18/12/2024
“🏡 When buying a property it’s not just about the deposit! 💰 Here are some extra costs you should budget for:
• Stamp Duty 📝: Varies by state and property value—often 3–5% of the purchase price.
• Legal/Conveyancing Fees ⚖️: Typically $1,500–$3,000 for contract and settlement work.
• Building & Pest Inspections 🔍: Expect to pay $300–$700 for these essential checks.
• Loan Fees 🏦: Lender’s Mortgage Insurance (LMI) or application fees can add $500–$10,000+, depending on your loan size.
• Moving Costs 🚛: Anywhere from $500–$5,000, including packing and transportation.
Make sure you plan ahead so you’re not caught off guard! ✨