Location and Contact

Address
74 Potts Road, Langwarrin VIC 3910
Visiting Hours

About the Home

Room Configuration and Pricing

Refundable Accommodation Deposits (RADs) range from $275k - $650k.

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
Room Size (m2)
Accommodation Pricing Options
Details
Classic Room Gold
17-19
  1. RAD $275,000
  2. DAP $30.89 per day
  3. Combination RAD/DAP. For example: 50% RAD $137,500 and 50% DAP $15.45
  4. Fully or partially Government supported accommodation (for no or minimal assets/income per Centrelink)

A delightful single room (17-19m² + ensuite & patio/balcony) with the following features:

  • external access to a patio or balcony;
  • in-built robes;
  • smart 50” wall-mounted TV;
  • private tiled ensuite;
  • fully electric Floorline King Single bed with hand & foot (5 function) controller including Trendelenburg functions with a pressure relieving mattress;
  • over-bed lifting system if required;
  • air-conditioning with individual room temperature control;
  • private telephone availability (extra cost).

Accommodation Fees / Deposits: Pricing Options (Only one will apply):

Option 1Option 2Option 3Option 4
Option 1
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.

Option 2
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 the July 1st 2020, the MPIR is 4.10%.

To calculate the equivalent DAP, multiply the RAD by the MPIR and divide by 365 for the daily rate.

Option 3
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.

Option 4
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.

Refundable Accommodation Deposit (“RAD”)
Daily Accommodation Payment (“DAP”)
Combination of RAD and DAP
Fully or Partially Government Supported Accommodation

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.

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 the July 1st 2020, the MPIR is 4.10%.

To calculate the equivalent DAP, multiply the RAD by the MPIR and divide by 365 for the daily rate.

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.

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.

Daily Fees:

In addition to the Accommodation Fees/Deposits, the following daily fees may apply:

  • BASIC DAILY FEE: This is set by Government (indexed each March and September) and is applicable to ALL residents. It is currently set at $52.25.
  • MEANS TESTED CARE FEE: A Government fee that MAY apply depending on your income and assets.
  • ADDITIONAL SERVICES: A fee that may be applicable if residents elect to take up packages/services designed to add a little additional luxury.