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Nursing Homes Advice and Placement
BURWOOD VIC
Allity Pty Ltd
Highwood Court - 359 Warrigal Road BURWOOD VIC 3125
359 Warrigal Road , BURWOOD , 3125, VIC
Beds: 79
Category: Private Incorporated Body
Provider: Allity Pty Ltd
Highwood Court
Accreditation Status: Accreditation Report
Source: Aged Care Quality Agency
Do you need respite care, convalescent care, or permanent care for a loved one at Highwood Court ?
Are you seaching for a vacancy in an aged care home in BURWOOD or close-by ?
NursingHomes.com.au can provide an independent and experienced advice about Highwood Court, including services delivered and financials, and a comparison to other aged care homes in BURWOOD.
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Located in Burwood, Highwood Court offers all levels of respite, permanent and palliative care and provides residents with the benefits of an environment which supports ‘Ageing in Place’.
Highwood Court has been stylishly renovated to offer a contemporary home-like environment where residents have the choice of enjoying the peacefulness of enclosed courtyards, a quiet library setting or social lounge spaces to invite friends and family. As part of the wider renovations, the Home has a selection of newly refurbished single bedrooms with private ensuites now available.
As a Premium Home within the Allity group, Highwood Court provides a comprehensive range of activities and Additional Services for residents around Entertainment & Technology; Dining & Hospitality; Lifestyle & Wellness and Regular Bus outings - all the things that support the ongoing health and wellness of the residents beyond the basics.
The benefits of using an aged care placement service include:
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
Select RAD Amount: $
% |
Lump Sum of RAD Paid : $
DAP :$20.20 pd
Interest rate (MPIR) is: 8.34%pa
(effective 1/04/2024)