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5 Key Differences in Buying & Selling Property in WA vs. the East Coast
Published by RG Settlements. Our Victoria Park team provides property settlement and conveyancing services for buyers, sellers and property owners across Perth and Western Australia.
Archive note: This article was originally published on the date shown. Rules, eligibility criteria and market conditions may have changed; confirm current requirements before acting.
Property law in Western Australia (WA) has its own unique characteristics, much like its coffee — distinct and worth understanding before entering the market. If you’re buying or selling property in Perth, you’ll notice several key differences compared to Sydney, Melbourne, or Brisbane. Let’s break them down:
1️⃣ Buying & Selling Styles
WA primarily operates through private treaty sales, often using REIWA’s standard contracts for seamless transactions. In contrast, auctions dominate on the East Coast — and once the hammer falls, there’s no cooling-off period!
2️⃣ Cooling-Off Periods
Cooling-off rules differ by state. In Victoria, eligible private residential and small rural sales generally have three clear business days, subject to exceptions including auction-related sales. In NSW, residential buyers generally have five business days after exchange; off-the-plan purchases generally have ten, and exceptions or waivers may apply. WA has no general statutory cooling-off period for ordinary residential property purchases, so review the contract before signing.
Cooling-off correction, 7 September 2026: The earlier statement that Victoria has five days has been corrected. See Consumer Affairs Victoria and NSW Government contract guidance.
3️⃣ Contracts & Legal Framework
WA relies on REIWA-standard contracts, which are balanced, consistent, and regularly updated to protect both parties. On the East Coast, contracts tend to be seller-friendly and are often drafted by solicitors, making it crucial for buyers to scrutinize the fine print.
4️⃣ Deposits & Financial Commitments
- In WA, buyers typically pay a deposit of $10,000–$20,000.
- In NSW, VIC, and QLD, deposits are usually 10% of the purchase price — meaning a $600,000 home requires a $60,000 deposit!
5️⃣ Rental Yields & Market Trends
Perth boasts strong rental yields and low vacancy rates, making it an attractive investment destination. For example:
- A $450,000 property in Perth CBD might generate $650/week in rental income.
- In Sydney, securing similar returns often requires a $700,000+ investment.
Why These Differences Matter
Understanding these nuances ensures you navigate the WA property market confidently, whether you’re buying, selling, or investing. While WA may lack a Harbour Bridge, it compensates with affordable properties, high rental yields, and a thriving real estate market. ☕
Need Expert Advice?
At RG Settlements, our legal and conveyancing experts are here to guide you through WA’s unique property landscape.
Get in touch today for professional property law advice tailored to your needs!
Planning a property settlement in WA?
Get a settlement quote from RG Settlements for your purchase, sale or property transfer.
Big News for First-Home Buyers: Understanding the Help to Buy Scheme
Published by RG Settlements. Our Victoria Park team provides property settlement and conveyancing services for buyers, sellers and property owners across Perth and Western Australia.
Archive note: This article was originally published on the date shown. Rules, eligibility criteria and market conditions may have changed; confirm current requirements before acting.
Eligibility and shared equity update — 7 September 2026: The eligibility figures and ownership explanation below have been corrected using the Australian Government Help to Buy guidance. Check the current income and local property price caps with a participating lender before applying.
The Federal Government’s Help to Buy Scheme has officially passed through Parliament, marking a significant milestone for first-home buyers. This initiative aims to make homeownership more accessible, especially for those struggling with large deposit requirements.
What is the Help to Buy Scheme?
- Eligible first-home buyers can purchase a home with as little as a 2% deposit.
- The government contributes up to 30-40% of the property’s value (depending on the property type) as equity.
- A smaller deposit means lower mortgage repayments, making homeownership more financially manageable.
Why This Matters
With property prices increasing significantly—up 47% nationally over the past five years—many Australians have found it challenging to enter the housing market. This scheme offers a realistic opportunity for buyers who have struggled to meet the traditional 20% deposit requirement.
Eligibility and Key Considerations
- Available to eligible first-home buyers and people returning to home ownership. Applicants generally cannot own or beneficially own other property, with limited exceptions for single parents.
- Income caps apply: annual taxable income must currently be no more than $103,000 for an individual applicant or $165,000 for joint applicants and single parents, assessed using the previous financial year’s ATO Notice of Assessment. Thresholds are indexed annually.
- Property price limits are set based on location.
- You own the home and share part of its value with the government through its equity contribution; the amount repaid is linked to the property value at the relevant time.
