The Alcheringa Home Society was formed in 1959. The Committee initially undertook fundraising activities with the object of raising the local contribution to match a Government grant for the provision of accommodation for senior citizens in Swan Hill. The Committee's aims were eventually fulfilled and the first residents were admitted in December 1976. The official opening of Alcheringa was on Saturday 7th October 1978. In 1984, the Alcheringa Committee conducted a further fundraising appeal to extend the hostel to 74 apartments.

The committee faced another challenge when Alcheringa needed to build a new facility to remain accredited with the new government requirements. In 2005 Alcheringa planned and built out in 2007/8 a new 74 bed facility with the help of the architect, Stonehenge Group, and the builders.

May 2008, Alcheringa moved to the new purpose built facility in Boree Drive, Tower Hill. The official opening was held on April 26, 2008.