Funding your home and care
How it works: financial stages of your move
Having all the information beforehand will help you make the right choice for your needs and situation when preparing for a move into a Care Apartment. There are three financial stages for your time at Glengara Care: moving in, living, and leaving.
Moving in
You make your ingoing contribution before moving into your Glengara Care apartment. This covers the cost of your apartment and establishes your Care Account which includes an initial 200 hours (approximately) of care services.
Your Care Account is managed by Capital Guardians, in your name, and is used to fund your future care needs.
Living in my Care Apartment
While living at Glengara Care, you will have two ongoing costs: a recurrent general services fee, and a periodic top up of your Care Account.
The general services fee pays for things like meals, base care services, your care manager and maintaining the village and amenities.
Your Care Account is used to cover your care costs and is a safety net in the event your care needs escalate quickly. Unused funds in your Care Account are fully returned when you leave the village.
Leaving the community
When you leave the village, you’ll be refunded your ingoing contribution, less your departure fee and other exit costs.
The departure fee accrues during your first three years living in the Glengara community and is capped at 35% of the ingoing contribution.
From the day you move in, you’ll be certain of the maximum fee you’ll pay based on the amount of time you spend in your care apartment.
Our Financial Brochure offers clarity and certainty on funding your home and care. Understand all the costs of moving into Glengara Care.
For more information or to make an appointment, please fill in the form below or call us on 1800 955 070.
COVIDSafe Appointments
We offer COVIDsafe property inspections and tours of our community facilities in line with the latest government advice.
Find out more about our response to COVID-19 here.