A maximum scale of fees applies to settlement services where by the maximium fee a settlement agent can charge is prescribed by regulation. In most cases you are able to negotiate a lower fee with the settlement agent which is lower than the prescribed maximum.
Because we are an family owned and operated, independent settlement agent we can offer very competitive settlement fees.
There are many variables in calculating duty and we have attempted to cover all of these on our site:
| Transfer Registration Fees |
| up to $85,000 | $88 |
| $85,001 to $120,000 | $98 |
| $120,001 to $200,000 | $118 |
| $200,001 and higher | $118.00 + $20.00 for every $100,000 thereafter |
| Buyer's Stamp Duty: Full Rate |
| Up to $80,000 | 1.90% |
| $80,001 to $100,000 | $1,520 + 2.85% above $80,000 |
| $100,001 to $250,000 | $2,090 + 3.80% above $100,000 |
| $250,001 to $500,000 | $7,790 + 4.75% above $250,000 |
| $500,001 and higher | $19,665 + 5.15% above $500,000 |
| Buyer's Stamp Duty Res: Concessional |
| Up to $120,000 | 1.90% |
| $120,001 to $150,000 | $2,280 + 2.85% above $120,001 |
| $150,001 to $360,000 | $3,135 + 3.80% above $150,001 |
| $360,001 to $725,000 | $11,115 + 4.75% above $360,001 |
| $725,001 and higher | $28,425.50 + 5.15% |
| Buyer's Stamp Duty: Concessional |
| Up to $100,000 | 1.5% |
| $100,001 to $200,000 | $1,500 + 4.39% above $100,000 |
** This rate applies for the Property Value up to $200,000 with the Buyer Residing in Property |
| Buyer's Stamp Duty:First Home Owner: Land and House |
| Up to $500,000 | Nil |
| $500,000 to $600,000 | $22.51 per $100 above $500,000 |
** To claim First Home Owner Exemption of stamp duty you must have received approval for your First Home Owner Grant. Conditions Apply, Contact Riverside Settlements for more information.
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| Buyer's Stamp Duty: First Home Owner: Vacant Land |
| Up to $300,000 | Nil |
| $300,001 to $400,000 | $13.01 per $100 above $300,000 |
** Buyer must have a building contract in place to claim exemption from Stamp Duty. Contact Riverside Settlements for more details and information.
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| Home Buyer's Assistance Account |
| Up to $400,000 | Grant of $2,000 |
| Residential Settlements | Residential Settlements |
** Must be a First Home Buyer and purchasing an established or partially built home through a licensed real estate agent. Conditions apply for more information contact Riverside Settlements
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Please Note: All prices include GST and the fees shown are a guide only. For a comprehensive quote on all your settlement fees and charges, please contact Riverside Settlements.