Re­tire­ment liv­ing: An ur­gent and grow­ing need

The Green, the new Fair­way Vil­lage at Lake­lands Country Club will help bridge the gap for Over-55’s life­style liv­ing – an ur­gent and grow­ing need in the North­ern Sub­urbs.

Joondalup Times - - NEWS -

Re­cent Stud­ies:

Lat­est stud­ies show there’s a short­age of 4,000 re­tire­ment homes for se­niors in West­ern Aus­tralia and it’s get­ting worse. In West­ern Aus­tralia, the sup­ply of re­tire­ment dwellings has been static for sev­eral years while de­mand has grown strongly. The present short­age is likely to in­crease dra­mat­i­cally un­less ad­di­tional re­tire­ment vil­lages are built, par­tic­u­larly in ar­eas like the north­ern sub­urbs which are now reach­ing ma­tu­rity. The lat­est stud­ies: 1. Con­clude that the dras­tic short­age of re­tire­ment hous­ing will worsen by 2025 when it fore­casts the num­ber of se­niors want­ing to live in re­tire­ment vil­lages will rise to 382,000 dou­ble cur­rent re­quire­ments. 2. High­light the need for ur­gent changes to state and lo­cal plan­ning poli­cies and laws. In­creas­ing govern­ment reg­u­la­tion and lengthy plan­ning de­lays are im­pact­ing sup­ply.

Re­stricted Choice

As wait­ing lists grow longer, Over-55’s wait sev­eral years be­fore they can buy. Their choice will be re­stricted and many will have to move away from their pre­ferred lo­cal­ity.

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