The need to move into residential aged care can be an unexpected and sudden surprise, and we’re here to make this journey easier for you. We know that trying to make sense of all the complicated fees and charges in a short amount of time can be daunting.
We suggest you start at the Federal Government’s My Aged Care website for a basic outline of what you might or might not need to pay, depending on your means. As a rough guide, the more means you have, the more the government will require you to contribute to the costs (which are capped).
Daily Care fees are paid by all residents, which are set by the Federal Department of Health. You will never be asked to pay more than you can afford for basic daily care, which is about 85% of the full aged pension. This fee costs the same and is paid by every resident in every aged care home in Australia.
You may be required to pay or contribute towards accommodation costs. How much will depend on the Federal Government’s
assessment of your income and assets, which sets maximum limits on how much you’ll be asked to pay.
For a detailed explanation of accommodation costs at aged care facilities, please see
Aged care home costs and fees at the Federal Government’s
official My Aged Care website. Feel free to contact
accounts@homewoodcare.com.au or Reception on 02 9503 1800 if you have any questions.
If you are assessed as being required to pay for your accommodation, you can use a:
You’ll have 28 days from the day you enter an aged care home to decide on your payment method. Until you make this decision, you are required to pay your accommodation costs by a rental-type ‘Daily Accommodation Payment’ (DAP). We encourage you to consult an aged care financial planner for help with choosing the best option for your situation.
Refundable Accommodation Deposit (RAD) and Daily Accommodation Payment (DAP) fees apply to financial residents only.
Basic daily fees are $63.57 per day.
Room Size
Approx. 13m²
Maximum RAD* Payable
$550,000
Maximum DAP** Payments 8.38%
$126.27
Example of combination payment of 50% refundable deposit and 50% daily payment
Example 50% RAD
$275,000
Example 50% DAP 8.38%
$63.14
Single Room
+
Shared Ensuite
Room Size
Approx. 15m²
Maximum RAD* Payable
$550,000
Maximum DAP** Payments
8.38%
$126.67
Example of combination payment of 50% refundable deposit and 50% daily payment
Example 50% RAD
$275,000
Example 50% DAP 8.38%
$63.14
Room Size
Approx. 25-30m²
Maximum RAD* Payable $475,000
Maximum DAP** Payments
8.38%
$109.05
Example of combination payment of 50% refundable deposit and 50% daily payment
Example 50% RAD
$237,500
Example 50% DAP 8.38%
$54.53
Please note
Homewood Club Gold Package fees applies to all admissions in Homewood Gardens, in addition to the accommodation fees below.
Room Size
Approx. 28m²
Maximum RAD* Payable
$650,000
Maximum DAP** Payments
8.38%
$149.23
Example of combination payment of 50% refundable deposit and 50% daily payment
Example 50% RAD
$325,000
Example 50% DAP 8.38%
$74.62
Deluxe Single Room
Room Size
Approx. 32m²
Maximum RAD* Payable
$850,000
Maximum DAP** Payments 8.38%
$195.15
Example of combination payment of 50% refundable deposit and 50% daily payment
Example 50% RAD
$425,000
Example 50% DAP 8.38%
$97.58
Room Size
Approx. 32m²
Maximum RAD* Payable
$450,000
Maximum DAP** Payments
8.38%
$103.32
Example of combination payment of 50% refundable deposit and 50% daily payment
Example 50% RAD
$225,000
Example 50% DAP 8.38%
$51.66
As a family owned and operated business, the health and wellbeing of our residents is what drives us to deliver the best in care and services that make all the difference to their happiness.
Homewood Club gives you choices of the various lifestyle activities, entertainment, dining, equipment and services we offer.
