This page relates to Victorian conveyancing. Get a conveyancing quotation for New South Wales.
Most people prefer to obtain an upfront fixed fee quotation as well as details of the out-of-pocket expenses (or disbursements).
We usually charge:
- Residential property sale and purchase – $1,200.00 plus GST and disbursements (for existing residences)
- Vacant land purchase and sale – $1,000.00 plus GST and disbursements
- Off-the-plan residential purchase – $1,300.00 plus GST and disbursements for residences yet to be constructed, or $1,100.00 plus GST and disbursements for vacant land. These usually require considerably more work than the first two categories above.
We reserve the right to provide a different quotation if the scope of the work is unusual, if the property is held by company title or old system title, or if the property is acquired by a self-managed superannuation fund or a custody trustee.
Non-residential properties, including farming properties, commercial properties, hotels, and development land, are individually quoted.
On rare occasions, disputes occur. If a dispute does occur, and results in more than an hour’s work, the additional work will be separately charged at an hourly rate. We also charge separately, at an hourly rate, for non-routine taxation advice, including advice on capital gains tax, stamp duty, and land tax including land tax clearances.
In Victoria, a vendor is required to prepare both a vendor’s statement and a contract. If a vendor’s statement is prepared before a buyer is found, we charge professional costs of $300.00 plus GST and the cost of obtaining any searches (usually $450.00), assuming you can provide us with an up-to-date rate notice, water board notice, and copies of any permits that you have obtained in the last 7 years. The balance of our professional costs is usually charged when the matter finalises; if a buyer is not introduced, there will be no additional charges.
Disbursements on a sale of land include documents that are required to be attached to the contract, including a title search and any other information necessary to complete the vendor’s statement, which usually amount to $250.00.
Disbursements for a purchase include stamp duty and fees associated with enquiries to Department of Environment, Land, Water and Planning (DELWP) and other authorities (e.g. local council and water authorities) from which we may need to seek information. In some instances, we recommend that the purchaser obtain a building certificate, which usually costs $250.00. Searches, excluding stamp duty, DELWP fees, and a building certificate normally cost $250.00 plus GST.
There are some stamp duty concessions for newly constructed homes. Contact us if you believe you might be eligible.
If settlement takes place outside the Albury/Wodonga area and a settlement agent is engaged, their fees are additional and are approximately $55.00 plus GST.
Contact a member of our conveyancing team to arrange a consultation and get a definite quotation. We will email the quotation to you after discussing your transaction.
Victorian State Revenue Office – Stamp Duty Calculator [External Link]
Victorian Department of Environment, Land, Water and Planning – Fees [External Link]