Question 1

Do I need a buyers agent when buying a home in Australia?

Accepted Answer

A buyers agent is optional — many buyers find homes perfectly well on their own. However, they can be particularly valuable at auction or if you're time-poor or unfamiliar with the area. They typically charge $8,000–$20,000 or 1–2.5% of the purchase price.

Question 2

What does a conveyancer do in Australia?

Accepted Answer

A conveyancer handles the legal transfer of property — reviewing contracts, conducting title checks, and managing settlement. You need one before you exchange contracts. They typically cost $800–$2,000.

Question 3

Do I need a building and pest inspection before buying a house?

Accepted Answer

A building and pest inspection is strongly recommended before exchanging contracts. It checks for structural issues, defects, and pest activity. Problems found after you've exchanged contracts become your responsibility. Inspections typically cost $400–$800.

Question 4

Is a mortgage broker free to use in Australia?

Accepted Answer

Yes — mortgage brokers are free to use for home buyers. They are paid a commission by the lender, not by you. They can access loans from dozens of lenders and handle the application on your behalf.

Where to start 🔎