73718dac05c5241078b3598550806eef
Log in
Menu
Log in
Search
© 2024 The Weekly SOURCE
Topic - Aged Care

Southern Cross Care WA teams up with property developer for residential, aged care and retirement living precinct in Perth’s suburbs

1 min read

An artist’s impression of the new development

The state’s Labor government has announced the Not For Profit and WA and VIC-based Yolk Property Group as the preferred developers for a vacant 14ha site at Champion Lakes, 32km from the Perth CBD, in line with Premier Mark McGowan’s commitment to fast-track aged care developments.

Since he took office in March 2017, more than 30 aged care developments have been supported through land transfers, rezonings, development approvals and State Government land projects.

This development will include apartments, townhouses, standard and micro-lot homes, aged care and retirement housing.

WA has historically fallen short on meeting national targets for aged care beds and both State and Federal Governments are pushing to increase numbers.

As we covered here, Minister for Aged Care Ken Wyatt (himself a West Australian) has been working with the WA Government to encourage operators to build and run facilities there.

Top Stories
Community Living

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...

Ian Horswill
22 Apr 2024
Acquisitions

Breaking news: For Purpose Investment Partners’ aged care platform buys Graeme Croft’s Signature Care

For Purpose Aged Care Australia (FPACA), the aged care provider established by social impact investment vehicle For Purpose Investment Partners (FPIP), is moving forward on its vision of reaching 5,000 beds, acquiring 14 aged care homes – eight on...

Lauren Broomham
24 Apr 2024
Opinion

576 village sellers are waking up: buyers are knocking on doors as the demand and supply penny drops on seniors accommodation

With Aveo selling 16 villages and RetireAustralia, with 29 villages, now also up for full sale (again), we hear a lot about these big players in seniors accommodation, but little about the little guys – and there are a lot of them. In fact we have...

Chris Baynes
22 Apr 2024
Development

Seniors housing faces becoming “the roadkill of the NSW planning system”

Two major policies recently exhibited by the NSW Department of Planning, Housing, and Infrastructure (DPHI) could have major implications on seniors housing, said Ethos Urban Director Daniel West. The Weekly SOURCE stated last Tuesday that Daniel...

Ian Horswill
16 Apr 2024
You might also like
Topic - Editorial

Stockwell tells investors Solana Lifestyle Resorts will provide 10.5% cash return per year

Mark Stockwell’s QLD development business is actively promoting three land lease community investment funds based on Solana Lifestyle Resorts. Stockwell, which has set up 28 investment funds with $380 million of assets under management, is now...

Ian Horswill
28 Nov 2023
Topic - Editorial

Jason Howie: home care pricing uncertainty is stalling the sector

The uncertainty around the future of home care pricing - whether it will be market-based or a more fixed-price system - is putting the industry “on pause”, Jason Howie, Partner Strategy and Corporate Governance, Pride Living, has told The SOURCE.

Caroline Egan
22 Nov 2023
Topic - Editorial

Provider and aged care peak plead for exemptions to Vic payroll tax increases

The CEO of Victoria’s largest family-owned aged care provider and the head of the peak body for aged care providers have pleaded with the VIC government to exclude the aged care sector from increases to payroll tax in the state. At the recent...

Team Editor
14 Jun 2023
Topic - Editorial

Subscribe to SATURDAY digital magazine for unique interviews

Von Slater, Ingenia Communities’ Head of Development, tells the sector where the ASX-listed operator is heading in the subscription-only SATURDAY digital magazine. Then there’s interviews on integrated living next to a university with James...

Section Editor
12 Jun 2023
Log in