A one-off government fee charged by your state or territory's land titles office to formally register your lender's mortgage against the property title. It's a part of settlement costs, separate from stamp duty, and the amount is set by the relevant state authority rather than your lender – so it can vary depending on where you're buying.

A one-off government fee charged by your state or territory's land titles office to register the change of ownership on the property title from the seller to you. Like the mortgage registration fee, it's set by the relevant state authority and generally scales with the property's purchase price, so it varies depending on where and what you're buying.

A state government tax charged on the transfer of property ownership, calculated on a sliding scale based on the property's purchase price. Rates and thresholds vary by state and territory, and first home buyers may be eligible for concessions or full exemptions depending on the property value and location. This is often one of the largest upfront costs in a property purchase.

The first home buyers grant is a one-off, tax-free payment from state and territory governments to help eligible first home buyers purchase or build their new home. Grant amounts vary by state.

To qualify, you generally need to be 18 or older, an Australian citizen or permanent resident, a first home buyer who has never owned residential property in Australia, and intend on living in the property as your primary residence for a minimum period after settlement.

Note that grant amounts, price caps and eligibility rules are updated regularly and differ by state. Always check current details with your state or territory revenue office before relying[br] on this figure in your financial planning.

The 5% Deposit Scheme supports eligible homebuyers to purchase a home sooner with a lower deposit. On 1 October 2025, the government expanded the scheme so all first home buyers can now buy with a 5% deposit.

The scheme no longer has a cap on how many applicants it can support, income caps have been removed, and property price limits have been increased across all streams.

Allows an immediate family member to use cash (as a term deposit) or equity in their own home as additional security for your loan, rather than contributing funds directly. The 5% Deposit Scheme supports eligible homebuyers to purchase a home sooner with a lower deposit.

This can reduce your loan-to-value ratio (LVR) to under 80%, meaning you won't need to pay Lenders Mortgage Insurance (LMI) on top of your deposit.

Check out the Revenue Office website for your state to understand if you are eligible for any other grants or concessions.

• ACT Revenue Office{external-link}
• NSW Revenue Office
• QLD Revenue Office
• SA Revenue Office{external-link}
• TAS Revenue Office
• VIC Revenue Office
• WA Revenue Office

LMI is a one-off insurance premium charged when your deposit is less than 20% of the property value. It's typically added to your loan amount or paid upfront at settlement. LMI protects the lender if you're unable to meet your repayments – it's not a policy that covers you personally. The cost varies depending on your loan amount and deposit size, but can run into thousands of dollars, so it's worth factoring into your upfront budget.