Housing
Fate uncertain for proposed SA retirement village as developer looks to sell up

A proposed retirement village at Wallaroo, on South Australia’s Yorke Peninsula, is up in the air after the developer of the wider master planned estate moved to sell off most of the land.

The village would form part of the larger $220 million Wallaroo Shores housing estate 160km northwest of Adelaide, which is slated to also deliver more than 600 residential homes as well as commercial buildings.

However, developer Monopoly Property Group is now only committing to the first-stage waterfront resort, and is hoping to offload the remaining 13.85 hectares of land – including the parcel earmarked for the village – through Savills and the Smith Agency, who are seeking developers interested in completing the Wallaroo Shores estate.


The new developer will follow the development plan in place and ensure a high standard of construction is adhered to,”
Monopoly’s chief executive Ben Howard (pictured) told News Corp papers.

“This is a legacy project with all the infrastructure in place under a joint venture agreement with the Copper Coast Council, who also share and support the vision of the project and the long-term social and economic benefit it will bring to the local community.”

The estate has already been approved for six stages of development adjacent to the Wyndham-branded resort, not including the retirement village.

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