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Yaraandoo Hostel

SOMERSET  TAS

Southern Cross Care (Tas) Inc


Location of Yaraandoo Hostel




Yaraandoo Hostel

1A Cardigan STREET SOMERSET TAS 7322

Beds: 82

Category: Religious

Provider: Southern Cross Care (Tas) Inc

Accreditation Report






Yaraandoo Hostel

Are you considering a residential care placement at Yaraandoo Hostel?

Do you have a loved one who needs respite or permanent placement at Yaraandoo Hostel or another aged care facility in the SOMERSET area ?

Preferably with an accommodation payment (RAD / DAP), and any additional service fees, within your budget?

Reduce the stress

We have been placing residents into residential aged care since 2002, and have detailed knowledge and experience to help you with this important decision about Yaraandoo Hostel.

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.

Application, admission and negotiating the fees at Yaraandoo Hostel

  • Assisting with the application, admission process, and fee negotiations at Yaraandoo Hostel.

  • Offering impartial advice on Yaraandoo Hostel and other aged care homes in the SOMERSET area.

  • Negotiating RADs (Refundable Accommodation Deposits) and additional service fees to secure the best financial outcome.

  • Providing a detailed comparison of aged care homes near SOMERSET, using our proven checklist to evaluate strengths and weaknesses.

  • Matching homes to meet your family’s needs, preferences, and timing.

  • Arranging tours of Yaraandoo Hostel and offering ongoing support throughout the process.

  • Completing necessary Commonwealth forms, such as the SA457 or SA485 Asset and Income Assessment forms.

  • Accurately preparing and submitting all application and admission paperwork for Yaraandoo Hostel.

  • Keeping you informed of vacancies at Yaraandoo Hostel through our strong relationships with admissions coordinators, ensuring prompt responses.

  • Offering advocacy and support throughout the settling-in period and beyond.




MPIR increased to 8.42% from 1st January 2025

The Maximum Permissible Interest Rate (MPIR) increased to 8.42% effective from January 1st 2025.

As facilities proceed to increase RAD’s, the lesser profitability of a concessional resident will result in a clear preference for RAD paying residents.

The effective Refundable Accommodation Contribution (RAC) on a refurbished aged care home, above the 40% concessional ratio, will be $302,671 from 1st January 2025, which will put pressure on those looking to find a concessional placement given average RAD’s are now much higher than this amount.

More about RAD, DAP & MPIR ...


RAD to DAP Conversion


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 8.42%.

%

  Lump Sum Paid: $

DAP :$20.20 pd

Interest rate (MPIR) is: 8.42%pa
(from 1/01/2025)