The information provided in this publication is drawn from research in from various states and consulting practitioners. The information provided is not intended to reflect or represent any future state of affairs in respect of fees or the market in Australia; and is not intended to reflect or represent information as to all fees in Australia. The information provided is indicative only.
LAF does not warrant or guarantee any of the information. To the extent permitted by law, LAF excludes any and all liability, including for negligence, for any loss or damage (including indirect or consequential damages) arising from or in relation to the use of the whole or any part of this publication.
Material in this publication should not be construed as advice or a recommendation by LAF to enter into any particular agreement or arrangement. This publication is made upon the condition that persons will make their own searches and determination of all relevant information before entry into any agreement.
Real estate agent costs
This calculator allows you to select either a fixed fee or a commission based fee structure.
If your real estate agent uses a commission-based model, they will charge you a percentage of your final sale price. This rate can be negotiated. This calculator lets you adjust the commission rate or commission amount if you’re planning on selling through an agent who charges commission.
Some real estate agents charge a fixed fee, rather than commission. This is a set amount that a real estate agent charges for their services. This means that no matter how much you sell your property for, your real estate agent charges the same, fixed amount.
The commission amount includes the Goods and Services Tax (GST) which is generally inclusive of your real estate agent fee.
Marketing (advertising) costs can vary significantly and can be negotiated. Depending on which marketing channels you choose, your marketing costs will vary. Typical marketing costs include online listings on real estate websites, newspaper listings, professional photography, a sign board and flyers.
Some real estate agents will charge a seperate fee for their auctioneer services. This generally sits around the $600 dollar mark but can vary depending on your selected agency. Other agencies will include this fee within their commission.
Conveyancing fees are not set and therefore will vary. What conveyancing fees include will vary too. Conveyancing fees will always include the labour fee for the conveyancer. These often increase with the price of the property. They may increase if the settlement is more complicated, so an initial quote will often change by the end of the process. Fees may vary as to the council in which the property is located, rates, taxes, utilities and the time of year the property is sold.
Staging, removalist and storage costs
All of these fees will vary entirely depending on your unique property situation.
Home staging is the cost of hiring a professional to prepare a your home for sale, which can include styling and hiring furniture.
Home staging costs can depend on the size of your house, how many rooms you would like staged and the number of furniture pieces you hire. You may also choose to stage your property yourself, which would only include the costs of purchasing items to style your home.
Removalist costs depend on things like hours worked, distance from property to property and the volume of furniture being shifted.
The storage costs field allows you to adjust the cost from $0 to $500 depending on whether you need to store any belongings during the moving process.
Mortgage discharge fee
Your mortgage discharge fee is a state-based fee. This varies from between $115 and $190 dollars depending on which state you’re selling in. This calculator uses your state mortgage discharge fee based on which postcode you entered.
Early Exit Fee
An early exit fee may be charged if you pay out your home loan in full, within a specified period (for example, in the first 5 years).
Your exit fee will vary depending on your loan type, bank and swap rates on the day. We recommend reviewing your loan agreement to determine whether you will be charged an early exit fee or how much your early exit fee will cost.
This calculator allows you to enter in a dollar amount into the early exit fee field.