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Costs To Sell A Property in Sydney [2024 Update + Calculator]

The costs of selling a property in Sydney 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.

How much will it cost to sell in Sydney?

The costs of selling in a property in Sydney are:

TypeCost
Agent CommissionBetween 1.8% and 2.5% in Sydney. In regional areas, between 2.5% to 3.5%
Conveyancer FeesBetween $700 and $1300
Marketing CostsIn Sydney, between $600 and $2000 for 45 days. Outside of Sydney, between $300 to $1000+
Mortgage Discharge FeesBetween $150 and $1000
Capital Gains TaxNothing if you live in the property you’re selling. More information at the ATO website.
Renovations and RepairsRenovation costs will depend on the age and condition of your property.
Auctioneer’s CostBetween $200 and $1000
Home Staging ExpensesBetween $2000 and $8000
Moving CostsBetween $500 and $3000 depending on the size of your home
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Real Estate Agent Commission

NSW has the second lowest real estate agent commission rate in the country. Real estate commissions in Sydney and other metropolitan areas average 1.8% to 2.5%. Regional properties can expect to pay anywhere from 2.5% to 3.5%. We can give you information on local commission rates and get you in contact with top agents.

Want to know more about fee inclusions, the market or agents in Sydney? We’ve compiled a guide on agents in Sydney.

Commission Calculator
Enter your property’s suburb below and select Sell or Rent to see an estimate of real estate agents’ commission and fees.
Compare Fee To
Sell
Rent
Expected sale price $850K
Management Fee 0%
Weekly Rent $500
Letting Fee 2 Week(s)
Other Fees $0
STANDARD SELLING COSTS
These are the standard costs of selling a property in Australia.
Agent Commision % in Sydney NSW
Payable Commission in Sydney NSW
Marketing Fees (Estimated)
$
Conveyancer Fees (Estimated)
$
Management Fees
$0
Total Annual Fees
$0
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Conveyancer or Solicitor Fees

You should budget anywhere from $700 to $1,300 for your conveyancer or solicitor fees depending on the services on offer.

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.

Marketing Costs

Relative to how prominently you want your ads promoted, advertising a Sydney property online using a top real estate information destination costs anywhere from $600 for the lowest ‘Feature’ tier to nearly $2000 for the ‘Premiere’ tier for 45 days. In other New South Wales areas outside of Sydney like Wollongong and Newcastle, the online advertising fees range from $300 to over $1000.

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.

Mortgage Discharge Fees

Mortgage discharge fees vary considerably depending on the type of loan you have with your bank or building society. Although your bank will be able to shed more light on the exact figure, you can budget for approximately $150 to $1,000.

Capital Gains Tax

Capital Gains Tax may not be relevant if the property you are selling is your home. Visit the ATO website to learn more.

Renovations and Repairs

Renovations and repairs will depend on the age and the condition of your house. It is worth considering if you envisage some minor repairs could speed up the sale of your property.

Auctioneer’s Cost

If you intend to sell your house by auction, the cost of an auctioneer will be between $200 and $1,000.

Home Staging Expenses

If your furniture has seen better days, then it may be worth hiring a professional. Home staging expenses in NSW can cost as little as $2,000 up to $8,000.

Moving Costs

Allocate between $500 and $3000 if you need to hire the professionals to help you move to your next house.

Costs Of Selling Property Calculator in Sydney

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.

Costs Of Selling Property Calculator in Sydney

Costs Of Selling Property Calculator in Sydney
Enter your property’s suburb below to see an estimate of the costs to sell your property.
Expected sale price $850K
FIXED SELLING COSTS
These are the standard costs of selling a property in Australia.
Agent Commision % in
Payable Commission in
Other fees
The fees below will depend on your circumstances. Adjust based on your quoted costs.
Marketing Fees
$
Conveyancer Fees
$
Mortgage Discharge Fees $0
Auctioneer Fee $0
Capital Gains Tax $0
Property Styling Costs $0
Moving Costs $500
Other Costs $0
Property Selling Costs
$0
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Looking To Sell?

The above prices are a general guide to inform you how much it is going to cost you to sell a home in Sydney. 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.

Frequently Asked Questions

What costs are involved in selling a house in Sydney?

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.

What is the average real estate agent commission rate in Australia?

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.

What is included in the marketing costs?

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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