Seniors lifestyle accommodation

The Northern Territory Government has recently announced in the 2017-18 Budget that $500,000 has been allocated to undertake investigations into facilitating the development of seniors lifestyle accommodation in inner Darwin, Darwin rural and Alice Springs.

Through consultation as part of the Economic Summit process, Regional Economic Development Committees and previous studies, there is strong evidence in support of measures to enable additional supply to be developed.

Over the coming months government will conduct market analysis to:

  • confirm the level of market interest (supply and demand) in potential projects
  • understand requirements for a commercially attractive investment
  • facilitate the identification of potential sites for development.

The government will investigate how it can make suitably located, developable land available to the market to drive increased supply of seniors-appropriate housing.

All enquiries should be directed to the project team at SIP@nt.gov.au

$500,000 has been allocated to investigate the development of seniors lifestyle accommodation.