Lake Macquarie City Council has identified that it will have 25% of its population aged 65+ within 10 years up from 17% today an increase of 41%. It says it will aggressively pinpoint land for zoning for affordable housing and adaptable housing for the aged. Even today it has assessed it is meeting only 20% of demand.
Exclusive: Aveo to sell off its retirement villages in South Australia and Tasmania
Tony Randello, CEO of the nation’s leading retirement village provider, said the impending sale of its 16 retirement villages in South Australia and Tasmania “aligns with Aveo’s regular strategic review of opportunities across its portfolio”. The...