Retirement home

Developer Lendlease has announced it has entered into a development agreement with Brisbane Racing Club to develop a retirement and aged care precinct in Ascot. 

Retirement provider Aveo Group has been given the green light to build a $27 million aged care facility at its Albion retirement community, The Clayfield. 

A prime site in Forestville has sold to a boutique developer for more than $3.8 million.

Retirement specialist Aveo Group has exited a major commercial property holding, selling the Gasworks Plaza complex in Newstead, Brisbane, to AMP Capital for $248.4 million.

Retirement villages around the country are near full and will be unable to house the growing wave of older Australians, according to a report from the Property Council of Australia and PwC. 

Geelong multicultural and disability support and training provider Diversitat is set to expand into the eastern suburbs after securing a former aged care facility in a multimillion-dollar property deal.

One of New South Wales’ top 10 public access golf courses is on the market, with Tamworth’s Longyard Golf Course listed for sale.

A New Zealand healthcare firm has announced plans for a $100 million retirement village in Highton.

Retirement living in southeast Queensland is going high-rise, as a report shows almost a dozen people aged between 70 and 84 for every existing unit. This article originally appeared on theaustralian.com.au/property.