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What are the costs of purchasing a home?

So, you have finally saved up a deposit to buy a home and you want to know what other costs are lurking out there that you don’t know about? The largest and most obvious cost that comes to mind is the purchase price of the home. However, there are several additional costs which can often […]

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What are the costs of selling your home?

Fees When selling your home there are several costs and fees that you will need to bear in mind. Agents’ fees If you choose to use a real estate agent to sell your home, the agent’s fees will most likely be your largest expense of selling. There are usually two components to what agents charge […]

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What’s involved in property inspection reports?

A pre-purchase property inspection is a way of knowing as much as you can about the condition of the property before you purchase it. This is important as it will help you to avoid problems and extra costs down the track. What are they and why do you need them? A pre-purchase property report is […]

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What is stamp duty or transfer duty?

Stamp duty (called transfer duty in Queensland, Tasmania and Western Australia) is a tax levied by all state and territory governments in Australia on the purchase of a property. It is paid by purchasers and it usually needs to be paid on or before the settlement date (see What is settlement? on our FAQ page) […]

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