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Property settlement

Property Settlement Lawyers Sydney

When a relationship ends, everything you own and owe together needs to be divided: the house, savings, super, cars, a business, and the debts. There is no automatic 50/50 split. What is fair depends on what each of you put in and what each of you will need. We help you get a fair result and make it final.

How we can help

Our property settlement lawyers can help you with

  • Working out what is in the property pool
  • Deciding who keeps the family home
  • Dividing superannuation
  • Valuing a business or investments
  • Negotiating a fair split and making it legally binding
  • Time limits for making a claim

Where you may be now

Will I keep the house? Is it 50/50? What about my super?

These are the questions almost everyone asks first. The honest answer is that it depends: on how long you were together, what each of you brought in and contributed along the way, whether you care for the children, and what each of you will need in the future.

What we can promise is a clear answer for your situation, early. We will explain what is likely to be fair, what the other side may argue, and how to get there without losing time and money.

It also matters to get it right the first time. Once property orders are made, they are very hard to change. There is no second go because an asset turned out to be worth more than you thought.

How the law works

The framework the court now applies

Property settlement for married couples is governed by section 79 of the Family Law Act 1975 (Cth), and for de facto couples by the equivalent provisions in Part VIIIAB. From 10 June 2025, the Act sets out the process in express terms. In short, the court:

  1. Identifies the property and liabilities of both parties: existing legal and equitable rights, in whatever name they are held.
  2. Considers contributions
    Financial contributions (income, capital brought in, gifts and inheritances), non-financial contributions (improvements, work in a business) and contributions to the welfare of the family, including as homemaker and parent. The effect of family violence on a party's ability to contribute is now an express consideration.
  3. Considers current and future circumstances
    Age, health, income and earning capacity, care of children, the need to provide housing for children, and the economic effect of any family violence. Material wastage of assets and the circumstances in which debts were incurred are also relevant.
  4. Makes an order only if it is just and equitable to do so, in all the circumstances.

The Act also now contains the duty of full and frank financial disclosure, which begins before proceedings and continues until the matter is finalised. And companion animals are treated as a distinct category, with specific factors for deciding who keeps a family pet.

Formalising an agreed settlement
Consent ordersBinding financial agreement
Made byThe court, on agreed termsThe parties, by private contract
Court scrutinyRegistrar must find the terms just and equitableNo review of fairness at signing
Legal adviceRecommendedIndependent advice mandatory for each party
PrivacyFiled with the courtPrivate document
Challenge laterLimited groundsLimited grounds, but a technical defect can be fatal
Best forMost settlementsWhere privacy or flexibility is critical

What we look out for

Where settlements go wrong, and how we prevent it

Missing assets
Everything either of you owns counts, in anyone's name, including super, shares, cars, money in a family business or trust, and property overseas. We check nothing has been left out.

Wrong values
A house, a business or an investment is only worth what a proper valuation says. We get independent valuations and test the other side's numbers.

Forgetting your contributions
Money you had before the relationship, an inheritance, gifts from your parents, years spent raising the children: all of these count, and all need to be explained clearly.

Tax surprises
Two settlements that look the same on paper can leave you very differently off after tax. We make sure you understand what you are really receiving.

Money disappearing
If there is a risk the other side will sell, spend or move money before the settlement, the court can step in quickly to stop it.

If your separation involves a family business, a trust or several properties, see business and complex property.

How we help

A clear plan, then a fair deal

We do not open with a demand. We open with an accurate picture of the asset pool, built from the documents, and a realistic range for the outcome. That range drives everything that follows.

Most of our property matters resolve by agreement (through correspondence, a round-table conference or mediation) and are formalised in consent orders. Where the other side will not engage, or disclosure is incomplete, we issue proceedings promptly and use the court's powers to compel it. Throughout, you receive a costs estimate for each stage and a clear explanation of the risk and reward of each decision.

