Residential Care Subsidy : Contents
Property sold
Sale after financially eligible for subsidy
When a single client in care or a client with a partner (or dependent child) who is not in care, owns a family home at the time a financial means assessment is completed and they qualify financially for a subsidy, their financial eligibility to the subsidy will not be affected if they subsequently sell the family home.
While a client is obliged to advise us of any change in their circumstances that might affect their financial means assessment, a review of the financial means assessment can generally only be completed if the client applies for a review.
For more information see:
Legislation
- Applicable asset thresholds clause 1 schedule 2, Residential Care and Disability Support Services Act 2018
