Buying your first home in Melbourne is an exciting and rewarding experience. However, it can be complicated, especially if you’re not familiar with the process and the associated costs. Getting professional conveyancing melbourne help is an excellent way to ensure that the process goes as smoothly as possible. TM Conveyancing Services is a licensed, insured and trusted conveyancing firm that can handle all of your property conveyancing needs. This includes private sales, auctions, residential and commercial property purchases, title transfers, and subdivision plans.Learn more:https://haitchconvey.com.au/
How much is conveyancing fees in Melbourne?
The cost of hiring a professional conveyancer varies depending on the property value and the complexity of the transaction. In addition, the amount of work involved is also a factor. Generally speaking, larger properties and more complicated transactions will require more time and effort from the conveyancer. Hence, they tend to be more expensive.
Besides the usual fees, there are additional charges and taxes that you should be aware of when purchasing a home. These charges can significantly increase the overall cost of your purchase. Different state and territory governments are in charge of these taxes and fees, so they can vary widely.
If you’re a first home buyer, you may be exempt from certain charges and taxes. For example, if you’re buying an established property with a dutiable value of up to $750,000, or a new property purchased off-the-plan with a total purchase price of up to $650,000, you won’t have to pay stamp duty. In addition, you can also get a first home buyers grant of up to $10,000 if you’re eligible.