Seniors lifestyle accommodation

Older couple

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. The government is committed to increasing the number of Territorians choosing to retire in the NT and to keep families together.

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.

The Department of Trade, Business and Innovation has engaged KPMG to undertake a market analysis to:

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

Once the KPMG report is finalised in September 2017, the government will consider the next steps to progress these facilitated projects.

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

Last updated: 15 September 2017