Accommodation Payments

A Refundable Accommodation Deposit (RAD) or Daily Accommodation Payment (DAP) is an amount that you pay towards your accommodation in an aged care facility. You can choose to pay your accommodation costs by:

  • A lump sum style refundable accommodation deposit (RAD)
  • Rental type payments called a daily accommodation payment (DAP), or
  • A combination of both.

The Accommodation payments at our Leederville facility are between $750,000 and $1.2m; and are due on the date of admission. If you choose to pay the Refundable Accommodation Deposit (Lump sum) the amount is payable in full on the day you move into the facility, with interest charged from the date of admission for outstanding amounts.

The interest on the outstanding amount is currently charged at 5.70% as at 1st October 2017 (the Government sets the maximum interest rate you can be charged, which is set at the date of entry to the aged care home.) Any lump sum payments can be made which can then of course reduce the interest payable.

The current payments for the Leederville facility are

  • Parkview Suites – $1,200,000 or maximum daily payment of $187.40
    • Elevated position with uninterrupted views to a leafy park
    • Single rooms with ensuites
    • Access to private lounge, dining room, activity area and kitchenette
  • Britannia Suites – $950,000 or maximum daily payment of $148.36
    • Balcony views
    • Single rooms with ensuites
    • Views of private courtyard
    • Access to private lounge, dining room, activity area and kitchenette
  • Atrium Suites – $850,000 or maximum daily payment of $132.74
    • Overlooking internal atrium gardens
    • Single rooms with ensuites
    • Access to private lounge, dining room, activity area and kitchenette
  • Jacaranda Suites – $750,000 or maximum daily payment of $117.13
    • Views of internal courtyards
    • Some with park or street views
    • All Single rooms with ensuite
    • Access to private lounge, dining room, activity area and kitchenette