Conveyancers in Victoria

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Conveyancers in Victoria

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How Conveyancing Works in Victoria

Victorian conveyancing is governed by the Sale of Land Act 1962. Before a property can be sold, the vendor must prepare a Section 32 Statement (vendor statement) disclosing everything a buyer needs to know about the property — title details, planning zones, outgoings, building permits, and any owner-builder work. Buyers have a 3 business day cooling-off period after signing the contract (not applicable at auction), during which they can withdraw by paying a 0.2% penalty. Settlement in Victoria is typically 30 to 90 days and is handled electronically through PEXA. Your conveyancer reviews the Section 32, negotiates special conditions, arranges searches, liaises with your lender, and ensures the property title transfers correctly on settlement day.

Who can convey
Licensed conveyancers or solicitors. Conveyancers are regulated by the Business Licensing Authority under the Conveyancers Act 2006 (Vic).
Key document
Section 32 Vendor Statement — the seller must provide this before a buyer signs the contract, disclosing title details, planning information, outgoings, and building permits
Cooling-off period
3 business days for residential purchases (does not apply at auction)
Typical fees
$700 to $1,400 for a standard residential transaction
What is a Section 32 vendor statement?

A Section 32 is a legal document that the seller must provide before a buyer signs a contract of sale in Victoria. It discloses key information about the property including title details, planning zone, any easements or covenants, outgoings like council and water rates, building permits issued in the last 7 years, and whether any owner-builder work was done. Your conveyancer will review this document carefully before you commit to a purchase.

How much does conveyancing cost in Victoria?

Conveyancing fees in Victoria typically range from $700 to $1,400 plus GST for a standard residential purchase or sale. Disbursements — the searches and certificates your conveyancer orders — usually add $200 to $500 on top. Many Victorian conveyancers offer fixed-fee pricing so you know the total cost upfront.

What is the cooling-off period in Victoria?

Buyers in Victoria have 3 business days to cool off after signing a contract of sale. You can withdraw during this period by paying a penalty of 0.2% of the purchase price. The cooling-off period does not apply to auction purchases, properties over 20 hectares used for farming, or where the buyer has previously signed a Section 31 certificate waiving their right.

Do I need a conveyancer to sell property in Victoria?

While not legally required, using a conveyancer or solicitor is strongly recommended. The seller is legally obligated to prepare a Section 32 vendor statement, and errors or omissions can give the buyer grounds to rescind the contract. A conveyancer ensures your vendor statement is compliant and handles the settlement process on your behalf.

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