Accommodation Pricing

From 1 April 2025, 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 $63.82

 

 

Room Type
 
 Maximum 
occupancy
 Size m2

 RAD

 DAP
50%RAD

 50%DAP

Companion

4

35 m2

$300,000

 $67.15

 $150,000

$33.58

Companion 2

2

26 m2

$350,000

 $78.34

 $175,000

$39.17

Single A

1

19 m2

$375,000

 $83.94

 $187,500

$41.97

Magnolia Deluxe

1

(Couple)

36 m2

$550,000

$700,000

 $123.11

$156.68

 $275,000

$350.000

$61.55

$78.34

Rivera Suites

1

22.5 m2

$500,000

 $111.92

 $250,000

$55.96

Rivera Companion Suites

2

37.9 m2

$450,000 (each)

 $100.73

 $225,000

$50.36

Rivera Delux

1

37.9 m2

$800,000

 $179.07

 $400,000

$89.53

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset Free Threshold:                         $61,500.00

First Asset Threshold:                         $206,663.20

Second Asset Threshold:                    $496,989.60

MTF annual cap:                                   $34,311.23

MTF lifetime cap:                                  $82,347.13

Maximum Permissible Interest Rate:  From 1 April 2025 is 8.17%

 Please click here for further information 

 

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Hawkesbury Living