How Much Does It Cost to Sell a House in 2024?

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Selling your house means liquidying your assets, giving you direct access to the funds invested in the property. Whether you’re looking to buy a new house, downsize, or invest your assets elsewhere, there are a wide range of reasons to be selling up. However, there are several expenses and costs that you should be aware of when selling your house in 2024. 

With house prices in Australia’s major cities at a median of $931,762, you may be considering if it is time to sell your house. Property markets are booming all across the nation for now, but with property prices expected to stabilise sometime in 2024, it may be a good time to consider putting your house on the market. 

Whether you’re selling a property for a home upgrade or to reap its financial value, you’ll need to prepare for the costs that will be incurred as part of the sale. We collated the key expenses that are involved with house sales in this article to give you an overview of what to expect. 


Table of Contents

  • Costs When Selling a House in 2024
    • Marketing fees
    • Property styling costs
    • Conveyancing costs
    • Agent fees
    • Early-exit fees
  • 2024 state guides for selling a house


Costs When Selling a House in 2024

Costs Associated With Selling A House


Marketing Fees

Putting your house on the property market will require you to list it, whether through physical or digital marketing channels such as street-facing boards, property websites, fliers, or even in the newspaper. 

The faster you want to sell the house, the more exposure it will need, meaning you’ll need to fork out some money for marketing efforts, or even a campaign. The cost of marketing your house is variable — the more coverage you want your listings to have, the greater the marketing fees you’ll need to pay. 

As a general guide, you should be prepared to pay at least 0.5% to 1% of your house’s price on marketing and advertising costs. So, if your house is valued at $700,000, you should budget for around $3,500 to $7,000 in marketing costs. 


Property Styling Costs

Some agents will recommend professional styling for your house before selling it to give it a boost in value and overall sale price. These stylings are cosmetic in nature and typically involve the inclusion of new furniture or interior touch-ups to help “stage” the property’s best appearance. 

Costs for styling can range from $1,000 for a one-bedroom apartment to $8,000 for a four-bedroom home. 


Conveyancing Costs

Conveyancing is the legal process of transferring your property to the buyer, and this will need to be done by licensed conveyancers or solicitors. Naturally, this service will cost you a fee as well, which can vary between $700 to $2,000, depending on the size of the house and the complexity of the process. 


Agent Fees

Using an agent to help sell your house is a popular option for many sellers as they have access to a wide range of connections within the property market, thus increasing your chances of getting a good deal. 

Agent fees generally come in 3 forms: flat or fixed, commission-based, and bonuses. 

    • Flat fee: A fixed amount that is agreed upon regardless of the outcome of the sale. 

    • Commission fee: A fee that is paid as a percentage of the final sale amount of the house. Common commission fees range from 1% – 3%. 

    • Bonuses: A percentage-based fee that is added to commissions, but only if the property is sold at or beyond a target amount set by the seller. 

The type of fee structure and amount should be agreed upon with the agent before you sell the house and sign the transfer documents. 


Additional Costs Associated With Selling A House


Early-Exit Fees

In the case where you have not completed paying off the mortgage for the house, you may need to pay an additional fee to your lender before being discharged from the home loan.  

Each lender charges a different amount for early-exit, but most fees will fall between $150 to $1500. Be sure to check this amount with your lender beforehand in order to account for it. 


2024 House Sale Costs Overview for Each State

For brevity, we’ve included an overview of the estimated costs for each of the above-mentioned expenses for selling a house in each state. 

State Marketing costs Property styling Average agent commission Conveyancing costs
ACT $100 – $800 $2000 – $6,000 2.18% $700 – $2,500
NSW $600 – $2,000 $2000 – $6,000 2.1% $700 – $2,500
NT Up to $600 $1700 – $4000 2.8% $990 – $1200
QLD  $600 – $2,000 $1700 – $4000 2.25% $500 – $1300
SA $500 – $1,000 $1800 – $2500 2.06% $700 – $2,500
TAS Up to $600 $1700 – $4000 2.96% $500 – $2,200
VIC  $500 – $2,000 $2000 – $5000 2.1% $750 – $2,200
WA $400 – $1,000 $2000 – $5000 2.44% $500 – $2,200