The Living Company Expands Housing Pipeline Across East Coast

Retirement Projects Break Ground in Brisbane, Construction Commences at Zetland Parkside and Waterloo Co-Living Wins DA Approval

The Living Company continues to expand its diversified living platform with major milestones across its retirement living and co-living portfolios, reinforcing its commitment to delivering housing solutions that respond to Australia’s evolving demographic and housing needs.

In Brisbane, work is now underway on new stages of leading retirement community operator Aveo’s Parkside Carindale and Robertson Park master-planned communities, representing a combined $150 million investment in a new generation of seniors living across the city’s southside.

At the same time, The Living Company has secured development approval for its latest co-living community in Waterloo, Sydney, which will deliver 283 self-contained studio apartments accommodating up to 333 residents in one of Australia’s fastest-growing urban renewal precincts. Nearby in Zetland, construction has also commenced on Zetland Parkside, with the build-to-rent community scheduled to open in January 2029.

Combined, the projects demonstrate The Living Company’s continued evolution as Australia’s largest owner and operator across purpose-built student accommodation, build-to-rent, co-living and seniors living, with a growing pipeline of professionally managed communities designed to support Australians at every life stage.

The Living Company Founder and Joint Chief Executive Officer, Stephen Gaitanos, said the milestones reflected the company’s long-term strategy of delivering housing solutions that respond to Australia’s changing demographic and lifestyle needs.

“Whether it’s supporting older Australians seeking connected retirement communities or delivering innovative housing solutions for younger urban residents, our focus remains on creating places that foster belonging, wellbeing and community,” Mr Gaitanos said.

“Australia’s housing needs are becoming increasingly diverse, and we believe the future lies in professionally managed living communities that combine quality design, sustainability and shared experiences.”

“These milestones demonstrate the breadth of our platform and our ability to deliver housing solutions across multiple living sectors. From retirement living through to co-living, we’re continuing to invest in communities that contribute positively to our cities while meeting the evolving needs of residents.”

The retirement living developments mark the next phase of growth for Aveo’s established Parkside Carindale and Robertson Park communities.

At Parkside Carindale, Stage 4 will deliver an additional 94 independent living apartments, shared community spaces and secure parking across nine levels. Once complete, the community will comprise 402 independent living apartments for older Australians seeking high-quality, accessible homes close to family, services and amenities.

At Robertson Park, Stage 3 will add 38 one-, two- and three-bedroom independent living apartments across four levels, further strengthening retirement living options in Brisbane’s southeast.

Aveo Chief Executive Officer, Tony Randello, said the projects reflected growing demand for contemporary retirement communities that prioritise connection, wellbeing and long-term liveability.

“These projects represent the next chapter in the evolution of our communities and our commitment to delivering high-quality retirement living in locations where people genuinely want to live,” Mr Randello said.

“We are proud to continue investing in communities that enable residents to stay connected to the suburbs, relationships and lifestyles they know, while providing homes specifically designed around accessibility, comfort and independence.

“As Australia’s population ages, demand for well-designed retirement living will continue to grow. Through developments such as Parkside Carindale and Robertson Park, we are creating communities that support residents to live well today while remaining connected to the people and places that matter most.”

Meanwhile in Sydney, The Living Company’s newly approved Waterloo co-living development will provide a professionally managed housing solution tailored to a growing population seeking flexible, community-oriented living in well-connected urban locations.

The seven-storey, all-electric development at 224–234 Young Street will feature extensive communal amenities, retail activation and publicly accessible open space, alongside a strong sustainability focus including rooftop solar, rainwater reuse, native landscaping and a targeted 4 Star Green Star Buildings rating.

Designed in partnership with Aboriginal-owned design practice Yerrabingin, the project incorporates a comprehensive Connecting with Country framework, acknowledging the Gadigal and Bidjigal Traditional Custodians through landscape design, public art and native planting strategies.

Construction is currently underway at both Parkside Carindale and Robertson Park, while construction of the Waterloo co-living community is expected to commence in 2027, with residents anticipated to move in from 2029.

Collectively, the projects represent a significant step forward in The Living Company’s growing development pipeline and its commitment to delivering innovative, sustainable and community-focused living environments across Australia’s east coast.

For further information on TLC visit: www.thelivingcompany.com.au.