What Happens When a Property Fails a Building and Pest Inspection?
A building and pest inspection can uncover problems that are difficult to identify during an open home. Structural movement, roof damage, moisture, termites, unsafe renovations and drainage issues can all affect the cost and risk of purchasing a property. A failed or unsatisfactory inspection does not necessarily mean you should walk away. The outcome depends […]
New Victorian Auction Rules: Published Reserves and Sold Prices
From 16 October 2026, Victorian agents must publish the reserve at least 7 days before an auction or fixed date sale, or the sale cannot proceed. Sale prices must also be published within 7 days of an unconditional sale.
NSW Underquoting Laws From 17 November 2026: What Buyers Need to Know
From 17 November 2026, agent ads for NSW residential sales must show a price or range that cannot sit below the estimated selling price, the top registered bid at a passed in auction, or a written offer rejected for being too low. A Statement of Information follows on 8 February 2027.
Commercial vs Residential Property: What Changes for Investors
Commercial tenants are businesses, leases are usually longer and the tenant often pays many running costs, but vacancies can take longer to fill. GST, depreciation, finance and management also work differently from residential property.
Strata Title vs Torrens Title: What Investors Should Know
Strata title means you own your lot and share common property through an owners corporation. A freestanding Torrens title home means you own the land and building with no shared levies. It affects costs, control and checks.
How to Buy Commercial Property in Australia: Step by Step
Start with a written brief and budget, choose an asset type, find a property on or off market, then check the building, lease and tenant. Your lawyer checks GST and duty, your broker arranges finance, and the contract moves to settlement.
Negative Gearing Changes From 1 July 2027: What Investors Buying Now Need to Know
From 1 July 2027, losses on established residential properties bought after 7:30pm AEST on 12 May 2026 can only offset residential property income. Earlier purchases are grandfathered until sold and new builds keep negative gearing.
Victoria’s Commercial and Industrial Property Tax (CIPT) Explained for Investors
Victoria’s commercial and industrial property tax (CIPT) began on 1 July 2024. A qualifying property enters through an entry transaction, where the buyer pays stamp duty one last time. Ten years later an annual tax of 1% of site value applies.
Buying a Property With Existing Tenants: What Investors Need to Know
Buying a property with existing tenants can give investors an immediate rental income stream. It may also reduce the time and costs associated with finding a new tenant. However, an occupied property comes with existing agreements, responsibilities and potential risks. Before making an offer, investors need to understand the current lease, verify the rental income […]
What Is a Section 32 Vendor Statement, and What Should Buyers Check?
Buying property in Victoria involves more than inspecting a home and negotiating the price. Before signing a contract of sale, buyers should understand the property’s legal details, financial obligations and any restrictions that could affect how they use it. One of the most important documents to review is the Section 32 vendor statement, also known […]