The Evolution of Electronic Settlements in Victoria

The Evolution of Electronic Settlements in Victoria

The mandatory adoption of electronic settlements, particularly through PEXA, has significantly changed the conveyancing landscape in Victoria. While it promises greater security and efficiency, it has come at a substantial cost. This article delves into the regulatory framework, costs to consumers, and why competition remains limited in Australia’s electronic settlement system.

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Federal Government's Ban on Foreign Purchases of Existing Dwellings – A Step Forward, But No Solution for Victoria's Housing Crisis

Federal Government's Ban on Foreign Purchases of Existing Dwellings – A Step Forward, But No Solution for Victoria's Housing Crisis

The Federal Government's ban on foreign purchases of existing dwellings will shift offshore investment towards new developments, but without major land-use reforms in Victoria, it will not ease Melbourne’s housing crisis. Victorian Property Settlements explains why real solutions must address migration-driven demand and planning restrictions.

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Why You Should Not Book a Settlement on a Friday!

Why You Should Not Book a Settlement on a Friday!

Fridays might seem like the perfect day to settle and move into your new property over the weekend—but in practice, they are the most failure-prone day of the week for settlements.

In this article, we explore the risks of Friday settlements, especially around long weekends, and explain why early-week settlements are your best protection against delays, penalties, and unnecessary stress. Backed by industry data and decades of practical experience, this is essential reading for all property buyers and sellers.

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Why Are You Letting Your Conveyancer Cut Corners With Your Private Information?

Why Are You Letting Your Conveyancer Cut Corners With Your Private Information?

Many conveyancers are quietly sending your personal information—including your date of birth and contact details—to private water authorities without your knowledge, simply because it's easier. At Victorian Property Settlements, we believe this is an unacceptable shortcut. In this opinion piece, David Dawn explains why we don’t compromise on data security—and why you should be asking your conveyancer exactly what they’re sharing after settlement.

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Why We’re Not Concerned About Negative Online Reviews – And Why You Shouldn’t Be Either

Why We’re Not Concerned About Negative Online Reviews – And Why You Shouldn’t Be Either

At Victorian Property Settlements, we make no apology for protecting our clients’ legal rights—even when that means issuing default notices or claiming costs from the other side. Many negative online reviews we receive are not from our clients at all, but from individuals represented by low-cost conveyancers who failed to do their job. We don’t work for free, and we won’t let our clients pay the price for someone else’s cheap choices

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What Is and What Is Not Conveyancing

What Is and What Is Not Conveyancing

Conveyancing is the legal process of transferring ownership of property from one party to another, governed by key legislation in Victoria, including the Sale of Land Act 1962 (Vic) and the Transfer of Land Act 1958 (Vic). A licensed conveyancer handles essential tasks such as preparing and reviewing contracts, conducting due diligence on the property title, coordinating settlement, and lodging documents with Land Use Victoria.

However, it's important to understand what conveyancing is not. It does not include offering financial advice, such as guidance on taxes, mortgages, or investment strategies. These services must be sought from qualified professionals in those fields, such as accountants or financial advisers. Similarly, a conveyancer is not authorised to mediate property disputes or provide building inspections.

A good conveyancer ensures that all legal requirements are met with accuracy and efficiency, while a great conveyancer goes beyond by proactively identifying potential issues and offering tailored, strategic advice. If your conveyancer is communicative, transparent, and educates you throughout the process, you are likely receiving high-quality service.

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Renting Out Property in Victoria – Understanding Minimum Standards and the 2025 Changes

Renting Out Property in Victoria – Understanding Minimum Standards and the 2025 Changes

Planning to Rent Out a Property in Victoria? Know the New 2025 Compliance Standards

If you're buying property in Victoria with the intention to lease it, make sure it meets the legal minimum standards under the Residential Tenancies Regulations 2021. From October 2025, all rental homes will also require ceiling insulation, efficient heating and cooling, draught-sealing, and modern appliances. Many older or strata-titled properties may be non-compliant due to structural or Owners Corporation restrictions. At Victorian Property Settlements, we review contracts and assess compliance risks before you buy. Avoid costly mistakes—speak with David Dawn, Licensed Conveyancer, for expert advice and tailored due diligence.

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Why Home Sellers in Victoria Should Not Use a Sellers Advocate

A sellers advocate is a person who is hired by a home seller to represent their interests during the sale of their property. They are typically former real estate agents who have turned to the advocacy side of the business.

There are a number of reasons why home sellers in Victoria should not use a sellers advocate.

1. They are not legally required to act in your best interests.

Unlike real estate agents, sellers advocates are not legally required to act in your best interests. This means that they can put their own interests ahead of yours, such as by recommending a real estate agent who will pay them the highest commission.

2. They may not have the experience or knowledge to properly represent you.

Many sellers advocates are former real estate agents who have only been in the business for a short period of time. They may not have the experience or knowledge to properly represent you in the complex and ever-changing real estate market.

3. They can be expensive.

Sellers advocates typically charge a fee of 1-2% of the sale price of your property. This can add up to a significant amount of money, especially if your property is worth a lot of money.

4. They can create conflict with your real estate agent.

Sellers advocates and real estate agents often have different goals. Sellers advocates want to get the highest possible price for your property, while real estate agents want to get the property sold as quickly as possible. This can create conflict between the two parties, which can make the selling process more difficult.

5. You can do it yourself.

There is no need to use a sellers advocate. You can do everything yourself, including finding a real estate agent, setting a price, and negotiating offers. This will save you money and give you more control over the selling process.

If you are considering using a sellers advocate, I urge you to reconsider. There are many reasons why you should not use one. Instead, I recommend that you do your research and find a reputable real estate agent who will work hard to get you the best possible price for your property.

Here are some additional tips for home sellers in Victoria:

  • Get multiple appraisals from different real estate agents. This will give you a good idea of the market value of your property.

  • Set a realistic price for your property. Don't overprice it, or you may scare away potential buyers.

  • Stage your property to make it look its best. This will attract more buyers and help you get a higher price.

  • Be prepared to negotiate. Buyers will often try to negotiate the price of your property. Be prepared to compromise in order to get a deal done.

By following these tips, you can sell your home for the best possible price without using a sellers advocate.