Laughter, cherry blossoms, and a bus full of new friendships — that’s what life looked like for The Verge at Burleigh G.C. Retirement Village residents who travelled together to the Toowoomba Carnival of Flowers last week.
Led by Jeff Burchell, Chair of The Verge’s Social Committee, the day trip brought together 42 residents from The Verge, along with friends from The Green Tarragindi Retirement Village and Drayton Villas Retirement Village, for a colourful celebration of connection and community.
In total, 91 people joined the day. The Verge residents first collected friends from The Green before heading to Queens Park gardens. At Drayton, Jeff presented gifts before everyone enjoyed lunch and a tour with the Drayton team and residents. The day finished at the serene Japanese Gardens, where the group spent time together before returning home.
“We just love it”
Exploring Queens Park and the Japanese Gardens, residents were immersed in colour — and each other’s company.
“The highlight for me was seeing all the gardens,” said Verge resident Jenny Egan. “We enjoy all the people, and of course Jeff organising events like this — he’s absolutely amazing.”
Her husband Jeff agreed: “It’s a great community and we all work together, look out for each other. We just love it.”
For Lynne Girvan, the day was about more than flowers. “This is the first big event we’ve joined, and I’ve met people today I didn’t even know lived at The Verge,” she said. “That’s what’s so lovely about these outings — they bring people together. And the cherry blossoms in the Japanese Gardens were just beautiful.”
“The Verge is my second family”
Resident Margaret Creer said days like this are exactly why she calls The Verge her forever home.
“There’s always something on, and whenever there’s a trip, if I can do it, I’ll join. You meet other people and it’s lovely. There’s a lot of camaraderie at The Verge — that’s what makes it so special.”
She added with a smile: “At my age in life, I think I might not be able to later, so I try to join in with everything that’s going on.”
For Jeff, who organised the day, the trip wasn’t just about seeing flowers — it was about strengthening the bonds that make retirement living so rewarding.
“After we had the inter-village bowling day at The Green earlier this year, we made some great friendships, so we invited them this time too. We’ll continue to include other villages when we have events like this because we all belong to the same family.”
From sharing stories over lunch to strolling through Toowoomba’s floral displays, the Carnival of Flowers gave residents more than just a scenic day trip. It offered connection, joy, and a reminder of the wellbeing benefits of community living — where friendships, activities, and support are always close at hand.
“After the success of today, I think we’ll continue to see even more of these community gatherings. It brings everyone closer together,” said Jenny.
The Toowoomba Carnival of Flowers, held annually in September, attracts thousands of visitors to celebrate the city’s spectacular blooms. Much like the blossoms in Toowoomba, the community spirit at The Verge is vibrant, colourful — and always growing.
Want to see another example of The Verge residents building connection through shared experiences? Read about their inter-village bowls day: Rolling together: Building connection through bowls.
Want to discover life at The Verge?
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RetireAustralia owns and operates retirement villages in 29 unique urban, seaside, tree-side and regional locations.
After decades living in Sydney’s Eastern Suburbs, Carmel never imagined she’d one day call Queens Park Retirement Village home—especially after spending 25 years living right next door.
“I used to hear music coming from the village and joke, ‘When I grow up, I’m going to jump the fence and live there,’” she recalls. Five years ago, she did just that.
Carmel’s move was prompted by a conversation with her financial advisor, who warned that renting would quickly deplete her savings. “I didn’t think I could afford it,” she says. “But he said, ‘If you rent, you’ll go through your savings in no time.’ It turned out to be the best advice I’ve ever received.”
In the midst of a housing and aged care crisis, Queens Park offers something rare: affordable, assisted living for older Australians in one of Sydney’s most desirable locations. Nestled beside Centennial Parklands and just minutes from Westfield Bondi Junction, this boutique village is redefining what it means to age well.
Unlike traditional aged care, Queens Park doesn’t require an ACAT assessment or have long waiting lists. Residents enjoy beautifully refurbished serviced apartments, daily meals, cleaning and linen services, and access to personal care—all while maintaining their independence.
For Carmel, the move to Queens Park has been transformative. She’s formed close friendships within the village and stayed connected with friends nearby. Whether it’s bingo, happy hour, Zumba, or catching up with old friends and getting out to the nearby Bronte Beach, she embraces the independence and flexibility that life at Queens Park offers.
