New affordable retirement resort in construction at Agnes Water

Construction is underway at Riverbend for a new retirement resort in Agnes Water. See what it will include.

A 190-home retirement village Riverbend is coming to Agnes Water.

A ‘new and affordable retirement’ village is currently in construction in Agnes Water on a vacant block of land that sold for more than $3 million in 2021.

When complete, the ‘Riverbend’ village will consist of 190 independent, detached homes within a gated resort-style facility.

The 11ha block of land sold in 2021 for $3.3 million.

Community facilities will include indoor and outdoor pools, a theatre, billiard room, communal areas, outdoor entertaining facilities, and secure parking areas for boats and RVs.

The resort is situated at 101 Bryant Street, just a short drive from the heart of Agnes Water.

The 11ha block of land was purchased for $3.3 million in 2021, a steep increase from the last sale in 2016 for $899,800.

One style of the homes that will be available in Riverbend. Picture: Supplied.

There will be a total of seven different home styles, with two and three-bedroom homes, on offer from $520,000 and $595,000.

These prices sit approximately $100,000 to $150,000 lower than the 2023 median house price for Agnes Water, according to recent data from realestate.com.au.

The resort will consist of 190 independent homes, developed in seven stages. Picture: Supplied.

Agnes Water is Riverbend’s sixth location, with other resorts and villages situated around Australia.

Construction is currently underway, with the first 20 homes expected to be completed and move-in ready by April 2024.

Recent interest in Agnes Water properties has increased other development and construction in the region, including Saturday’s opening of the Stockwell shopping centre.