- 03 9311 7079
- info@cumberlandmanor.com.au
- 25-27 Wiltshire St, Sunshine North VIC 3020
There are a number of costs involve in Residential Aged Care. The type of costs and the amount you’ll be asked to pay depend on the assessment of your income and assets and the room you choose.
The different types of aged care home costs are:
Basic daily fee: An amount that everyone pays for the day-to-day services they will receive at the aged care home. The basic daily fee is set by Services Australia at 85 per cent of the single Age Pension.
Means-tested care fee: A contribution that some people pay toward the cost of their care, determined by their income and assets assessment. Services Australia will work out if you have to pay this fee and if so, how much you need to pay.
Additional service fees: Fees for services that go beyond the minimum care and service requirements, such as on-site hairdressing or having a telephone connection installed in their room.
Accommodation costs: An amount that some people pay to contribute towards or cover the full costs of their room, depending on their income and assets assessment.
Services Australia will advise what you will be expected to pay, which will be one of the following:
Subsidised Accommodation costs – If your income and assets assessment is below a certain amount, the Australian Government will subsidise your accommodation costs – you will not need to pay anything towards your accommodation.
An Accommodation Contribution – You will need to pay part of the costs towards your accommodation and the Australian Government will pay the rest.
An Accommodation Payment – You will need to pay the full cost of your accommodation.
Accommodation Payment Options
If you are asked to pay the full cost of your accommodation you have 3 choices on how you can pay:
A Refundable Accommodation Deposit (RAD) – A single lump-sum deposit which is refundable to you or your estate when you leave
Daily Accommodation Payments (DAP) – regular rental-type payments
Combination Payment – a combination of RAD and DAP
The payment option you choose is usually agreed upon prior to moving how however you have 28 days from the day you move in to decide how you would like to pay for your accommodation.
Until you decide you will need to pay by the DAP. If you choose to pay by RAD, you will have at least six months from your date of entry to pay the lump sum.
The table below details the accommodation prices and payment options for our various rooms. Accommodation payments can be negotiated, please call us for other options.
| Room type | Accommodation pricing & payment | |||
| RAD | DAP | Combination | ||
| Shared | Junior Suite - Have a maximum occupancy of two with a shared ensuite. Rooms have either carpet or vinyl flooring and is at least 11.76m2 | Max. $180,000 | $41.33 | 50% RAD: $90,000 50% DAP: $20.67 |
| Economy Suite - Has a maximum occupancy of two with a shared ensuite. Rooms have either carpet or vinyl flooring and is at least 22.8m2 | Max. $190,000 | $43.62 | 50% RAD: $95,000 50% DAP: $21.81 | |
| Single | Silver standard - Has a shared ensuite with the adjacent room with its window overlooking the small garden. The room has carpet flooring and is at least 5m2 | Max. $225,000 | $51.66 | 50% RAD: $112,500 50% DAP: $25.83 |
| Gold standard - Has a shared ensuite with adjacent room with its windows overlooking the courtyard. The room has carpet flooring and is at least 9.03m2 | Max. $250,000 | $57.40 | 50% RAD: $125,000 50% DAP: $28.70 | |
| Superior Suite - Has its own ensuite and its windows overlooking the garden and street bringing in plenty of natural sunlight. The room has carpet flooring and is at least 9.03m2 | Max. $300,000 | $68.88 | 50% RAD: $162,500 50% DAP: $37.31 | |
| Master suite - Has its own ensuite and a 1.6m bay window bringing in plenty of natural sunlight. The room has carpet flooring and is at least 9.03m2 | Max. $325,000 | $74.62 | 50% RAD: $162,500 50% DAP: $37.31 | |
| Executive Suite - This room is recently repainted and has its own ensuite and carpet flooring. The windows are draped and overlook our courtyard and garden. This room has easy access to the lounge and courtyard and is at least 11.34m2 | Max: $350,000 | $80.36 | 50% RAD: $125,000 50% DAP: $40.18 | |
| King Suite - Fully refurbished shared room made into one spacious room with its own spacious wardrobe and ensuite. This room overlooks a courtyard garden, has large floor to ceiling windows bringing in plenty of natural light and is in a quiet area of the facility. The room also has NBN access, TV & telephone connection. The room is at least 34.8 m2 | Max. $450,000 | $103.32 | 50% RAD: $225,000 50% DAP: $51.66 | |
| Master King Suite - Large shared room refurbished into one spacious master bedroom, studio apartment style. The room has vinyl flooring, ceiling to floor windows overlooking the garden and side street bringing in plenty of natural sunlight. The room also has NBN access, TV & telephone connection. The room is at least 41.8 m2 | Max. $550,000 | $126.27 | 50% RAD: $275,000 50% DAP: $63.14 | |
Note: RAD = Refundable Accommodation Payment
DAP = Daily Accommodation Payment (DAP = RAD x Maximum Permissible Interest Rate /365 days).
DAP is subject to change as per MPIR.
Since 2009, under new ownership, we’ve proudly served elderly citizens in metropolitan and regional Victoria, boasting a diverse resident base from various backgrounds and cultures.
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