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Deposit information – QLD
A deposit is paid by you when you purchase a property. In Queensland, this can be any amount from NIL to 10% of the purchase price and the total amount may be split into an initial and balance deposit. The deposit will be held by the deposit holder noted on the...
Deposit information – NSW
A deposit is paid by you when you purchase a property. In New South Wales, this is 10% of the purchase price unless otherwise agreed between you and the seller. The deposit will be held by the deposit holder noted on the contract (this is the agent or seller’s...
Deposit information – VIC
A deposit is paid by you when you purchase a property. In Victoria, the standard deposit is 10% of the purchase price (negotiable) and the total amount is often split into an initial and balance deposit. The deposit will be held in the trust account of seller’s real...