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.
Exclusive: Aveo to sell off its retirement villages in South Australia and Tasmania
Tony Randello, CEO of the nation’s leading retirement village provider, said the impending sale of its 16 retirement villages in South Australia and Tasmania “aligns with Aveo’s regular strategic review of opportunities across its portfolio”. The...