“It’s like family here,” she says. “The staff are wonderful—I call them the Queens Park Angels.”
With 24/7 on-site staff and a warm, welcoming atmosphere, Queens Park offers peace of mind for residents facing health challenges. Carmel, who is preparing for two shoulder replacement surgeries, says knowing support is available when needed makes all the difference.
“I always say, if I won Powerball, I’d still live here,” she laughs. “It’s close to my happy places, and I couldn’t be in a better spot.”
For older Australians seeking affordable, assisted living in a vibrant and well-connected location, Queens Park Retirement Village is proving to be a hidden gem.
Learn more: Queens Park Retirement Village
RetireAustralia has completed its latest expansion on the NSW Central Coast, delivering 42 premium one- and two-bedroom independent living apartments at Tarragal Glen Retirement Village. The milestone brings the total number of homes in the village to 479 and follows expansions at its other three Central Coast villages in the last five years.
The $40 million project is set for first move-ins from October, with prices ranging from $680,000 to $1.2 million. Over 30 homes have sold in the village this year, which has a waiting list, highlighting sustained demand for high-quality retirement living in the region.
Elegant, accessible design meets everyday functionality in the latest apartments at Tarragal Glen Retirement Village.
Designed by Marchese Partners, the apartments offer a choice of three distinct layouts, many enjoying sweeping views across the village or adjacent parklands. Each home has been purposefully designed to support ageing in place, featuring premium finishes, step-free access, spacious kitchens and bedrooms, and enhanced bathroom layouts to accommodate carer support if ever required. A discrete personal emergency response system is included in every apartment, and residents also benefit from access to RetireAustralia Home Care services to support their independence over time.
New apartments at Tarragal Glen feature light-filled living and elegant design.
The project also includes a range of village improvements, including a new resident workshop, BBQ area with outdoor furniture, upgraded gardening and maintenance facilities and additional parking.
New residents will enjoy Tarragal Glen’s well-established facilities, including a country club with bar, hairdressing salon, library, indoor heated pool, gym, outdoor entertainment areas, bowls green and a village bus—offering connection, comfort and customised support in a vibrant community setting. Conveniently located next to Erina Fair Shopping Centre, residents also have immediate access to retail, dining, medical services and everyday essentials, making it easier to stay active, independent and connected to the broader Central Coast community.
Village resident Greg Holbut said, “We love the sense of community and belonging at Tarragal Glen—it really feels like home. The location is unbeatable, with shops, transport, and medical facilities all close by, and it’s reassuring to know support is available if our needs change. The new apartments look fantastic and fit in beautifully with the village.”
RetireAustralia CEO Brett Robinson added, “Tarragal Glen is a much-loved part of the Central Coast community, and this next stage is about building on that strong foundation. We know there’s growing demand for quality retirement living, and we’re proud to be creating homes where people feel connected, supported and genuinely at home. It’s about more than just housing—it’s about community, lifestyle and peace of mind.”
RetireAustralia’s Tarragal Glen Retirement Village is located at 110 Karalta Road, Erina. For more details visit: retireaustralia.com.au/tarragal-glen.
RetireAustralia’s National Manager – Learning & Development, Murray Humphrey, has been named Learning & Development Manager of the Year at the Institute for Learning & Performance’s Asia Pacific Learning Impact Awards.
Notably, Murray’s achievement comes after competing against finalists from some of Australia’s largest national corporates, including 7-Eleven and Mirvac, making this recognition even more significant for RetireAustralia and the retirement living sector.
“We’re incredibly proud of the work we do in L&D, and it’s an honour to be recognised alongside so many inspiring organisations and individuals. I look forward to continuing to deliver excellent training outcomes for our RA teams.” said Humphrey.
RetireAustralia operates 29 retirement communities with over 5,000 residents across South Australia, New South Wales and Queensland—an environment in which the L&D function has become a strategic lever for service quality and workforce capability.
Humphrey’s win is a powerful endorsement of the work he leads at RetireAustralia, where he has integrated nationally recognised vocational education and training (VET) into the business, supporting more than 500 employees and ultimately enhancing resident outcomes.
