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Sydney is forecast to be 190,000 homes short within 10 years, according to a just released Property Council report, which will push up residential homes and retirement village home prices.
66,321 people were searching to buy into a retirement village in the last month – that is 2,140 people every day. This represents an increase of 40% in 12 months.
Perth retirement village operator Roger Kwok has acquired the 79 apartment village Rylands of Kew and 84 apartment village Rylands of Hawthorn from Stockland. Both are prestige vertical retirement villages originally built by the Buxton family and sold to Stockland in 2008.
Aveo’s strategy to transform itself into a pure retirement village operator is starting to pay significant dividends
Private developer Greengate (Andrew Sweeney, Howard Smith, Matthew Fisher and the Myer Family) will next month complete their 89 apartment and 66 Suite agedcare facility St Brigid’s Green in Maroubra.
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Our fortnightly newsletter brings you all the tips and tricks you need for a successful retirement, covering everything from finances and property, to health and happiness. Get prepared and sign up here.