The 2016 PwC/Property Council Retirement Census, the largest annual snapshot of data and trends in the retirement living sector, has confirmed strong rates of occupancy and a continuing shift to an older resident.
This year’s Census, which is comprised of data provided by operators of more than 53,000 retirement and independent living units across Australia, found the average age of new residents has risen to 75 (from 74 last year), while the average age of current residents is 80.