CAULFIELD SOUTH VIC
Calvary Care
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The Huntly Suites form part of Calvary’s new development in Victoria, Calvary Kooyong Precinct, a new retirement living, health and residential care complex.
Aged care services at Calvary Huntly Suites include both permanent aged care and residential respite care options, with nursing staff operating 24 x 7 and visits from specialists to support all residents aged care needs.
Calvary has been caring for the Melbourne community for 80 years and is continuing source of healing, hope and nurturing to the residents that they serve. Calvary promises to provide care with dignity and to improve the health and well-being of every resident.
Each Suite, along with a range of indoor and outdoor spaces, provides a place to live, with the benefits of 24-hour care. From landscaped gardens to well designed communal dining, lounges and library, this is an aged care home of comfort and convenience
476 Kooyong Rd Caulfield South VIC 3162
Residents: ... Rooms
Type: Commonwealth Regulated and Subsidised
Provider: Calvary
First select the RAD Amount that has been agreed to:
Agreed RAD: $
Use the slider to see how the daily accommodation payment (DAP) will change depending on the lump sum component of the RAD paid. The DAP is based on the current maximum permissible interest rate (MPIR) of 8.17%.
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Lump Sum Paid: $
DAP :$20.20 pd
Interest rate (MPIR) is: 8.17%pa
(from 1/04/2025)
From 1 April 2025, the Maximum Permissible Interest Rate (MPIR) is 8.17%
Since the RAD price approval threshold increased to $750,000 in January 2025, Refundable Accommodation Deposits (RADs) have risen significantly across most aged care homes. For residents, any reduction in the MPIR is a positive change, as it lowers the cost of paying via Daily Accommodation Payments (DAPs).
Aged care facilities continue to prefer residents who pay a RAD upfront rather than those on concessional arrangements. Since lower-tier RADs have increased, the provider-centric income gap between full-paying and concessional residents has widened.
For facilities with more than 40% concessional residents, the effective Refundable Accommodation Contribution (RAC) is now $311,791. However, with the average RAD now sitting well above this amount, it remains challenging for concessional residents to secure placements.
This trend will most likely continue, increasing pressure on those seeking supported placements in aged care homes.
More about RAD, DAP & MPIR ...