"BEST Customer Service in Conveyancing" Award Winner for 2023 & 2024 (Word Of Mouth)

Talk to a Lawyer
1800 532 326
Call & Talk To A Lawyer (FREE consult)
1800 532 326

How much generally is the deposit for a property purchase?

The deposit is an amount that is used as security for the seller, hence it is always in the seller’s best interest to ask for a larger amount, whereas the buyer may not want to put too much down upfront. Strictly speaking it is something that is up for negotiation between the parties. However, it is also quite normal to be asked to put down something like 5% or 10% of the purchase price as the deposit upfront.

If you do not have a large deposit and will be borrowing 90% or more of your purchase price from your bank to complete, then you may want to negotiate for a 5% deposit. It is important to bear in mind that the amount of deposit being paid upfront is a consideration that the seller may take when they are deciding which offer to accept.

Get Your Quote Now
Enter Your Details Below and We’ll Calculate Your Conveyancing Fees in 30 seconds
Contract Review
drafting
Contract Drafting
Buying Conveyancing
Selling Conveyancing
Transferring Property
SSL Green Logo
SSL Security & Privacy Assured

Lead Legal Services Pty Ltd (ABN 86 640 514 558)
Proud to be a registered conveyancing law firm.

Member of Queensland Law SocietyPEXA Members Badge

Our Recent Reviews

Gavin Douglass Avatar
Gavin Douglass
07 Jun 2024
Mark Fletcher at Leadconveyancing handled my recent sale in Brisbane. I would recommend him for his patience and customer service. As a seller, I felt he represented my interests completely.
read more
tabithablue009 Avatar
tabithablue009
03 Jun 2024
Had a wonderful experience with Lead Conveyancing, especially as a first home buyer. They were prompt, helpful and very reassuring through the whole process. Highly recommend.
read more
Tristan Nguyen Avatar
Tristan Nguyen
01 Jun 2024
I had a wonderful experience with John Reid, Kristy Fletcher and Alice Blair. Special thanks to Alice who really advocated for us and support us during an otherwise stressful time. We will definitely use their service again in future.
read more
See More
lead conveyancing logo footer
Brisbane
Suite 5, Level 18, 324 Queen Street, Brisbane QLD 4000 Australia
Melbourne
Level 2, Suite 9, 454 Collins St, Melbourne VIC 3000, Australia
Sydney
Level 36, Governor Phillip Tower, 1 Farrer Pl, Sydney NSW 2000, Australia

Liability limited by a scheme approved under Professional Standards Legislation