Residential Care Facility Directory
Pleasant Valley Aged Care Service
in Mount Pleasant SA
28 HOSPITAL ROAD Mount Pleasant SA 5235
Beds: 22
Category: State Government
Provider:
Barossa Hills Fleurieu Local Health Network Incorporated
First select the RAD Amount that has been agreed to:
Agreed RAD: $
Use the slider to see how the daily accommodation payment (DAP) will change depending on the lump sum component of the RAD paid. The DAP is based on the current maximum permissible interest rate (MPIR) of 7.96%.
| % |
Lump Sum Paid: $
DAP :$20.20 pd
Interest rate (MPIR) is: 7.96%pa
(from 1/4/2026)
Are you searching for a respite or permanent aged care placement at Pleasant Valley Aged Care Service or a another aged care home in the Mount Pleasant location?
We have helped many families through this difficult process and have in-depth knowledge and experience to help you with this important decision about Pleasant Valley Aged Care Service.
Don't be too hasty and make easy mistakes. use our knowledge and experience before you make a snap decision which could have a major impact on your relative's health and well-being.
From 1 April 2026, the Maximum Permissible Interest Rate (MPIR) has increased to 7.96% pa
Because the Refundable Accommodation Deposit (RAD) price approval threshold (the "capped price") has increased to $758,627 RAD's have risen significantly across most aged care homes. Any increase to the MPIR increases the cost of paying via Daily Accommodation Payments (DAP's).
The Refundable Accommodation Deposit (RAD) now has a retention of 2% of the paid RAD (up to a maximum 10% across 5 years) from the date of the first payment. It’s interesting here that it is based on what RAD you have paid. We are expecting that some clients may pay a small/nominal RAD/RAC at entry in order to “kick-start” the 5 year clock. This will limit the total retention fee exposure over a client’s lifetime in care. Smart move.
The Maximum Permissible Interest Rate (MPIR) which is applied to the unpaid RAD will now be indexed to CPI twice a year (similar to how the Daily Care Fee moves in line with the age pension). This is going to be hard to calculate as there will now be an indexation factor to apply to the original MPIR which will be based on the date in which the client entered care.