The tables below show Settlement Agents costs and Government Stamp Duty for both vendors and purchasers. All fees include GST (where applicable).
We also have a handy Calculator to help work out your costs for you.
Vendor's (Seller's) Settlement Fees |
|
|
Up to $25,000 |
$346.00 (add $55.00 to fee if Strata Titled) |
Purchaser's (Buyer's) Settlement Fees |
|
|
Up to $25,000 |
$519.00 (add $110.00 to fee if Strata Titled) |
Transfer Registration Fees |
|
|
Up to $85,000 |
$85.00 |
Purchaser's Stamp Duty: Full Rate |
|
|
Up to $80,000 |
2.00% |
Purchaser's Stamp Duty: Concessional* |
|
|
Up to $100,000 |
1.50% |
Purchaser's Stamp Duty: First Home Owner |
|
|
Up to $500,000 |
Nil |
Stamp Duty FHO (Vacant Land) |
|
Up to $300,000 |
Nil |
*Concessional rate applies when the Buyer will reside (up to $200,000).
*To claim First Home Owner Exemption of stamp duty you must have received approval for your First Home Owners Grant from the State Revenue Department and you must supply the application approval number to your Settlement Agent.
*Buyers purchasing vacant land and claiming exemption from stamp duty must have a building contract in place before the settlement.
To calculate Stamp Duty, round selling price up to the next $100. Chattels are not generally allowed.
Effective from 28th February 2008. GST included where relevant.
For further information see your Settlement Agent or Contact Us.