Understanding costs

We empower you to make informed decisions for you and your loved one by helping you navigate aged care pricing.

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Navigating aged care pricing

Aged care pricing encompasses daily care, accommodation and lifestyle experiences. The amount you pay will depend on your financial circumstances.

Before you apply for a residence, you will need to follow a few steps to find out how much you will pay. We’re here to help. We have broken down the process step-by-step.

Taking it step-by-step

Follow these steps to get a better understanding of how much you will pay for aged care.

Take assessment

The first step is to evaluate your care needs and find out if you’re eligible for government-subsidised services. You can apply for an assessment at My Aged Care.
Apply for an assessment

Look at accommodation costs

It’s a good idea to learn about how aged care costs are structured so you know what you can afford, and whether you will need financial assistance.
Learn about costs

Take the asset income test

You may be eligible for government assistance for aged care fees if your income and assets are below a certain level. You can book an asset income test at My Aged Care. This link will take you to an external website.
Find out more

Get an estimate

While it’s difficult to determine exactly how much you will pay for your aged care services, you can get an estimate by using the My Aged Care calculator. This link will take you to an external website.
Calculate costs

Seek financial guidance

Seeking advice from a financial advisor will help you make informed decisions about aged care services.
Arcare_Aged_Care_Pimpama_Guests at front_150dpi_RGB
resident Take assessment
Arcare_Aged_Care_Parkwood_Suite_1 Look at accommodation costs
list-slide-3 Take the asset income test
arcare_aged_care_pimpama_melva_technology_computer Get an estimate
Arcare_Aged_Care_Pimpama_Guests at front_150dpi_RGB Seek financial guidance

Breakdown of fees

Aged care pricing is broken down into daily fees and accommodation fees.
  • Daily fees

    Daily care fees cover the care services at your residence and extra lifestyle experiences.
    • Basic daily care fee: Covers care and support at your residence. It’s set by the Government and is based on approximately 85% of the single Australian-aged pension.
    • Means-tested care fee: Based on an assessment of your income and means.
    • Arcare signature fee: You may add living experiences to your aged care package, which will be added to your daily care fee.
  • Accommodation

    Accommodation fees depend on your residence and room type, and paid as a lump sum, daily payment, or a combination of both. Talk to one of our team members about your situation by booking a tour.
    • Refundable Accommodation Deposit (RAD): One-off lump sum payment based on your chosen suite refundable on departure.
    • Daily Accommodation Payment (DAP): A daily fee calculated from the RAD amount at the government’s set interest rate.
    • A Combination Payment: A hybrid of the RAD and DAP. You can pay part of your accommodation fees as a RAD and then the remaining balance through a DAP.

Government Support

The Australian Government provides financial assistance to those who are eligible, ensuring aged care services are accessible to everyone. Your asset and income assessment will determine the level of government support you can receive.

Arcare is part of your community and are here to help. At Arcare we value our place in the community and realise that some people need a hand to get into aged care. For those in financial need, ask about our concessional bed availability. It’s our way of keeping families close to each other, while still offering the highest of care.

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Concessional Support

What is concessional support?

Concessional aged care refers to government supported subsidies for pensioners with low assets and if eligible, residents are not required to pay an accomodation bond in addition to aged care fees.

Read more information about concessional aged care now.

Am I eligible for concessional aged care?

Concessional aged care residents must be eligible by meeting a certain criteria.

Find out your eligibility today.

How do I enquire about concessional aged care?

To enquire after our concessional aged care options, please request a tour using our contact form or speak to our team about your options, and mention the Arcare residence of choice that offers the concessional option on 1300 294 391.

Visit My Aged Care for more information

For more information on aged care pricing and to find out more about what you can expect to pay, My Aged Care is an invaluable resource. This link will take you to an external website.
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Experience life
at Arcare

Get a feel for what life is like at Arcare and meet our friendly staff on a guided tour.
Get a feel for what life is like at Arcare and meet our friendly staff on a guided tour.