Record Breaking

Goodwin hits a six with purchase of Araluen Retirement Village, Canberra

Canberra Retirement Villages has managed the 109-villa retirement village in Fisher, 15km southwest of the nation’s capital city centre, for more than 20 years. “It made strategic sense for us bringing Araluen into the Goodwin family as this...

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Ian Horswill

29 Oct 2024

Development

Aegis announces new eight-storey health facility including aged care in Perth

Family operated Aegis Health has announced it will build an eight-story, state-of-the-art facility in the Perth suburb of Joondalup, 26km north of the Perth CBD. The new facility will build on Aegis Health’s experience with the Murdoch Square health...

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Caroline Egan

10 Oct 2024

Development

Baby Boomers will pay if their expectations are exceeded: Glen Brown, Reside Communities

Reside Communities is set to raise the bar in village pricing strategies and resident expectations, and being rewarded with 50% sale price increases. Esperance Hope Island, on Queensland’s Gold Coast, is challenging the standard retirement village...

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Ian Horswill

18 Jun 2024

Record Breaking

Uniting’s biggest-ever project finally advances after seven years with $376M budget

The Not For Profit has revealed the size of its proposal for its Uniting War Memorial Hospital site in Waverley, 7km east of Sydney’s CBD. Simon Furness, Director of Uniting’s Housing and Property, bemoaned at the Property Council Retirement...

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Ian Horswill

17 Jun 2024

Record Breaking

Palm Lake Resort’s Pelican Waters land lease community breaks record with $4M+ sale

Branded as Australia’s most exclusive over-50s lifestyle resort, Pelican Waters is living up to the label. With 30 homes already occupied at the resort and another 30 under contract, with three-bedroom homes selling for around $1.2 million, the...

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Ian Horswill

04 Jun 2024

Aged Care

Hospital bed crisis is aged care crisis – 375 new beds every month required

According to a study by Deloitte, the growth in new hospital beds over the next 15 years has stalled at around 95,990 beds. Their report however states that by 2036 the country will require 148,317 beds, a 55% increase. Deloitte calculates that to...

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Chris Baynes

28 Mar 2024

Out of the Ordinary

Seniors to live in 43sqm homes in social housing trial in Perth, Western Australia

Four seniors from the public housing list are going to be the first to live in tiny houses being proposed for social housing in the State. Western Australian Government Housing Minister John Carey unveiled the Summit Homes’ tiny homes in...

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Ian Horswill

25 Mar 2024

Record Breaking

With all 174 retirement living apartments sold, Ryman HealthCare’s John Flynn Retirement Village opens in style

The fastest-selling village in Ryman’s history in Australia was officially opened to around 200 people last Wednesday (13 March 2024). “The construction of the village faced huge challenges outside of our control during COVID-19, but few villages...

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Ian Horswill

18 Mar 2024

Development

Perth’s MercyCare Maddington opens doors to residents

WA Catholic Not For Profit aged care provider MercyCare opened its Maddington aged care home, 20km southeast of the Perth CBD, earlier this month and accepted its first residents. The 108-bed home is built around the small household model of care...

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Caroline Egan

14 Mar 2024

Retirement and Community Living

EQT Group’s Metlifecare is on track to build record 300 retirement homes in 12 months

The New Zealand operator, which has continuum of care offered at 65% of its 37 operating retirement villages, recorded a net loss after tax of NZ$22.1 million after a period of investing for growth. Its fair value gain on investment property was...

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Ian Horswill

26 Feb 2024

Selling

The owner operator that has sold 600 dwellings in just six months

When Adrian Puljich, GemLife founding Director and CEO, spoke in the afternoon of the LEADERS SUMMIT 2022, everyone rushed back into the auditorium. DCM Group CEO Chris Baynes called Adrian’s speech a “masterclass in successful retirement living...

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Ian Horswill

20 Feb 2024

Development

First slabs poured for Ingenia Lifestyle’s biggest ever development

The population of Morisset is predicted to double to 50,000 people over the next decade, according to the Regional Australia Institute

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Ian Horswill

11 Dec 2023

Government Policy

Land lease sector welcomes first shake-up of planning laws in NSW in 30 years

The NSW Government has begun a comprehensive review of the planning and approvals processes for caravan parks, camping grounds, manufactured home estates and moveable dwellings. The proposed changes by the NSW Department of Planning are to...

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Ian Horswill

28 Nov 2023