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© 2025 The Weekly SOURCE
 

Ian
Horswill

Opinion

Why building new retirement living developments is not for the faint hearted

Today’s issue is packed full of development stories and talking to For Profit and Not For Profit executives it is getting harder and harder to make projects viable. Anyone building a retirement living facility today needs 40% to 45% more to make...

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Ian Horswill
19 May 2025
Community Living

Retirement Living Council: Cairns Regional Council condradicting itself over village rate rise

The peak body’s Executive Director Daniel Gannon has launched a second stinging attack on the council in Far North Queensland, which is proposing to charge rates on each individual unit in the 10 retirement and land lease communities within its...

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Ian Horswill
19 May 2025
Awards

Community Leadership 2025 finalists: National Retirement Living Summit

The Retirement Living Council”s National Retirement Living Summit in Brisbane on 18-20 June featuring the annual awards. Four employees of operators have been chosen as finalists in the Community Leadership category. Community...

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Ian Horswill
19 May 2025
Development

$50M plus pre-release sales for Stage 2 of Reside Communities’ Fairway Carindale, with three-bedders hitting $3.6M

Fairway Carindale’s first stage, Ivy and Aster, which featured 52 luxury apartments within Pacific Golf Club’s 53ha site, opened in late Janaury

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Ian Horswill
19 May 2025
Mergers & Acquisitions

Aveo’s preferred buyer Scape reveals new senior housing business Living Co

Stephen Gaitanos, the Co-Founder, Managing Director and Group CEO of Scape Australia, the country’s leading residential-to-rent owner and operator, has told Mingtiandi’s Singapore Forum that the group will provide accommodation for seniors.

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Ian Horswill
19 May 2025
Community Living

Spurned Eureka Group suitor Aspen sells remaining 55 million shares in the company

The ASX-listed affordable housing provider on Monday said it had sold out of the only pure-play over 50s rental community owner and operator, which it hgad sought to buy in January last year. Aspen Group was only twarted in its bid when FDC...

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Ian Horswill
19 May 2025
Legal Issues

Cooloola Waters Retirement Village fails to overturn $22K payout ruling to former real estate agent

Cooloola Water Holdings, which runs Cooloola Waters Retirement Village at Tin Can Bay, in Queensland’s Gympie region, has failed in a bid to overturn an order to pay more than $22,000 in commissions to a former real estate agent who helped broker...

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Ian Horswill
19 May 2025
Housing News

Anglican Care’s closed aged care home converted into housing for women over 55

The agency of the Anglican Diocese of Newcastle announced it was shutting an aged care home in Mt Hutton, a suburb of Lake Macquarie, 14km west-southwest of Newcastle, in March 2022. On Saturday, NSW Government announcedit has been converted in 20 units for homeless women..

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Ian Horswill
19 May 2025
Buying

Single women drive demand at Adrian Puljich’s Aliria community in Rockhampton

Almost a third of purchasers in the $32 million Aliria on Dean, which will feature 57 architect-designed duplex homes in Berserker, a suburb of Rockhampton, have been women purchasing on their own. Widow Carry Lee, 69, said she began considering...

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Ian Horswill
19 May 2025
Out of the Ordinary

Will this catch on? Residential homes only for over-45s

In a first, 24 homes are being built for people aged 45 and over. “It’s a new concept. People haven’t really done a downsizer community development like this before. People put age restrictions on properties, but not for the reasons we have...

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Ian Horswill
19 May 2025
Development

Principle Living’s flagship Newcastle Golf Club 172-home retirement village approved

The fifth retirement village by the business, founded by the Mann family and Stevens Group, has received development consent for Apperly Village from the Hunter and Central Coast Regional Planning Panel. The 172-home retirement village, to be co-located...

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Ian Horswill
19 May 2025
Development

Expansion of Ocean Gardens City Beach retirement village in Perth approved

Town of Cambridge Deputy Mayor Ben Mayes and Town of Cambridge Director Planning & Community Services Luke Gibson expressed their “deep disappointment” after Western Australian Planning Commission’s Statutory Planning Committee approved the...

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Ian Horswill
19 May 2025
Legal Issues

NSW Land and Environment Court approves Adria Care’s retirement village plan for Wollongong’s Croatian community

After agreeing to reduce the number of units and the hieght of the development, a continuum of care project wrapping around the Croatian Catholic Church in the suburb of Figtree has been approved. The vision was to provide a space for the wider...

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Ian Horswill
19 May 2025
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The Weekly SOURCE is published by DCM Media

editor@theweeklysource.com.au

18/37 Nicholson Street
Balmain East
New South Wales 2041

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The Weekly SOURCE is published by DCM Media

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18/37 Nicholson Street
Balmain East
New South Wales 2041

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