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Home › Real Estate Agent Fees › Costs To Sell A Property in Adelaide [2024 Update + Calculator]
The costs of selling a property in Adelaide are substantial and cannot be determined by one figure alone, especially as there are so many variances which come into play.
So, what costs are involved in selling a house? This guide will take you through the many different primary costs of selling a house.
While some of the typical costs such as auctioneer’s fees, home improvements, repairs and home staging expenses may not be entirely necessary, it is worth having money set aside for these added extras in case you decide to go down that route. A small investment, particularly regarding repairs and professional styling, could reap huge rewards.
Spending money to prepare and market a property is only a worthwhile investment if you engage a top real estate agent to maximise your return on this investment.
Our free comparison service will show you exactly who the best real estate agents suited to sell your property are. Agents are very happy to discuss marketing and advertising cost structures, so don’t be shy.
Table of Contents
The costs of selling in a property in Adelaide are:
Prices vary between the city and the regional areas, although South Australia is considered the cheapest in the country. If your property is based in Adelaide, you can expect to buy between 2% and 2.75%. Regional homeowners can expect to pay the higher end of the commission rate, from 2.75% to 3%. We can give you more in-depth information on commission fees in your postcode and help you find top performing local agents.
Total Agent Commission
Just want an idea of the market and some top-performing agencies? See our Adelaide guide to real estate agents for stats.
Conveyancing fees in South Australia are generally around the $700 to $1,300 price mark.
As soon as the house is sold, the title of the house must be transferred from one owner to another. This is done with the assistance of a conveyancer or solicitor.
South Australia’s capital city, Adelaide, requires $500 to over $1000 to advertise a property in the area online for 45 days, depending on the quality and reach you want for the listing. In other areas outside of Adelaide, like Port Augusta and Port Lincoln, prices fall to around half that, from $200 to over $500. For example, a ‘Highlight’ advertisement from realestate.com.au may cost you around $400 in Port Augusta, in comparison to $1000 in Adelaide.
Insiders tip: search your suburb in realestate.com.au to see what type of ad other sellers are using, and then base your selection, so your property has equal / greater prominence than theirs.
Your mortgage discharge fees will cost you somewhere between $150 and $1,000. Chat to your bank to ascertain the actual costs.
Capital Gains Tax is only payable if you are selling an investment property. The Australian Taxation Office website should have all the information you need to determine an accurate figure.
If you wish to renovate your home or carry out a few repairs, it could come at quite a cost. Prioritise the work you want to do and tally up the estimate.
If you do want to sell your South Australian-based property using an auctioneer, their fees can vary from $200-$1,000.
Professional home stagers can cost between $2,000 and $8,000 to create the ideal space to interest potential buyers.
Your moving expenses might well be an afterthought. However, don’t forget to set aside at least $500-$3,000 to cover the costs.
By now you should have a good idea of what you should expect when you’re looking to sell your property. To get a final figure, just use our costs of selling calculator below, which will let you tally up a total estimated cost of selling and see where you could save money.
The above prices are a general guide to inform you how much it is going to cost you to sell a home in Adelaide. This information is particularly helpful if you are a first-time buyer, so you have a better idea of your budget. Exactly how much it will cost to sell your house will be determined by chosen method of sale, agent and location.
Remember that it might not be in your best interests to opt for budget marketing plans or commission fees. Selling your house can be one of those times where you get what you pay for – agents might not work as hard for you if you’re paying them a lower commission rate for example. At Which Real Estate Agent, we can help you find agent commissions and top-performing agents – we do all the research for you.
The common costs in selling a property are; real estate agent fees and commissions, conveyancer or solicitor fees, marketing costs, mortgage discharge fees, capital gains tax, auctioneer costs and moving costs.
Commission rates for real estate agents vary state-to-state but generally agents will be paid 1-4% of the selling price as per their commission rate.
Real estate agencies will generally print brochures & signage as part of the marketing costs. Marketing costs will normally include digital marketing on sites like realestate.com or domain as well.
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