Assessing the costs

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Here are the most widely recognized home purchasing costs:

Stamp Duty: this is a State Government charge depending on the price tag of the property

Registration charges: these are paid to the Land Titles Office

Council rates

Strata charges

Home Loan rates and charges: contact a mobile lender specialist to explain these to you.

Building and pests inspections

Insurance: For example building and contents.

GST: This is not payable on already setup property.

Lenders’ Mortgage Insurance: Required if you borrow more than 80% of the cost of the property

Legal costs: such as transfer of title, etc

Utilities:  Connection, transfer or cancellation of gas, power, etc

Removalist costs

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