The Victorian government’s significant changes to land tax regulations in 2024 have resulted in increased bills for many property owners. The threshold for land tax has been drastically reduced, and new surcharges have been introduced, impacting the overall tax burden. Understanding these changes is crucial for property owners to navigate […]
At eConvey, we believe in empowering our clients with knowledge. One of the key aspects of property transactions in Victoria is the cooling-off period. Let’s delve into what it means and how it works. What is the Cooling-off Period? In Victoria, the cooling-off period is a specific timeframe during which a […]
Settlement delays in property transactions are a frequent occurrence that can disrupt the expectations of buyers, sellers, and agents alike. While everyone eagerly anticipates the settlement day, various factors can lead to unforeseen delays, impacting the timely transfer of funds and possession of the property. Understanding the common causes of […]
Understanding your options for terminating a signed contract is crucial, especially in real estate transactions. If you’ve signed a contract for a property purchase, there are several avenues available to you for withdrawal, including the cooling-off period, which allows buyers a brief window to reconsider their decision. This article outlines […]
In the competitive real estate market, a solid understanding of a property’s price and location is simply not enough when planning to make an offer. The process involves a lot of complexities that need professional guidance. At eConvey, we often encounter clients questioning if they should engage a conveyancer even […]
Introduction Auctions are a popular method of buying and selling property in Victoria . They offer a transparent and competitive environment where buyers can bid for properties in real-time. However, the auction process is governed by a stringent set of legal requirements that both buyers and sellers must adhere to. […]