Does anyone have any idea of the cost of buying property in Brisbane. For example here in Spain the rule of thumb is +10% of property value to cover conveyancing, land registry ect...
On a property already built of, say, $400,000 stamp duty would be almost $13,000, legals $500-550. You may want surveys, reports etc which vary enormously. Budget $2K. Moving, another $1000+.. can't thnk of anything else...
In Victoria, there is a first home buyers grant totalling $12,000 made upof $5000 from the State Government and $7000 from the Federal Government. I'm sure a look at the QLD website will confirm it! Good luck! The other thing to consider is that if you buy a plot of land that hasn't had any building started on it, you only pay stamp duty on the land, not the total. You can save a lot of money there, but usually spend it on landscaping, driveways and stuff like that that isn't generally included in a house and land package... :)
Location: From Bury,Manchester To Jimboomba, Brisbane
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Hiya in Brisbane you only pay stamp duty on property of $320,000 or more ,we just bought a house for $325,000 and with costs our total was $327,250 ,dont forget if your a permant resident you have 12mth to claim your first time buyers grant of $7,000,,hope this helps
Cal x
Location: From Bury,Manchester To Jimboomba, Brisbane
Posts: 7,910
Thanks: 132
Thanked 200 Times in 153 Posts
My Mood:
no you have 12mth from purchase date to claim it ,have you bought somewere ,,i think i lost your number ,god im dozey ,i blame the heat !! will see if i still got it in pm's.
Cal x