He has established partnerships with RTOs that have enabled team members to attain nationally recognised qualifications from Certificate III to Diploma level. The coursework is enriched with industry-specific content, ensuring training is both accredited and aligned to real-world roles.
Performance metrics highlight the impact of this approach: over 90% of learners would recommend training to a colleague, satisfaction with L&D has reached a nine-year high, and resident satisfaction sits at 87%. These results demonstrate the tangible benefits of a robust learning and development strategy for both employees and residents.
Brett Robinson, RetireAustralia CEO, said “At RetireAustralia, our commitment to continuous learning is at the heart of everything we do. By embedding VET principles and partnering with RTOs, we’ve built a highly skilled, agile workforce that’s able to respond to change and deliver exceptional care. Murray’s leadership in Learning & Development has been instrumental in creating thriving communities where older Australians can live the life they choose in their own home. This award is a testament to the real difference our L&D team makes—not just to our people, but our residents too.”
The recognition capped a strong showing for RetireAustralia at the ILP awards, with Humphrey and L&D Advisor Chloe Smoothy also named finalists for L&D Team Excellence—a notable achievement for a two-person function supporting more than 500 employees nationwide.
8 August 2025 – Invesco Real Estate
(IRE), the global real estate investment business of Invesco Ltd. (NYSE: IVZ), today announced it has entered into definitive documentation to acquire 100% of RetireAustralia, a leading owner, operator and developer of retirement villages in Australia for A$845m.
IRE will acquire RetireAustralia from Infratil and the New Zealand Superannuation Fund, each of which hold a 50% interest in RetireAustralia. Both shareholders’ interests are managed by infrastructure investment manager Morrison.
Calvin Chou, Head of Asia Pacific, Invesco Real Estate, commented: “The acquisition of RetireAustralia represents a unique investment opportunity to expand Invesco Real Estate’s presence in Australia’s rapidly growing senior living sector. The country’s aging population, coupled with their rising wealth, is driving demand for alternative aged care solutions, and RetireAustralia’s care-centric operating model is well positioned to meet this need. This investment aligns with our objective of diversifying our portfolio with high-quality assets, enabling us to consistently deliver robust income and capital growth.”
As one of the largest players in Australia, RetireAustralia owns and operates 29 senior living villages across New South Wales, Queensland and South Australia, comprising over 4,300 independent living units, serviced and care apartments. In addition, it has a robust development pipeline with the potential to deliver up to 800 units across 7 projects across the country.
Dr Brett Robinson, Chief Executive of RetireAustralia, added: “Invesco Real Estate’s focus on long-term investment trends, combined with its strong track record of investing in the senior living sector across South Korea, Australia, and the US, position it as an ideal shareholder and partner for RetireAustralia. By working together, I believe we will create thriving communities where more older Australians can live and age well, meeting the country’s growing need for high-quality seniors housing and care as we address evolving demographics.”
The transaction is subject to regulatory approval and is expected to complete in the final quarter of the 2025 calendar year.
-ENDS-
For Invesco:
Dan Billings, [email protected], +852 3128 6339
Tony Mo, [email protected], +852 3128 6006
For RetireAustralia:
Vanessa Robb, [email protected], +61 427 605 366
RetireAustralia is a leading owner, operator and developer of retirement villages in Australia, with 29 retirement villages across New South Wales, Queensland and South Australia. Their villages are designed to support older Australians to live independently, safely and meaningfully – close to the people and places they love. With transparent contracts, thoughtfully designed homes, and a strong focus on care and connection, their communities make it easier for older Australians to enjoy the lifestyle they want, both now and in the future. For further information please visit https://retireaustralia.com.au/
Invesco Real Estate is a global leader in the real estate investment management business with over US$80 billion in real estate assets under management, approximately 600 employees and 21 regional offices across the U.S., Europe and Asia Pacific as of March 31, 2025. Invesco Real Estate has been actively investing across the risk return spectrum for its c.400 institutional client relationships over more than 40 years of investment history, from core to opportunistic, in equity and debt real estate strategies, and in direct and listed real estate.
