Aged care
fees & costs
Napier Street is a not-for-profit organisation
Revenue from fees is used to deliver and improve the services provided to the Napier Street Aged Care community.
Fee types
Daily cost
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Basic daily fee
$61.96max
Everyone pays a basic daily fee. This fee helps pay for your day-to-day services such as meals, cleaning, facilities management, and laundry. Generally, you pay on a fortnightly or monthly basis. The fee applies for every day you are a resident, including days when you might be away overnight—for example, on holiday or in hospital.
How the fee is determined
The basic daily fee is set at 85% of the single-person rate of the basic age pension. The government updates it on 20 March and 20 September each year in line with increases to the age pension. Prices are published on the Department of Health website.
Based on current rates, the maximum basic daily fee is $60.86 per day. The government updates it on 20 March and 20 September each year in line with increases to the age pension. Prices are published on the Department of Health website.
Means-tested fee
$0 - $358.41
The means-tested care fee is an extra contribution that some people pay, as determined through a means assessment. It is an ongoing fee towards the cost of your personal and clinical care. Personal care can include help with bathing, dressing, grooming, and assistance with other personal needs. Clinical care can include services like specialised nursing services, medication assistance, or catheter care. This means-tested care fee is different for everyone, and not everyone will have to pay it. If you do need to pay it, the exact amount will be determined once you enter care. Services Australia will let you and your provider know what this amount will be for you. Your means-tested care fee will be between $0 and $358.41per day. The maximum means-tested care fee changes with indexation and is regularly updated on this site.Your means-tested care fee does not remain fixed when you enter an aged care home; it can change over time.
The government updates it on 20 March and 20 September each year in line with increases to the age pension. Prices are published on the Department of Health website.
Accomodation fee
$112.41 - $344.38
Heritage Suite Rooms
Maximum refundable deposit: $1,500,000
Maximum daily payment: $344.38
Combination payment: 50% refundable deposit of $750,000 & 50% daily payment of $172.19
Superior Deluxe Rooms
Maximum refundable deposit: $800,000
Maximum daily payments: $163.51
Combination payment: 50% refundable deposit of $400,000 & 50% daily payment of $81.76
Heritage Standard Rooms
Maximum refundable deposit: $550,000
Maximum daily payments: $112.41
Combination payment: 50% refundable deposit of $275,000 AND 50% daily payment of $56.21
Seek financial advice before making a decision
Since every person’s circumstances and needs are different, we strongly recommend that you and/or your family seek independent, professional financial advice before choosing a payment option. While we are not able to provide any financial advice to you, the team at Napier Street Aged Care will happily answer any general questions you may have regarding costs associated with admissions as far as we are able.
Aged care fees &
costs FAQs
Annual and lifetime caps in Means-tested fee?
There are annual and lifetime caps that apply to the means-tested care fee. Once you reach a cap, you cannot be asked to pay any more in means-tested care fees.
Annual and lifetime caps are indexed on 20 March and 20 September each year. The cap amounts that apply to you are those that are current when you reach them, not those that were current when you entered care.
The maximum an aged care home can charge you as of 1 October 2022 is:
- $ 31,706.85 per year, or
- $ 76,096.50 in a lifetime.
Note: Any income-tested care fee you paid while you were receiving home care will also be counted towards the annual and lifetime caps if you move into an aged care home.
When should I get a means assessment?
Most people should complete their assessment after they have been assessed for an aged care home and before they have entered care. However, if you want to understand your costs upfront, you can complete your means assessment earlier.
How do I know if I need to pay a means-tested care fee?
There is a link to the My Aged Care website fee estimator to find out if you need to pay a means-tested care fee and get an estimate of what the amount might be.
If you do have to pay a means-tested care fee, you may need to complete a means assessment to find out the exact amount. Read more about means assessments and find out if you need to complete one using our Income and means assessments tool.
