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The Federal Government has included a downsizing policy in Tuesday’s Federal Budget release, by introducing an incentive that will entice, and make easier for retirees to invest proceeds from the sale of a house into their superannuation.
On Tuesday, Ingenia Group announced their latest addition to a portfolio of leisure-lifestyle communities, the BIG4 Bonny Hills Holiday Park, on the New South Wales Mid-North Coast. The purchase is part of the group’s enhancement of Ingenia Lifestyle & Holidays communities, alongside their Ingenia Garden Villages; the latter being the largest community of rental retirement villages in Australia.
One of Western Australia’s most well-known retirement village and aged care providers, Bethanie, have once again made news this week with the opening of the second stage of their Bethanie Peel Community Housing development in Coodanup.
The Village Coorparoo at Coorparoo in QLD was named Best Retirement Living Development at the National Awards held last week.
The $15M plan will see 26 new homes built at the 61-unit Balmoral Retirement Village in Dernancourt, northeast of the city.
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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.