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Residential accommodation create their fees based on a RAD (Refundable Accommodation Deposit) and a daily rate. Many facilities will negotiate these fees. Use the calculator below to see how a lower RAD can be offset by a highly daily rate
Drag the slide to calculate accurate room costs in the table below.
| Room type | Cost | |||
|---|---|---|---|---|
Shared Room Shared room with Private ensuite 23.00m2 – 0.00m2 | $300,000
maximum RAD | or | $62.55
maximum Daily rate | |
Platinum room Single room with Private ensuite 23.00m2 – 0.00m2 | $450,000
maximum RAD | or | $93.82
maximum Daily rate | |
Companion room Companion room with Private ensuite 20.00m2 – 0.00m2 | $450,000
maximum RAD | or | $93.82
maximum Daily rate | |
Shared Deluxe Single room with Private ensuite 0.00m2 – 0.00m2 | $500,000
maximum RAD | or | $104.25
maximum Daily rate | |
Standard Room Single room with Private ensuite 15.00m2 – 16.00m2 | $670,000
maximum RAD | or | $139.69
maximum Daily rate | |
Oak Room Single room with Private ensuite 0.00m2 – 0.00m2 | $900,000
maximum RAD | or | $187.64
maximum Daily rate | |
The information which is summarised herein does not constitute financial or other professional advice and is general in nature.
It does not take into account specific circumstances and should not be acted on without full understanding of your current situation.
Any objectives should be discussed with an Aged Care Financial Advisor.