I've a keen interest in SMSF but don't have enough funds so I'll be in learning phase for a couple of years. What are the typical costs for buying property in SMSF? Accountant fees: Bare Trust setup and financial advice certificate - $2000 to $2500 Stamp duty on security trust - Upto $500. Depends on the State. WA is $0 but is that for Trustee in WA or property in WA? Lender Fees: Loan application & valuation fee - $1000 to $1500 Bank legal fees - $1500 - $2000 All up, $4500 to $6500. Does that seem about right? On a $300k property that is about an extra 2%, similar to LMI on high LVRs. Yearly admin/tax fees will go up a bit and there is a $260 levy on corporate trustee for the Bare Trust, I think. EDIT: Split the costs into lender fees and Accountant fees, thanks Shahin_Afarin.