HammondCare has acquired a site in Curtin, Canberra, to establish the region's first dedicated dementia care village, featuring 11 cottages and 90 beds, addressing the growing need for specialized dementia services.

Information on the Target

The ACT government's Suburban Land Agency has successfully sold an unused site in Curtin, located in Canberra's southern region, to HammondCare. This strategic acquisition marks the establishment of the territory's first dedicated dementia care village, which will consist of 11 cottages offering a total of 90 beds. The decision to repurpose this vacant former primary school site comes after a tender process, and it aligns with HammondCare's commitment to providing specialized care for individuals living with dementia.

This development is particularly timely as over 6,000 individuals in the Australian Capital Territory are currently affected by dementia, a number projected to double by 2054. The initiative is set to enhance care options and improve the quality of life for afflicted individuals and their families.

Industry Overview in the Target’s Specific Country

Dementia is a growing concern in Australia, with an estimated 440,000 individuals currently living with this condition. Due to the aging population, the incidence of dementia is expected to rise significant