Rebuilds

Ceremony to mark Resthaven’s $100M 150-bed aged care home and Wellness Centre redevelopment

The Not For Profit South Australian aged care, retirement living, and home care provider Resthaven has turned the first sod on Stage One of its $100M Marion site redevelopment, at an event attended by CEO Darren Birbeck, with work set to begin late next month.

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Caroline Egan

17 hours ago

Rebuilds

IRT to lodge State Significant Development Application for historic Woonona site on NSW South Coast

IRT has now lodged a State Significant Development Appliction to rebuild the site which housed ITR Woonana Retirement Village and IRT Woonana Aged Care, which were built in 1970s..The Not for Profit states the development will set a new benchmark for senior living.

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Ian Horswill

28 Jul 2025

Rebuilds

Eureka gets green light to replace 21-unit Pioneer Place with 11-storey, 153-unit seniors tower

ASX-listed Eureka Group Holdings, the largest dedicated provider of seniors rental accommodation, has approval from City of Gold Coast to redevelop a 21 unit village Pioneer Place in Southport, with an 11-storey tower with 153 units.

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Ian Horswill

28 Jul 2025

Development

SA NFP Barunga Village Inc’s $24M 5-year masterplan dependent on Govt funding

The South Australian Not For Profit provider has unveiled an ambitious five-year masterplan of its aged care site in Port Broughton, 175km northwest of Adelaide.

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Caroline Egan

09 Jul 2025

Rebuilds

Zig Inge Group see $5M facelift to retirement village they sold to Aveo

Peter Inge, widely acknowledged as one of the most successful, experienced and knowledgeable retirement village operators in the country, brought his executives to see the result of two years of refurbishment at a village his business sold to Aveo...

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Ian Horswill

03 Jun 2025

Development

$1M per bed: Victorian Govt completes Rutherglen aged care home

The Victorian Government has completed the $57.1 million construction of a 50-bed aged care home in Rutherglen, located 300km northeast of Melbourne, population 3,000., which equates to $1 million a bed..

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Caroline Egan

29 May 2025

Rebuilds

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

HammondCare’s final transformation of its flagship Hammondville site, 31km southwest of Sydney’s CBD, with two new multi-storey aged care homes began on Wednesday with the demolition of the original 93-year-old Bond House nursing home.

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Ian Horswill

22 May 2025

Development

Vantage Hervey Bay land lease community welcomes first residents after 12-month build

Less than 12 months after residential developer AVID Property Group entered the land lease sector, residents are moving into its first community, Vantage Hervey Bay, with AVID General Manager Land Lease Communities Manuel Lang saying there is strong demand for flexible over-50s housing.

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Caroline Egan

05 May 2025

Development

ICAM targets expansion to 10-15 villages as Adelaide village undergoes major revamp

The Adelaide investment firm is set to significantly grow its retirement living portfolio over the next few years as the company continues to enhance its existing three retirement villages, such as its latest project at Kings Park Retirement Village in Adelaide.

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Lauren Broomham

28 Apr 2025

Redevelopments

800 people object to Forestville RSL redevelopment with retirement village units to replace declining gambling income

With the Board looking to the future of less poker machine income and submitting a new clubhouse and 55 village apartments, a petition with 800 signatures and counting is being submitted to Council as a DA objection to the $77 million...

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Chris Baynes

28 Apr 2025

Mergers & Acquisitions

Vacant Mercy Health facility in Newport, Melbourne, sells for $154K per bed

The 37-bed aged care home in Newport, 7km southwest of the Melbourne CBD, has been acquired from Not For Profit Mercy Health for $5.7 million.

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Caroline Egan

17 Apr 2025

Development

RSL LifeCare reduces expansion of Bullecourt Retirement Village in ACT

The charitable organisation has resubmitted a smaller expansion of the village in Kaleen, a suburb in the Belconnen district of Canberra, after opposition to a previous proposal in 2022. The new $35 million proposal reduces the building heights to...

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Ian Horswill

17 Mar 2025

Development

Detailed plans to redevelop Highgate Park, Fullarton, Adelaide, for Living Choice and Opal HealthCare revealed

Ian Tregoning and Graham Hobbs’ retirement living business and the ASX-listed aged care provider bought the 2.8ha of land, which included the historic Julia Farr Centre, for $42 million in January 2024. Now detailed plans have been submitted to...

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Ian Horswill

10 Mar 2025