How Long Does Buying Really Take?
From your first inspection to settlement day — understand every stage of the buying process so nothing catches you off guard.
1. Searching
You browse listings and shortlist properties; your buyer's agent sources off-market options too.
You: browse listings, shortlist properties, and refine what you're looking for.
Your agent: sources off-market options and alerts you to new listings before they go public.
2. Inspecting
You attend home opens and inspections; your agent helps evaluate each property against your must-haves.
You: attend home opens and inspections, and compare properties against your must-haves.
Your agent: evaluates each property's value, potential issues, and whether it's worth pursuing.
3. Making an Offer
You submit an offer, which the seller can accept, reject, or negotiate.
You: decide your offer price and any conditions you want to include.
Your agent: negotiates with the seller's agent to secure the best possible price and terms.
4. Contract
Once your offer is accepted, the contract becomes binding once conditions (finance, building/pest inspection) are met, usually within 1–3 weeks.
You: sign the contract and arrange any conditions (e.g., finance approval, building inspection).
Your agent: manages the paperwork and liaises with the seller's side to keep things moving.
5. Settlement
Your conveyancer handles title checks and paperwork, funds transfer, and you receive the keys on settlement day.
You: receive the keys and take ownership of your new home.
Your agent/conveyancer: handles the legal transfer, title checks, funds, and final paperwork.
Typical total: around 6–12 weeks from accepted offer to settlement, though it can move faster or slower depending on your finance and what's agreed in the contract.