NursingHomes.com.au
Nursing Homes Advice and Placement
MALVERN VIC
MECWA
mecwacare Malvern Centre - 1245 1247 Malvern Road MALVERN VIC 3144
1245 1247 Malvern Road , MALVERN , 3144, VIC
Beds: 108
Category: Community Based
Provider: MECWA
mecwacare Malvern Centre
Accreditation Status: Accreditation Report
Source: Aged Care Quality Agency
Do you need respite care, convalescent care, or permanent care for a loved one at mecwacare Malvern Centre ?
Are you seaching for a vacancy in an aged care home in MALVERN or close-by ?
NursingHomes.com.au can provide an independent and experienced advice about mecwacare Malvern Centre, including services delivered and financials, and a comparison to other aged care homes in MALVERN.
NursingHomes.com.au is a respected aged care placement service and can help you immediately.
Need more information - Contact Us
Malvern Centre is one of Melbourne’s premium aged care facilities, with over 100 residents enjoying a range of accommodation options.
Malvern Centre is located in the heart of Malvern, with easy access to Melbourne’s CBD, the highest quality medical facilities and superb shopping.
Accommodation for residents ranges from single-room to three-room suites (all with en suites) that can be configured to suit any requirements.
Malvern Centre has been specifically designed to give residents personal space and privacy. A number of community rooms are the ideal space for residents to meet with and entertain friends, with private suites also available. The private suites are spacious and bright – perfect for hosting special occasions and family gatherings.
The tranquil landscaped gardens are popular among residents, with these outdoor areas boasting park benches, lush garden beds and glorious views of the open sky.
Residents of Malvern Centre have access to the following services and amenities:
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)