Hello everyone. I have just purchased an established waterfront house investment property on the Sunshine Coast. I have been told that a Title Registration Fee of $4890 is payable. This is not included in Stamp Duty.
I have found it difficult to get info from Government sites, to find out what this fee is for and how it is calculated.
If anyone has info or experience would be greatly appreciated.Thanks
MattThe fee calculation is noted here.
As per the registration fee, just another fee by the State government “just because”. They’ve got to find mechanisms to generate revenue somehow and sometimes its easier to trump up other fees than just ratcheting up stamp duty causing an uproar.
I’m assuming this transfer would be circa 1.6mil if thats the fee?
Corey Batt | Precision Funding
http://www.precisionfunding.com.au
Email Me | Phone MeInvestment Focused Finance Strategist - servicing Australia-wide
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