21/09/2026
NEW AUCTION RULES!
From October 2026, new requirements will apply around:
🏡 Reserve price disclosure
📋 The new Property Price Statement
💰 Sold price transparency
🔎 Comparable property information
Swipe through to see what’s changing and what buyers and sellers need to know.
The 7-Day Rule
Statement of Information —> Property Price Statement
What’s included in the Property Price Statement?
Greater Clarity Around Reserve & Sold Price
Sale Price Stamped on Property Price Statement Once Unconditional
What Does This Mean For Vendors?
7 Day Standard Needs To Be Met For Each Price Change
Visit: https://www.consumer.vic.gov.au
For Further Information
