Accommodation Pricing

From 1st October 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 $51.63

 

Room Type
 
 Maximum 
occupancy
 Size m2
 RAD
 DAP
50%RAD
 50%DAP

Companion

4

35 m2

$300,000

 $40.93

 $150,000

$20.46

Companion 2

2

26 m2

$350,000

 $47.75

 $175,000

$23.87

Single A

1

19 m2

$375,000

 $51.16

 $187,500

$25.58

Magnolia deluxe

1

36 m2

$550,000

 $75.04

 $275,000

$37.52

Rivera companion suites

2

37.9 m2

$375,000ea

 $51.16

 $187,500

$25.58

Rivera deluxe

1

37.9 m2

$550,000

 $75.04

 $275,000

$37.52

Rivera suites

1

22.5 m2

$400,000

 $54.57

 $200,000

$27.28

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset Free Threshold:                         $49,500

First Asset Threshold:                         $169,079.20

Second Asset Threshold:                    $408,237.60

Maximum Permissible Interest Rate:  4.98% as at 1.10.2019

 

 

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Hawkesbury Living