making great sales in both his DMF and rental villages, with stock now becoming a problem in Perth. His Chairman, Jim Hazel, is also upbeat about the sector 12-24 months out.
Is the DMF model dead? Anglicare CEO Simon Miller says yes
After buying 50% of LDK Senior’s Living from Cromwell Property Group in November 2022, Anglicare CEO Simon Miller is going all in on private aged care. Speaking at the DCM Group’s Ask the Visionaries’ Anything breakfast forum at...