Have you thought about investing in property North of the border in Queensland? Or maybe you’re a Queenslander looking at property in New South Wales?
When we’re not fighting over State of Origin, QLD and NSW generally get along quite well, with a lot of people crossing the border for various reasons fairly regularly.
However no matter how well we get along, it’s worth doing some research into the differences between the two states when it comes to the purchasing of property and the exchanging of property contracts.
Check out our video guides below for the major differences between the two states.
New South Wales key points:
- 5 day cooling off period (usually)
- Unless sale is at auction or using form 66W both of which, waive this period.
Queensland key points:
- 7 day cooling off period (usually)
- Extra 7 days to provide seller with finance and organise building inspections.
If you want to find out more about anything you’ve seen here or would just like a chat then drop us a line hello@peasy.com.au or call 1800 3 Peasy (73279).