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The Australia senior living market size is projected to grow at a CAGR of 6.07% between 2024 and 2032.
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 2024-2032 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 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.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
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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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Australia Senior Living Market Overview
8.1 Key Industry Highlights
8.2 Australia Senior Living Historical Market (2018-2023)
8.3 Australia Senior Living Market Forecast (2024-2032)
9 Australia Senior Living Market by Property Type
9.1 Assisted Living
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Independent Living
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.3 Memory Care
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.4 Nursing Care
9.4.1 Historical Trend (2018-2023)
9.4.2 Forecast Trend (2024-2032)
9.5 Others
10 Australia Senior Living Market by Region
10.1 New South Wales
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Victoria
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Queensland
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Australian Capital Territory
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Western Australia
10.5.1 Historical Trend (2018-2023)
10.5.2 Forecast Trend (2024-2032)
10.6 Others
11 Market Dynamics
11.1 SWOT Analysis
11.1.1 Strengths
11.1.2 Weaknesses
11.1.3 Opportunities
11.1.4 Threats
11.2 Porter’s Five Forces Analysis
11.2.1 Supplier’s Power
11.2.2 Buyer’s Power
11.2.3 Threat of New Entrants
11.2.4 Degree of Rivalry
11.2.5 Threat of Substitutes
11.3 Key Indicators for Demand
11.4 Key Indicators for Price
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Settlers Apartments Pty Ltd
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Group Homes Australia Pty Ltd
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 RA (Holding) 2014 PTY Limited
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 agedcare101 Pty Ltd.
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 LDK Healthcare Pty Ltd.
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Aveo Group Limited
12.2.6.1 Company Overview
12.2.6.2 Product Portfolio
12.2.6.3 Demographic Reach and Achievements
12.2.6.4 Certifications
12.2.7 Keyton Holding Pty Limited
12.2.7.1 Company Overview
12.2.7.2 Product Portfolio
12.2.7.3 Demographic Reach and Achievements
12.2.7.4 Certifications
12.2.8 Adventist Senior Living
12.2.8.1 Company Overview
12.2.8.2 Product Portfolio
12.2.8.3 Demographic Reach and Achievements
12.2.8.4 Certifications
12.2.9 Living Choice Australia Pty Ltd.
12.2.9.1 Company Overview
12.2.9.2 Product Portfolio
12.2.9.3 Demographic Reach and Achievements
12.2.9.4 Certifications
12.2.10 Others
13 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Australia Senior Living Market: Key Industry Highlights, 2018 and 2032
2. Australia Senior Living Historical Market: Breakup by Property Type (USD Million), 2018-2023
3. Australia Senior Living Market Forecast: Breakup by Property Type (USD Million), 2024-2032
4. Australia Senior Living Historical Market: Breakup by Region (USD Million), 2018-2023
5. Australia Senior Living Market Forecast: Breakup by Region (USD Million), 2024-2032
6. Australia Senior Living Market Structure
The market is projected to grow at a CAGR of 6.07% between 2024 and 2032.
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.
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