Arcare Nirvana Avenue
408 Waverley Road , MALVERN EAST , 3145, VIC
Beds: 30
Category: Private Incorporated Body
Provider: Arcare Pty Ltd
Arcare Nirvana Avenue
Accreditation Status: Accreditation Report
Source: Aged Care Quality Agency
Do you have an elderly loved one who needs respite care, convalescent care or permanent placement at Arcare Nirvana Avenue or another aged care facility in the MALVERN EAST area ?
Preferably with an accommodation payment (RAD or DAP), and any additional service fees, that are within your budget ?
Enquire NowWe have been placing residents into residential aged care since 2002, and have detailed knowledge and experience to help you with this important decision about Arcare Nirvana Avenue.
Don't be too hasty and make easy mistakes. Access our knowledge and experience prior to making a decision which will have a major impact on your elderly loved one.
From 20 September 2024, the following aged care fees have become effective:
The Basic Daily Care Fee increased to $63.57 pd (from $61.96 pd).
The Fully-Supported Asset Threshold increased to $61,500 (from $59,500).
The Non-Supported Asset Threshold increased to $206,039 (from $201,231).
The maximum Daily Accommodation Contribution (DAC) for refurbished / non-refurbished rooms is $69.49 pd / $45.31 pd respectively.
The effective Refundable Accommodation Contribution (RAC) for a refurbished facility, above the 40% fully supported ratio, will be $303,395 which will put pressure on persons looking for a fully supported placement, given that the average RAD is now higher than this amount.
The Maximum Permissible Interest Rate (MPIR) has changed to 8.38%pa from 1 October 2024.
The Basic Daily Care Fee and some aged care thresholds are indexed to the Age Pension. On the 20 September 2024, the single age pension increased to $1,144.40 fn. This is based upon increases in the cost of living reflected in the Pensioner & Beneficiary Living Cost Index (PBLCI).
Learn about RAD, DAP & MPIR ...
First select the RAD Amount that has been agreed to:
Agreed RAD: $
Use the slider to see how your daily accommodation payment (DAP) will change depending on the lump sum component of the RAD paid. The daily payment is based on the current maximum permissible interest rate (MPIR) of 8.38%.
% |
Lump Sum Paid: $
DAP :$20.20 pd
Interest rate (MPIR) is: 8.38%pa
(from 1/10/2024)