What is my maximum auction bid?
Enter the cash you have available and your loan pre-approval. We work backwards through Queensland stamp duty and other costs to give you a safe maximum bid.
Your safe maximum bid
$968,000
Includes $29,874 in government costs and $2,100 in professional fees.
Estimate only. Auction bids are unconditional in Queensland. Confirm your finance and cash position with a licensed broker and solicitor before bidding.
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Common questions
Are auction bids in Queensland unconditional?
Yes. A winning bid at auction in Queensland forms a binding, unconditional contract. There is no cooling-off period, so your finance and cash position must be sorted before you raise your hand.
What should my absolute ceiling be?
Your ceiling should include the deposit payable on the fall of the hammer (usually 10%), stamp duty, and settlement costs, all inside your total available cash plus finance.