St Basil's Homes

What St Basil's Homes does

St Basil's Homes (SA) is a not-for-profit residential aged care provider operating three purpose-built homes in Adelaide, South Australia: Aegean Village at Christie Downs (97 rooms plus 48 independent living units), Croydon Park (81 bedrooms plus two nine-bed Mediterranean-style villas), and St Peters (a 32-bedroom boutique home), for a total of approximately 210 residential care beds. Founded in 1984 and operating under the auspices of the Greek Orthodox Archdiocese while remaining separately incorporated and independently managed, the organisation is led by Chief Executive Michelle Church and Board Chair Harry Patsouris.

The organisation's core operating framework is the Living Well Model, a person-centred care delivery system whose distinguishing feature is a "dyad" leadership structure that pairs a clinical leader with a non-clinical leader to co-manage small resident "houses." This model was developed in partnership with Griffith University with grant funding from ARIIA, and a 2024 evaluation led by Associate Professor Katrina Radford and Dr Ellie Meissner reported improvements in care quality, resident/family satisfaction, role clarity, career progression, and decreased occupational stress. Beyond residential care, St Basil's runs the Plateia Program (a community day respite service) and a Living Well Hub digital portal for residents and families.

Revenue is generated almost entirely under the Australian Government's regulated aged care funding framework: a Basic Daily Fee (set at 85% of the single aged pension), government subsidies, means-tested care contributions, and accommodation payments (Refundable Accommodation Deposits, Daily Accommodation Payments, or a combination), supplemented by an optional Higher Everyday Living Fee and tax-deductible donations. Admissions are gated through the government's My Aged Care / ACAT assessment pathway, with the organisation employing dedicated Admissions Officers and relying on government referrals, word-of-mouth, and a Facebook presence for demand generation. All homes are fully accredited by the Aged Care Quality and Safety Commission.

Name

St Basil's Homes

Legal name

St Basil's Homes for the Aged in South Australia

Website

https://stbasils.com.au

Company type

Private

Founded year

1984

Operating status

Operating

Headcount range

251–500 employees

Short description

St Basil's Homes (SA) is a not-for-profit aged care provider operating three residential homes in South Australia with approximately 210 beds. Affiliated with the Greek Orthodox Archdiocese, it delivers government-subsidised residential care, respite, and community programs to older Australians.

Ownership category

akta.pro rank

Product category

Residential Aged Care

NAICS

Assisted Living Facilities for the Elderly (623312), Continuing Care Retirement Communities (623311), Other Residential Care Facilities (623990)

SIC

Services-Nursing & Personal Care Facilities (8050), Services-Skilled Nursing Care Facilities (8051)

akta.pro primary industry

Large Campus / Multi-Building Assisted Living Communities (HLADABAG)

akta.pro secondary industries

Market-Rate Independent Living (Private Pay) Communities (HLADAAAA), Small Residential Care Homes (RCFE/Board & Care) (HLADABAF)

Keywords

• Residential aged care
• Aged care services
• Dementia support care
• Day respite programs
• Not-for-profit healthcare

Headquarters

HQ city

Mile End

HQ country

Australia

HQ region

Oceania

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Others

Revenue model

1. Government Subsidised Residential Aged Care: St Basil's operates as a government-subsidised residential aged care provider under the Australian Government's Aged Care Act. The primary revenue comes from government subsidies, supplemented by resident contributions based on means assessment. This is a recurring revenue model driven by occupancy across three residential care homes.
2. Basic Daily Fee: All residents pay a Basic Daily Fee covering meals, cleaning, laundry, and everyday services. Set by the government at 85% of the single aged pension, adjusted twice yearly in March and September. This is a recurring per-resident daily fee.
3. Accommodation Payments: Residents may pay accommodation payments for their room and furnishings. Options include RAD (Refundable Accommodation Deposit - lump sum, refundable), DAP (Daily Accommodation Payment - interest-based daily fee), or a Combination of both. The government may pay some or all of this depending on means assessment.
4. Non-clinical Care Contribution: An extra contribution towards care, if required by means assessment.
5. Higher Everyday Living Fee (Optional): Optional extra services or premium lifestyle options for residents who choose to pay for elevated offerings beyond standard care.
6. Hotelling Supplement Contribution: For those who pay the full accommodation payment, this covers daily living expenses like food, cleaning, and utilities.
7. Donations and Fundraising: Donations over $2 are tax deductible and support special projects, equipment, and experiences for residents. Donors can specify a particular home or make general donations or bequests.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

St Basil's Homes (SA) operates three government-subsidised residential aged care homes in Adelaide — Aegean Village at Christie Downs (97 rooms and 48 independent living units), Croydon Park (81 bedrooms plus two 9-bedroom Mediterranean villas) and St Peters (a 32-bedroom boutique facility) — delivering low, intermediate, high and dementia care under the Australian Government's Aged Care Act. The care delivery is organised through the proprietary Living Well Model, a dyad leadership framework pairing clinical and non-clinical managers to co-lead small resident 'houses'. Complementary services include the Plateia Program (day respite for community-dwelling older people) and cultural-heritage programming tied to the Greek Orthodox Archdiocese.

Product overview

St Basil's Homes (SA) is a not-for-profit aged care provider offering residential aged care services across three homes in South Australia: Aegean Village at Christie Downs (97 rooms + 48 independent living units), Croydon Park (81 rooms with two Mediterranean villas), and St Peters (32-room boutique facility). The organization operates under the Greek Orthodox Archdiocese and provides culturally appropriate care with a focus on Greek heritage at some locations. Core services include residential care, day respite through the Plateia Program, and community support. Their proprietary Living Well Model employs a 'dyad' leadership approach pairing clinical and non-clinical managers to oversee small resident houses. Fee structures include Basic Daily Fee, Accommodation Payments (RAD/DAP options), and optional premium services.

