Costs Explained

At Opal we understand that the decision to move into aged care is not an easy one. We also know that understanding the costs and process can be confusing. That’s why we have made it as easy as possible with the help of our Payment Calculator and our Five Easy Steps Guide. Read below to have aged care costs explained.

The My Aged Care website has a useful tool that may help you to estimate your fees. You can find it here: The fee estimator is only a guide. Actual fees and payments will depend on confirmation of your personal circumstances.

What are the costs of aged care accommodation?

From 1 July 2014, new pricing came into effect as part of the government Living Longer Living Better reforms.

There are three ways a resident can choose to pay for accommodation:

Refundable Accommodation Deposit (RAD) A maximum refundable accommodation deposit (RAD) paid as a lump sum amount and is completely refundable. 
Daily Accommodation Payment (DAP)  A maximum daily accommodation payment (DAP) accrues daily and is paid periodically, for example monthly.
A combination of the above two options  A combination payment includes both a refundable partial lump sum and non- refundable daily payments


The Opal Accommodation Payment Calculator can assist you to determine the best option for you and shows you the impact on the DAP depending on the amount of the advertised RAD you elect to pay.

Payment Calculator

If you are looking for a specific room type in an Opal home, please select the home and room. The advertised RAD will be shown. You can then adjust the slider to see the impact on the payment options.

You can also enter the Advertised price of the room in the RAD box and adjust the slider to see the impact on the payment options.

Calculation Type

Please select how you would like to use the Pricing Calculator

Select Calculator Type

Select a Home

Please select the home or location based on following options.

Pricing Calculator

Please enter an amount of refundable RAD and then adjust the slider to determine different pricing outcomes..

Calculate DAP

Refundable RAD

If you would like to have the costs explained in more detail or would like to discuss your specific circumstances, please call 1300 362 481.

The Opal Accommodation Payment Calculator aims to help determine accommodation payments only. For a full overview of costs you can download our Five Easy Steps Guide which details other costs and can assist make the process easier.

The DAP is based on a Maximum Permissible Interest Rate (MPIR). This interest rate is set by the Government and updated twice per annum. The MPIR is applied at the rate applicable at date of your agreement and does not change.