Rooms Extras | Gold | Platinum |
---|---|---|
Brand new pillows | yes | yes |
King single electric bed | yes | yes |
Personal bar fridge management - resident supplied | - | yes |
Pillow menu | yes | yes |
Private telephone - free local and interstate calls included | yes | yes |
Branded Quality Personal Toiletries & Bathroom Products | yes | yes |
Entertainment & Technology | Gold | Platinum |
---|---|---|
Family video conferencing | yes | yes |
Flat Screen Smart TV | yes | yes |
Internet / Wi-Fi | yes | yes |
IT helpdesk | yes | yes |
Radio Clock | yes | yes |
Foxtel | - | yes |
Earphones | yes | - |
Wellbeing & Social Activities | Gold | Platinum |
---|---|---|
Personal birthday cake | yes | yes |
Personal Equipment & Services | Gold | Platinum |
---|---|---|
Companion overnight in-room accommodation | - | yes |
Credit card payment facility | yes | yes |
Daily personal postage service | yes | yes |
Dedicated personal mobility aids | yes | yes |
Podiatrist -every 6 weeks | yes | yes |
Simple clothing repairs | yes | yes |
Test and tagging of personal electrical items | yes | yes |
Upgrade to printed clothing labels | yes | yes |
Washing of delicate items | yes | yes |
Dining & Drinks | Gold | Platinum |
---|---|---|
Chef prepared meals | - | yes |
Happy Hour - weekly | yes | yes |
Meal room service | yes | yes |
Meals cooked onsite | yes | yes |
Meal Takeaway Service | yes | yes |
Cost | Gold | Platinum |
---|---|---|
Package Daily Fee | $19.95 | $34.95 |
Package Daily Value | $46.00 | $77 |
Entertainment & Technology | Cost | Frequency |
---|---|---|
Cultural TV channel subscription | As per price list | per month |
Daily newspaper or weekly magazine | As per price list | per month |
Personal Equipment & Services | Cost | Frequency |
---|---|---|
Carer escort -appointments, shopping and more | $75.00 | per hour |
Dry cleaning -includes pick-up and deliver | As per price list | per item |
Hairdressing | As per price list | per item |
Private carer | $75.00 | per hour |
Private physiotherapist | $125.00 | per hour |
1 Standard Rate. Residents assessed as Government Supported by the Department of Human Services or Department of Veteran Affairs will be charged a maximum of $4.95 per day (indexed annually).
2 Club Package = Homewood, Gold Package = Homewood Gardens
If you are required to pay for your accommodation, you have greater choice in how you pay. You can use a:
If you are required to pay an accommodation payment, you will have 28 days from the day you entered care to decide on your payment method.
Until you decide on your ongoing payment method, you will need to pay your accommodation costs by rental-type ‘daily accommodation payment’ until you decide on your ongoing payment method.
If you choose to make your payment as a lump sum, this is called a ‘refundable accommodation deposit’.
A refundable accommodation deposit works like an interest-free loan to Homewood Care. The balance of the deposit is refunded when you leave the home less any amounts you have agreed to have deducted.
Instead of paying for your accommodation as a lump sum you can choose to pay as periodic payments. The amount you pay is based on a daily rate which is why this type of payment is called a daily accommodation payment. However, you will pay in instalments up to a month in advance. Daily accommodation payments, unless you have paid in advance, are not refundable if you leave the aged care home.
You can choose to pay for your accommodation as a part lump-sum refundable accommodation deposit and part rental-type payment known as ‘daily accommodation payments’.
The payment method which is most suitable for you will depend on your personal and financial situation. You may want to consult with a financial adviser before you make a decision. There are various government services and resources that can help you obtain appropriate financial advice. It’s a good idea to do some research to see what options work best for you.
For example, choosing a particular payment method may affect your pension, if you receive one.
If you choose a combination approach, there is the option to have your rental-type daily accommodation payment taken out of your lump-sum refundable accommodation deposit.
This will mean that the total amount in your refundable accommodation deposit will be reduced over time as your daily accommodation payment is deducted.
As your refundable accommodation deposit is reduced, your provider may ask you to top up your refundable accommodation deposit or pay a higher daily accommodation payment.
If you would like to discuss the fees in detail please book a visit with the CEO. All residents are encouraged to seek independent financial advice before entering into an agreement. Centrelink provide a free service to advise on Residential Care fees.
To obtain an updated list of Residential Care Fees and Charges please visit the Department of Health website.
If we haven't answered all you Frequently Asked Questions, please contact reception on 02 9503 1800
Phone: 02 9503 1800
Fax: 02 9503 1899
Location: 60 Regent Street,
Bexley, NSW 2207
Visiting Hours: Mon-Sun 10am - 5pm (everyday)
Our care team are here to assist you. We can answer any questions you have about the move into a Sydney residential aged care, and our relaxed family home. Call us on 02 9503 1800 to make an appointment for a private discussion and personal tour of our facility. Or complete our Contact Us form to book a facility tour.