VIC: Former Commonwealth Games village becomes $23m seniors living

Oct 21 2010 Updated July 4, 2023

The Weekly Source

1 min read

The $23 million redevelopment of the former Commonwealth Games village has seen the Parkville site redeveloped as Mercy Place Apartments. The majority of the village has been built by Australand and comprises of 52 ILUs. A spokesperson for Mercy Place Apartments stated that a medical centre will open within months. Mercy Place Apartments is 80% sold.

VCAT rules Lifestyle Communities’ DMF model illegal

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Ian Horswill

07 Jul 2025

Mergers & Acquisitions

“Aveo is a fantastic business, run by a fantastic management team”: Scape CEO Stephen Gaitanos backs landmark $3.85B acquisition

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Community Living

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Government Policy

Regulator locks in new liquidity standards for aged care providers

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Lauren Broomham

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Strong start: eight of first 13 homes sold in opening week at Stockland Halcyon Illyarrie in WA

Halcyon Illyarrie in Sinagra is the first Stockland Halcyon over 55s community in Perth’s northern corridor and follows the successful launch of Halcyon Wildflower in Piara Waters, 20km south-southeast of Perth’s CBD, last August. Stockland...

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HammondCare’s $63M final restoration of its aged care heartland begins

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Ian Horswill

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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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Cushman & Wakefield tip “active” retirement living and aged care for landholding in blue chip Melbourne suburb

A landmark landholding in Melbourne’s blue-chip suburb of Hampton is set to enter the market and receive peak interest from both high-end developers and the buoyant Aged Care and Retirement Living market. The 3,662sqm site at 28-34 Service Street...

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12 May 2025