What are the fees applicable when buying a property?
If you are buying a residential property, you may be subject to costs such as stamp duty, other government/transfer fees, legal and conveyancing fees, bank/inspection fees, insurance, and supply charges, etc. These fees could indicatively range from 5.5-8% of the purchase price.
When buying a commercial property, you may be due for cots such as stamp duty, GST, valuation costs, legal/conveyancing fees, government and bank charges, etc.