Residents assessed as having the means to pay an accommodation deposit will be required to either pay a Refundable Accommodation Deposit (RAD) of $755,000, a Daily Accommodation Payment (DAP) or a combination of both. Residents have the option of paying a combined RAD and DAP payment structure. The RAD is refundable, less agreed fees when the resident leaves the facility. The DAP is not refundable and is based on the Maximum Permissible Interest Rate (MPIR) set by the Commonwealth Government and reviewed quarterly. The MPIR is fixed at the date of admission and is currently 8.51% (effective 1 October – 31 December 2026).
For example, on a room priced at $755,000, a resident can choose to pay the full RAD ($755,000) and no DAP; or pay 50% of the RAD ($377,500) and a DAP of approximately $88.01 per day; or not pay any RAD and pay a DAP of approximately $176.03 per day.
More information on current MPIR rates and pricing can be found on the MyAgedCare website. We also invite you to speak with us to learn more about our rooms, services, and pricing.













