Cooling-Off Period Calculator (Australia)

Find the exact last day you can cool off a contract in Australia. Cooling-off periods are counted in business days from the date of contract or signing. Rules differ by state and contract type — this calculator handles property purchases, door-to-door sales, and life insurance.

Heads up: Cooling-off does not apply to auction purchases, contracts signed at the seller's place of business, or where you have waived your rights via a Section 66W certificate (NSW) or equivalent. Always confirm with your solicitor or conveyancer.
Cooling-off deadline:

Property cooling-off periods by state

State / TerritoryCooling-off periodCounted asNotes
NSW5 business daysBusiness daysCan be waived via s66W certificate. Forfeit 0.25% of purchase price if used.
VIC3 business daysBusiness daysForfeit $100 or 0.2% of purchase price (whichever greater).
QLD5 business daysBusiness daysForfeit 0.25% of purchase price.
SA2 clear business daysClear business days"Clear" means full business days, excluding date received.
WANone (statutory)No statutory cooling-off period for residential property. Use contract conditions instead.
TASNone (statutory)No statutory cooling-off period for residential property.
ACT5 business daysBusiness daysForfeit 0.25% of purchase price.
NT4 business daysBusiness daysForfeit small statutory amount.

Cooling-off periods do not apply to property purchased at auction or in the 3 business days before/after an auction in most states.

When cooling-off does NOT apply

Door-to-door and unsolicited consumer sales

Under the Australian Consumer Law (ACL), any unsolicited consumer agreement worth more than $100 has a 10 business day cooling-off period. This covers:

The 10 business days run from the day after the agreement is signed. You can terminate by giving written notice during this period.

Insurance cooling-off

Under the Insurance Contracts Act 1984 and Australian Securities and Investments Commission (ASIC) rules:

You can cancel and receive a full refund of premiums, provided you have not made a claim during the cooling-off period.

Confirm your business days

Use the Business Days Calculator to count exactly how many business days fall between two dates, accounting for Australian public holidays.

Open Business Days Calculator

Frequently asked questions

How long is the cooling-off period for property in NSW?
5 business days from the date the contract was exchanged, under the Conveyancing Act 1919 (NSW). The cooling-off period can be waived or shortened by a Section 66W certificate.
Does Western Australia have a cooling-off period for property?
No. WA does not have a statutory cooling-off period for residential property purchases. Buyers typically make offers subject to finance approval, building inspection, and pest inspection as contract conditions instead.
Is the cooling-off period in business days or calendar days?
Property cooling-off periods are counted in business days, excluding weekends and public holidays. Door-to-door cooling-off under the Australian Consumer Law is 10 business days. Insurance cooling-off is typically 14 calendar days.
How do I cool off a property contract?
Give written notice to the seller or their agent before the cooling-off period ends. In NSW, VIC, QLD, ACT and NT you will forfeit a small percentage of the purchase price (typically 0.2-0.25%). The deposit is returned less that forfeit amount.
Can the seller refuse my cooling-off notice?
No — cooling-off is a statutory right. If properly served within the period, the seller must release you from the contract. You will, however, lose the small statutory forfeit amount in most states.

Official sources

This calculator and guide are general information only and not legal advice. Cooling-off rules vary by state, contract type and circumstance. For tailored advice, contact your state consumer protection authority or a solicitor.

Related calculators