Land lease community operator makes South Australia move
Vivacity expands into South Australia with new acquisitions
- Market entry: Acquires Goolwa North and Encounter Bay communities
- Growth pipeline: More than 600 additional homes approved across both sites
- National expansion: Portfolio now spans 12 communities and 3,000+ homes
- Long-term strategy: Focus on measured growth and community investment
Sydney-based land lease operator Vivacity Property is continuing its national expansion.
Vivacity has entered the South Australian market, acquiring OceanView Lifestyle Estate’s community at Goolwa North, on the Murray River, 66km north of Adelaide; and its Encounter Bay community, overlooking Rosetta Harbor, 87km south of the state capital.
“The move comes as demand continues to rise for well-located, lower-maintenance living options that offer a strong sense of community, particularly in coastal and lifestyle-driven regions,” a Vivacity Property spokesperson said.
“Rather than pursuing rapid expansion, Vivacity’s strategy is focused on carefully selecting locations where it can invest for the long term, building on existing communities, enhancing resident experience, and delivering future stages in a measured way.”
The communities are:
- OceanView Lifestyle Estate’s established 158-home community with approval for a further 170 homes in Goolwa North; and
- OceanView Lifestyle Estate’s approved greenfield site for more than 300 homes in Encounter Bay.
In September last year, Vivacity Property broke ground on a $320 million 504-home land lease community in Coral Cove, Bundaberg. Stage 1 is now selling.
In December last year, Vivacity Property also acquired a 210-home community in Glenvale, Toowoomba, with approval for a further 114 homes.
In addition, the operator confirmed to The Weekly SOURCE that it has an active development underway in Fraser Lakes, Hervey Bay.
“Together, the portfolio now spans 12 communities nationally, with more than 3,000 homes across operating, approved and future stages, currently representing over 1,000 residents and growing,” said a spokesperson.
Long-term ownership, not short-term expansion
Founder and Managing Director Jonathon Mendez said the expansion reflects Vivacity’s long-term approach to building and operating communities.
“We are not short-term developers, we are long-term custodians of communities. South Australia is a natural next step for us. Locations like Goolwa and Encounter Bay already have a strong sense of place, and our role is to build on that, carefully, respectfully and over time,” Jonathon said.
“At Goolwa North in particular, we are looking forward to investing in the existing community, improving facilities, supporting connection between residents, and thoughtfully delivering the approved expansion to welcome new residents in the years ahead.
“Across every market, our focus is the same: create places where people feel proud to live, supported in their day-to-day lives, and connected to those around them.”
Vivacity added that it continues to pursue opportunities selectively, supported by institutional capital and an integrated platform across acquisition, development and operations.
