Conveyancing Costs $590 + GST
Normally we charge $690, but for a short time, we are offering $100 off on our professional fees. Bringing our professional fees down to $590 + GST
You need to be prepared for all the cost involved in property transactions, many of which are unavoidable government charges.
Stamp Duty is a tax that you will pay to the Victorian government.
The amount depends on many variables including:
First home buyers of established property or vacant land with a purchase price of $600,000 or less are exempt from paying stamp duty.
If you are a first home buyer and have brought a brand-new property or purchased off-the-plan (for a dutiable value of up to $750,000), not only is your purchase free of stamp duty, but you could also be entitled to the First Home Owners Grant of between $10,000 (Melbourne metropolitan) and $20,000 (Victoria regional areas). The dutiable value is often less than the total price if there is a discount when buying off-the-plan, as construction is often not yet complete.
If you are purchasing a property to live in as you principle place of residence for $500,000 or less, a stamp duty concession applies. To qualify for this concession you must live in the home for a continuous period of at least 12 months, within 12 months of settlement. This can reduce your stamp duty payable by as much as $3,100.
The stamp duty concession concessions for purchasing-off-the-plan were removed for investors. Any contracts entered into after 1st July 2017 do not attract stamp duty concessions.
You would need to add approximately $195 to the above price. Only IF we need to order such a certificate from an Owners Corporation (Body Corporate) ONLY if it applies to a purchase.
Get a review of the contract before you sign, call our office for options!
Call our office now Ph: 03 9931 0908 for assistance.
For Quotes outside business hours only, call 0491 621 435
To engage us to act for you use our Online Form.
Our professional fees include the preparation of the following items. The work listed is included under our professional fees.
Searches enable us to find out more information about the property being bought. We must do this in order to clear debt on the property, otherwise you would inherit the seller's debt.
For a property involving an owner's corporation the extra average cost is $175 + GST being the cost of certificate.
Cost of searches are included in the ‘Expected Estimated Final Cost'
Typically they are all included in our transactions. Our Costs disclosure would detail any 'known or possible' exclusions to the inclusions.
In the event that additional work is requested or required, we will advise you of this at the time of your enquiry. Every effort is made to put any additional cost in writing to you, either at the start of the transaction or as it proceeds.
We will email you all documents once we have contract from the agent and or, obtain a signed copy of the contract.
We look forward to making the process easy and enjoyable.
24/7 email assistance!