Building a retirement village with less than 100 units is no longer financially viable given the cost of development, say operators – are ‘care campuses’ the next stop?

With operators already shifting their focus to larger developments focused on continuum of care, big sites that offer the potential for diversifying revenue streams are one solution to expanding housing and health care options for older Australians.

The 2022 PwC/Property Council Retirement Census found the average size of newer villages was trending ‘smaller’ – but that trend is now heading in the other direction as the cost of development continues to rise.