Compare Communities - Australia's leading choice for buying into a retirement village. Compare options, and save up to $15k on your new home.
Contact us at 1300 190 547
Compare Communities - Australia's leading choice for buying into a retirement village. Compare options, and save up to $15k on your new home.
Contact us at 1300 190 547
Bridgewater Lake Retirement Estate will host an exclusive hands-on workshop, run by celebrated Melbourne artist Ted Dansey next month. The acclaimed watercolour artist will visit the Roxburgh Park retirement community on Friday, 19 July, taking residents and other local artists through his artistic philosophy and the insights he’s gained throughout his career.
As Australia’s population continues to age, the demand for retirement living solutions is set to grow substantially. Over the next decade, the total targetable market for individuals looking for a retirement village in Australia is projected to reach approximately 2.3 million people. This burgeoning market presents both opportunities and challenges for developers, policymakers, and the community at large.
As the baby boomer generation reaches retirement age, a significant portion of the Australian population is contemplating their future living arrangements. Recent surveys indicate that around 5 million Australians are exploring options like retirement villages, communities, and developments designed for those aged 55 and above. This demographic shift not only highlights the growing need for senior housing but also underscores the diverse preferences and requirements of today’s retirees.
In recent decades, the age at which most people retire has been steadily climbing. Recent research by KPMG has found that the retirement age has now reached its peak: 66.2 years for men and 64.8 years for women. This is a significant increase from the average retirement ages in 2004, which were 63.5 years for men and 61.8 years for women. This trend highlights a profound shift in the workforce and societal norms regarding retirement.
