Rebuilds

$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

Community Living

Stockland Halcyon’s 214-home Vasse land lease community in WA approved

The state government’s Regional Development Assessment Panel approved the Sydney-based diversified property developer’s third over 55s lifestyle resort in WA on Thursday, 6 March. Stockland Project Director Andrew Wallis said: “Following the...

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Ian Horswill

10 Mar 2025

Development

Southern Cross Care QLD opens $36M aged care home in Chinchilla after five years of planning

The town of Chinchilla, about 300km west of Brisbane, population 7,000, is the location of the Not For Profit’s new 81-bed aged care facility, Illoura.

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Caroline Egan

13 Feb 2025

Government Policy

Uniting Communities wants to create intergenerational living in rezoning appeal to SA Govt

The Not For Profit has big plans for a 2.3ha site in the suburb of Felixstow, 6.7km from Adelaide’s CBD, where its Aldersgate Residential Aged Care Facility including the State Heritage listed Forsyth House lies. It is seeking a rezoning of the...

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Ian Horswill

10 Feb 2025

Development

Resthaven bids to replace existing aged care home in Marion, Adelaide

South Australian Not For Profit Resthaven has lodged plans to redevelop its Marion site, 10km south of the Adelaide CBD, including building a 150-place residential aged care home, with the existing home on the site recently marking its 50-year...

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Caroline Egan

06 Feb 2025

Development

Limited advance release for Paul Slijderink’s unique Balinese-inspired Ipswich continuum of care retirement village

32 villas and 14 apartments are now open to expressions of interest for Abadi Gaia retirement village, which will be built in Ipswich, 43km southwest of Brisbane, with construction starting in 2026. “Abadi Gaia will not only deliver the highest...

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Ian Horswill

09 Dec 2024