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The Merewether Golf Club, 3km from the centre of Newcastle, has proposed building between 115 and 150 luxury apartments on the course as it looks to keep the club afloat.
RetireAustralia’s highly popular Glengara and Forresters Beach retirement villages have reported that an exclusive quantity of brand new villas in each community are now up for sale, following on from a remarkable 113 out of 117 villas being acquired by new residents in the past year.
The long awaited Cranbrook Residences Bella Vista has finally welcomed its first residents to the community in the last week of July.
Stockland’s Managing Director and Chief Executive Officer, Mark Steinert, has recently commended South Australia as one of their most high-performing regions in the retirement village market, and urges consumers to ‘embrace changes’ unfolding in the state.
Australian seniors aren’t the only national demographic creating new demand amongst retirement village operators and lifestyle providers. In fact, two major retirement village groups in New Zealand have recently reported the same trends.
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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.