Aged Care Connect
Respite, Complex Care,
& Dementia Placements.
KILSYTH VIC
Australian Unity Care Services Pty Ltd
Open Now
Walmsley Aged Care is a stunning new aged care home located at 402 Greeves Drive, Kilsyth Vic 3137
Walmsley Aged Care has been redesigned, re-imagined and rebuilt so the local community can continue to receive first-class care and support. Set in a beautiful treed environment, residents will receive the care and support that they require.
Walmsley Aged Care is a 120 room Commonwealth subsidised and regulated aged care home: 84 standard rooms, 18 memory support rooms and 18 deluxe queen rooms.
402 Greeves Drive Kilsyth Vic 3137
Residents: 120 Rooms
Type: Commonwealth Regulated and Subsidised
Provider: Australian Unity
Select RAD Amount: $
% |
Lump Sum RAD Paid : $
DAP :$20.20 daily
Interest rate (MPIR) is: 8.34%pa
effective 1/04/2024
The Maximum Permissible Interest Rate (MPIR) will reduce to 8.34% pa from
For a Refundable Accommodation Deposit (RAD) of $550,000 the equivalent Daily Accommodation Payment (DAP) reduces to $125.67 pd ($45,870 pa).
The Reserve Bank has kept the cash rate on hold for a few months, so we are seeing a very small decrease in the MPIR. This could mean that the MPIR has reached its peak and could be on the slide down.
Also from 1st April 2024, the refurbished Daily Accommodation Contribution (DAC) rate of $68.14 means an equivalent Refundable Accommodation Contribution (RAC) of $298,215. In June 2022 the RAC was $544,719, meaning that aged care homes that are “RAD-focused” are now less likely to look at fully supported / partially supported residents if the aged care home has already exceeded their 40% supported ratio, as the RAC has now dropped below $300,000.
The change in the MPIR to 8.34% is welcomed but should have no major impact on residents as they enter an aged care home from
Learn about RAD, DAP and MPIR ...
Need to discuss aged care fees? Contact Us