10–16x cheaper upfront than buying with a 5% deposit.

Our buyer’s agency fee is a fixed fee set by your initial home value and package: Standard $15,000 to $25,000 and Plus $20,000 to $30,000, plus GST, capped at the $1,000,000 rate. It is paid in 260 interest-free weekly instalments over 5 years. A $325 + GST signing fee is paid when you appoint us; it is non-refundable and comes off your first 12 weeks. The first 12 weeks are due when your Contract with the owner is signed; if no Contract is signed, nothing more is payable. If you buy, or the Contract ends, before all 260 instalments are paid, the balance is payable then; if you buy or the home is sold, your solicitor pays it from the settlement funds. The owner never pays or deducts our fee. Optional support after 5 years is $22 a week (incl. GST). The total upfront to start is an estimate of what you pay before you move in: the independent solicitor ($1,100), a 4-week rental bond (rent estimated at a 4% gross yield on the initial home value) and the first 12 weeks of our fee. Your rent and bond will vary. The bond and rent in advance are paid to the property manager, and the bond is refundable under your lease. Each week you also pay the rent, plus a deposit contribution of 50% of the starting rent, fixed for the whole lease; these are not our fee. Both go to the owner, and your deposit contributions are credited to you in full when you buy. These amounts are set out in your Contract with the owner. The ‘10–16x cheaper upfront’ figure is an estimate, not a warranty. For each initial home value from $500,000 to $1,000,000 in $10,000 steps, in Queensland and New South Wales, we divided the upfront cost of buying with a 5% deposit under the Australian Government’s 5% Deposit Scheme (the deposit, owner-occupier transfer duty before any first home buyer concession, and $1,500 conveyancing; no LMI, registration, lender or inspection costs) by the Standard package’s total upfront to start. Results ranged from about 10.4x to 16.7x; on the Plus package about 9.6x to 16.0x; with first home buyer duty concessions, as low as about 7.8x. Your costs will vary. *Inspection costs are extra. † A pre-mortgage health check is a general review of your progress towards being ready to apply for a home loan, such as your savings, deposit and debts. It is not credit advice, a loan application or a mortgage broking service, and PublicSquare does not recommend any lender or loan. The Sell-Back Guarantee is provided by the owner. A deposit and LMI may apply when you buy, subject to your lender. This is a summary; full terms are in your buyer’s agent appointment.