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Do you know the cost of a burial?

There are many questions and misconceptions around burials in Australia, particularly relating to what they cost. Many everyday Australians have questions about funerals, but fail to seek out the answers.

For example, did you know that burial plots are not the same price throughout Australia? Depending on where you are, the price will differ. In the middle of major cities, for example, prices have risen as cemeteries near capacity. In regional areas you are more likely to pay less for a burial plot.

In Sydney, for example, plot prices have doubled since 2013. For people who want a basic grave on the lawns of popular Waverley Cemetery, prices start at $21,200 and can exceed $52,000 depending on their wants. In Brisbane, on the other hand, prices start at around $3,700.1

Another misconception that many Australians have is about cemetery fees. Some people assume that cemetery fees end with the cost of the burial plot. This is sometimes not the case!

There are many things to consider when purchasing a burial plot, so speak with the chosen cemetery beforehand to get a firm understanding of the total costs. Some additional expenses may include the interment fee, extra depth digging, grave liner or burial vault, cemetery maintenance fees, and the term of interment.

Grave type will also influence the final cost. Some graves, for example, are just for one person, while others are for two or a family. There are also many different styles of graves, such as lawn burial plots, which are grass-top graves with a headstone or plaque, or monumental burial plots, which have a larger monument that covers the entire grave.

Depending on the type of burial chosen, the cost can range from a few hundred to several thousands of dollars. Because of this, burial planning requires the same care and attention as any other planning.

Do you know the cost of a burial? [infographic]

Another misconception that many Australians have is about cemetery fees. Some people assume that cemetery fees end with the cost of the burial plot. This is sometimes not the case!

There are many things to consider when purchasing a burial plot, so speak with the chosen cemetery beforehand to get a firm understanding of the total costs. Some additional expenses may include the interment fee, extra depth digging, grave liner or burial vault, cemetery maintenance fees, and the term of interment.

Grave type will also influence the final cost. Some graves, for example, are just for one person, while others are for two or a family. There are also many different styles of graves, such as lawn burial plots, which are grass-top graves with a headstone or plaque, or monumental burial plots, which have a larger monument that covers the entire grave.

Depending on the type of burial chosen, the cost can range from a few hundred to several thousands of dollars. Because of this, burial planning requires the same care and attention as any other planning.

Funeral insurance can make life easier for your family at a difficult time. The lump-sum payment can be used for funeral expenses such as the service, burial, coffin or anything that will make the process smoother. While your own funeral may be hard to think about, planning ahead can save your family financial worry during an emotional time.

To find out more about how Real Funeral Insurance could work for you and your family, contact us today on 1300 007 325.


References

  1. Prepaid funeral and burial plotsYour Life Assist

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