Retirement community population is actually double the retirement village population

May 28 2008 Updated July 4, 2023

The Weekly Source

1 min read

The Australian Research Council (ARC) research project investigating independent seniors
living alternatives, has identified that 10.8% to 12.4% of Gold Coast residents aged 65
and over live in a retirement community, twice as many as the 4.35% reported in the 2006
census. The ABS uses the Retirement Village Act as its definition where ARC included
retirement communities and manufactured home parks in the $1.5 million ARC Linkage
Grant study. The study is partly funded by retirement village operators.

Australian Senate votes for two separate inquiries into aged care reform

The Senate has voted to establish two new Senate inquiries into the Government’s historic aged care reforms, rollout out on the weekend after years of preparation, amid concerns they will not deliver for older Australians.

Click here

Caroline Egan

04 Nov 2025

Government Policy

No excuse for providers to not be ready on 1 November: Aged Care Minister Sam Rae

Aged Care Minister Sam Rae has told ABC radio the Aged Care Rules have been in place for “a significant amount of time” and the Government has been listening to and supporting to the sector, “so, there really isn’t an excuse from any provider to not be prepared for 1 November”.

Click here

Caroline Egan

23 Oct 2025

Mergers & Acquisitions

Aged care consolidation continues: Regis Aged Care on the march

The ASX-listed operator has entered into binding agreements to acquire family-owned OC Health’s two remaining aged care homes for $45 million plus a $36 million liability for RADs. The purchase of Ocean Mist, in Torquay, a seaside town southwest of...

Click here

Caroline Egan

23 Oct 2025

Opinion

Retirement villages now hot investments: Here is why

Aveo is even sweeter in that it has been moving its contracts to a mix of upfront payments rather than the DMF. In March 2024, we reported in The Weekly SOURCE that a third of new Aveo customers have chosen an alternative to the traditional deferred...

Click here

Chris Baynes

04 Nov 2025

Roshana Care Group expands its Victorian aged care footprint

Western Australian operator Roshana Care Group has added a third Melbourne site, acquiring Graceland Manor, a 45-bed aged care home in Elsternwick, 9km south-east of the CBD.

Click here

Caroline Egan

12 hours ago

Topic - Acquisitions

Can Aveo’s owner Scape Australia take over retirement village operator Keyton?

It is understood that Scape Australia – now rebranded as The Living Company – is the only bidder still seriously pursuing Keyton, Australia’s largest retirement village operator, whose minority stake held by Lendlease is up for sale. As...

Click here

Ian Horswill

04 Nov 2025

Topic - Acquisitions

Mergers & Acquisitions

SA fund manager ICAM extends seniors living portfolio into NSW

Adelaide-based fund manager ICAM has expanded its seniors living footprint into New South Wales with the acquisition of Signature Gardens Retirement Resort in Rutherford, in the Hunter region.

Click here

Lincoln Place hits $44M in development acquisitions in nine months

Land lease community operator Lincoln Place, founded in 2019 by Ben Hindmarsh and Nicholas Collishaw, has added another major project to its pipeline, acquiring a 16.3-hectare greenfield site in Wangaratta, 98km from Shepparton, Victoria.

Click here

Ian Horswill

31 Oct 2025