NSW Settlement Timeline

New South Wales Settlement Deadlines:
Exchange to Keys

NSW defaults to a 42-day (6-week) settlement period with a 5 business day cooling-off window. Section 66W certificates allow purchasers to waive cooling-off, common in competitive markets and mandatory for auction purchases. Strata searches for apartments can take 5 to 10 business days.

42Day Settlement
5Day Cooling-Off
47Steps Mapped
Key documentContract for Sale of Land
Cooling-off period5 business days
Withdrawal penalty0.25% of the purchase price
PEXAUsed for the majority of residential settlements

Related Resources

Read the full New South Wales settlement guide →47-Step Settlement Playbook →Why settlements fall over in Australia →Victoria settlement timeline →Queensland settlement timeline →South Australia settlement timeline →