Recent media stories centered on the financial model of retirement villages in Australia have shone a light on the increasing financial pressures on older Australians seeking secure and affordable housing options. As our population ages, this challenge will only become more noticeable.
Australia’s ageing population is growing rapidly. Today, 1 in 6 Australians are aged 65 and over, and by 2041, the number of people aged 85 and above is projected to more than doubleThis demographic shift is creating significant demand for affordable, safe housing solutions that support older people to age with dignity and independence.
At Abound Communities, we recognise that the traditional retirement village model isn’t meeting the needs of many older Victorians, especially those facing financial vulnerability. Our unique approach ensures access to high-quality housing for those at risk of homelessness, particularly single older women, a demographic that is growing in number and need.
By creating affordable, supportive living environments, we aim to ensure that our residents can thrive without financial burden. Our commitment to this mission remains steadfast, especially as Australia’s ageing population continues to grow and the demand for affordable retirement housing increases.
As the landscape of retirement living evolves, we believe it is essential to keep the focus on the people who call our villages home. I invite you to learn more about how we are making a difference for older Victorians at risk, and how we’re working to create sustainable, community-driven solutions.
Our model is only possible because of the generosity of philanthropic support from donations of land to funds to support the building and maintenance of these homes. Please consider making a tax-deductible donation today to ensure the Abound Communities mission continues for future generations: https://lnkd.in/gQTtDZcZ