** Shares of Aspen Group APZ.AX rise as much as 3.4% to A$4.63, their highest level since November 17, 2009
** Retirement home operator acquires the remaining stages of the Wallaroo Shores master planned community in South Australia for A$14.1 million ($9.21 million)
** Says the site on the Copper Coast benefits from ~A$8 million of prior investment in infrastructure works
** Says Copper Coast has a high rate of retiree migration and population could grow to 30,000+ people over next 25 years, a ~90% increase
($1 = 1.5307 Australian dollars)
(Reporting by Anjali Singh in Bengaluru)
((anjali.singh2@thomsonreuters.com;))