Topic - Aged Care

Opal opens $33m premium aged care home

Nov 12 2019 Updated May 3, 2023

The Weekly Source

1 min read

Opal Aged Care has opened the doors of a premium $33 million aged care home in Parramatta (pictured).

The high-end Winston Hills residency, 35kms from Sydney’s CBD, offers 95 beds with 89 singles and three companions suites, all with ensuites.

It is the latest in a significant push into Western Sydney for Opal, expanding their footprint with homes in Blacktown and Bankstown, amid a $300 million investment in the region.

Opal is one of Australia’s biggest residential care providers, with over 77 homes spanning across WA, NSW, VIC and QLD.

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...

Ian Horswill

22 Apr 2024

Opinion

Opinion: what could be on the table for aged care on Budget night?

With just over four weeks until the 2024-25 Federal Budget is announced on 14 May, anticipation is building for Treasurer Jim Chalmers to restore some much-needed certainty to the aged care sector. As we report in this issue, the Shadow Minister for...

Lauren Broomham

11 Apr 2024

Government Policy

New Quality Standards will come into effect with new Aged Care Act: Department confirms

The Department of Health and Aged Care has confirmed that the strengthened Aged Care Quality Standards will be rolled out at the same time as the new Aged Care Act. “The strengthened Standards have been finalised and will come into effect in line...

Caroline Egan

11 Apr 2024

Development

Seniors housing faces becoming “the roadkill of the NSW planning system”

Two major policies recently exhibited by the NSW Department of Planning, Housing, and Infrastructure (DPHI) could have major implications on seniors housing, said Ethos Urban Director Daniel West. The Weekly SOURCE stated last Tuesday that Daniel...

Ian Horswill

16 Apr 2024

Exclusive: Aveo to sell off its retirement villages in South Australia and Tasmania

Ian Horswill

22 Apr 2024

Topic - Developments

Why three-year fight to build 233 independent living units in NSW Mid North Coast is doomed

Congarinni North Pty Ltd’s appeal to the NSW Land & Environment Court to build 233 independent living units with recreational facilities, residential and visitor car parking on a 57.3ha site at Congarinni North, 1km northwest of Macksville, in...

Ian Horswill

22 Apr 2024

Topic - Housing News

Anglicare Sydney opens new Over 55s social housing site at Port Kembla

Growthbuilt has built 30 studio apartments as social housing for over 55s for the Not for Profit on the former Steelworks Hotel site in the Wollongong suburb, 94km south of Sydney’s CBD. The $10 million development has been jointly funded by the NSW...

Ian Horswill

22 Apr 2024

Community Living

Mirvac CEO Campbell Hanan meets Serenitas Managing Director Rob Nichols in Western Australia

Mirvac and Pacific Equity Partners Secure Assets agreement to pay $1.01 billion, for a 95% ownership, with Serenitas CEO Rob Nichols’ Tasman Capital Partners keeping 5%, has been settled. Now Mirvac’s Group CEO and Managing Director, Campbell...

Ian Horswill

22 Apr 2024