maxpaxx

Does anyone have any idea as to the associated costs that you would incurr when purcahsing land?

I've been looking at stamp duties for house purchase and wonder what the deal is with Land??

lorrimer

You have to pay stamp duty on the cost of the land, but that's it, no more stamp duty on the price of your new home when you build it.
So you can save some money this way.
This applies in Queensland where we have bought a plot, so should imagine the same applies across Australia.
Regards,
Lorrimer

Timber Floor Au

In qld a PLOT is where you bury a loved one A LOT OR A BLOCK is for buildin ya hoooose !

claireg3

we've just bought some land in WA and you pay stamp duty for that and fees to the settlement agent. For th e house we pay stamp duty on the mortgage. Apparently this is cheaper than when you buy an established property.

Claire

Timber Floor Au

Have you got a visa or working thru FIRB ?

claireg3

Whats FIRB?
We have our visas and are in Perth.

NJFOZ

You may want to include some survey costs. All the display home builders base their costs opn very simple foundation designs that require an almost level site. It it slopes too much you will be hit by extras. You may aslo want a soils test.

Other costs include stamp duty on your mortgage, transfer of title fees and registration of the mortgage. In Vic theses cost me $1200, $1300 and $59 dollars each.

cuthere

anybody with any experience with subdivision of land in perth. plot which can be subdivided to build 2 houses.