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Retirement villages in Australia : A literature review
Hu, Xin Xia, Bo Skitmore, Martin Buys, Laurie Zuo, Jian
Hu, Xin
Xia, Bo
Skitmore, Martin
Buys, Laurie
Zuo, Jian
Abstract
With the increasing growth in the ageing population of Australia, providing older adults with suitable housing has become a significant focus of policy and practice. Retirement villages are a type of housing that delivers specialized accommodation for older people. Although previous research focused on a variety of topics concerning Australian retirement villages, a systemic overview of the development of the industry is still lacking. Thus, the purpose of this paper is to deliver an overview of its development. Considering the scarcity of data regarding the industry, secondary data collected from various sources are analysed to present the whole picture. It is found that, although the industry has grown gradually in past decades, it is currently still in a formative stage. Its development is confronted with various issues and challenges including affordability, inadequacy of social and physical environment settings, low penetration level and challenges from the unique requirements of ageing baby boomers, technological applications and sustainability, and the lack of policy support. This paper provides a platform for researchers and industry stakeholders to plan for the future development and growth of this sector.
Keywords
retirement village industry, overview, ageing population, Australia
Date
2017
Type
Journal article
Journal
Pacific Rim Property Research Journal
Book
Volume
23
Issue
1
Page Range
101-122
Article Number
ACU Department
Faculty of Health Sciences
Collections
Relation URI
Source URL
Event URL
Open Access Status
Published as green open access
License
File Access
Open
Controlled
Controlled