Development

1H25 financial reports reveal Stockland and Ingenia land lease community pipelines strong

The cost of living is clearly hitting parts of the retirement living sector, with the property downturn particularly severe in Victoria. Stockland through its Halcyon brand and Ingenia Communities’ Ingenia Lifestyle division are leading the sector...

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Ian Horswill

2 hours ago

Community Living

Eureka has $100M+ pipeline with all-age communities the focus

Chief Executive Officer Simon Owen, who took on the role at Eureka in August last year, said he is committed to continue to expand the Eureka business with all-age rental communities the focus. “Eureka’s pipeline of acquisition opportunities...

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Ian Horswill

3 hours ago

Community Living

Work starts on Summerset Group’s first Australian care home at its Cranbourne North village in Melbourne

The New Zealand continuum of care operator announced a record full year underlying profit for the year ending 31 December 2024 of NZ$206.4 million, up 8% on FY23, yet recorded a lower net profit net profit of NZ$339.8M (NZ$425.3M 12 months earlier)...

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Ian Horswill

4 hours ago

Development

AVID Property Group announces two new Vantage land lease communities with two more in pipeline

With development approvals for Vantage Lilywood in Moreton Bay and Vantage Logan Reserve in Logan, the recent entrant into the sector now has 11 active communities across southeast Queensland and Victoria. The latest news follows the recent...

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Ian Horswill

4 hours ago

Development

Principle Living has first of five retirement living projects 75% sold on NSW Hunter led by sector veterans

With a history in the late 90’s developing two of the highly awarded Glen Group villages, the Stevens property group has joined with Andrew Mann who built with his mother Sue, the Sue Mann Nursing and Community Care group which dominated the...

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Ian Horswill

4 hours ago

Development

New renders offer first look at Odyssey Robina’s fourth tower

The final tower at Phil Usher’s first private aged care venture on Queensland’s Gold Coast, which began in 2020, is taking shape. An additional 68 apartments add to the community, developed in consultation with residents. The eight-storey...

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Ian Horswill

5 hours ago

Development

Catholic Healthcare celebrates construction milestone for new aged care home on NSW Central Coast

Growthbuilt, the Not For Profit’s construction partner, hosted a Topping Out ceremony with representatives from both organisations gathering to witness a significant milestone in the construction of a new 102-bed residential aged care home at...

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Ian Horswill

21 Feb 2025

Development

Hall & Prior to operate Perth’s first purpose-built $65M Aboriginal aged care home

The 100-bed aged care home has been made possible thanks to a $25M Aged Care Capital Assistance Program grant, $10M secured from the WA Government in 2021 and the WA Government’s recent promise of an additional $5M capital grant and $10M low interest loan for the project.

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Caroline Egan

27 Feb 2025

Development

Infinite Care’s latest VIC facility expected to welcome first residents from October 2025

Infinite Care Knoxfield, the five-storey, 177-bed aged care home located 33km southeast of the Melbourne CBD, is taking shape, and with construction tracking well, is expected to begin taking admissions from late 2025.

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Caroline Egan

27 Feb 2025

Sector Moves & People

Another winner? Anglicare Sydney to open Mediterranean-style restaurant in a retirement village

Heirloom restaurant, which will look out to Woolooware Bay, will be built within the Not For Profit’s luxury Woolooware Shores seniors’ living village in Taren Point, 18km south of Sydney’s CBD. With Growthbuilt having almost completed the...

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Ian Horswill

24 Feb 2025

Selling

$110M in sales as new homes released at GemLife Gold Coast

The $200 million 46ha lifestyle resort for over 50s in Pimpama is about to launch its Stage 3 release of 143 homes, priced from $880,000, the first released in 10 months. All 111 of the standard homes released in the first two stages of the land...

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Ian Horswill

24 Feb 2025

Development

Stockland Halcyon’s latest land lease community given go-ahead after being lodged in late 2022

The diversified property developer, which names 14 land lease communities in development in its 1H25 Annexure, has been granted a material change of use to create another community on 20ha of rural land in Yandina, on the Sunshine Coast. The...

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Ian Horswill

24 Feb 2025

Development

Uniting NSW.ACT’s senior housing development in Shellharbour priced at $127M

The Weekly SOURCE revealed in December last year the Not For Profit had lodged two applications to Shellharbour City Council to develop the first stage of a seniors housing development in Shellharbour City Centre. The article stated a Modification...

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Ian Horswill

24 Feb 2025