Boyne Russell House in BRUNSWICK VIC

Aged Care Home Directory

Boyne Russell House

Location

184-186 Victoria STREET BRUNSWICK VIC 3056

Beds: 30

State Government

Service Provider: Melbourne Health

Accreditation Report

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 ...

Are you considering a placement at Boyne Russell House?

Do you need to find respite or permanent placement at Boyne Russell House or another aged care home in the BRUNSWICK area?

Reduce Your Stress

We have helped many families through this difficult time and have detailed knowledge and experience to help you with this important decision about Boyne Russell House.

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 Forms and Negotiating the Accommodation Fees at Boyne Russell House

Providing you with unbiased advice about Boyne Russell House and other aged care homes nearby to BRUNSWICK.

Negotiating RAD's and additional service fees to achieve the best financial arrangement for your family.

Explaining strengths and weaknesses of different homes near BRUNSWICK - using our proven checklist to guide your decisions.

Matching appropriate homes to your family requirements, preferences and timetable

Arranging facility tours to Boyne Russell House and providing support

Completing the important Centrelink forms ie. SA457 or SA485 Asset and Income Assessment form

Accurately completing and lodging the application and admission paperwork for Boyne Russell House

Be first to hear abour vacancies - prompt notification and response to current vacancies at Boyne Russell House through our established and trusted relationship with admission coordinators

Provide advocacy and support during the settling-in period and after the placement has been completed

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)