Retirement

An Aussie developer seeking to do their part in alleviating the housing crisis has revealed their latest project in the city’s outer eastern suburbs. See the plan.

Ryman Healthcare has announced a second expansion at its Ocean Grove retirement village on a 2.02ha site adjoining the current complex.

A developer who picked up a $17m harbourside block in Sydney is planning to turn it into high-rise apartments for seniors, complete with wellness centre and rooftop cocktails.

Retirement village operator RetireAustralia says demand has never been so strong as it rolls out hundreds of new units while also integrating its ‘continuity of care strategy’.

A simple, four bedroom home in the outer Western Suburbs has set a massive new price record – obliterating the previous mark by more than 25 per cent.

Over the next decade, the number of Baby Boomers passing retirement age is set to soar by a whopping 50 per cent.

New player Levande plans to develop more retirement villages and upgrade its existing lifestyle communities after its near-billion dollar entry into the Australian market.

A group of local investors sold the central site to New Zealand-listed Ryman Healthcare as it looks to capitalise on demand for retirement and residential developments.

Development giant Lendlease is stepping up its balance sheet clean-up, selling a 25% interest in its $1.8bn retirement living business to superannuation fund Aware Super. While the terms were not disclosed, the disposal amounts to …