● SYDNEY
● SYDNEY
2027
7 YEARS IN A ROW
19% of population 11% of population 18% of population 15% of population 1 in 5 1 in 9 1 in 6 1 in 7
• 1 in 5 of Australia’s migrants arrived since 2012 • 86% settle in capital cities • More Australians born in Asia than Europe
Q. How influential were each of the following factors for you leaving your previous home? Downsize while physically I still could 31% 37% Home was too big to manage 21% 24% Freedom from house responsibilities to be able to do other activities (e.g. travel) 16% 23% Need for a home specially designed for easier ageing 16% 23% My spouse's health 17% 11% Concern about my future health 17% 19% Proximity to medical services 12% 13% Loss of my spouse 15% 9% Safety concerns in being isolated from neighbours and support 9% 12% Needing to be closer to public transport / shops 9% 9% Wanted to spend more time with people like me 7% 12% Concern about who would support me in the future 8% 10% My family's concern/pressure 8% 8% Loneliness 7% 6% Financial reasons - wanted to release money 7% 6% Financial reasons - I couldn't afford the family home upkeep 5% 6% Family / friends moving away from where I lived 3% 4% 0% 20% 40% 60% 80% 100% Extremely influential Very influential
Recent Movers Q. How influential were the following factors for you in choosing this village? I could stay independent 33% 36% Safe environment & emergency support (e.g. alarm) 29% 35% Maintenance is onsite 27% 37% Quality and modern design of my village home 22% 36% Support with house maintenance 22% 29% Having a village manager to solve problems 24% 29% Village facilities 18% 32% Reputation of the village 22% 28% It is near my family 23% 19% Care could be delivered on-site 21% 23% Financial independence - I could buy my unit and have money left to live on 21% 19% It is near my old home and familiar services 19% 17% Budget security - the certainty of knowing my weekly costs 16% 22% Sense of community/ neighbourhood 13% 24% Village activities 12% 21% Reputation of the operator and brand 18% 20% The sales presentation and information 15% 21% It is co-located with an aged care facility 17% 13% Friend's recommended the village 12% 13% The ethos and values of the village operator - e.g. not-for-profit, Christian etc. 9% 11% My family convinced me 11% 10% 0% 20% 40% 60% 80% 100% Extremely influential Very influential
Q. What was the distance you moved from your previous home to your retirement village? 0-5 kilometres 23% 6-10 kilometres 21% 11-20 kilometres 18% 21-30 kilometres 7% 31-50 kilometres 7% 51-100 kilometres 7% 100-200 kilometres 5% 200+ kilometres 5% Interstate 6% Moved here from overseas 0%
MOVED FURTHER THAN DESIRED Q. Did you move a greater distance from your previous home than you wanted to? No 76% Yes - to be closer to family 3% Yes - because there were no villages nearby 5% Yes - because nearby villages were too expensive 1% Yes - because nearby villages didn't have the 3% amenities I wanted (non-health related such as… Yes - because nearby villages didn't meet my health 10% needs Yes - to be with friends in this village or local area 2% 0% 10% 20% 30% 40% 50% 60% 70% 80%
GENERATIONAL CHANGE
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