Who can tell me what tax I have to pay to buy a house in Australia?

In addition to the house price itself, there are many related necessary expenses for buying Australian real estate.

1, stamp duty

When buying a house in Australia, stamp duty is a big additional fee. Every state in Australia has its own calculation method and discount.

Generally, if it is a second-hand house, it is about 3% to 5% of the house price; If it is faster, it is about 0.5% of the house price.

Stamp duty should be paid to the government at one time when the house is delivered. Some states also have preferential policies and reduction policies for stamp duty.

For the specific calculation and policy requirements of this tax, please visit the state governments in official website for details, or consult the agent who sells your property.

2. Attorney's fees

Australian housing sales generally need professional lawyers to help you complete the transfer procedures, and the lawyer's transfer fee is about 400-2000 Australian dollars.

Generally, this fee also includes a simple consulting fee, and the lawyer will explain the contents of the contract to help you better understand the transfer process.

3. Loan costs

Lenders of new houses need to pay about A $65,438+0,000 to lending institutions, and some banks may charge an annual service fee of about A $ several hundred.

But in fact, these service fees can be waived through consultation with banks or loan intermediaries.

If the loan ratio exceeds 80% of the house price, one-time loan insurance is required, and the cost ranges from 0.5% to 4% of the total loan amount.

Therefore, if there is no need for such a high proportion of loans, it is suggested that the loan fee should be controlled below 80% of the house price as far as possible to save this expensive fee.

Of course, if you are overseas, don't worry, the bank will lend you 80% of the house price.

4. Housing inspection fee

This item is generally applicable to the purchase of second-hand villa houses. Before buying a house, you can hire a professional building inspector to check the structure and pests of the house.

This will help to understand the status of the purchased house and the maintenance costs to be paid, so as to make a better bid.

Generally, the cost of a house inspection is about 500- 1000 Australian dollars. If you buy an auction house or an apartment, you don't have to pay this fee.

Unfortunately, there are not many China building inspectors in Australia at present. You can consult the local experienced building inspector and your own agent.

Cost of holding Australian assets:

1, property property insurance premium

As a landlord, it is generally recommended to buy housing and family property insurance.

In this way, if the house suffers from natural disasters such as hurricanes and floods, it can get compensation from the insurance company.

About 500-2000 Australian dollars a year. Generally, the more expensive the house, the higher the insurance cost.

2. Board rate

All owners must pay the fees to the Australian government.

It usually needs to be paid quarterly for the government to maintain and improve the public environment around the property, including city appearance maintenance and garbage disposal.

The cost is about 1000-2000 Australian dollars per year.

3. Water consumption rate

The water fee here is not the tap water fee for personal use, but more similar to the water tax, which is used for public facilities and drainage services.

This fee needs to be paid to the government regularly every year, and is generally collected together with municipal fees.

About 300-800 Australian dollars per year.

4. Property management fee (corporate)

If there is no unified management by the owners' committee, there is no need to pay property management fees for single-family villas. For the overall development of apartments or townhouses, you need to pay the property management fee.

This fee is usually used for:

1, cleaning and maintenance of public facilities; Such as elevators and public gyms;

2. Property maintenance fund;

3. Property construction insurance;

This fee is generally linked to the public facilities of apartments or townhouses. If it is an apartment with high-end facilities such as public swimming pool and gym, the annual property fee is more than 3000 Australian dollars.

If there are not many public facilities, only elevators and gardens, the annual property fee will generally be below 2000 Australian dollars.