Senior Moves
Aged Care Placement Services
Oxa Care in Epping
Open Now
Oxa Care is an innovative, sparkling new aged care home located at 513 High Street Epping, Victoria
Oxa Care is a 240 room Commonwealth subsidised and regulated aged care home spanning 4 levels of hotel-style comfort and service.
The management of Oxa Care have many decades of experience, from clinical care and lifestyle activities to quality hotel services.
Moving into residential aged care is a major event in any person’s life journey and it can be a stressful time for the carer's and family. Oxa Care does its utmost to assist the new resident through the initial period of adjustment by developing a relationship of ongoing communication between you, your family and the staff.
There is a lot of information to be absorbed and sometimes this can be overwhelming. Oxa Care hope that they are able to answer many of the questions that you or your family might have and help you quickly make the transition to settle to your new home at Oxa Care.
Dollars to Care is the Australian Government's groundbreaking analysis tool designed to bring financial transparency to the aged care sector.
513 High Street Epping 3076 Victoria
Residents: 240 Rooms
Type: Commonwealth Regulated and Subsidised
Provider: Oxa Care
RAD/DAP Conversion
Select RAD Amount: $
% |
Lump Sum RAD Paid : $
DAP :$20.20 per day
Interest rate (MPIR) is: 8.34%pa
(effective 1st April 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