When property is purchased, every state has a different requirement in terms of both the pathway that is taken during the conveyancing stage and the deposit which is expected.

In most states, typically 10 percent of the purchase price is required as a deposit provided at the time of signing the contract of sale. In some states, however, this is negotiable and can vary from a deposit of just $500 to several thousand, up to a full 10%.

Remember, not all states have ‘exchange of contract’ and in many states an unconditional contract occurs when conditions are met and a deposit of some description is paid.

In the next few topics, we explore the four methods investors use to pay the deposit:

To explore these options further we have divided the residential investor market into two categories; established purchases and off-the-plan purchases.