Accommodation Pricing

From 20th March 2019, new pricing came into effect as part of the government Living Longer Living Better reforms. Residents can choose to pay for their accommodation by a refundable deposit, a daily payment or a combination of both. A maximum refundable accommodation deposit (RAD) is paid as a lump sum amount. A maximum daily accommodation payment (DAP) accrues daily and is paid periodically, for example monthly. A combination payment includes both a partial lump sum and daily payments.

Basic Daily Fee  $51.21

 

Room Type

Maximum Occupancy

Size

RAD

DAP

50% RAD

50% DAP

Companion

4

35m2

300,000

48.98

150,000

24.49

Companion 2

2

26m2

350,000

57.15

175,000

28.57

 

Single A

1

19m2

375,000

61.23

187,500

30.61

Deluxe

(Magnolia)

1

36m2

550,000

89.80

275,000

44.90

 

 

 

 

 

 

 

 

 

 

 

Asset Free Threshold                      $49,500

First Asset Threshold                      $168,351.20

Second Asset Threshold                 $406,053.60

Maximum Permissable Interest Rate: 5.96%

 

 

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Hawkesbury Living