‘The other Census’ – increased participation, more rigorous analysis
While much attention has been paid recently to the ABS Census of Population and Housing and its related issues, leading advisory firm PwC are quietly and busily working to analyse the data collected in our annual PwC/Property Council Retirement Census.
With more than 100 data fields, the PwC/Property Council Retirement Census is the most comprehensive aggregated data source about retirement villages in Australia.
Examining the characteristics of residents, operators and villages, the Retirement Census has become the key tool for high performing businesses.
The data reports are due to be released later this year, however we can reveal:
- This year saw a 25 per cent increase in the number of participating operators;
- The Retirement Census data captured around 21 per cent of villages nationally;
- Roughly one third of villages covered in the Retirement Census are not-for-profits.
For the first time, investors and others will be able to purchase a detailed analysis report of the Retirement Census data; details will be available upon the Census’s release in November.
PwC will also release a shorter free snapshot report, however the most comprehensive deep-dive report will be exclusive to data contributors only.
You can ensure you’re the first to hear the results direct from Tony Massaro, Partner, PwC Real Estate Advisory, by registering now for the National Retirement Living Summit, to be held in Melbourne on 28 and 29 November.
More information about the Retirement Census, including stats from past collections, can be found on our mini-site here.