Sale Price Disclosure Laws Victoria 2026: New Rules for Real Estate Agents

The 2026-27 Victorian Budget, handed down on 5 May 2026, includes a property market reform that will require real estate agents to publish actual sale prices after settlement. This article walks through what the Budget Overview says, what is already in place under the existing underquoting rule, and where the Budget is silent. Citations are to page 16 of the Budget Overview, the only page where this reform is described.

What the 2026-27 Budget announced

The Budget Overview lists the sale price disclosure measure under housing reform. The document confirms the Victorian Government will introduce legislation requiring real estate agents to publish the sale price of homes after settlement (Budget Overview p.16). It sits alongside the existing underquoting reform and the announced shift of pre-purchase building and pest inspection costs from buyers to sellers. No other Budget measure touches on agent disclosure rules.

The current rule: agents publish the seller’s reserve before auction

The Budget Overview describes underquoting reform as already delivered. Real estate agents must publish the seller’s reserve price before an auction (Budget Overview p.16). This is the existing rule and it remains in place. It is enforced under Victorian property law and overseen by Consumer Affairs Victoria. The 2026-27 Budget does not amend the reserve price requirement and does not announce new penalties for underquoting. For background on the broader reform package, see our Victorian Budget 2026-27 property guide.

The new rule: agents will publish actual sale prices after settlement

The new measure announced in the Budget Overview requires real estate agents to publish the sale price of homes after settlement (Budget Overview p.16). The Budget Overview frames it as a step that builds on the existing underquoting crackdown. The Budget Papers do not specify the format of the disclosure, the platform or portal used, or whether the rule will distinguish between auction and private sale results. Those details will sit in the Bill once it is introduced to Parliament. The Budget Overview is the only Budget document that describes the measure.

How this fits with the existing underquoting crackdown

The Budget Overview groups the two measures together. The reserve price rule is described as already delivered; the sale price rule is described as legislation to come. Both are framed as part of a property fairness package alongside the seller-paid pre-purchase inspection reform (Budget Overview p.16). The Budget does not state how the two disclosure rules interact, or whether they will be administered under the same Act. Watch the Bill once introduced for that detail.

Timing: legislation flagged for “later this year”

The Budget Overview states the Victorian Government will introduce the sale price legislation “later this year” (Budget Overview p.16). The phrase “later this year” is the only timing indicator in the Budget Papers. The Budget does not specify a Bill name, an introduction date, a commencement date, transitional arrangements, or a penalty regime for non-compliance. Buyers, sellers and agents looking for those details should track Consumer Affairs Victoria announcements and the Victorian Parliament’s Bills page for updates as the legislation is drafted and introduced.

What this means for buyers comparing recent sales

The Budget Overview describes a rule that will require agents to publish the sale price of homes after settlement (Budget Overview p.16). The Budget Papers do not state the publication format, the timing window, or the level of detail required. Today, recent sales information is generally available through listing portals where agents have entered results. The Budget reform is described as making this disclosure a legal requirement once the Bill is passed. Anything beyond the Budget wording is not yet on the public record.

What this means for sellers and agents

For sellers and agents, the Budget Overview confirms that legislation will require agents to publish actual sale prices after settlement (Budget Overview p.16). The Budget does not set out reporting timelines, exempt categories of sale, or consequences of non-disclosure. Agents should monitor Consumer Affairs Victoria and the relevant Bill for operational detail. This reform sits alongside the seller-paid pre-purchase inspection measure also announced in the Budget Overview, covered in our building and pest inspection guide.

Frequently asked questions

Will real estate agents have to publish actual sale prices in Victoria? Yes. The 2026-27 Budget Overview states that the Victorian Government will introduce legislation requiring real estate agents to publish the sale price of homes after settlement (Budget Overview p.16). The Bill has not yet been introduced.

When does the sale price disclosure rule start? The Budget Overview flags the legislation for “later this year” (Budget Overview p.16). No exact commencement date, Bill name, or introduction date is published in the Budget Papers. Track Consumer Affairs Victoria for updates.

What is the underquoting reform in Victoria? The Budget Overview describes the underquoting crackdown as already delivered. Real estate agents must publish the seller’s reserve price before an auction (Budget Overview p.16). The 2026-27 Budget does not change this requirement.

Where can I find recent sale prices for properties in Victoria today? For sales that have already settled, agents typically publish sale data on listing portals. The new Budget measure is described as formalising disclosure into a legal requirement once the Bill is passed (Budget Overview p.16). Detail on format and timing is not in the Budget Papers.

Does this rule apply to private sales as well as auctions? The Budget Overview describes the requirement as agents publishing the sale price of homes after settlement (Budget Overview p.16). It does not distinguish between private sales and auctions. Finer scope detail will sit in the Bill once introduced.

Working through a sale or purchase under the new rules?

Tick Box Conveyancing handles residential sales and purchases across Victoria, including auction and private sale matters where these disclosure rules will apply once legislated. Get in touch for a fixed quote or to talk through how the Budget reforms interact with your timeline. See our house conveyancing service, grab an instant quote, or contact us.

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This article summarises the Victorian Budget 2026-27 as published on 5 May 2026. It is general information, not legal advice. For matters specific to your transaction, contact Tick Box Conveyancing.