Continuing your life journey, your way

Here at Sheridan, our staff are passionate about ensuring that when our ageing community members enter care, they continue to live their life – their way. Our goal is to provide residents with a meaningful experience, with an emphasis on supporting residents’ individual choices towards making each day count.

Our team of professional and compassionate staff focus on partnering with our clients and residents to provide the highest standard of care and service in a safe, happy and comfortable environment. We provide a range of stimulating and varied lifestyle programs to ensure our clients and residents have many options to stay active and social.

Residential Aged Care

Short Term Respite Care

Our short term respite care allows carers to take a break from their caring role without compromising their loved one’s care needs. Financial assistance may be available for first-time users.

After the completion of a My Aged Care Assessment you may be entitled to up to 63 days of funded respite care per financial year.

The only fee applicable for residents in respite care is the Basic Daily Fee. This is the maximum amount that everyone pays for the day-to-day services received in the facility. The maximum daily fee is currently set at 85% of the single basic age pension.

Residential Permanent Care

Sheridan provides a place for our ageing community members to call home. A home where engaging activities are provided by our enthusiastic lifestyle staff. A home where registered and enrolled nursing staff provide 24/7 resident centered care.

Sheridan is a fully accredited residential aged care facility, registered until 3 March 2026.

For further information about these services please click here or to obtain an application pack, please contact Nicole on (03) 5857 0329.

Accommodation Fees

Accommodation Costs

Everyone entering an aged care home needs to agree on a room price in writing with their provider before they enter care. From 1 November 2025, this is done as part of entering into an accommodation agreement; the date the accommodation agreement is entered into is the price agreement day.

If you can afford it, you are expected to pay for your room. However, for those with less means, the government will pay some or all of your accommodation costs. Whether or not you need to pay the agreed amount will depend on your means assessment. As a general guide:

· If you’re not eligible for government assistance with your accommodation costs (not low means), you will pay the room price you agreed to with your aged care home as an accommodation payment.

· If you are eligible for government assistance (low means), the government will pay some or all of your accommodation costs to your provider. You will be asked to pay an accommodation contribution if the government does not pay the full amount.

The amount you contribute is worked out by Services Australia based on your income and assets.

Accommodation Costs can consist of 3 parts, depending on your financial situation. These are:

· A Basic Daily Fee: Every aged care home resident pays a basic daily fee, regardless of their means. This fee helps pay for daily living services such as meals, cleaning, facilities management, and laundry. You pay this fee directly to your aged care home, generally 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. The basic daily fee is set at 85% of the single person rate of the basic age pension

· A Hotelling Contribution: The government pays a hotelling supplement to providers, which tops up the basic daily fee to cover the cost of daily living services. The hotelling supplement is means tested and indexed in March and September each year. Your income and assets (means) will be assessed to work out if you need to contribute towards it in the form of a hotelling contribution. The contribution will be up to a limit of the hotelling supplement, $22.15 per day. If you are asked to contribute part but not all of the hotelling supplement, the government will pay the rest. If your income and assets are below the thresholds, the government will continue to pay the full hotelling supplement. If you need to pay a hotelling contribution, Services Australia will let you and your provider know the amount once you enter care.

· A Non-Clinical care Contribution: If your means assessment resulted in you paying the full hotelling contribution, you may also be asked to make a contribution towards your non-clinical care. Your contribution covers non-clinical care costs such as bathing, mobility assistance, and lifestyle activities. The non-clinical care contribution is similar to the means tested care fee. If you need to pay the non-clinical care contribution, Services Australia will let you and your provider know the amount once you enter care.

Payment Options

If you are required to pay an accommodation fee you may choose to pay by:

  • A lump sum Refundable Accommodation Deposit (RAD) : $475,000
    Fully refundable (unless reduced by the drawdown option) and guaranteed by the Australian Government
  • A rental-style Daily Accommodation Payment (DAP) paid monthly and calculated using the government’s maximum permissible interest rate (MPIR). For example, RAD x MPIR / 365 = DAP. Approximately $99 per day (check My Aged Care for updates)
  • A combination the above or
  • A combination with the DAP (and other charges) drawn from the paid RAD

Please contact us or visit www.myagedcare.gov.au/aged-care-home-costs-and-fees for further information on Aged Care fees.

We recommend seeking independent advice from a qualified and experience Aged Care Financial Planner to make sure the decision reached is the right one for you.

Location and Contact

86-96 Fenaughty Street

KYABRAM  VIC  3620

Phone: (03) 5857 0209

Email: [email protected]