The Croft Developments team worked hard to create the beautiful home that our residents all love. From the initial design to the finishing touches, a person-centred approach ensures that every resident feels comfortable in their new home.
We have a range of Refundable Accommodation Deposits (RADs) available.
Please note, residents with minimal assets and income (as assessed by the Government to receive full or partial support) will not be subject to RAD/DAP costs. Fully Supported residents will pay only a Basic Daily Fee (which is calculated at 85% of the basic single Age Pension) whereas Partially Supported residents will be required to pay an additional Contribution as determined by the Government
With the exception of Accommodation Fees/Deposits (which are negotiated with Signature Care directly), all other fees and charges are mandated by the Australian Government (i.e. Department of Health, Department of Veterans Affairs, etc).
Room Size (m2)
Accommodation Pricing Options
Classic Room Platinum
Refundable Accommodation Deposit (“RAD”)
A RAD is a one-off lump sum payment to Signature Care. The full RAD amount is refunded upon departure of the home, less any amounts you have agreed to be deducted (if applicable) and is 100% guaranteed by the Australian Government.
Daily Accommodation Payment (“DAP”)
A DAP is a daily payment of interest on the room price which is billed monthly (i.e. a rental-type payment).
Unlike the RAD, the DAP is not refundable upon departure of the home.
The DAP pricing is based on the Government set interest rate at the time of entry. This is known as the Maximum Permissible Interest Rate (MPIR). This amount may vary from time to time but will be fixed at the rate of permanent entry, for the duration of the resident’s stay, based on any unpaid component of the Refundable Accommodation Deposit.
As of 1st Jan 2024, the MPIR is 8.38%.
To calculate the equivalent DAP, multiply the RAD by the MPIR and divide by 365 for the daily rate.
Combination of RAD and DAP
The accommodation cost is paid by a combination of RAD and DAP where you choose a partial RAD amount and this will then adjust the amount you pay via the daily charge.
For a combination RAD/DAP payment, multiply the remainder of the RAD by the MPIR and divide by 365.
Fully or Partially Government Supported Accommodation
Signature Care offer fully supported rooms where no accommodation contribution is required, or partially supported rooms, where only a very small accommodation contribution is required.
To check if you are eligible, please complete an Income and Assets Assessment Form from the Department of Human Services (www.humanservices.gov.au) and submit to Centrelink.
In addition to the Accommodation Fees/Deposits, the following daily fees may apply:
* Pending government approval.
Accomodation can be paid all at once using a refundable accommodation deposit which is 100% guaranteed by the Australian Government.
Rather than a lump sum, accommodation can be paid for by a daily accommodation payment (DAP) which is billed monthly.
Alternatively, a percentage of the deposit can be paid which will lower the DAP cost.
and have to deposit towards the $0 deposit.
All rooms include at minimum:
Private tiled ensuite
50" smart TV
Electric king single bed
Private phone (extra cost)
Your daily cost may also include a government-set Means Tested Care Fee.
The Basic Daily Fee is set by the Government (indexed each March and September) and applies to all aged care homes.
Signature Care does not charge an Extra Services Fee nor an Additional Services Fee.Fees & Costs