Differentiator

Problem solved

Functional benefit

Products and services

• Aegean Village at Christie Downs A residential aged care home at 10 Morton Road, Christie Downs SA 5164, supporting all levels of care with 97 rooms and 48 independent living units. Facilities include Zoi Kafe (on-site cafe), activity rooms, hair salon, gym, internet lounge, edible garden, and expansive outdoor areas. Operated under the Living Well Model with multicultural programming across diverse cultural backgrounds.
• Croydon Park A residential aged care home at 83-93 Regency Road, Croydon Park SA 5008, with 81 private bedrooms with ensuites and two Mediterranean-style villas each with nine bedrooms, a kitchen and laundry. Features internal courtyards with vertical gardens and a Mediterranean-inspired shared terrace. Programming emphasises Greek heritage and Orthodox faith observances.
• St Peters A boutique residential aged care facility at 9 Winchester Street, St Peters SA 5069, with 32 bedrooms on a large corner site in a quiet leafy suburb. Features include a cinema, chapel, community cafe, lounge, dining areas, outdoor decks and vegetable gardens. Programming centres on Greek heritage and Orthodox faith observance.
• Plateia Program A day respite program unique to St Basil's Homes, designed as a destination service for older people living independently in the community outside of residential care. Provides structured daytime social connection, activities and carer relief in a community setting.

Quantifiable outcome

• Evaluation in 2024 showed improvement in quality of care and general satisfaction with care from residents, families and staff
• +2 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Four partnerships are on record, tiered core and minor.

• SA Innovation HubcoreStrategic or Co-development Partner · 1 October 2014St Basil's is a member of the SA Innovation Hub, a community of practice that translates ideas, innovation, learning and research into practice. The SA Innovation Hub was officially launched in October 2014 by Aged Care Minister Andrews. Members collaborate and share knowledge, implement new ideas, and develop new strategies, products and services that older people highly value. St Basil's often leads the way for other aged care providers to follow.
• Griffith UniversitycoreStrategic or Co-development PartnerSt Basil's is working in partnership with Griffith University to develop a new model of aged care leadership with support from a grant by ARIIA (Aged Care Research & Industry Innovation Australia). The Living Well Leadership Model is a pioneering initiative based on a 'dyad' leadership approach. An evaluation in 2024 led by Associate Professor Katrina Radford and Dr Ellie Meissner showed measurable improvements in quality of care, resident and family satisfaction, staff role clarity, career progression, and decreased occupational stress.
• University of South AustraliaminorStrategic or Co-development PartnerThe University of South Australia and St Basil's Homes SA have partnered as part of the University's SA Capstone Project, enabling Master of Health Services students to apply their knowledge to real-world projects. A previous project involved students investigating community demands for St Basil's master planning at the Christie Downs site. Current projects focus on recommending IT solutions to improve communication and developing increased participation in the Partnership In Care program.
• Aged Care Research & Industry Innovation Australia (ARIIA)coreStrategic or Co-development PartnerARIIA provided grant funding to support the development of the Living Well Leadership Model in partnership with Griffith University.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Regional players

• UnitingSA: South Australian NFP aged care, retirement, and community services provider. Regional peer operating in the same Adelaide geography with overlapping residential aged care, respite, and community programs targeting similar demographics.

Direct peers

• Estia Health: ASX-listed residential aged care provider operating ~70 homes across Australia including South Australia. Direct peer competing for the same government-subsidised residents via the My Aged Care channel, with similar fee structures (RAD/DAP) and dementia/ageing-in-place offerings.
• Allity Aged Care: Mid-sized Australian residential aged care provider with homes in multiple states. Comparable on resident care model, government funding dependency, and premium/boutique positioning similar to St Basil's St Peters home.
• Catholic Healthcare: Large Australian NFP aged care and retirement living provider with faith-based heritage similar to St Basil's Greek Orthodox affiliation. Comparable on values-driven model, residential care portfolio, and community-based service extensions.
• Opal HealthCare: One of Australia's largest residential aged care operators with 80+ homes including presence in South Australia. Direct peer given overlapping residential care services, government funding model, and multi-state scale comparable to St Basil's three-home portfolio.
• Bolton Clarke: Large Australian not-for-profit residential aged care and retirement living provider. Closely comparable to St Basil's on NFP structure, multi-state residential care model, community/home care extensions, and dementia support programs.
• Japara Healthcare: Australian residential aged care operator (formerly ASX-listed) with homes across multiple states. Direct peer offering government-subsidised residential care with comparable RAD/DAP fee structures and dementia/acute care services.
• Regis Healthcare: ASX-listed residential aged care operator with ~60 homes nationally. Comparable on resident mix, government funding dependency, and three-tier accommodation pricing (RAD/DAP/combination) — making it a direct functional peer despite larger scale.
• Southern Cross Care (SA & NT): South Australia-based not-for-profit residential aged care provider operating multiple homes in Adelaide. Highly comparable to St Basil's on NFP status, regional focus, government funding, and aged care home/respite/community program mix.

Broad incumbents

• Aveo Group: ASX-listed retirement living and aged care operator with a broader portfolio across independent living, serviced apartments, and residential care. Broader incumbent that overlaps with St Basil's on independent living units (Aegean Village's 48 ILUs) and residential aged care, though Aveo's primary focus is retirement living rather than high-care.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/StBasilsHomes
• Xx.com/stbasilssa
• LinkedInlinkedin.com/company/st-bail-s-homes-sa

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about St Basil's Homes