AUS LIVING

VICTORIA · FREE GUIDE · CHECKED 6 OCTOBER 2026

Before the offer,
check the gaps.

A useful first sequence for a Victorian residential purchase. Work with your own conveyancer, lender and qualified inspectors before a binding decision.

By Hugo Tran · AUS Living.

Two October dates matter.

FROM 1 OCTOBER 2026

Other residential sales

The Property Price Statement replaces the Statement of Information for relevant sales other than auctions and fixed-date sales from this date.

FROM 16 OCTOBER 2026

Auctions and fixed-date sales

The Property Price Statement applies to auctions and fixed-date sales held on or from this date. The new auction rules also commence then, including reserve publication at least seven days before auction.

Ask about your actual sale

Check the sale type, event date, current price statement and applicable exceptions with the agent and CAV. A form or advertised guide does not establish the property's value.

Read CAV’s detailed effective dates and price-statement guidance

Prepare before signing or bidding

  1. Confirm your comfortable budget. Record the purchase and ownership costs, lender conditions and a buffer. A pre-approval is conditional.
  2. Review the contract and vendor statement. Give the complete documents to your conveyancer or solicitor; understand conditions, deadlines, deposit and the obligations you accept.
  3. Check the property and its setting. Use CAV’s due diligence checklist for planning, hazards, restrictions and other relevant questions. Obtain appropriate building, pest and strata/owners corporation checks.
  4. Understand the sale method. Auctions can bind you immediately; do not assume you will have ordinary cooling-off rights. Obtain advice before the event.
  5. Check comfort and running costs. Ask about orientation, ventilation, damp, insulation and ongoing maintenance. A design feature is not a professional condition or energy assessment.
  6. Protect the handover. Confirm settlement requirements with your legal adviser. Verify payment instructions through an established independent contact channel.
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Official starting points

This guide applies to the stated Victorian context. It is general information and does not review your transaction, certify a property or provide legal, financial or building advice. Contact or correct a source.