Senior Moves
Aged Care Placement Services
34 Wellington Road Arcare Lysterfield
Opening June 2025
Arcare Lysterfield is expected to open in June 2025
Arcare Lysterfield will be a beautiful new aged care home located at Lysterfield.
Like to Know More?Arcare Lysterfield overlooks adjacent parklands. The picturesque setting will provide a serene and tranquil environment for all residents. The location offers convenient access to shopping precincts, parks and medical facilities, ensuring that residents have everything they need within reach.
34 Wellington Road Lysterfield 3156
Residents: TBA
Type: Commonwealth Regulated and Subsidised
Provider: Arcare
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)
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 ...