First Home Buyer? What Costs to Factor in When Purchasing Your New Property

There are certain costs associated with purchasing a home in Queensland. Here we talk about the basic costs to factor in, to ensure you are aware and covered, when buying your first home.  

Before you buy 

When you buy 

  • Bank or mortgage fees 
  • Home and contents insurance 
  • Moving costs and utility connections 
  • Smoke alarms and electrical safety switches 

After you buy 

  • Council rates 
  • Body corporate fees (where applicable) 
  • Ongoing maintenance costs 

Note: these are an indicator of costs and each situation may be different. Please contact your professional associates for full costs and information.  

Credit Source: https://www.qld.gov.au/law/housing-and-neighbours/buying-and-selling-a-property/buying-a-home/before-you-start-looking/knowing-the-full-cost 

Speak with your nearest
conveyancing expert