Invesco Ltd. (Ticker NYSE: IVZ) is a global independent investment management firm dedicated to delivering an investment experience that helps people get more out of life. Our distinctive investment teams deliver a comprehensive range of active, passive and alternative investment capabilities. With offices in more than 20 countries, Invesco managed US$2 trillion in assets on behalf of clients worldwide as of June 30, 2025. For more information, visit: www.invesco.com/corporate.
The value of investments and any income will fluctuate (this may partly be the result of exchange rate fluctuations) and investors may not get back the full amount invested. Property and land can be difficult to sell, so investors may not be able to sell such investments when they want to. The value of property is generally a matter of an independent valuer’s opinion and may not be realised. Past performance does not predict future returns.
This press release is intended for trade press use only. Please do not redistribute. This document is by way of information only. Views and opinions are based on current market conditions and are subject to change. By accepting this document, you consent to communicate with us in English, unless you inform us otherwise. Data as of 30 June 2025 unless otherwise stated. The preliminary assets under management (AUM) figure of US$2 trillion as of end-June is subject to adjustment.
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RetireAustralia’s first nurse-led Care Hub has marked its first year of operations, reaching functional capacity within 12 months and demonstrating strong demand for dignified, homelike support embedded in retirement living. The 10-suite hub—at The Verge Retirement Village on the Gold Coast—provides 24/7, registered nurse-led care in a boutique care environment that keeps residents close to community and family.
RetireAustralia Chief Operating Officer Simon Fawssett said the model was designed around what older Australians want most. “People want to be cared for in their own home. That sentiment underpinned our strategy from the beginning,” he said.
Unlike traditional aged care, the Care Hub removes common access barriers — there’s no ACAT assessment or asset testing — and supports both short-term respite and longer-term stays based on need. Suites are self-contained for privacy and autonomy, while shared spaces encourage connection. The care hub was built to National Construction Code Class 9C and Livable Housing Australia Gold Level, with design informed by University of Stirling principles that address age-related impairments.
Residents say the difference is tangible. David, a retired journalist living with Parkinson’s, moved into the Care Hub from his apartment at The Verge and has regained confidence through tailored care and daily exercise, while his wife, Kathy, remains living independently nearby. Isla, the hub’s first resident, describes the team as “family,” reflecting a focus on compassion, continuity and choice.
Demand has been sustained through the year, with a steady sell-down rate of around one suite per month. As the model evolves in response to resident needs and sector shifts, recent pricing updates reflect benchmarking and strong demand: the ingoing contribution has moved from $600,000 to $650,000, the daily care and services fee from $300 to $315, and the daily accommodation fee from $54 to $92.Verney DCG Meeting
“Looking ahead, we’re refining rather than replicating,” Fawssett said. “From staffing to financial models, we’re building on what works and preparing for what’s next.
When’s the last time a retirement living ad made you smile, feel seen or want to get behind the wheel of a red MG?
That’s exactly what RetireAustralia’s bold “It’s Your Journey” campaign achieved, winning the coveted Channel Marketing Group Award for Marketing Excellence at the 2025 National Retirement Living Awards. And in doing so, it’s thrown the sector’s traditional marketing playbook out the window—right onto the open road.
This campaign was all about doing things differently. Instead of the expected soft-focus lifestyle shots and lists of features, RetireAustralia and long-time agency partner New Word Order shifted gears—literally—using a nostalgic driving metaphor to reframe the conversation around independence, care, and choice in retirement.
With a warm, relatable tone, live-action storytelling, and a narrative built around freedom, control and wellbeing, “It’s Your Journey” struck an emotional chord—and drove real commercial results.
The $1.385M multi-channel campaign delivered a 23.3% increase in leads, a 31% reduction in cost per lead, and a 14% uplift in sales appointments all while going against the grain of what retirement sector advertising “should” look like.
At the heart of the campaign was a classic red 1960s MG and the familiar face of Chris Betts, RetireAustralia’s hero talent since 2020. The creative used driving cues to tap into a collective nostalgia for road trips of decades past while symbolising the personal journeys residents embark on when choosing a retirement community. The red sports car wasn’t just a prop; it was a statement: age doesn’t diminish desirability.
“We wanted to challenge expectations of what retirement means, and how we talk about it,” said Andrew Doak, National Manager – Marketing at RetireAustralia. “Our audience doesn’t see themselves slowing down. They see this chapter as a new journey, and we wanted to meet them there.”
