23/09/2026
"How long will this actually take?" is the question we get asked more than any other and it's a good one to ask early.
For a straightforward residential purchase, most settlements happen 30 to 60 days after the contract is signed. That's the general range but your actual timeline depends on a few things: how quickly your finance gets approved, whether there are special conditions in the contract and how fast documents move between both sides' solicitors and the bank.
Auction sales tend to move faster, sometimes as little as 14 days. Off the plan purchases can take much longer, sometimes months or years, depending on construction progress.
If you've got a specific date in mind, whether that's tying in with a lease ending or a sale of your own property, let us know us upfront. We can flag anything that might push settlement out and help you plan around it, rather finding out too late.
When you are looking for expert advice for your upcoming purchase or sale, be sure to reach out to the team at Ferrier and Co. With offices in Toowoomba and Roma, we have you covered!