When buying a property, here are the main upfront costs to consider:
- Deposit: 5%-20% of the property value.
- Stamp Duty, Registration & Transfer Fees: Varies by state.
- Legal/Conveyancing Fees: $1,000 - $2,500.
- Building & Pest Inspections: $400 - $800.
- Lender Costs: Application fees and potentially Lenders Mortgage Insurance (if deposit is under 20%).
- Moving Costs: Varies by distance and services
We can help estimate these costs based on your unique situation.
What upfront costs should I budget for when buying a property?