Aged Care in Fawkner VIC
St Basils Homes for the Aged in Victoria
24-36 Lorne Street Fawkner VIC 3060
Beds: 150
Category: Religious
Provider:
St Basil's Homes for the Aged in Victoria
Accreditation Report for St Basils Homes for the Aged in Victoria
RAD to DAP Conversion
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)
Aged Care Placement Service
Are you searching for a respite or permanent aged care placement at St Basils Homes for the Aged in Victoria or a another aged care home in the Fawkner location?
Minimise your Time and Reduce Your Stress
We have helped many families through this difficult process and have in-depth knowledge and experience to help you with this important decision about St Basils Homes for the Aged in Victoria.
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.
Application, Admission Forms & Negotiating Accommodation Fees at St Basils Homes for the Aged in Victoria
- We can provide unbiased advice about St Basils Homes for the Aged in Victoria and comparisons to services and facilities of aged care homes in and around Fawkner.
- Explaining strengths and weaknesses of different homes in and around Fawkner - this advice is based upon previous family experiences and using our proven checklist to guide your decisions.
- We can negotiate the RAD and additional service fees to achieve the best financial arrangement for your family.
- We can match appropriate homes to your family requirements, preferences and timetable.
- Arranging and scheduling facility tours to a range of facilities including St Basils Homes for the Aged in Victoria that works to your availability.
- Completing the important Centrelink forms ie. SA457, SA485 Asset and Income Assessment forms.
- Accurately completing and lodging the application and admission paperwork with St Basils Homes for the Aged in Victoria.
- Be first to hear about vacancies - prompt notification and response to current vacancies at St Basils Homes for the Aged in Victoria through our diligence and established relationships with admission coordinators.
- Provide advocacy and on-going support during the settling-in period after the placement has been arranged.
RAD Interest Rate (MPIR) Updates
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).
RAD Retention Amount Introduced
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.
MPIR Indexed to CPI
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.
