Brisbane City Council is moving to plan ahead for the incoming ageing population of the city, as it anticipates a rise in demand of retirement village living.

Recent estimates gathered by the city council suggest demand for retirement and aged care housing will rise by 50 per cent by 2027 as the number of people aged over 65 surges.

The council has already sought to reduce barriers for village operators in the area by reducing infrastructure charges, and increasing allowable building heights in medium and high density areas, signalling the start of a growing and important trend in the vicinity.

Property specialist Knight Frank estimates that an additional 6757 independent living units for retirees will be needed in the city in the next three years alone, and the wider South-East Queensland region alone is expected to need double the amount of retirement living accommodation by 2050.

Additionally, the broad acre retirement village traditionally located in outer suburbs is quickly being replaced by multi-storey developments in suburbs close to the city, to cater to a lifestyle that remains closeby to family and nearby services.

RetireAustralia has imminent plans to support the population upswing and cosmopolitan retirement demand, by planning a potential build of 300 new living units each year for future residents.

The Brisbane-based company has development applications lodged for sites at Lutwyche, Tarragindi and Burleigh, and operates an existing 28 villages around Australia.