fixed price services

Preliminary settlement statement

     
 

    Introduction

  • We will use the information you enter to build a preliminary settlement statement showing:
    • for buyers, the estimated total cost of purchase;
    • for sellers, the estimated net sale proceeds.
  • This calculator is designed for the sale and purchase of residential real estate in Western Australia. 
  • You may give us as much or as little information as you like. If you are unsure we suggest you give an estimate.
  • We will not retain the information you enter.
  • Our flat rate fee covers the usual services required to complete settlement under a standard contract.  For full terms see our Product Disclosure Statement [PDF document].

Property details

I am
Selling Buying
Property address:
Is the property a strata titled or survey-strata titled property?
No Yes
Sale/purchase price: $
Settlement date:  
 

Real estate agent

I am:
selling my property privately; or
using the services of a real estate agent.
Enter the agent's fee (including GST):
$ or % per cent of sale price
If the fee does not include marketing expenses, enter an estimate of those expenses: $
 
  

Secured loans

Is your property mortgaged?
No Yes
Give the repayment amount(s), or an estimate:
Lender: $
Lender: $
 
  

Other costs of sale

Are you paying other costs associated with the sale; for example, termite inspection costs, repairs etc?
No Yes
Give details, or an estimate:
$ and
 
  

First home buyers

The Federal government offers a one-off $7,000 grant to first home owners provided they meet certain criteria. Special transfer duty concessions apply to those eligible for the grant. For details and more information visit the Office of State Revenue's website.
Do you qualify for the First Home Owners Grant?
No
Yes - we'll assume you wish to claim the Grant and the applicable rate of transfer duty
  Please indicate whether the property:
  includes an established home; or
  is vacant land.
 
  Have you signed a building contract?
  Yes
  No - we will calculate transfer duty at the General Rate. Once you build a house on the property you may apply to the Office of State Revenue for a refund
 
  

Transfer duty concessions for residential property

Buyers of residential property are entitled to a reduced rate of transfer duty known as the residential rate of duty. For this purpose, residential property means an established property used for residential purposes or vacant residential land, provided you enter into a building contract prior to settlement. For more information visit the Office of State Revenue's website.
Do you wish to claim the residential rate of duty?
No Yes
 
  

Deposit

Have you paid a deposit or other monies against the purchase price?
No Yes
Deposit: $
 
  

Finance

Are you borrowing money from a bank or other lender to complete the purchase?
No Yes
Lender:   $
The lender's fees, such as loan establishment fees, documentation fees etc are usually deducted from the proceeds of the loan.
Give details:
$
 
  

Other costs of purchase

Are you paying other costs associated with the purchase; for example, termite inspection costs, building inspection reports, etc?
No Yes
Give details or an estimate:
$ and
$ and
 
  
 
     
     
 

Date of this statement:
Expected settlement date:
Amounts given are estimates and include GST where applicable
  Paid ($)Received ($)
Gross sale proceeds  
Your share of rates and taxes
  Local authority rates, water rates and strata levies (if applicable) are apportioned between buyer and seller In most cases land tax (if applicable) is not apportioned. Any outstanding rates, taxes and levies will be paid at settlement.  
Real estate agent's charges
  Selling fee  
  Marketing expenses  
Birman & Ride charges^
  Flat rate settlement fee  
  This fee represent a discount of $ or % off the Settlement Agents Act Scale fee.    
  Government fees, bank fees and strata company charges we pay on your behalf  
Other costs of sale
   
Repayment of loans
   
   
Estimated net sale proceeds - amount due to you*  
 
 
* Does not account for adjustment of rates, taxes and levies
^ This offer is made on the terms set out in the Product Disclosure Statement [PDF document]

 

 
     
     
 

Date of this statement:
Expected settlement date:
Amounts given are estimates and include GST where applicable
   $
Purchase price
Your share of rates and taxes
  Local authority rates, water rates and strata levies (if applicable) are apportioned between buyer and seller. The amount shown does not include your share of any strata levies.  
State government transfer duty*
Landgate transfer registration fees
Birman & Ride charges^
  Flat rate settlement fee
  This fee represents a discount of $ or % off the Settlement Agents Act Scale fee
  Government fees, bank fees and strata company charges we pay on your behalf
Other costs of purchase
 
 
Estimated total cost of purchase
 
Sources of funds: $  
  Proceeds of loan - lender:  
  Less: lender's fees  
  Net loan proceeds  
  First Home Owners Grant *  
  Deposit and any other monies paid to date  
  Balance due by you to complete settlement  

* Conditions apply - see the Office of State Revenue's website for details and more information

 ^ This offer is made on the terms set out in the Product Disclosure Statement [PDF document]

 

 
     

 

 

 

Lucy Newson 9220 4430
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