Pros and Cons of the Scheme
Advantages:
✔ Reduced deposit requirement, making homeownership accessible sooner.
✔ Lower mortgage repayments due to government equity contribution.
✔ Support for individuals and families looking to enter the housing market.
Potential Drawbacks:
❌ The government retains an equity interest linked to the value of your property.
❌ Future sale or refinancing may require government approval.
❌ Income and property price caps may limit eligibility.
Is This the Right Move for You?
The Help to Buy Scheme could be a game-changer for young families, singles, and couples aiming to purchase their first home. However, it’s essential to weigh the long-term implications of shared equity with the government.
Get Expert Advice on Property Settlement
Navigating homeownership and government schemes can be complex. At RG Settlements, we provide expert legal guidance to ensure your property journey is smooth and stress-free.
Thinking about buying your first home? Contact RG Settlements today for professional property settlement advice.
Planning a property settlement in WA?
Get a settlement quote from RG Settlements for your purchase, sale or property transfer.
Green Title vs. Strata: Understanding Property Ownership in WA
Published by RG Settlements. Our Victoria Park team provides property settlement and conveyancing services for buyers, sellers and property owners across Perth and Western Australia.
Archive note: This article was originally published on the date shown. Rules, eligibility criteria and market conditions may have changed; confirm current requirements before acting.
When purchasing property in Western Australia, one of the key decisions buyers face is choosing between Green Title and Strata Title. Understanding the differences between these ownership structures can help you make the best choice for your lifestyle and investment goals.
What is a Green Title?
A Green Title means you own both the land and any structures built on it. This is the most traditional form of property ownership in Australia.
Key Benefits of Green Title:
- Full Ownership: You have complete control over the land and any improvements.
- No Shared Spaces: Unlike strata properties, there are no common areas or shared responsibilities.
- Freedom to Renovate: You can modify or extend your property without seeking approval from strata management.
Considerations:
- Higher Costs: Maintenance and upkeep are entirely your responsibility.
- Larger Land Parcels: Typically, Green Title properties require a greater financial investment.
What is a Strata Title?
A Strata Title allows you to own a portion of a larger property, sharing common areas such as gardens, driveways, pools, and recreational facilities with other residents.
Key Benefits of Strata Title:
- Lower Entry Costs: Often more affordable than Green Title properties.
- Shared Maintenance: The strata management takes care of common areas and external maintenance.
- Access to Amenities: Many strata developments offer pools, gyms, and landscaped gardens that individual homeowners may not afford on their own.
Considerations:
- Strata Fees: Owners must contribute to the upkeep of shared spaces, which can add ongoing costs.
- Rules and Restrictions: Strata by-laws regulate aspects such as renovations, pet ownership, and common area usage.
- Limited Control: Decisions about shared property features require approval from the strata management body.
Which One is Right for You?
Choosing between Green Title and Strata Title depends on your lifestyle and investment goals:
- If you prefer full control and privacy, a Green Title property may be the best fit.
- If you enjoy low-maintenance living with access to shared amenities, Strata Title is a great option.
Get Expert Advice on Property Settlement
Understanding property ownership structures is essential to making an informed decision. At RG Settlements, we provide expert legal guidance on Green Title and Strata Title settlements, ensuring a seamless property transaction.
Need help deciding which property type suits your needs? Contact RG Settlements today for expert property advice.
Planning a property settlement in WA?
Get a settlement quote from RG Settlements for your purchase, sale or property transfer.
Breaking Down the Costs of Buying Property in WA
Published by RG Settlements. Our Victoria Park team provides property settlement and conveyancing services for buyers, sellers and property owners across Perth and Western Australia.
Archive note: This article was originally published on the date shown. Rules, eligibility criteria and market conditions may have changed; confirm current requirements before acting.
Buying property in Western Australia is an exciting milestone, but understanding the associated costs is essential for a smooth transaction. At RG Settlements, we help buyers navigate the financial aspects of property purchases with expert legal guidance.
Key Costs to Consider When Buying Property
1. Deposit
- Buyers typically need 5-20% of the property price as an upfront deposit.
- A higher deposit can help secure better mortgage terms and lower interest rates.
2. Stamp Duty
- One of the largest expenses, stamp duty is a tax applied to property transactions.
- The amount varies based on the property value and buyer eligibility for concessions.
- We assist in calculating your stamp duty obligations and exploring potential exemptions.
3. Legal and Settlement Fees
- These fees cover conveyancing and settlement processes, ensuring a legally sound transaction.
