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Australian Unity officially opened the Campbell Place Residential Community in Glen Waverley on Wednesday, a new village intended to upgrade aged care to suit modern independent and assisted lifestyles for residents.
The local developer has plans for a 160 unit retirement village located off Ferrero Road which is valued at $60 million injection into the local community.
The city of Gladstone has joined with three local property developers for a community forum on how to attract retirement villages and other seniors living accommodation to Gladstone.
RetireAustralia has paid the money for a 99 year lease on 1.6 ha of golf course land. It will build three apartment towers ranging from 5 to 6 stories in height, which will feature 145 independent living apartments and 32 serviced apartments that can deliver higher levels of home care.
In the mid-2016 the major listed aged care operators introduced a new daily fee, commonly referred to as a capital refurbishment fee, and averaging $15 a day charge to residents.
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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.