For related matters, see our pages on high net worth divorce, spousal maintenance and family mediation and arbitration.

Last reviewed 27 September 2026 · General information only, not legal advice

The process

How a property settlement unfolds

Most settlements follow four stages. The second, disclosure and valuation, is where value is usually won or lost.
  1. Advice & strategy

    We review your circumstances, identify the likely asset pool and give you an early view of a realistic range.

  2. Disclosure & valuation

    Both parties exchange financial documents. Experts value businesses, property and interests in trusts where needed.

  3. Negotiation

    Offers, a settlement conference or mediation, informed by the evidence rather than by assertion.

  4. Orders

    Agreement is formalised by consent orders or a binding financial agreement. If agreement fails, we issue proceedings.

Costs

How our fees work

You will know how your matter is being charged before any work begins, and you will not be surprised by an invoice.

Every engagement starts with a written costs disclosure, as the Legal Profession Uniform Law requires. It sets out how we charge, an estimate of total costs, the variables that could change that estimate, and your rights to negotiate and to receive itemised bills. If the estimate changes materially, we tell you in writing before the work is done.

Where a stage of the work can be scoped (a binding financial agreement, a consent orders package, a will and estate plan), we will usually offer a fixed fee for that stage. Where the other side’s conduct drives the work, as it often does in litigation, we charge on a time basis against a clear budget and report against it.

Barristers, valuers, forensic accountants and other experts are engaged only with your approval, and their costs are quoted separately. Your first 30-minute consultation is free.

Frequently asked

Property Settlement: your questions answered

Is property split 50/50 in a divorce in Australia?

No. There is no presumption of an equal split. The court looks at the net asset pool, each party's financial and non-financial contributions (including homemaking and parenting), and each party's future circumstances such as income, health, age and care of children. Outcomes vary widely depending on those facts.

What changed in family law property settlement in June 2025?

Amendments that commenced on 10 June 2025 wrote the steps the courts already followed into the Family Law Act. They also made the economic effect of family violence an express consideration, added factors such as wastage of assets and the need to house children, introduced specific rules for companion animals, and put the duty of full financial disclosure into the Act itself.

What is included in the asset pool?

Generally everything either of you owns, in any name, wherever it is, and whenever it was acquired, including real estate, shares, businesses, superannuation, and in many cases the assets of a trust one of you controls. Liabilities are deducted. Assets acquired before the relationship or after separation are included, though how they were acquired can affect the division.

Is superannuation included in a property settlement?

Yes. Superannuation is treated as property that can be split between the parties by court order or agreement. The split does not usually give either party access to cash: the amount stays in the super system until a condition of release is met.

How is a business valued in a divorce?

Usually by an independent expert, often a single expert jointly instructed by both parties. Common methods include capitalising future maintainable earnings or valuing the net assets. Owner salary, add-backs, goodwill that depends on one person, and loan accounts all need careful analysis.

What are consent orders?

Consent orders are orders made by the court on terms you and your former partner have agreed. They are filed with an application and reviewed by a registrar, who must be satisfied they are just and equitable. Once made, they are binding and enforceable, and they can provide for tax and duty-effective transfers.

How long do I have to apply for a property settlement?

Married couples must apply within 12 months of the divorce order taking effect. De facto couples must apply within two years of separating. Outside those limits, the court's permission is required.

What if my spouse is hiding assets?

Both parties have a duty to give full and frank disclosure, and that duty is now set out in the Family Law Act. Where disclosure is inadequate, we use subpoenas, forensic accountants and court orders to obtain documents. Non-disclosure can lead to adverse findings, costs orders and, in serious cases, orders being set aside later.

Consultation

The first conversation may be the most important one you have this year.

Your first 30-minute consultation is free.

Telephone
02 9145 5266
Office
St James Trust Building, 185 Elizabeth Street
Opposite Hyde Park
Hours
Monday to Friday, 9.00am to 5.30pm. Online enquiries welcome 24/7.

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