- Professional legal guidance ensures that contracts, titles, and financial documents are correctly handled.
4. Property Inspections
- Building and pest inspections safeguard buyers from hidden structural or pest-related issues.
- Investing in thorough inspections can prevent costly repairs post-purchase.
5. Mortgage Fees and Loan Costs
- Banks and lenders impose various fees, including application, valuation, and ongoing service fees.
- Understanding these costs in advance helps buyers plan their finances more effectively.
How RG Settlements Can Assist You
Navigating the costs of buying property in WA can be overwhelming, but our team ensures a seamless process by providing:
- Expert legal guidance on settlement and conveyancing.
- Personalized advice on financing options and property-related expenses.
- Comprehensive support from initial consultation to property handover.
Planning to buy property in WA? Contact RG Settlements today for expert legal and settlement services.
Planning a property settlement in WA?
Get a settlement quote from RG Settlements for your purchase, sale or property transfer.
Keys, Codes, and Clean Slates: Understanding Possession at Settlement
Published by RG Settlements. Our Victoria Park team provides property settlement and conveyancing services for buyers, sellers and property owners across Perth and Western Australia.
Archive note: This article was originally published on the date shown. Rules, eligibility criteria and market conditions may have changed; confirm current requirements before acting.
Ensuring a smooth property settlement requires careful attention to possession details. At RG Settlements, we guide buyers and sellers through the legal aspects of property handover to ensure a seamless transition.
Key Considerations for Possession at Settlement
1. Vacant Possession Requirements
- Upon settlement, the seller must vacate the property unless otherwise agreed.
- All personal belongings, vehicles, and rubbish must be removed before handover.
- Only the chattels included in the sale contract should remain on the property.
2. Seller Occupancy After Settlement
- If the seller is living in the property, they are entitled to stay until noon the day after settlement.
- Any damage or maintenance issues arising during this period remain the seller’s responsibility.
3. Handling Tenanted Properties
- Buyers should review any existing tenancy agreements before purchase.
- If the property is under a fixed-term lease, the tenant’s rights continue post-settlement.
- For a periodic tenancy, a landlord generally gives at least 60 days’ notice without grounds. The 30-day sale ground applies when the property has been sold and the sale contract requires vacant possession, using Form 1C. A sale does not itself end a fixed-term tenancy. Check the lease, legal grounds and service requirements before promising vacant possession.
4. Legal Support for Possession Issues
- If a seller fails to vacate the property as agreed, legal action may be necessary.
- Buyers should seek legal assistance to enforce their right to possession.
Ensuring a Smooth Settlement Process
Understanding the legalities of property possession ensures a stress-free transition. Whether buying or selling, clear agreements and legal guidance can prevent disputes and delays.
Need expert legal support for property settlements? Contact RG Settlements today for professional legal assistance.
Tenancy notice information corrected 7 September 2026. Source: Consumer Protection WA — landlord ending a tenancy.
Planning a property settlement in WA?
Get a settlement quote from RG Settlements for your purchase, sale or property transfer.
Pre-Settlement Inspections: What You Need to Know
Published by RG Settlements. Our Victoria Park team provides property settlement and conveyancing services for buyers, sellers and property owners across Perth and Western Australia.
Archive note: This article was originally published on the date shown. Rules, eligibility criteria and market conditions may have changed; confirm current requirements before acting.
Before finalizing your property purchase, conducting a pre-settlement inspection is crucial to ensure the property meets your expectations and contract conditions. At RG Settlements, we help buyers navigate this final step with confidence.
Essential Pre-Settlement Inspection Checklist
1. Inspect Every Detail
- Check fixtures, fittings, walls, and flooring for any unexpected damage.
- Ensure that any appliances and built-in features included in the sale are in working order.
2. Confirm Repairs Have Been Completed
- If the contract requires the seller to make specific repairs, verify they have been properly completed before settlement.
- Take note of any outstanding issues and discuss them with your legal representative.
3. Test Utilities and Appliances
- Check that electricity, gas, and water services are connected and functional.
- Test appliances, lights, taps, air conditioning, and any included systems to ensure they work as expected.
4. Examine Outdoor Areas and Gardens
- Inspect any irrigation systems, fencing, and landscaping to ensure they are in the agreed-upon condition.
- If the property includes a pool, check that the filtration system and safety features are compliant and operational.
5. Conduct the Final Inspection Within Five Business Days of Settlement
- The pre-settlement inspection should be scheduled within five business days of settlement to allow time for resolving any last-minute issues.
