Costs Of Selling A Property

Property Value

This is the estimated sale price of your property.

Agent Commission Percentage

In general, agent’s commission percentage is between 1.5% – 4%. It depends heavily on the location of your property.

Marketing Fees

The price of advertising your property online and locally. This varies by area, but marketing methods will depend on your real estate agent’s marketing plan and what you negotiate with them. In general, expect to pay anywhere between $300 to $2000+ to market your property.

Auctioneer Fee

This only applies to properties sold through the auction process and pays for the auctioneer on the day. Expect to pay around $500 to $1000.

Conveyancer/Solicitor Fees

It’s a good idea to hire a conveyancer or solicitor to handle your legal obligations when selling property. They do come at a cost though – expect to budget somewhere between $700 and $1800.

Mortgage Discharge Fees

If you’re selling before you have fully paid off your mortgage, there are extra fees involved in closing the mortgage depending on how much you have left to pay. This varies between $150 and $1000.

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