AU Australia property term

Settlement Statement

Western Australia

Plain-English definition

A statement showing the money due at settlement, including the purchase balance, deposits, rates, taxes and other agreed adjustments.

Why this matters to a foreign buyer

Compare the statement with the contract, loan, duty assessment and source invoices before authorising settlement. Query unexplained fees, duplicated amounts and incorrect adjustment dates promptly.

Learn the WA buying process

For step-by-step Perth and WA guides, visit Property Learning Hub.