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MORDIALLOC VIC
Allity Pty Ltd
Bayside Hostel - 5 McDonald Street MORDIALLOC VIC 3195
5 McDonald Street , MORDIALLOC , 3195, VIC
Beds: 40
Category: Private Incorporated Body
Provider: Allity Pty Ltd
Bayside Hostel
Accreditation Status: Accreditation Report
Source: Aged Care Quality Agency
Do you need respite care, convalescent care, or permanent care for a loved one at Bayside Hostel ?
Are you seaching for a vacancy in an aged care home in MORDIALLOC or close-by ?
NursingHomes.com.au can provide an independent and experienced advice about Bayside Hostel, including services delivered and financials, and a comparison to other aged care homes in MORDIALLOC.
NursingHomes.com.au is a respected aged care placement service and can help you immediately.
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The home offers permanent and respite accommodation and are specialists in Dementia care. Bayside provides a warm, family atmosphere with daily programs designed to enhance the quality of life for individuals living with Dementia.
Situated just 300 metres from the local Mordialloc Village Shopping Precinct and 500 meters from the beach and Port Phillip Bay, the residents have access to all the conveniences and recreational activities conducive to a healthy and active lifestyle. Local transport is also available with trains and buses only a short walk away with the convenience of a large medical centre across the road.
Each resident has the privacy of their own bedroom and ensuite designed to ensure comfort and security. They have a comprehensive lifestyle program, running 7 days/week and is purposefully linked to events and activities within the local community.
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 ...
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Select RAD Amount: $
% |
Lump Sum of RAD Paid : $
DAP :$20.20 pd
Interest rate (MPIR) is: 8.34%pa
(effective 1/04/2024)