Overseas Buyer
Costs for Overseas Buyers
StampDuty:
Approximately 5.5% ( applicable to all Australian citizens purchasing property ) +8% (fixed rate applicable to overseas buyers).
LegalFees:
Legal fees range from $900 to $1200 and are typically paid in two instalments.
FIRB Application Fee ( FIRB: Foreign Investment Review Board ):
- Property Price Application Fee
- Less than $75,000 $4,000
- $1 million or less $13,200
- $2 million or less $26,400
- $3 million or less $52,800
- $4 million or less $79,200
- $5 million or less $105,600… …
- Over $40million $1,045,000
- Maximum Fee