- If major problems arise, your solicitor or conveyancer can advise on potential legal remedies.
Why Choose RG Settlements for Property Settlements?
- Expert legal guidance to ensure your rights are protected.
- Thorough contract review to confirm seller obligations are met.
- Proactive problem-solving to address any last-minute property concerns.
Need assistance with your property settlement? Contact RG Settlements today for expert legal advice.
Planning a property settlement in WA?
Get a settlement quote from RG Settlements for your purchase, sale or property transfer.
Essential Questions to Ask Before Buying a Property
Published by RG Settlements. Our Victoria Park team provides property settlement and conveyancing services for buyers, sellers and property owners across Perth and Western Australia.
Archive note: This article was originally published on the date shown. Rules, eligibility criteria and market conditions may have changed; confirm current requirements before acting.
Purchasing a property is a significant financial investment, and asking the right questions can help you make an informed decision. At RG Settlements, we guide buyers through the legal complexities of property transactions to ensure a smooth and transparent process.
Key Questions to Ask Your Local Government Before Buying
1. Sewer and Power Connections
- Is the property connected to sewer and underground power?
- If not, what are the costs and responsibilities for connection?
2. Zoning Regulations
- What is the zoning classification of the property?
- Are there restrictions on the type or density of development allowed?
3. Planning Restrictions
- Are there any planning restrictions that may affect renovations or new constructions?
- Are there any heritage overlays or environmental regulations to be aware of?
4. Proposed Developments in the Area
- Are there any upcoming developments that could impact property value or lifestyle?
- Are there any infrastructure projects planned nearby?
5. Outstanding Orders and Requisitions
- Are there any outstanding health orders or regulatory notices attached to the property?
- Does the property comply with swimming pool safety regulations?
6. Compliance with Building Approvals
- Have all structures and additions been legally approved by the local council?
- Are there any unapproved modifications that may require retrospective approvals?
7. Renovation and Expansion Approvals
- Are there any restrictions on renovations or extensions?
- Does the property require special approvals due to heritage or environmental factors?
Why Choose RG Settlements for Property Transactions?
- Expert legal review of contracts, zoning laws, and property approvals.
- Comprehensive due diligence to uncover potential risks.
- Legal representation to ensure a seamless property settlement process.
Have questions about your property purchase? Contact RG Settlements today for expert legal advice.
Planning a property settlement in WA?
Get a settlement quote from RG Settlements for your purchase, sale or property transfer.
Understanding the Offer & Acceptance (O&A) Process: What Every Buyer Needs to Know
Published by RG Settlements. Our Victoria Park team provides property settlement and conveyancing services for buyers, sellers and property owners across Perth and Western Australia.
Archive note: This article was originally published on the date shown. Rules, eligibility criteria and market conditions may have changed; confirm current requirements before acting.
Finalizing a property purchase starts with the Offer & Acceptance (O&A) contract, but ensuring it aligns with your needs requires careful planning. At RG Settlements, we provide expert legal guidance to help you navigate the complexities of property transactions.
Key Considerations Before Signing an O&A Contract
1. Understanding the O&A Process
- Once a buyer expresses interest in a property, the seller’s agent presents an O&A contract for signing.
- If you require modifications or special conditions, consult a property lawyer before signing to ensure your interests are protected.
2. No Cooling-Off Period – Proceed with Caution
- Unlike some states, Western Australia does not have a cooling-off period for property purchases.
- Once both parties sign the O&A contract, it becomes legally binding.
- Failing to meet contract terms could lead to legal disputes or financial penalties.
3. The Buyer’s Responsibility – Know Your Rights
- Real estate agents represent the seller, not the buyer.
- Buyers should carefully review all contract terms, and if necessary, amend clauses before signing.
- If any terms do not align with your requirements, cross them out and negotiate new conditions.
4. Legal Review Before Signing
- Buyers should seek legal advice before signing an O&A contract.
- Ensure that any specific requests, conditions, or amendments are properly included in writing.
- A professional legal review can prevent costly mistakes and ensure a smooth transaction.
How RG Settlements Can Assist You
- Expert contract review to safeguard your legal interests.
- Assistance in drafting special conditions to align with your property goals.
- Legal representation to ensure compliance with all property laws and regulations.
Planning to buy a property? Contact RG Settlements today for expert legal advice on O&A contracts and property settlements.
Planning a property settlement in WA?
Get a settlement quote from RG Settlements for your purchase, sale or property transfer.
