Offloading property? Beware the 10pc sales and relocation 'tax'
The cost of advertising, conveyancing and property repairs has jumped in the past 12 months.
Source: afr.com
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The cost of advertising, conveyancing and property repairs has jumped in the past 12 months.
The Reserve Bank has left interest rates on hold at 4.1 per cent for July, sparing mortgage holders a 13th rise since last May.
However, the RBA has kept the door open for a rate hike in August.
The Reserve Bank has held interest rates in July as it awaits fresh data on inflation, delivering a much-needed reprieve.
Population growth, the rental crisis and building industry crisis have meant people turning to the established homes market in droves, driving prices upwards.