Property guides · NSW & VIC

Plain-English guides for property buyers.

Cooling-off periods, Section 32 statements, auction contracts — the things every buyer should understand, written for humans, not lawyers.

01

AI property contract review in NSW — how it works

A fast, plain-English first read of your NSW contract — what it flags, how accurate it is, and how it works alongside a conveyancer.

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02

NSW property contract review checklist — what to check before you sign

The things worth checking in a NSW contract before you sign — price, cooling-off, special conditions, title and the prescribed documents.

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03

Section 66W certificate explained — NSW property contracts

A solicitor-signed certificate that waives your 5-day cooling-off period — common at auction and on negotiated sales.

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04

The 5-day cooling-off period in NSW — what it actually means

You normally get 5 business days to change your mind after signing — unless you bought at auction or signed a Section 66W certificate.

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05

Auction contracts in NSW — what to check before you bid

No cooling-off at auction — everything that matters has to be checked before you raise your hand.

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06

Easements and 88B instruments explained — NSW property

Rights over the land — carriageway, drainage, services — created by the 88B instrument. What burdens your block and what you can’t build over.

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07

Section 10.7 planning certificate explained — NSW

The council’s record of zoning, bushfire and flood overlays, road widening and contributions — attached to every NSW contract.

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08

Deposit and settlement in NSW — how they actually work

The 10% deposit (and how to negotiate 5%), the settlement timeline, adjustments at completion, and what late settlement costs you.

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09

Section 32 statement explained — buying property in Victoria

The vendor statement a Victorian seller must give before you sign — title, easements, planning, rates and owners corporation, all in one document.

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10

The cooling-off period in Victoria — what it actually means

You usually get 3 clear business days to change your mind in Victoria — unless you bought at, or close to, a public auction.

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11

Owners corporation explained — buying a Victorian apartment or townhouse

Victoria’s version of strata: the fees, special levies, insurance and rules you take on when you buy a lot with shared common property.

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12

Buying off-the-plan in Victoria — what to check before you sign

Signing before it’s built: sunset-clause protections, plan-change rights, the GAIC levy and the off-the-plan stamp-duty concession.

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13

Buying off-the-plan in NSW — what to check before you sign

Signing before it’s built: the disclosure statement, 10-day cooling-off, material-change rights, trust-held deposits and sunset-clause protections.

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14

Sunset clauses explained — off-the-plan contracts in NSW and Victoria

The off-the-plan deadline: why vendors can no longer rescind freely in NSW or Victoria, and why extension clauses are the thing to read now.

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15

Deposit bonds explained — buying property without a cash deposit

A guarantee instead of cash at exchange: what it costs, when it helps, and why the contract has to accept one before you rely on it.

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16

Material changes and plan variations — off-the-plan contracts in NSW and Victoria

What happens when the developer changes what you were promised: your notice, rescission and compensation rights in NSW and Victoria, and the variation clauses to read first.

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17

Settlement and occupation certificates — off-the-plan contracts in NSW and Victoria

Off-the-plan settlement is triggered, not scheduled: plan registration plus an occupation certificate or occupancy permit start a short clock — and your finance has to be ready for it.

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18

Finance risk on a long off-the-plan build — NSW and Victoria

Your loan isn’t locked in at signing: the valuation gap, expiring pre-approvals and the tight settlement window that catch off-the-plan buyers — and how to build in a buffer.

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19

Off-the-plan deposit protections — how your deposit is held in NSW and Victoria

Where your off-the-plan deposit sits while you wait — held in trust, not handed to the developer — and why that matters if the build stalls or the developer collapses.

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20

Off-the-plan stamp duty — concessions and duty in NSW and Victoria

NSW defers the duty; Victoria can shrink the value it’s taxed on. Which mechanism applies to you, who qualifies, and why the rules are set by your signing date.

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21

Strata levies and special levies explained — buying a NSW apartment

The recurring bill you take on with a strata lot — the two funds it feeds, why a special levy can land after you move in, and what the contract should disclose.

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22

Strata records inspection explained — reading the books before you buy a NSW apartment

The pre-purchase strata report: your right to inspect the scheme’s minutes and accounts under section 182, and what they reveal about special levies, defects and disputes before you exchange.

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23

Building defects in a new strata scheme — what to check in NSW

New buildings still leak and crack in their first years — the statutory warranties, the strata building bond and the developer duty of care that protect you, and what to read before you exchange.

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24

Strata by-laws explained — pets, renovations and apartment living in NSW

The scheme’s rulebook you inherit at settlement — what the pet reforms changed, which renovations need approval, and the by-laws worth reading before you buy.

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25

Unit entitlements explained — how strata levies and voting are shared in NSW

The number on the strata plan that decides your share of the levies, your voting weight and your slice of the building — how it’s set and why it’s worth checking.

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26

Capital works fund explained — reading a NSW strata scheme’s repair savings before you buy

The strata scheme’s repair savings: what the capital works fund pays for, how to judge whether it’s healthy, and why a thin fund often signals a special levy ahead.

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27

Section 184 certificate explained — the NSW strata information certificate

The owners corporation’s official snapshot of levies, arrears, fund balances and special levies — the one strata document a buyer can actually rely on, and where it stops.

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28

Owners corporation certificate explained — buying a Victorian apartment

Victoria’s owners corporation certificate: the OC’s formal statement of fees, arrears, special levies, insurance and finances inside the Section 32 — and how it compares with the NSW section 184 certificate.

