Baby boomers drive demand for homes
WITH the shift to lifestyle villages combined with our ageing population, demand for retirement accommodation has never been higher.
Seniors Card Real Estate SA CEO Lynn Masson-forbes says the number of baby boomers seeking retirement accommodation was placing the retirement real estate market under strain.
‘‘There’s a huge shortage of places and what’s happening now is there is a real gap in the market between what people are currently being offered and what people are actually looking for,’’ she says. ‘‘There was a study done by Flinders University a while ago in association with the ECH and it shows the baby boomers are looking for a different type of accommodation and are looking more for the gated lifestyle where they can pack up and go a way when they want to,’’ she says.
‘‘It’s safe and secure and there’s no maintenance and, as they age, any assistance they require can be brought into the home. There is a real demand in regional areas because at the moment a lot of people are wanting to retire from regional properties and a lot of them are being forced down to the city because there are not the regional accommodation options they’re looking for.’’
Eldercare’s retirement housing manager Lynne Cleveland says the independent living units currently under construction at Eldercare’s Cottage Grove Facility had landscaped grounds which can be used by residents’ family and friends.
‘‘These units will have secure courtyards and paved external areas surrounding each unit to assist in access across the site,’’ she says.
COMMUNITY SPIRIT: Eldercare retirement village residents enjoy a Melbourne Cup lunch.