Buying and Selling of Real Estate has been known to be a stressful time, but we try to relieve all the stress and bother involved in the movements of your assets/investments. We speak in plain English and strive to make your transaction as smooth as possible.
Many people when buying and selling forget the hidden costs/disbursements involved in the transactions, please bear the following search fees in mind when buying or selling. You may require some or all of these searches, depending on your property. We will advise what you need;
| Estimated Purchase disbursements |
Estimated Sale disbursements |
| Council search fees |
$227.50 |
Council searches |
$42.00 |
| Land Tax search fees |
$10.50 |
Land Tax search fees |
$10.50 |
| Title search |
$28.00 |
Title search |
$28.00 |
| Schedule of Easements search |
$28.00 |
Schedule of Easements search |
$28.00 |
| Priority Notice |
$21.14 |
Bank Cheque fee (for settlement) |
$10.00 |
| Bankruptcy search fee (single approx.) |
$22.88 |
In addition there is also a Government filing fee for Discharging the Mortgage of $148.40 payable by the vendor/owner if there was a mortgage.
|
| Ben Lomond Water/Sewerage |
$35.00 |
| Bank Cheque fee (for settlement) |
$10.00 |
| Registration fee on Transfer |
$183.40 |
In addition to the standard search fees for purchasers there is also Stamp Duty payable on Transfers.
|
Duty on Transfers
Stamp Duty is a State Government tax imposed on all purchase transactions. The Stamp Duty is payable only by the Purchaser and is charged on an increasing scale based on the purchase price. There is no duty payable when selling.
To calculate the duty liability on a transfer of property, please click here.
We offer obligation free quotes for buying or selling please contact us on (03) 6334 4429 or complete the below form and we shall ring you as soon as possible.
Quote request form: