State Comparison Summary
| State | Settlement | Cooling-Off |
|-------|-----------|-------------|
| NSW | 42 days | 5 business days |
| VIC | 30-60 days | 3 business days |
| QLD | 30 days | 5 business days |
| WA | 28-42 days | None |
| SA | 30-60 days | 2 business days |
| TAS | 30-42 days | Varies |
| NT | Negotiated | 4 business days |
| ACT | 30-60 days | 5 business days |
Auction Exception
Cooling-off periods generally do not apply to auction purchases. At auction, the contract is unconditional and binding from the fall of the hammer.
Virtual Buyers Agent handles this automatically.
See how it works 