{"id":2208,"date":"2023-07-27T23:03:29","date_gmt":"2023-07-27T23:03:29","guid":{"rendered":"https:\/\/blog.villages.com.au\/?p=2208"},"modified":"2023-07-27T23:03:29","modified_gmt":"2023-07-27T23:03:29","slug":"retirement-living-is-cheaper-than-ever","status":"publish","type":"post","link":"https:\/\/blog.villages.com.au\/retirement\/retirement-living-is-cheaper-than-ever\/","title":{"rendered":"Retirement living is cheaper than ever"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>With property prices still rising, the retirement living sector is trumpeting that its homes are comparatively cheaper now.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cThis week at a fabulous ECH Inc. community we launched the latest Retirement Living Census. It reveals that an average two-bedroom retirement village unit across Australia is 48% cheaper than the median house price in the same postcode,\u201d said Retirement Living Council Executive Director Daniel Gannon.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cThis is an incredible value proposition at a time when governments are looking for supply and affordability solutions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>\u201cAt a time when national housing affordability is eroding, and health care costs are also growing, the value proposition of retirement communities is strengthening \u2013 but there are some warning bells starting to sound,\u201d he said, adding there is a decline in the forecast supply pipeline.<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>The PwC Property Council Retirement Census shows that across the 18 months to December, the average cost of a two-bedroom retirement village unit in Australia grew by 6.6% to $516,000, compared with a 26% price rise for a similar property in the open market.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>With property prices still rising, the retirement living sector is trumpeting that its homes are comparatively cheaper now. \u201cThis week at a fabulous ECH Inc. community we launched the latest Retirement Living Census. It reveals that an average two-bedroom retirement village unit across Australia is&#8230;<\/p>\n","protected":false},"author":1,"featured_media":2138,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","om_disable_all_campaigns":false,"_mi_skip_tracking":false,"footnotes":""},"categories":[72,70],"tags":[74,103,83],"class_list":["post-2208","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-health","category-retirement","tag-aged-care","tag-rental-villages","tag-retirement-villages"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.villages.com.au/blog\/wp-json\/wp\/v2\/posts\/2208","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.villages.com.au/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.villages.com.au/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.villages.com.au/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.villages.com.au/blog\/wp-json\/wp\/v2\/comments?post=2208"}],"version-history":[{"count":1,"href":"https:\/\/www.villages.com.au/blog\/wp-json\/wp\/v2\/posts\/2208\/revisions"}],"predecessor-version":[{"id":2209,"href":"https:\/\/www.villages.com.au/blog\/wp-json\/wp\/v2\/posts\/2208\/revisions\/2209"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.villages.com.au/blog\/wp-json\/wp\/v2\/media\/2138"}],"wp:attachment":[{"href":"https:\/\/www.villages.com.au/blog\/wp-json\/wp\/v2\/media?parent=2208"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.villages.com.au/blog\/wp-json\/wp\/v2\/categories?post=2208"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.villages.com.au/blog\/wp-json\/wp\/v2\/tags?post=2208"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}