How much will stamp duty and legal fees cost me?

Once a home buyer has put down their deposit, they will also have to find cash for stamp duty and legal fees.

On an owner-occupied property valued at just over $600,000 with  a loan of about $490,000, the buyer could be hit with a bill for $15,388 for stamp duty, $1000 for legal fees and $500 for building and pest inspections.

Source: The Daily Telegraph

 

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