The Australia senior living market size is projected to grow at a CAGR of 6.07% between 2026 and 2035.
Base Year
Historical Period
Forecast Period
The Australia Bureau of Statistics reported that the Australian Capital Territory had the highest life expectancy among males (82.2 years) and females (86.0 years), leading to an increasing need for assisted living and nursing care.
As per the Australian Department of Health and Aged Care, the Aged Care Quality and Safety Commission aids individuals, families, and carers in aged care. Quality care is a fundamental entitlement under the Charter of Aged Care Rights.
According to the latest population projections from the Australian Bureau of Statistics (ABS), the count of Australians aged 85 years and older is set to double by 2042, surpassing 1 million individuals, thus boosting the Australia senior living market.
Compound Annual Growth Rate
6.07%
2026-2035
*this image is indicative*
Assisted living significantly contributes to the Australia senior living market growth by offering personalized care plans catering to residents' specific requirements, including aid with daily activities like bathing, dressing, and medication management, based on property type
Assisted living provides personalized care, safety features, social engagement, nutritious meals, housekeeping, maintenance-free living, on-site healthcare services, and peace of mind for families, ensuring seniors' well-being, comfort, and a sense of community in a secure environment.
In August 2023, Australian Unity unveiled the new Albert Park vertical aged care residence - The Alba. The adaptive reuse project, called The Alba, is spread across 15 stories and includes 95 residential care suites and 60 easy-living apartments. The Alba’s easy-living apartments will allow older individuals to live independently, while having support just around the corner, such as domestic assistance, personal care, and dining choices.
Independent living offers an active lifestyle with amenities like fitness centers, pools, and golf courses. Residents enjoy freedom, social activities, maintenance-free living, safety measures, and a range of services. Communities often facilitate easy transitions to higher care levels if needed, promoting long-term well-being.
"Australia Senior Living Market Report and Forecast 2026-2035" offers a detailed analysis of the market based on the following segments:
Market Breakup by Property Type
Market Breakup by Region
The Australia senior living market key players are:
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market is projected to grow at a CAGR of 6.07% between 2026 and 2035.
The senior living market is categorised according to property type, which includes assisted living, independent living, memory care, nursing care and others.
The senior living market key players are Settlers Apartments Pty Ltd Group Homes Australia Pty Ltd, RA (Holding) 2014 PTY Limited, agedcare101 Pty Ltd., LDK Healthcare Pty Ltd., Aveo Group Limited, Keyton Holding Pty Limited, Adventist Senior Living and Living Choice Australia Pty Ltd. among others.
The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Property Type |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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