Auctions move fast—but hidden climate risks last forever. Get a full 8-hazard scan (flood, bushfire, coastal erosion, wind, storm, heat, social vulnerability, energy) and insurance cost checks in 2 minutes.
1 in 3 auction buyers regret not checking climate risk.
85% spend $0 on due diligence. Don't be one of them.
2-Minute Report No Signup From $69
Once the hammer falls, the property is yours. There is no cooling-off period. Ensure you have investigated these 8 critical areas before bidding.
Verify ownership (Torrens Title vs Strata), check for caveats, and ensure the vendor has the legal right to sell.
Crucial for identifying structural defects, termite activity, and dampness issues that aren't visible during inspection.
Check local council zoning (LEP) for development restrictions, heritage listings, or future road widening plans.
For apartments: Check the sinking fund balance, special levies, and meeting minutes for history of building disputes.
Assess flood, bushfire, extreme heat, coastal erosion, wind, storm, social vulnerability, and energy risk — all in one report delivered within 2 minutes.
Identify sewage or electrical easements that prevent you from building pools, extensions, or granny flats.
Ensure pergolas, decks, and extensions appear on the council survey. You may be liable to demolish them if not.
Have a solicitor review the contract before auction day to negotiate deposit terms or settlement periods.
Buying at auction is legally distinct from a private treaty sale. The moment the hammer falls, you are committed.
There is no "subject to finance" or "subject to inspection" clause. If your finance falls through, you lose your deposit.
Unlike standard sales, you cannot change your mind 5 days later. The sale is final on the day.
You must pay the deposit (usually 10%) immediately after signing. Ensure you have access to these funds.
Don't skip the last two steps. They save you thousands.
Technically yes, but the property becomes your risk at 5:00pm on the next business day (in some states) or immediately upon signing. It is highly recommended to have a "Certificate of Currency" or cover note ready before you bid to ensure the property is insurable.
The property is "passed in." The highest bidder usually gets the first right to negotiate with the vendor. This is a powerful position, so bidding to be the highest (even if below reserve) is a valid strategy.
Local council websites often have flood overlay maps, but they can be hard to interpret or outdated. ClimateNest aggregates historical flood data and state government overlays into a single, easy-to-read report.
This is the vendor's statement disclosing details about the land, including mortgages, covenants, easements, and zoning. It MUST be reviewed by a conveyancer before you bid.
In most Australian states (NSW, QLD, SA, ACT), you must register with the agent and provide ID to get a bidder's number. You cannot bid without this.
Get peace of mind in 2 minutes. Check the full 8-hazard climate risk and insurance estimates before you raise your paddle.
