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Quick ContactA: Leverage agile frameworks to provide a robust synopsis for high level overviews. Iterative approaches to corporate strategy foster collaborative thinking to further the overall value proposition. Organically grow the holistic world view of disruptive innovation via workplace diversity and empowerment.
A: Leverage agile frameworks to provide a robust synopsis for high level overviews. Iterative approaches to corporate strategy foster collaborative thinking to further the overall value proposition. Organically grow the holistic world view of disruptive innovation via workplace diversity and empowerment.
A: Leverage agile frameworks to provide a robust synopsis for high level overviews. Iterative approaches to corporate strategy foster collaborative thinking to further the overall value proposition. Organically grow the holistic world view of disruptive innovation via workplace diversity and empowerment.
A: Leverage agile frameworks to provide a robust synopsis for high level overviews. Iterative approaches to corporate strategy foster collaborative thinking to further the overall value proposition. Organically grow the holistic world view of disruptive innovation via workplace diversity and empowerment.
A: Leverage agile frameworks to provide a robust synopsis for high level overviews. Iterative approaches to corporate strategy foster collaborative thinking to further the overall value proposition. Organically grow the holistic world view of disruptive innovation via workplace diversity and empowerment.
A: Leverage agile frameworks to provide a robust synopsis for high level overviews. Iterative approaches to corporate strategy foster collaborative thinking to further the overall value proposition. Organically grow the holistic world view of disruptive innovation via workplace diversity and empowerment.
This depends on factors like income, expenses, credit score, and existing debts.
o Most lenders require at least 5-20% of the property value, but government schemes and LMI (Lenders Mortgage Insurance) can impact this.
Fixed-rate, variable-rate, interest-only, principal & interest, and offset accounts.
Typically, ID, income proof (payslips, tax returns), expense details, and asset/liability statements.
Pre-approval can take a few days, while full approval may take 2-4 weeks, depending on complexity.
Monthly repayments increase for variable-rate loans, so budgeting for possible rate hikes is essential.
In addition to the purchase price, you should budget for:
✔ Stamp duty (varies by state)
✔ Legal and conveyancing fees
✔ Loan application fees
✔ Lenders Mortgage Insurance (LMI) (if applicable)
✔ Building & pest inspections
✔ Property valuation fees
✔ Settlement costs
✔ Council & water rates (adjusted at settlement)
✔ Moving costs & utility connections
Stamp duty is a state government tax on property transactions. The amount varies by state, property value, and whether you’re a first-home buyer (some states offer exemptions or concessions).
LMI is a one-time fee charged by lenders if your deposit is less than 20%. It protects the lender, not the borrower, in case of loan default. The cost depends on your loan amount and deposit size.
Conveyancing or solicitor fees typically range from $1,000 to $3,000, covering contract reviews, title searches, and settlement coordination.
Settlement costs include adjustments for council rates, water bills, and strata fees, which are paid to the seller for the portion of the year they have already covered.
After purchasing, be prepared for:
✅ Mortgage repayments
✅ Council & water rates
✅ Home & contents insurance
✅ Strata fees (for apartments & townhouses)
✅ Maintenance & repairs
Generally, GST is not applicable on residential property purchases unless buying newly built properties or from a developer. Always check with your solicitor or accountant.
We can provide a detailed cost breakdown based on your location, loan amount, and property type to help you plan your budget accurately.
Important Information – This page provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend that you consider whether it is appropriate for your circumstances and your full financial situation will need to be reviewed prior to acceptance of any offer or product. It does not constitute legal, tax or financial advice and you should always seek professional advice in relation to your individual circumstances. Subject to lenders terms and conditions, fees and charges and eligibility criteria apply.
Important Information – This page provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend that you consider whether it is appropriate for your circumstances and your full financial situation will need to be reviewed prior to acceptance of any offer or product. It does not constitute legal, tax or financial advice and you should always seek professional advice in relation to your individual circumstances. Subject to lenders terms and conditions, fees and charges and eligibility criteria apply.