You can apply for Property Settlement Consent Orders any time after separation, however it is important to realise there are time limits within which you must apply, so don’t leave it too long.
For married couples, they must finalise their property settlement within 12 months of the date of divorce.
For de facto couples, they have 2 years from the date of separation to apply to the Court for orders to formalise property settlement.
If you do not lodge an application within the time limit it may mean losing your right to claim for binding property settlement orders.