All The Hidden, Unexpected Costs Of Buying A Home

Posted by Simon Dehne on March 14, 2016 in Latest News with No Comments


home_inspection2Your home is probably the most expensive thing you’ll ever own, and that expense goes beyond the closing price. There’s the cost of the house, but then there are other ongoing and upfront expenses that can catch you off guard. Especially if you’re a first time buyer, it helps to know what you’re getting into.

Zillow estimates that, on average, Americans pay about $US9000 ($12,383) a year in extra home ownership costs, but that varies depending on where you live, and how you buy. Realestate.com.au estimates the extra costs of buying a $500,000 home in Australia to be $11,540–$14,050. Some of these costs aren’t exactly “hidden” but they are commonly overlooked. Let’s take a look at them in detail.

Read more.

« previous post

The Great Australian Nightmare...

first_home_buyer_1Report after report demonstrates the decline in housing affordability across the country, ...

next post »

New homes sales in Australia u....

Real estate are raising. Positive chart New home sales in Australia increased by 3.1% in January with detached properties lead...

Leave a Reply

No trackbacks yet.

No post with similar tags yet.

Posts in similar categories

QUICK START Compare Home Loans

I am looking to buy a ...
I need to get a loan for ...
The type of interest rate I require is ...
My timeframe to buy or refinance is ...
Compare Investment Mortgages

Interest Rates in Australia

RBA Cash Rate:

1.50%

Next RBA meeting:

6/02/2018

Last months RBA Decision

- 0.00

RBA Rate Change last 12 mths:

-0.00%


Current & Past News Updates