Summerset Group has reported 420 sales for the quarter ending 30 September 2025, comprising 244 new sales and 176 resales.
Summerset Group CEO Scott Scoullar said the company is pleased to continue its first half sales momentum with another record quarter.
“We’ve worked hard throughout the business to bring new residents into our villages, it’s pleasing to achieve our highest ever sales quarter in this difficult market,” said Scoullar.
“We have continued to sell new Care Occupation Rights Agreements (ORA) and convert our care rooms to ORA as we seek to improve our care profitability. In Q3, 29 percent of sales were Care ORAs (38 percent of new sales and 16 percent of resales). New and current residents have warmly welcomed this offering as an alternative to paying daily premium charges.”
Scoullar said Summerset’s diverse portfolio continued to be a strength with over 52 percent of New Zealand sales coming from outside Auckland, Wellington and Christchurch. Summerset Boulcott (Lower Hutt), Summerset by the Dunes (Pāpāmoa) and Summerset Palms (Te Awa) were the company’s highest-selling villages for the quarter.
The company remains on track to deliver FY25 forecast 650 to 730 homes by the end of the year, including the delivery of village centre buildings at Cambridge in the Waikato and Cranbourne North in Australia.
In Australia, the company is proud to be commencing its fourth Victorian village, Oakleigh South, with a sod turning event to celebrate the occasion, which will be held later this month, and the first villas at its Chirnside Park village will also be completed, with the first residents to be welcomed in Q2 2026 when the village will officially open.
In August this year, Scoullar said Summerset Group had delivered a credible result underpinned by the company's sustainable growth strategy.
“We’re committed to providing the aged care experience that our residents expect now and into the future. We’re very pleased to update these older facilities with beautiful modern care suites. Our refurbished care centres provide en-suites, kitchenettes and much more, in large comfortable rooms.”
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