Selling property: what are the costs?
Whether it’s a fresh lick of paint or a garden tidy-up, there’s a good bet your home will need something fixed before you put it on the market.
Typical cost: $1000-plus
If your budget allows, getting rid of any run-down belongings and hiring someone to replace them with cool stuff may be a good option. This is called property styling, or showcasing.
Typical cost: $1,500-$5,000
Typical cost: 0.5-1.0% of your property’s value
Commissions vary around the country, with percentages usually lower for higher-end properties.
Typical cost: 1.5%-4.5% of your property’s value
If your home is going under the hammer, paying the auctioneer is another cost to bear in mind.
Typical cost: $400-$1,000
If you engage a conveyancer or a solicitor, you will need to pay a fee. How much can depend on multiple factors, so it may be a good idea to obtain a number of quotes in advance.
Typical cost: $1,000-$2,000
Pest and building report
Typical cost: $500-$700
Mortgage discharge fees
You may have to pay fees to your lender when you sell your home. These can include mortgage discharge fees, settlement fees and government fees.
Typical cost: $150-$600