Buying

Living Choice moves forward on new horizontal village at Avoca Beach (NSW)

Nov 26 2019 Updated May 3, 2023

The Weekly Source

1 min read

The SA based operator has purchased the 24 ha Bangalo Stud, 2 km from upmarket Avoca Beach on the Central Coast, 16 km east of Gosford.

They plan 210 homes for the site, with a DA about to be lodged, plus an aged care facility.

Living Choice has written to the 170 close neighbours informing them of the plans and asking for comment.

They have three other retirement villages on the Central Coast. Avoca will take them to 13 locations nationally.

Pictured: Bangalo owner Danny Bourke and Tim Bentley, Living Choice General Manager NSW Central Coast & QLD.

VCAT rules Lifestyle Communities’ DMF model illegal

Lifestyle Communities’ business model is under serious threat after a ruling by VCAT President Justice Ted Woodward found its exit fee structure to be illegal. The ASX-listed land lease operator, which was valued at $861.9 million and placed in...

Click here

Ian Horswill

07 Jul 2025

Opinion

The law is an ass – and it has cost Lifestyle Communities $1.5 billion and counting

The tribunal in Victoria has ruled the contract requirement of departing residents from land lease operator Lifestyle Communities is void based on a legal/legislative wording, despite residents being well informed when they signed that contract...

Click here

Chris Baynes

18 hours ago

Community Living

Catholic Healthcare investing $600M to build connected communities across NSW

One of Australia’s largest Not For Profit providers of home care, residential care and retirement living services, is investing over $600 million over the next five years in five innovative connected communities in New South Wales. “We’ve spent...

Click here

Ian Horswill

07 Jul 2025

Government Policy

Regulator locks in new liquidity standards for aged care providers

The Aged Care Quality and Safety Commission (ACQSC) has released its consultation report on the draft Financial and Prudential Standards set to come into effect under the new Aged Care Act from 1 November 2025 – and as expected, the core liquidity...

Click here

Lauren Broomham

03 Jul 2025

Ingenia Communities and ABC’s Adele Ferguson on VCAT’s voiding of Lifestyle Communities’ DMFs

Ingenia Communities Group provides the following update in relation to the Group’s exposure to Deferred Management Fee (DMF) contracts across its portfolio. Ingenia has limited exposure to contracts which include a Deferred Management...

Click here

Ian Horswill

14 Jul 2025

Legal Issues

QCAT delays closure of Seasons Caloundra as residents win right to stay

The Queensland Civil and Administrative Tribunal (QCAT) has granted a stay on the closure of the Seasons Living Caloundra retirement village, allowing four remaining residents to stay in their homes until a legal review is complete. The Queensland...

Click here

Ian Horswill

11 Jul 2025

Legal Issues

Lifestyle Communities shares drop 37.22% as it appeals VCAT DMF ruling

The ASX-listed land lease community operator will appeal a Victorian tribunal ruling that struck down its Deferred Management Fee (DMF) clause – and seek a stay on the orders while the process plays out. The VCAT decision, handed down on Monday (7...

Click here

Ian Horswill

09 Jul 2025

Legal Issues

VCAT rules Lifestyle Communities’ DMF model illegal

Click here

Ian Horswill

07 Jul 2025