The campaign was a deliberate pivot away from “advertising hygiene factors” toward fresh storytelling that placed authenticity and emotion at the centre. Featuring real team members and residents alongside cinematic visuals, it championed not just community living, but what it feels like to be in control of your next chapter.
Backed by extensive research into customer segments and preferences—a strategic focus since 2019—RetireAustralia has spent years aligning its marketing with real audience insights. That embedded understanding powered the creative leap behind ‘It’s Your Journey’: a campaign built for cut-through, not clichés.
And with competition and media costs on the rise, that leap had to land. It did.
This campaign marks a pivotal evolution in RetireAustralia’s brand strategy—from safe and service-focused to bold, resonant, and values-led. By trusting their research, challenging category norms, and leaning into emotion over exposition, the brand has set a new creative benchmark, not just for retirement living, but for how meaningful marketing can be at any life stage.
Because when you take the wheel—and steer the message away from the expected—you might just find a better road ahead.
The Green Tarragindi Retirement Village, a sustainable retirement community developed by RetireAustralia, has earned national recognition, winning the Prospecta Utilities Award for Sustainability at the 2025 National Retirement Living Awards.
The award acknowledges excellence in environmentally responsible design and development.
RetireAustralia CEO Dr Brett Robinson said the award was a testament to what could be achieved when sustainability is integrated into every stage of a development.
“It reflects the collaboration between our incredible partners—Marchese Partners, Cusp Landscape Architecture, and Hutchinson Builders—as well as our dedicated team and the thriving community of residents who now call The Green home”, said Dr Robinson.
At the heart of The Green are 92 spacious, independent living apartments built to the Australian Liveable Housing Design Gold Standard. The development also boasts a 4-Star Green Star accreditation and an impressive 7.5-star NatHERS energy rating, ensuring lower energy bills and increased comfort for residents.
Every detail reflects a deep commitment to sustainability. The project prioritised eco-friendly materials such as FSC-certified timber, low-VOC products, and green concrete, while over 90% of construction waste was diverted from landfill.
On-site solar panels power community facilities, rainwater is harvested for drought-tolerant landscaping, and eco-tinted glass reduces heat gain—minimising reliance on air conditioning.
CEO of RetireAustralia, Dr Brett Robinson, said The Green sets a new benchmark for the industry.
“We’ve delivered spacious, high-quality apartments that rival top-tier market offerings while deliberately incorporating sustainable design to lower living costs and minimise our environmental impact,” said Dr Robinson.
“Natural cross ventilation, larger eaves for shade, energy-efficient glass, and solar power all contribute to a more comfortable, cost-effective lifestyle for residents.”
Once ageing sports infrastructure, the site has been transformed into a vibrant, intergenerational precinct.
Alongside the independent living apartments, The Green now features the revitalised Tarragindi Bowls Club, community gardens, a playground, and a café—all privately owned but open to the public, promoting connection between residents, their families and the wider community.
This transformation is proof that sustainability and community can go hand in hand. The Green has become not only a model for retirement living but a cornerstone of the Tarragindi community.
In addition to its national accolade, The Green was also a finalist in the 2024 Urban Developer Awards for Industry Excellence in the Development of the Year – Retirement, Aged Care, and Seniors Living category.
Curious about life at The Green Tarragindi Retirement Village? Visit our website or call 1800 955 070 to speak with one of our friendly team members.
RetireAustralia is planning a high-quality retirement living and integrated care development centred around the refurbished heritage-listed Verney House on their 2.4 hectare riverside site at Bell Terrace in Graceville. The proposal is an opportunity to design and deliver a modern seniors’ housing environment that responds to the changing needs and expectations of an ageing population.
The site was previously the Beth Eden retirement village and aged care facility operated by Bethany Christian Care, and has been vacant for a year. RetireAustralia acquired the site after Bethany Christian Care appointed Knight Franks’ Christian Sandstrom and Sam Biggins to divest the site via an Expressions of Interest process. The property is the largest privately owned, Brisbane river-front freehold land parcel within this proximity to the Brisbane CBD.
