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Costs involved in buying and selling, page-6

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Justis

63,691 Posts.

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23/11/14

18:56

Post #: 14338203
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Originally posted by UniversalTrader ↑

I work on the rule of thumb when purchasing that it costs about 5% in terms of stamp duty, conveyancing fees etc.

One thing you stated: "I understand stamp duty will apply at about double the rate it would were I intending to live in the property.". Where did this come from - my understanding at least here in SA is that the stamp duty is the same regardless of whether the property is an investment or not.

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Yeap same in WA
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