Accommodation Pricing

From 20th March 2024, 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 $61.96

 

 

Room Type
 
 Maximum 
occupancy
 Size m2

 RAD

 DAP
50%RAD

 50%DAP

Companion

4

35 m2

$300,000

 $68.55

 $150,000

$34.27

Companion 2

2

26 m2

$350,000

 $79.97

 $175,000

$39.99

Single A

1

19 m2

$375,000

 $85.68

 $187,500

$42.84

Magnolia Deluxe

1

(Couple)

36 m2

$550,000

$700,000

 $125.67

$159.95

 $275,000

$350.000

$62.84

$79.97

Rivera Suites

1

22.5 m2

$500,000

 $114.25

 $250,000

$57.12

Rivera Companion Suites

2

37.9 m2

$400,000 (each)

 $91.40

 $200,000

$45.70

Rivera Delux

1

37.9 m2

$800,000

 $182.79

 $400,000

$91.40

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset Free Threshold:                         $59,500

First Asset Threshold:                         $201,231.20

Second Asset Threshold:                    $484,693.60

MTF annual cap:                                   $33,309.29

MTF lifetime cap:                                  $79,942.44

Maximum Permissible Interest Rate:  From 1 July is 8.36%

 Please click here for further information 

 

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Hawkesbury Living