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Riverwood Hostel

WEST ALBURY  NSW

Allity Pty Ltd

Nursing Homes Directory

Riverwood Hostel - 990 Padman Drive WEST ALBURY NSW 2640


Location


990 Padman Drive , WEST ALBURY , 2640, NSW

Beds: 29

Category: Private Incorporated Body

Provider: Allity Pty Ltd

Riverwood Hostel
Accreditation Status: Accreditation Report
Source: Aged Care Quality Agency





Riverwood Hostel

Need Aged Care Advice, Placement or Advocacy ?

Do you need respite care, convalescent care, or permanent care for a loved one at Riverwood Hostel ?

Are you seaching for a vacancy in an aged care home in WEST ALBURY or close-by ?

NursingHomes.com.au can provide an independent and experienced advice about Riverwood Hostel, including services delivered and financials, and a comparison to other aged care homes in WEST ALBURY.

NursingHomes.com.au is a respected aged care placement service and can help you immediately.


Need more information - Contact Us




Located in West Albury, Riverwood Aged Care is a blend of country comfort with city style. Situated close to the local shopping centres and community services, Residents continue to enjoy the convenience of and access to the town’s activities.

All levels of permanent and respite care are offered in a warm and welcoming environment that encourages independence and lifestyle choices to suit each individual's needs and preferences. A secure place for residents living with dementia, the experienced staff are dedicated to creating an enviroment where they can enjoy their interests and have access to support and care appropriate to specific lifestyle needs.

Riverwood offers spacious single rooms all with private ensuite, kitchenette and access to gardens or an internal courtyard. Residents can relax and enjoy the peace and serenity of intimate sitting areas or enjoy more social time with visitors in a selection of lounge or outdoor spaces.

Features

  • Wide range of specialised services can be organised on request including hairdressing, podiatry and physiotherapy.
  • Community Shop opened daily.
  • Comprehensive activities program catering to individual and group choice
  • Dining choices include healthy, appetising fresh meals prepared daily in consultation with our nutritionist and professional hospitality team
  • Enclosed fire place in the community room.
  • Foxtel available (at residents expense).
  • Friendly, caring staff on call 24-hours. Call buttons are installed in both the bedroom and bathroom and trained staff are able to respond immediately.
  • Hairdresser services available on site.
  • Private function room for special family events
  • Regular bus outings.
  • Spacious, quiet rooms with ensuite. The privacy of spacious rooms with a kitchenette and a modern ensuite bathroom, and provision for private phone and television.
  • Wireless Internet Connection (Wi-Fi)

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)