Client Login
Frequently Asked Questions
How is my stamp duty calculated in New South Wales?
Stamp duty in NSW is calculated based on a variety of factors. This may include things like whether you’re a first home buyer, where your property is located, how much it’s valued at, etc. This calculator can also estimate how much you may need to pay when purchasing land to build upon.
Do I have to pay stamp duty as a first home buyer in New South Wales?
In New South Wales, the government erases stamp duty for both new and existing properties under $800,000. For properties over this amount, stamp duty is calculated on a sliding scale.
What other costs can I expect to pay when buying a house?
When buying a house, it’s common - especially for first home buyers - to only consider costs like mortgage repayments and the deposit. Stamp duty is a cost they’re hit with without realising. Along with stamp duty, there are a few other costs associated with buying a house. These costs include conveyancing fees, Lender’s Mortgage Insurance (LMI), building and pest inspections and more.
To learn more, speak to an expert from Inovayt read our blog on the hidden costs of buying a property.
Why Choose Inovayt
Simple
Finding the right financing to match your needs and goals is never an easy task. Our team prides themselves on finding the right solution for each client, regardless of their personal situation.
Flexible
Our brokers work hand in hand with our clients, to ensure they receive the best possible outcome. We are available to chat face to face, online, or via phone, at a time that suits you.
Solutions-driven
Our focus is always about achieve the best possible outcomes for our clients. We will tackle any hurdles that may come up, to ensure that you are satisfied and have achieved your desired outcome.