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29

Strata insurance explained — what the scheme covers and what you don’t in NSW

The building is insured for you — but only to the edge of your lot, and only if the sum insured has kept pace with rebuilding costs. What the scheme covers, what you insure, and how to spot under-insurance.

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30

Combustible cladding explained — buying an apartment in NSW and Victoria

The façade risk that surfaced after the Lacrosse and Grenfell fires: how NSW and Victoria are remediating it, why the cost lands on owners through levies, and what to read before you buy.

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31

Owners corporation rules explained — pets, renovations and apartment living in Victoria

The Victorian scheme’s rulebook you inherit at settlement — how the model rules work, where common property limits your renovations, and the rules worth reading before you buy.

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32

Strata title explained — what you actually own when you buy a NSW apartment

The ownership behind most NSW apartments and townhouses: your lot, the common property you share, the owners corporation you join, and the levies and by-laws that come with it.

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33

Strata renewal and collective sale explained — buying into a NSW scheme

How a NSW apartment building can be collectively sold or redeveloped: the 75% threshold, the Land and Environment Court check, and how to spot a renewal in the records before you exchange.

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34

Repairs and maintenance in a NSW strata scheme — who fixes what

Who’s responsible when something breaks: your lot versus the common property the owners corporation must keep repaired under section 106 — and why the classic leak is usually theirs to fix, not yours.

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35

Company title explained — buying a NSW apartment without strata

The older, non-strata way to own a NSW apartment: you buy shares in the company that owns the building, finance is harder, and a board can say who buys, sells, leases or renovates.

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36

Gazumping explained — being outbid before contracts exchange in NSW and Victoria

The gap before exchange where a higher offer can undo your deal: why a spoken “yes” and a holding deposit don’t bind the seller, and why getting to exchange fast is the only protection.

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37

Registering to bid at auction — NSW and Victoria

What it takes to bid at a property auction: NSW’s compulsory bidder registration and bidder’s number, how Victoria differs, and why the paperwork is easy but a winning bid binds you on the spot.

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38

Unconditional contracts explained — the risks of buying with no conditions in NSW and Victoria

The offer with no strings — and no exit: what you give up by waiving cooling-off, finance and inspection conditions, why buyers do it in a competitive market, and the risk that lands entirely on you.

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39

Property auction rules — how auctions work in NSW and Victoria

How the room actually works: the reserve, passing in, bidder registration, vendor bids and dummy bidding — and why a winning bid binds you on the spot with no cooling-off in either state.

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40

Passed in at auction explained — what it means and what to do next in NSW and Victoria

When the hammer doesn’t fall: why the reserve stopped the sale, how the highest bidder’s first right to negotiate works, and why passing in doesn’t hand you a cooling-off period.

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41

Buying before auction — making a pre-auction offer in NSW and Victoria

Offering before the auction day: why it rarely comes with cooling-off — waived by a 66W in NSW, gone by statute within three business days of the auction in Victoria — and why the contract still needs the same review.

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42

Cooling-off forfeit explained — what pulling out costs in NSW and Victoria

The cost of changing your mind in the window: 0.25% of the price in NSW, $100 or 0.2% in Victoria — how it’s worked out, where it comes from, and why an auction or 66W leaves you with no cheap exit at all.

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43

Auction vs private treaty — how the two ways to buy differ in NSW and Victoria

The two ways a property is sold, side by side: private treaty keeps your cooling-off period and conditional offers, auction is binding and unconditional the moment the hammer falls — and why that decides how much homework you do first.

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44

Paying the deposit at auction — how much, when and how in NSW and Victoria

The deposit due the moment the hammer falls: usually 10% on the day, why it has to be arranged before you bid, how people actually pay it, and why an auction leaves no cheap way back out.

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45

Building and pest inspections before auction — NSW and Victoria

No cooling-off and no subject-to-inspection clause at auction means the building and pest checks have to be done before you bid — how to arrange them, why every lost auction is a report you paid for, and what to do with a bad result.

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46

Reviewing the contract before you bid at auction — NSW and Victoria

A building inspection reads the property; a contract review reads the deal. Why an unconditional auction contract has to be checked before you bid, what a review looks at, and how to negotiate a change while you still can.

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47

Underquoting explained — why the guide price isn’t the sale price in NSW and Victoria

Why homes so often sell far above the guide: what underquoting is, the price-guide rules in NSW and Victoria meant to curb it, and how to value the property yourself instead of trusting the quote.

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48

Extending the cooling-off period — NSW and Victoria

When the window runs out before your finance or inspection does: how to ask for more time, why only the vendor can grant it in writing, and why an extension still isn’t a free way out.

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49

Using your cooling-off period — how to pull out of a contract in NSW and Victoria

Cooling off is a right you have to use, not one that lapses in your favour: how to serve a written notice of rescission in time, who to deliver it to, and what pulling out actually costs.

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50

Holding deposits explained — paying to hold a property before exchange in NSW and Victoria

The token you pay before exchange to show you’re serious: why it doesn’t secure the property or bind the seller, whether you get it back, and how it differs from the 10% deposit at exchange.

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51

Exchange of contracts explained — when you become legally bound in NSW and Victoria

The moment the deal becomes binding: both sides sign, the copies are swapped and the deposit is paid — why a handshake binds no one before it, why auction exchange is instant, and why cooling-off only starts here.

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