Your Guide to Buying a New Home
Published by RG Settlements. Our Victoria Park team provides property settlement and conveyancing services for buyers, sellers and property owners across Perth and Western Australia.
Archive note: This article was originally published on the date shown. Rules, eligibility criteria and market conditions may have changed; confirm current requirements before acting.
Looking at purchasing a new home?
Here are the steps you’ll need to take.
Step 1: Make an Offer
You’ve found the perfect property, so now it’s time to make an offer. The seller may counter the offer, kicking off negotiations. If the seller accepts your offer, you’ll sign a binding contract (subject to any conditions).
In Western Australia, there is no cooling-off period. Make sure you’re happy with the house before you sign the paperwork!
When submitting your offer, you’ll be asked to nominate a conveyance, lawyer, or settlement agent. That’s where you put down us.
Step 2: Obtain Finance
With an offer accepted, it’s time to obtain finance. Here, you have two options – cash or credit.
With a contract ‘subject to finance’, you’ll need to choose a lender, the amount to borrow, and apply for the loan. The seller will state a date by which financial approval needs to happen.
While you can approach a bank on your own, I recommend engaging with a Mortgage Broker. They’ll handle all the paperwork and find the best loan option for you.
Step 3: Pre-Settlement
Once finance has been approved, it’s time for pre-settlement. This is where I really get to work on your behalf – submitting enquires to the local shire, Water Corporation, Office of State Revenue and strata companies for rates, fees and legal requirements.
I’ll also liaise with your lender to make sure that they’re prepared to complete the settlement, and with Landgate to ensure that the title changes hands.
During this stage, the banks and the buyer will need to deposit the balance of the purchase price into the trust account.
You’ll also be encouraged to complete a final inspection of the property.
Step 4: Settlement
It’s time for settlement! All required legal documentation and funds will be exchanged, including the discharge of the seller’s mortgage and transfer of land.
Step 5: Post-Settlement
Post-settlement is the final stage. You get to pick up your keys! I’ll also provide you with a final statement for your records.
? If you have some questions or concerns during this process or require a settlement agent, please can give me a call.
Planning a property settlement in WA?
Get a settlement quote from RG Settlements for your purchase, sale or property transfer.
How much money do you actually need to buy a house?
Published by RG Settlements. Our Victoria Park team provides property settlement and conveyancing services for buyers, sellers and property owners across Perth and Western Australia.
Archive note: This article was originally published on the date shown. Rules, eligibility criteria and market conditions may have changed; confirm current requirements before acting.
A recurring issue I find when I’m dealing with the settlement of a property is that people underestimate how much they need on hand to purchase a home.
Let’s break it down for you.
- Offer: You’ll need cash to place a deposit on the property when your offer is accepted. This can be anywhere from $2,000 to $20,000, depending on the asking price. This is usually a negotiable amount. This amount will later be deducted from the total sale price.
- Deposit: You’ll also require a deposit for the bank. This is usually a minimum of 10%. The more you have, the more you can likely borrow. If you want to avoid LMI (lender’s mortgage insurance), you’ll need over 20% of the purchase price available as a deposit.
- Inspection: While you don’t need to have your potential property inspected prior to purchasing, it’s a very good idea to. You’ll need to hire a professional building inspector to review the property top to bottom. Skipping this could cause a massive headache down the track.
- Settlement fees: You’re settlement agent will charge you for their services, but there’s other fees to consider as well.
- More settlement fees: Council rates, strata rates, mortgage registration, land titles and bills such as water need to be paid before the settlement is finalised. Your agent will handle all of this, but don’t be surprised if there’s an extra few grand in fees required.
- Transfer duty: WA transfer duty is assessed on dutiable property transactions. Generally, transaction records must be lodged with RevenueWA within two months of the transaction date. Payment has a separate deadline: one month after the assessment notice is issued unless a later statutory payment period applies. Conditional land, subdivision and issue-of-title agreements can have different payment periods. Duty must be paid to obtain the certificate needed to register the transfer; confirm the due date and settlement arrangements with your representative.
- Moving costs: This includes establishment fees for your utilities, the removal van and anything else you may need to get started.
Purchasing a house is no small thing! Make sure that you’re prepared for the costs involved before you dive into the process.
And make sure you have a good settlement agent, like me, lined up to walk you through the process.
Duty timing information corrected 7 September 2026. Sources: RevenueWA — duties information requirements; pay duty; conditional agreements.
Planning a property settlement in WA?
Get a settlement quote from RG Settlements for your purchase, sale or property transfer.
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