As well as a full refurbishment of the heritage-listed Verney House and old Stables, the proposal includes
three residential buildings of four storeys each. The three new buildings will provide 101 independent living units and a 10-suite Care Hub. The Care Hub will be a boutique homelike care environment offering higher acuity care from a nurse-led team on site 24/7. The dwellings will be complemented with communal spaces offering social and wellness opportunities, including a pool, residents’ pocket park and beautiful landscaping.
The development will be code assessable and in keeping with Council’s expectation for the site.
“There is a shortfall of seniors living supply in this area compared more broadly to South East Queensland. We have worked closely with an expert design team, including Marchese Partners | Life 3A and CUSP, and are excited to propose a place which will support a thriving community of older Australians able to live the life they choose in their own home,” said Dr. Brett Robinson, RetireAustralia’s Chief Executive Officer.
“We will be the only seniors living provider in the catchment offering independent living with the continuum of care services.”
RetireAustralia are engaging with the local community to keep them informed and to provide options for more information or submitting queries.
Home is where the heart is but with retirement dwellings in short supply, many Aussie seniors have no choice but to leave the suburbs where they raised their families.
Statistics show retirement villages are effectively at capacity nationwide, while the supply pipeline of new stock is slowing down.
This means opportunities to age well locally can be hard to come by. It’s something that’s not lost on Jeff and Judy Jones. After spending more than half their lives in Tarragindi, Jeff and Judy, both aged 75, were excited to realise their retirement dream of remaining in their beloved community as they became the first residents to move into The Green, a new $80 million vertical village in the Brisbane suburb.
“Moving into a retirement village is a big enough change without having to move to a new area,” Judy said.
Having called Tarragindi home since 1983, the Jonses didn’t want to entertain leaving the leafy Brisbane suburb. They raised their sons, Craig and Matt, in the area and have enjoyed having their six grandchildren nearby in Tarragindi and Salisbury.
Jeff Jones Real Estate, the business the couple founded which is now run by their sons, is also a short drive away at Stones Corner.
On top of that, they love being close to known and trusted amenities and services.
Nationally, the number of Australians aged 65 and older will double in the next 40 years, while the number of people aged 85 and older is set to triple to more than 3.5 million people by 2062–63, according to the Federal Government’s Intergenerational Report 2023.
Despite the surging senior population, the 2022 PwC/Property Council Retirement Census found retirement villages were effectively at capacity. The census also found the development supply pipeline planned for the subsequent three years fell to 5,100 dwellings compared to the 2021 Retirement Census of more than 10,500 dwellings. Higher construction and debt costs, and an uncertain economic outlook may have contributed to this decreased supply.
With a short supply of retirement accommodation options in their immediate area, the Joneses were quick to jump on the chance to continue to call Tarragindi home, in accommodation that will continue to meet their needs even as their care and support requirements increase with age.
The Joneses – who were the first residents to move into The Green – say they are fortunate to have relocated to a retirement village so close to where they have been living for nearly four decades.
“We knew eventually we would need to make the move into some sort of retirement village, so when we heard about The Green, we were keen right from the get-go,” Judy said.
“While we don’t have any health issues or need help at this stage, we thought it would be better to make the move as we couldn’t see another village like it coming to Tarragindi any time soon.”
Jeff added: “We love the accessibility Tarragindi provides – we’ve got four hospitals right on our doorstep and easy access to the motorways and we’re close to the city.
“We had looked at other sites and places. We couldn’t get away from the fact this was at Tarragindi – that was obviously a big attraction, and we also thought The Green offered us more amenities than any of the other places we looked at. The design of the complex, the landscaping, the facilities – it just all fitted together so well.”
In the Brisbane Local Government Area (LGA), there was a shortfall of at least 3,600 retirement dwellings in 2023 and the disparity is only likely to increase, largely due to a lack of suitable land for all types of village development in Brisbane, according to an O’Hara Wells analysis for RetireAustralia.
At the same time, a Queensland Government Statistician’s Office (QGSO) analysis predicts that by 2031 there will be 107,253 people aged 75 and over in the Brisbane LGA, an increase of 33,178 people in comparison to 2021 figures. If this forecast proves to be accurate, not everyone will be as fortunate as the Joneses and able to continue to live and thrive in their local area for the final chapters of their lives.