Estimate the Total Cost of Your Property Purchase
Look beyond the advertised price and calculate the broader upfront costs that may come with buying Victorian property.
See More Than the Property Price
The advertised price is only one part of buying property. Factor in the other costs before setting your budget.
- Add potential land transfer duty to your purchase budget.
- Allow for conveyancing, registration and other transaction costs.
- Compare your overall requirement against available savings and finance.
Hear From the People We've Worked With
Nothing tells the story better than the people we’ve helped, a few words from clients we’ve taken through to settlement.
Total Property Purchase Cost FAQs
From duty to inspections and registration fees, several costs can sit outside the property’s agreed purchase price.
What costs should I consider when purchasing property?
Along with the purchase price, buyers may need to budget for land transfer duty, conveyancing costs, registration charges, finance-related expenses, settlement adjustments, inspections and other transaction-specific costs.
Is stamp duty included in the property price?
Generally, no. Victorian land transfer duty is a separate government cost calculated using the property’s dutiable value and the circumstances of the transaction.
Does every buyer pay the same amount of stamp duty?
No. Duty can vary according to property value, whether the property will be your principal place of residence, first home buyer eligibility, foreign purchaser status and other available concessions or exemptions.
Should I include building and pest inspections?
Yes, if you expect to obtain inspections as part of your purchase. They are not government transfer charges, but they can still form part of the overall amount you spend acquiring the property.
Are settlement adjustments part of my purchase costs?
Settlement adjustments can affect the amount payable at settlement by allocating certain property expenses between buyer and seller according to the contract and settlement date.
Is this calculator the amount my lender will require?
Not necessarily. Your lender’s requirements depend on your loan structure, approved amount, loan-to-value ratio, lender fees and other finance conditions. Use the result as a budgeting estimate.
Get a Clearer Picture Before You Buy
Talk to Master Key Conveyancing about the contract, settlement process and transaction costs surrounding your Victorian property purchase.