Government Policy

House prices expected to slow after record december quarter

Feb 04 2014 Updated May 3, 2023

The Weekly Source

1 min read

Capital city house prices rose by 9.8% in the 12 months to December 2013. Setting a new record, the median is now $597,556.
The December Quarter had the strongest growth in four years. Sydneys median price grew by 6% and Melbourne 3.2%. Australian Property Monitors Quarterly Housing Report predicts price growth will moderate over 2014 as economic activity wanes, with Brisbane and Perth being the likely exceptions, driven by strong local economies.

RIP: We are seeing the death of the family-run aged care operator

It feels like I am writing an obituary to family-run aged care facilities. Once the backbone of the sector, multi-generation operators are now selling out at a pace not seen before. The sell-off is accelerating, with three landmark deals in just two...

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Lauren Broomham

11 Sep 2025

Mergers & Acquisitions

Scape’s Craig Carracher: Aveo deal cost closer to $4.5B, not $3.85B

Brookfield Asset Management hailed the sale of Aveo as the largest direct real estate transaction in Australian history, quoting a price tag of $3.85 billion.

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Ian Horswill

08 Sep 2025

Mergers & Acquisitions

Opal HealthCare powers ahead with triple Victorian acquisition

Australia’s largest aged care operator, Opal HealthCare, has added three more homes to its Victorian footprint after completing the acquisition of Australian Aged Care Group (AACG) on 1 September 2025.

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Caroline Egan

09 Sep 2025

Opinion

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...

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Ian Horswill

23 hours ago

Stockland’s Halcyon brand emerges as runaway land lease leader

When Tarun Gupta took over as Stockland CEO in July 2021, he staked his name on land lease communities with a bold $620 million acquisition of Queensland’s Halcyon Group. The move trumped rival offers from Ingenia Communities and Serenitas – and cemented Stockland’s ambition to dominate “the fastest growing lifestyle segment – the Over 50s market.”

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Ian Horswill

15 Sep 2025

Development

Bocina Group unveils first land lease community in QLD’s Lockyer Valley

Gold Coast-based Bocina Group has lodged plans for its first land lease community, a 267-home project in Gatton in Queensland’s Lockyer Valley.

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Ian Horswill

15 Sep 2025

Development

Uniting gets go-ahead for 152-unit Shellharbour development

Uniting NSW.ACT has secured approval for the first stage of its new Shellharbour development, which will deliver 152 independent living apartments and assisted living services in the Illawarra, about 100km south of Sydney’s CBD.

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Ian Horswill

15 Sep 2025

Development

Summerset’s second continuum of care village takes shape in Melbourne’s Chirnside Park

New Zealand-based operator Summerset Group has provided an update on its $146 million retirement community under construction in Chirnside Park, 38km east of Melbourne’s CBD.

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Ian Horswill

15 Sep 2025