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FAQ's

Frequently Asked Questions

Yes, but foreign investors must generally seek approval from the Foreign Investment Review Board (FIRB). Rules differ depending on whether the buyer is a temporary resident, foreign investor, or citizen.

  • Australian citizens & permanent residents: Can purchase any property type.

  • Temporary residents: Usually restricted to new dwellings or vacant land for development.

  • Foreign investors: Generally limited to new or off-the-plan properties.

Common costs include:

  • Stamp Duty (Transfer Duty): Varies by state/territory and purchase price.

  • Foreign Buyer Surcharge: Extra stamp duty for foreign buyers in some states.

  • Legal/conveyancing fees: Usually $1,000–$3,000.

  • Lenders Mortgage Insurance (LMI): If borrowing more than 80% of property value.

  • Ongoing costs: Council rates, strata fees (if applicable), land tax.

  • Typical deposit: 10–20% of the purchase price.

  • First Home Buyer Schemes: Some government incentives allow as little as 5% with no LMI.

Yes. Property transactions in Australia require legal conveyancing to transfer ownership and check for outstanding issues like unpaid rates, easements, or title restrictions.

  • Auctions are common in Australia, especially in Sydney and Melbourne.

  • Buyers must register before bidding.

  • The highest bidder (above the vendor’s reserve price) must sign the contract immediately and usually pay a 10% deposit on the day.

  • Stamp duty (unless exempt)

  • Legal and conveyancing fees

  • Building and pest inspections

  • Loan application fees

  • Moving costs

  • Ongoing expenses like rates, strata fees, insurance, and maintenance

Consider:

  • Location and future growth potential

  • Rental yield and vacancy rates

  • Infrastructure projects nearby

  • Land tax and other ongoing costs

  • Professional advice from a financial advisor or property specialist

Tracey Taylor

Experience & Trust You Can Count On

With over two decades in real estate and a long track record of award-winning results, I’m proud to be recognised as one of Clarkson’s most trusted agents. From achieving top sale prices to earning “Agent of the Year” for Clarkson, these awards reflect my commitment to honest advice, transparent communication, and exceptional outcomes for every client I work with.

I am a proud supporter and donator to SAFE, an incredible organisation dedicated to rescuing animals from euthanasia. My own dog, Rana, was adopted through SAFE, and she’s been part of the family ever since.

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Learn More From Us.

Why Choose Tracey Taylor Realty?

At Tracey Taylor Realty, we believe in combining the best of both worlds: the professional, personable service of a boutique agency with the expansive reach modern technology offers. You won’t miss out on exposure while benefiting from a small, dedicated team.

Your property will be listed on all the major real estate websites, ensuring maximum visibility to potential buyers. Our professional photography and videography highlight your property’s best features, creating a lasting impression and driving interest.

We use Propps, a leading technology that helps capture, qualify, and convert every possible buyer. This tool allows us to reach the maximum price within the shortest possible time by streamlining buyer interactions and enhancing engagement.

We’ll work closely with you to develop a marketing plan that fits your goals and budget. While we provide expert recommendations based on our experience, the final decision on the strategy is always yours. You’ll have complete control over how your property is marketed.

Prefer a more discreet approach? We specialize in off-market sales and have successfully helped many clients sell their properties without public listings. Whether for privacy or other reasons, we can cater to your needs and ensure a smooth, confidential process.