What is PEXA?
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Cost of PEXA

How much does PEXA cost?

The PEXA fee is a per-transaction charge for settling a property deal electronically, collected at settlement. There's no fee if the transaction doesn't complete, and the amount varies by state and transaction.

PEXA charges a fee per transaction which is collected at settlement, so if the transaction is not successful there will be no PEXA fees.

The fees are subject to change and differ from state to state and transaction to transaction. The complete schedule of fees is on the PEXA website.

What makes up the cost at settlement

ChargeWho it's forNotes
PEXA transfer (workspace) feeThe electronic settlement platformA per-transaction fee, only charged if settlement completes; varies by state and transaction
PEXA dealing fees (mortgage discharge / new mortgage)The banks involvedCharged to the lenders for their part of the workspace
Land registry feesThe state land registryGovernment fees to register the transfer (and your mortgage); set by each state
Conveyancer's professional feeYour conveyancer or solicitorSeparate from the above — see the fee vs disbursements explainer

Because PEXA's fees are indexed and change over time, check the current amounts on the PEXA pricing page rather than relying on a fixed figure.

As registered PEXA subscribers, the team at Zettle can guide you through the process and keep your settlement as smooth and efficient as possible.

In practice

The cost of PEXA in practice

In our experience, the PEXA fee causes very little worry once buyers understand two things. The first is that it's a single per-transaction charge collected at settlement, not an ongoing cost — and if a transaction doesn't complete, there's no PEXA fee to pay.

The second is that the amount isn't fixed. It varies by state and by the type of transaction, so a figure a friend quotes from their purchase won't necessarily match yours. A common question we get is simply "why is mine different?", and that's usually the reason.

As registered PEXA members, we handle the platform side and confirm the exact fee for your matter rather than leaving you to guess from a general figure.

The takeaway: treat the PEXA fee as a settlement-day cost that depends on your state and transaction, and ask us for the figure that applies to you.

Common questions

Is PEXA charged if my purchase falls through?

No — the PEXA fee is only charged when the transaction actually settles. If it doesn't complete, there's no fee.

Is the PEXA fee the same everywhere?

No — it varies by state and transaction type, and it's collected at settlement as a disbursement. Your conveyancer includes the current amount in your disbursements estimate.

Do I pay PEXA on top of my conveyancer's fee?

Yes — it's a third-party disbursement, separate from the conveyancer's professional fee, and appears as a line item at settlement.

Related explainers

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