With the PwC / Property Council Retirement Census 2023 stating the vacancy rate in a retirement village is 5% and Retirement Living Council Executive Director Daniel Gannon stating retirement villages are as good as full, this story shocked us.
The two bedroom duplex in the resident-funded retirement village in the northwestern suburb of Adelaide, 10 km from the CBD, has been listed for sale for more than 2380 days at $235,000, according to website realestate.com.au.
James Ansaldi Real Estate manage and market The Parks Retirement Village; Chippendale Retirement Village in Modbury, in the city's outer northeastern suburbs; and Rosetta Retirement Village in West Croydon, 5km west of the CBD. The latter two villages are fully occupied.
"It is true, but it is because we are in the midst of refurbishing the duplex. There is a waiting list for a home in that retirement village and when we will have finished with it, it will cost more. I will get the price taken down," said James.
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