What does it cost?
St Joan of Arc Villa offers only one type of accommodation for its Residents.
All rooms are single with ensuites.
The below prices are the maximum accommodation prices that can be charged effective from 1 January 2018 in accordance with Commonwealth Government Legislation.
St Joan of Arc Villa is willing to accept lower Accommodation Payments than that listed below, if individual circumstances require. This can be discussed with the Manager at your inspection and interview. Please feel free to discuss all options available.
The rooms offer a good standard of accommodation with the rooms having an average of 33sq. metres plus their own en-suite. They have a TV and telephone connection, built in wardrobes and verandah. Carpeted/vinyl floors, curtains, and air-conditioning make these a very homelike environment. All room access doors are offset to provide privacy from adjacent rooms and each of the three clusters of rooms have their own dining room.
The maximum accommodation price is a Refundable Accommodation Deposit (RAD) of $550,000. This is based on average home prices in our area and the standard of accommodation. This may be paid as a lump sum or a Daily Accommodation Payment (DAP); or a combination of both. Residents must decide on a payment method within 28 days of admission. The Refundable Accommodation Deposit (RAD) is converted to a Daily Accommodation Payment (DAP) by multiplying it by the “Maximum Permissible Interest Rate” (MPIR) and dividing it by 365 days. The MPIR is determined and set by the Department of Social Services and is calculated quarterly. The current rate is 5.77% effective from 1 April 2018.
Accommodation Pricing List & Payment Combinations
In addition to the above Accommodation Prices, there is also a daily care fee which is determined by the Government to cover care, meals and other services. This is generally 85% of the single pension and may also include a means tested fee if applicable.
Additional charges for services such as pharmaceuticals, podiatry, hairdressing and activities may also apply.
**Maximum permissible interest rate MPIR
The Department of Health has a very comprehensive website which details financial and other aspects of residential care. It is the “ My Aged Care” website and can be found at www.myagedcare.gov.au/
It is highly recommended that anyone contemplating admission to an aged care residential facility visit this site and familiarise themselves with recent government changes, including fee and bond calculations.