17/10/2026
Auction reserve prices are going public. But does that mean buying property in Melbourne is about to get easier?
Victoria's new auction rules are bringing greater transparency to the property market, with vendors now required to disclose their reserve price at least seven days before auction.
It's a welcome change for buyers who have spent time and money pursuing properties only to discover the seller's expectations were well above the advertised price.
But there's an important distinction: knowing what a vendor wants doesn't necessarily tell you what a property is worth.
In our latest blog, we explore the new rules, how they could change Melbourne auctions and why understanding true market value still matters.
Read our latest blog on our website:
https://www.turleyproperty.com.au/blog/victorias-new-auction-reserve-rules