Starting August 1, the Sellers Disclosure Statement has become mandatory when selling any property. If you plan to sell your property, you’re now required by law to complete and present this statement to potential buyers.

This new requirement is designed to promote transparency and build trust in property transactions. If a seller fails to provide this statement, buyers can void the contract at any time up to the settlement date. It’s crucial to get it right.

The Sellers Disclosure Statement covers essential topics, including:

  • Seller and Property Details -This indicates the seller’s name and pertinent property information.
  • Address and Lot-on-Plan Descriptions – Necessary for properties under community titles schemes.
  • Registered Encumbrances – Full disclosure of any existing encumbrances on the property is mandatory.
  • Residential Tenancy or Rooming Agreements – Any agreements established within the last 12 months need to be included.
  • Land Use, Planning, and Environmental Matters – This involves sharing vital information about zoning, developmental plans, environmental concerns, and heritage matters.
  • Building and Compliance – Details relating to swimming pool safety compliance, any construction completed under owner-builder permits in the last six years, and any relevant enforcement notices must be disclosed.
  • Rates and Services – All applicable council rates and water service charges (excluding consumption).

We would recommend that you work with your solicitor to complete these forms. Their expertise will help ensure everything is accurately completed, giving you peace of mind.

Over the last few months, the property market has slowed. Notably, the number of properties sold has decreased alongside a softening in the price range. In Ascot, Hamilton, Hendra, Clayfield, Kalinga, and Wooloowin, the total number of properties sold was 279 in the two months of May and June, as compared to 407 in the two months of April and May, reflecting a decrease of 31.45%.  In July, realestate.com.au reported that Ascot sold prices were down 11% compared to their asking price.

This May–June dip appears tied to ongoing inflation pressures, affordability challenges, and buyer uncertainty surrounding the federal election. Reports indicate falling interest rates, still tight property supply, and continued interstate migration contribute to a rebound in buyer confidence. We have witnessed the increase in buyer confidence with the recent sales of Morgan Street, Ascot, Central Avenue, Sherwood, and Alexandra Road, Clayfield.  In August, we will bring several 2-bed, 2-bath apartments to market – an ideal home or investment, a cottage in Auchenflower, and several rental properties.  Watch out for the stunning Yabba Street home.

Whether you’re interested in buying, selling, or investing, we offer expert guidance and steadfast support. Let’s journey through the property market together.

er.

Amanda Butler
Principal
0438 767 439
[email protected]

In our Clients words

We had the pleasure of working with Amanda from Butler+Co Estate Agents to sell our unit, and we couldn’t be more impressed with her professionalism and efficiency. From start to finish, she ensured everything was streamlined and hassle-free.

Amanda kept us well-informed with regular updates. The marketing strategy was spot-on, and the open houses were well-organized. Thanks to her expertise, we sold the unit quickly and for a great price. We highly recommend Butler+Co Estate Agents!

D + S, Tangalooma

SALE

6 Trochus Place, Tangalooma
For Sale

2 Trochus Place, Tangalooma
For Sale

77 Casuarina Court, South Stradbroke
For Sale

42 Rosewood Street, Bardon
$2,250,000 – $2,350,000

138 Bonney Avenue, Clayfield
For Sale

SOLD

Central Avenue, Sherwood

Morgan Street, Ascot

  • 4 bed, 3 bath, 2 car
  • Luxurious Hamptons-style living
  • Sold Off Market

LEASE

3/17 Moynihan Street, Ascot

37 Goble Street, Hendra

    • 4 bed, 2 bath, 1 car
    • Available 25 August 2025 – 10 February 2026 ONLY
    • Low-set family home
    • $750 per week

Thinking of selling, leasing, investing or buying?

Let us help you make your next move.

We’d love to catch up with you to discuss all your real estate needs.

Get in Touch!

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