🇦🇺 Australia
Closing Costs Calculator — Australia
Stamp duty is the biggest upfront cost of buying property in Australia — and it varies widely by state. Get a state-specific estimate including LMI, conveyancing, and First Home Owner Grant.
1 Purchase Details
Used to calculate LMI if LVR > 80%.
State determines stamp duty rate and FHOG amount.
May reduce or waive stamp duty and unlock FHOG in your state.
Estimated Closing Costs (AUD)
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Enter your home price above
Low Estimate
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High Estimate
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% of Home Price
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Itemised Cost Breakdown
Estimates — actual amounts vary by state and lender
Cost Breakdown by Category
Australian Closing Costs Explained
Stamp duty (transfer duty) is by far the largest closing cost for Australian buyers — typically 3%–5% of the purchase price for non-first-home buyers in NSW and VIC. On a A$900,000 Sydney home, stamp duty alone can exceed A$35,000.
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Stamp Duty: State-based transfer duty. Rates and thresholds vary widely — QLD and TAS have generous first-home buyer exemptions up to certain price limits.
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LMI (Lenders Mortgage Insurance): Required when your LVR exceeds 80%. Typically capitalised into your loan rather than paid at settlement — but can add tens of thousands.
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Conveyancing: Legal transfer of the property title. Budget A$1,200–A$2,000 for a standard purchase.
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FHOG: First Home Owner Grant reduces your net costs — A$10,000–A$30,000 depending on state and property type.
First Home Buyer Concessions by State
Thresholds and grants change regularly — verify with your state revenue office.
Use the Australia Mortgage Calculator to model your full repayments with Australian variable or fixed rates.