New units cater to increasing need for retirement living

SAVVY people reaching retirement age don't have the need for nursing homes, but there is an increasing need for retirement living in the Gladstone region.

Almost 30% of Gladstone's region is made up of people over the age of 50.

But one Gladstone not-for-profit organisation is making a real difference by providing almost 100 units for retirees, and has plans for more on the way.

"Retirement living" is the first stage of tri-care, where people are still able to look after themselves, but are in a social setting close to shops and other services.

Gladstone Central Committee for the Ageing president Edgar Allen said since the organisation built the first 62 units, they'd had no unit free for more than six weeks at a time.

Another 36 units will become available over the next few months, completing the group's project at the Gladstone Heritage Retirement Village.

The committee is now in talks with the council about a new project to provide another 80 or more units on another piece of land in Gladstone.

Councillor Maxine Brushe said retirement living was a real need in the region for people who did not require care, but could see that they would in the future.

Mr Allen said the project had been part-funded by the National Rental Affordability Scheme, and a combination of State and Federal Government funding.

"Part of our agreement is the rentals will be 20% less than market value, and tenants are also eligible for rental assistance," Mr Allen said.

"We've been getting very good inquiries for those units coming on stream."

He said the committee was proud of what it had been able to do.

"We're extremely fortunate to have an ex-city engineer, ex-city councillor and a property management expert on our committee," he said.

"There's no reason why these things we're doing couldn't be done elsewhere. There's plenty of land available."

Topics:  gladstone property market real estate retirement

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