Deposits, Settlement and Adjustments in Victorian Sales
Victorian property transactions involve more than the sale price, with deposits, trust accounts, settlement timing and adjustments all shaping the final handover.
Victorian property transactions involve more than the sale price, with deposits, trust accounts, settlement timing and adjustments all shaping the final handover.
Older Victorian rentals can offer strong appeal, but investors need to budget carefully for maintenance, compliance, comfort and realistic leasing demand.
Victorian residential buyers may have a short cooling-off right after signing, but it does not apply to auctions and several other purchase types.
November 2023 brought more auction stock to Melbourne, with clearance rates easing as buyers gained choice but remained more active than in the softer parts of 2022.