Senior Moves
Aged Care Placement Services
Arcare Ringwood
Opening Early 2025
Arcare Ringwood is expected to open in Early 2025
Arcare Ringwood will be a beautiful new aged care home located at 313 - 317 Canterbury Road Ringwood 3134.
Like to Know More?Arcare Ringwood 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.
313 Canterbury Road Ringwood 3134
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 8.38%.
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Lump Sum Paid: $
DAP :$20.20 pd
Interest rate (MPIR) is: 8.38%pa
(from 1/10/2024)
From 20 September 2024, the following aged care fees will become effective:
The Basic Daily Care Fee increases to $63.57 pd (from $61.96 pd).
The Fully-Supported Asset Threshold increases to $61,500 (from $59,500).
The Non-Supported Asset Threshold increases to $206,039 (from $201,231).
The maximum Daily Accommodation Contribution (DAC) for refurbished / non-refurbished rooms will be $69.49 pd / $45.31 pd respectively.
The effective Refundable Accommodation Contribution (RAC) for a refurbished facility, above the 40 % fully supported ratio, will be $303,395 which will put pressure on persons looking for a fully supported placement, given that the average RAD is now higher than this amount.
The Maximum Permissible Interest Rate (MPIR) has been finalised for 1 October 2024, and has been set at 8.38% pa.
The Basic Daily Care Fee and some aged care thresholds are indexed to the Age Pension. On the 20 September 2024, the single age pension increased from $1,116.30 fn to $1,144.40 fn. This is based upon recent increases in the cost of living reflected in the Pensioner & Beneficiary Living Cost Index (PBLCI).
Learn about RAD, DAP & MPIR ...