Opal HealthCare reveals latest aged care development pipeline

Australia’s largest residential aged care operator has four new aged care homes under development, with a total 620 beds.

• In western Sydney, the tower crane at St Clair Grove Care Community, 44km west of the Sydney CBD, was erected in March and construction is underway. The home will accommodate 120 residents and is expected to open mid-2027.
• In Brisbane, construction of 133-bed Clayfield Terrace Care Community, adjacent to Aveo’s Clayfield Retirement Village, 7km north of the CBD, is planned to commence mid-year. The home has been in planning since at least 2021, and is expected to open in 2028.

• Also in Brisbane, construction has commenced on 190-bed Ascot Grove Care Community. The home is co-located within Keyton’s Bernborough Ascot retirement village, adjacent to Doomben Racecourse, 8km northeast of the CBD. It is expected to open in late 2028.
• On Sydney’s Northern Beaches, Opal HealthCare has lodged a State Significant Development Application for the redevelopment of the existing aged care facility within Aveo’s Bayview Gardens Retirement Village, 30km north of the CBD. The new $98 million, 177-bed facility, Bayview Terrace Care Community, will feature single rooms with ensuites, contemporary indoor-outdoor living areas, a wellness centre, café and salon.

In addition, Opal HealthCare opened the 121-bed Croydon Grove Care Community (see main image), in Croydon, 30km east of the Melbourne CBD, in February. The home is co-located within Aveo’s Mingarra Retirement Living community.

Opal HealthCare’s development pipeline underscores the operator’s strategic shift towards aged care homes co-located within retirement villages.

Opal HealthCare is 50% owned by Singapore-based investment firm G.K. Goh Holdings, with 50% acquired by Sydney equity investors, Pacific Equity Partners, last year.