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. Click here 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... Click here 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.. Click here 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. Click here 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. Click here 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. Click here 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... Click here 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. Click here 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... Click here 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... Click here 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... Click here 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. Click here 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... Click here Ian Horswill 10 Feb 2025