Location
40 Stud Road , WANTIRNA , 3152, VIC
Beds: 47
Category: Private Incorporated Body
Provider: Wickro Pty Ltd
Clarendon Grange Hostel
Accreditation Status: Accreditation Report
Source: Aged Care Quality Agency
Clarendon Grange Hostel
Need Aged Care Advice, Placement or Advocacy ?
Do you need respite care, convalescent care, or permanent care for a loved one at Clarendon Grange Hostel ?
Are you seaching for a vacancy in an aged care home in WANTIRNA or close-by ?
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Nestled in a peaceful, quiet position off Stud Road, Clarendon Grange care home provides a home away from home for 47 residents, their families and friends. A place where everybody feels welcome.
With outlooks to a spacious, lush central garden courtyard, we have an inspiring communal outdoor environment, equipped with barbeque facilities for family visits and social occasions.
Even, as a long-established aged care home in the Bayswater community, Clarendon Grange is appointed with the latest in residential care home features.
Clarendon Grange offers comfortable rooms with ensuite access and ample space for personal furnishings and keepsakes.
A choice of 3 room types enables residents to have accommodation that meets their needs and budget, with access to a range of amenities.
All rooms are tastefully presented with a fully adjustable bed, bedside table, over bed table, visitor chair, robe and individual heating as standard.
The Accommodation Payment (cost of the room) can be funded as a RAD (Refundable Accommodation Deposit), DAP (Daily Accommodation Deposit) or a combination of both.
Not all residents are required to pay for their accommodation, those with Low Means may be eligible for assistance from the Government as a Fully Supported or Partially supported resident.
What benefits will an Aged Care Placement service provide to you?
The benefits of using an aged care placement service include:
- Guidance and support - An aged care placement service can provide expert guidance and support to help older adults and their families navigate the complex and often overwhelming process of finding and selecting appropriate long-term care options.
- Access to information - These services often have access to a wide range of information on available care options, including details on services, amenities, and costs.
- Advocacy - Aged care placement services can act as an advocate for older adults and their families, helping them to navigate the application and admissions process, and ensuring that their rights and preferences are respected.
- Coordination - They can help with coordinating the transition to a new care setting, including arranging for necessary medical evaluations, transferring personal belongings, and helping with other logistics.
- Time-saving - They can save a lot of time and effort for the older adults and their families in finding and selecting the appropriate care options.
- Cost-effective - It can be cost-effective as some agencies may have a contract with facilities to offer discounted rates.
- Tailored solutions - They can provide tailored solutions to the unique needs of older adults and their families.
MPIR reducing to 8.34% pa
The Maximum Permissible Interest Rate (MPIR) will reduce to 8.34% pa from
For a Refundable Accommodation Deposit (RAD) of $550,000 the equivalent Daily Accommodation Payment (DAP) reduces to $125.67 pd ($45,870 pa).
The Reserve Bank has kept the cash rate on hold for a few months, so we are seeing a very small decrease in the MPIR. This could mean that the MPIR has reached its peak and could be on the slide down.
Also from 1st April 2024, the refurbished Daily Accommodation Contribution (DAC) rate of $68.14 means an equivalent Refundable Accommodation Contribution (RAC) of $298,215. In June 2022 the RAC was $544,719, meaning that aged care homes that are “RAD-focused” are now less likely to look at fully supported / partially supported residents if the aged care home has already exceeded their 40% supported ratio, as the RAC has now dropped below $300,000.
The change in the MPIR to 8.34% is welcomed but should have no major impact on residents as they enter an aged care home from
Learn about RAD, DAP and MPIR ...
Need to discuss aged care fees? Contact Us
Simple RAD to DAP Conversion
Select RAD Amount: $
| % |
Lump Sum of RAD Paid : $
DAP :$20.20 pd
Interest rate (MPIR) is: 8.34%pa
(effective 1/04/2024)