Due Diligence
noundue dil·i·gencepronounced DYOO DIL-ih-jəns
Last reviewed 16 April 2026
What does the noun Due Diligence mean?
The process of investigating a property before buying it, including building inspections, pest inspections, contract reviews, strata reports, and title searches. These costs are incurred before purchase and are not refundable if you decide not to proceed.
How the noun Due Diligence is used
Budget at least $1,500 for due diligence costs like building inspections, pest reports, and strata searches before you commit to a purchase.
Synonyms
pre-purchase investigation
Related words
Cite this entry
MLA citation: "Due Diligence." How to Property, 16 Apr. 2026, https://howtoproperty.com.au/definitions/due-diligence. Accessed 29 May 2026.
Chicago citation: How to Property. "Due Diligence." Last modified April 16, 2026. https://howtoproperty.com.au/definitions/due-diligence.
APA citation: How to Property. (2026, April 16). Due Diligence. https://howtoproperty.com.au/definitions/due-diligence