Victoria’s Property Market: What the New Price Transparency Rules Mean for Buyers and Sellers.
Victoria is introducing important changes to residential property sales and auction practices, with new rules designed to provide greater clarity and transparency around property pricing.
From 1 October 2026, new requirements will change how price information is provided during the selling process. For auctions and fixed-date sales held from 16 October 2026, additional requirements will apply.
One of the key changes is the introduction of the Property Price Statement, which will replace the current Statement of Information. Agents will also be required to publish a seller’s reserve price at least seven days before an auction or fixed-date sale.
For buyers, these changes are designed to provide clearer information when assessing and comparing properties. For sellers and agents, they introduce new responsibilities around pricing and marketing throughout a campaign.
What does this mean for buyers and sellers?
Understanding these changes will be important for anyone preparing to buy or sell property in Victoria.
At AB Real Estate Agency, we believe transparency and clear communication are an important part of every property transaction. We will continue to keep our clients informed as these changes come into effect.
Source: Consumer Affairs Victoria
Published: September 2026