San Carlo Homes for the Aged: costs explained 

 Basic daily fee (All residents pay the Basic Daily Bed Fee)

A basic daily fee is used to contribute towards your day-to-day living costs such as meals, cleaning, laundry, heating and cooling. Everyone entering an aged care home can be asked to pay this fee.

This rate increases on 20 March and 20 September each year in line with changes to the Age Pension.

Concessional / Non Concessional click here

How is the basic daily fee rate worked out?

For new residents and cost of respite. The basic daily fee is based on 85% of the single person rate of the basic age pension, making the basic daily fee (from 20 March 2024 to 19 September 2024): $61.96 per day.

This amount is indexed with the age pension. This applies even if you are a member of a couple.

Accommodation payments

This is for your accommodation in the home. Some people will have their accommodation costs met in full or in part by the Australian Government, while others will need to pay the accommodation price agreed with the aged care home. Services Australia will advise which applies to you based on an assessment of your income and assets.

How do I pay my accommodation costs?

You can choose to pay your accommodation costs by:

  • a lump-sum style ‘refundable accommodation deposit’ (RAD)
  • rental-type payments called a ‘daily accommodation payment’ (DAP)
  • or a combination of both. You will have 28 days from the day you entered care to decide your payment method. You must pay your accommodation costs by the rental-type payment method (DAP), until you decide on your ongoing payment method

Examples of accommodation costs

Hostel 60 rooms:

Single room + ensuite: Refundable Deposit (RAD) $550,000.00 OR Daily Accommodation Payment  (DAP) of $125.98

Combination Payment Example: 50% refundable deposit of $275,000 and 50% daily payment of $62.99

Hostel 2 person couples room: (Rates are per person in the couples room)

Single room + ensuite: Refundable Deposit (RAD) $550,000.00 OR Daily Accommodation Payment (DAP) of $125.98

Combination Payment Example: 50% refundable deposit of $275,000 and 50% daily payment of $62.99

Hostel 2 terrace rooms:

Single room + ensuite: Refundable Deposit (RAD) $700,000.00 OR Daily Accommodation Payment  (DAP) of $160.33

Combination Payment Example: 50% refundable deposit of $350,000 and 50% daily payment of $80.17

Sole Unit 12 rooms, Mare Unit 12 rooms, Monti Unit 13 rooms:

Single room + ensuite: Refundable Deposit (RAD) $650,000.00 OR Daily Accommodation Payment  (DAP) of $148.88

Combination Payment Example: 50% refundable deposit of $325,000 and 50% daily payment of $74.44

South Unit 22 rooms:

Single room + ensuite: Refundable Deposit (RAD) $550,000.00 OR Daily Accommodation Payment  (DAP) of $125.98

Combination Payment Example: 50% refundable deposit of $275,000 and 50% daily payment of $62.99

South 2 person couples room: (Rates are per person in the couples room)

Single room + ensuite: Refundable Deposit (RAD) $550,000.00 OR Daily Accommodation Payment (DAP) of $125.98

Combination Payment Example: 50% refundable deposit of $275,000 and 50% daily payment of $62.99

South Unit Balcony 2 rooms:

Single room + ensuite: Refundable Deposit (RAD) $850,000.00 OR Daily Accommodation Payment (DAP) of $194.69

Combination Payment Example: 50% refundable deposit of $425,000 and 50% daily payment of $97.35

North Unit 17 rooms:

Single room + shared bathroom: Refundable Deposit (RAD) $550,000.00 OR Daily Payment (DAP) of $125.98

Combination Payment Example: 50% refundable deposit of $275,000 and 50% daily payment of $62.99

Room Descriptions – click here

Room sizes:

Hostel – 60 rooms – 15.85m2 to 18.5m2 to 21.08m2

Hostel – 2 rooms – 29.8m2 and 23.8m2

North Unit 17 rooms – 11.4m2 to 24.48m2

South Unit 26 rooms – 13.86m2 to 38m2

Mare Unit 12 rooms – 16.2m2 to 18.3m2

Sole Unit 12 rooms – 16.2m2

Monte Unit 13 rooms – 16.5m2 to 17.5m2

Means-tested care fee 

This is an additional contribution towards the cost of care that some people may be required to pay.

Services Australia will work out if you are required to pay this fee based on an assessment of your income and assets, and will advise you of the amount. 

There are annual and lifetime caps that apply to the means-tested care fee. Once these caps are reached, you cannot be asked to pay any more means-tested care fees.

Annual cap

The maximum means-tested care fee you can be asked to pay each year is $33,309.29 This cap is indexed. Once this cap is reached, you cannot be asked to pay any more means-tested care fees until the next anniversary of the date of your first entry into an aged care home. Your service provider can still ask you to pay the basic daily fee and your agreed accommodation costs.

Lifetime cap

The maximum means-tested care fee you may be asked to pay is $79,942.44 in your lifetime. This cap is indexed.

When you have reached this lifetime cap, you cannot be asked to pay any more means-tested care fees. You can still be asked by your service provider to pay the basic daily fee and your agreed accommodation costs.

(Amounts are correct from 1st July 2024 to 19th September 2024)

My Aged Care Fee Estimator

https://www.myagedcare.gov.au/fee-estimator/residential-care/form