The Property Council Retirement Census is the most comprehensive aggregated data source about retirement villages in Australia.
The Retirement Census profiles the physical characteristics of village, ownership details, residents, business attributes (e.g. tenure, financial structure, operating overheads), sales, health and wellbeing, contracts, technology, and future development.
Improve performance: Participating village operators receive a detailed 50+ page report which assists them benchmark their performance against sector averages, identify their strengths and weaknesses, and remedy areas of underperformance.
Improve investment: The Retirement Census increases transparency and knowledge about the sector. This helps potential investors of the sector in order to promote investment in the retirement living sector.
Improve advocacy: The Retirement Census provides the Property Council with reliable data for policy decisions and government advocacy.
The affordability gap between retirement units and the traditional real estate market has widened, with fresh national data shining a light on retirement villages as an affordable housing option in the midst of an affordability crisis across the country.
The retirement living industry continues to play an important role in Australia providing safe, purpose-built accommodation at an affordable price for retiring Australians. The industry has exhibited resilience in the face of challenging market conditions with key market indicators remaining relatively steady in a year of financial and social turbulence.
The 2021 PwC/Property Council Retirement Census Snapshot Report gives a clear indication that retirement living in Australia has been recognised and valued for its role in keeping residents safe and secure over the past 12 months.
New data confirms that the Australian retirement living sector is trending towards a greater proportion of vertical communities and a growing number of new developments are providing a wider variety of services to residents than ever before.
Occupancy of retirement villages in Australia is close to capacity, highlighting the forthcoming shortage of age appropriate housing for senior Australians in their local communities, according to new data.