What defines a retirement village? Who are they for? And what are the benefits?
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19 September 2023
| Retirement Living
There’s no doubt that retirement villages are becoming an increasingly popular lifestyle choice for Australian seniors.
A recent study by the Australian Housing and Urban Research Institute revealed that retirement villages are projected to house 7.5 per cent of people over the age of 65 by 2025, with the number expected to continue in an upward trajectory.
But what exactly is the attraction to retirement villages? How big are they, and what are they like to live in? Are they worth the investment and the effort of uprooting? We’re here to answer all your questions and more.