Welcome to Western Australia
 

Buying Costs

In addition to the purchase price you offer for the property and the cost of inspections (e.g. termite or building) that you may require, there are statutory fees that you must pay plus settlement agents (conveyancing fees) fees. These fees amount to a considerable sum of money.

Use the calculator below to work out your approximate major costs.

Purchase price:
put number only, no commas or dollar sign i.e 300000.
You are a/an:
Property type: Strata Green Title
  
 

Disclaimer:
Information on this site is obtained from reliable sources and provided in good faith but no responsibility is taken for any reliance placed on results obtained from the use of this calculator. Stamp duty amounts may be confirmed by contacting the Office of State Revenue on 9262 1100 (WA Country Callers: 1300 368 364) or visit the website at www.dtf.wa.gov.au. Whilst stamp duty is not negotiable, settlement fees are and buyers are encouraged to compare fees.

Click here for Mortgage Calculator

About these costs:

Stamp duty: Calculated on the amount of the Purchase Price for the Property.
   To find out if you qualify for concessions, or to confirm the calculated amount
   of stamp duty, phone the Office of State Revenue on 9262 1100
  (WA Country Callers: 1300 368 364) or visit the website www.dtf.wa.gov.au.
Transfer fee: Titles Office charge for transferring the title into your name.
Settlement fees: The fee for the legal conveyance of the property from seller
   to buyer. Both the buyer and seller pay separate settlement fees.
   In WA, both the buyer and seller may use the same settlement agent or
   separate ones. Settlement fees are negotiable; buyers are encouraged to
   compare fees.

Additional costs include:

Settlement disbursements: Direct costs incurred by the settlement agent
   that are passed on to the buyer (or seller).
   They include things such as postage, title searches, courier fees (if used) shire
   and water authority search fees and so on
Bank/Building Society: Loan establishment fees for preparation of mortgage
   documents. Enquire at your lending institution for full details.
Mortgage / Building insurance: You will be advised by your lending
   institution.
Shire and Water rates & Strata levies (where applicable): These will be
   adjusted by your settlement agent.

   You will be required to pay rates on a pro rata basis per days of ownership
   calculated from settlement day or date of possession whichever is earlier.

We recommend that you seek professional advice from your lending institution or licensed finance broker with regard to the costs involved in borrowing money when buying a home.

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  (08) 9450 3398
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