Frequently Asked Questions
How much is stamp duty in Australia?
Stamp duty varies significantly by state and property value. For example, on a $700,000 property in NSW, stamp duty is around $26,000. VIC charges around $37,000 on the same amount. First home buyers often receive concessions or exemptions — these vary by state and purchase price. Use our Stamp Duty Calculator to get the exact figure for your state.
What is a good rental yield for an investment property?
A gross rental yield of 4–6% is generally considered solid for Australian investment properties. Inner-city units often yield 3–4%, while regional properties can yield 6–8%. Net yield (after expenses like rates, insurance, management fees and maintenance) is typically 1–2% lower than gross yield. Our Rental Yield Calculator shows both.
What are the hidden costs of buying a home in Australia?
Beyond the purchase price and stamp duty, buyers typically pay for: conveyancing ($1,500–$3,000), building and pest inspection ($500–$800), loan application fees ($0–$600), Lenders Mortgage Insurance if your deposit is less than 20% (can be thousands), title registration fees, and moving costs. Our Property Buying Costs calculator estimates all of these.
Do first home buyers pay stamp duty?
Most Australian states offer stamp duty concessions or full exemptions for first home buyers up to certain property value thresholds. For example, in NSW first home buyers pay no stamp duty on properties up to $800,000. In VIC the threshold is $600,000. Our Stamp Duty Calculator includes these concessions for every state.