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Victoria will force home sellers to reveal their reserve price. Will other states follow?

  • Written by Jian Liang, Senior Lecturer in Property Economics, Queensland University of Technology
Potential home buyers attending a property auction outside a home.

If you’ve ever tried to buy a home at auction, you know how frustrating it can be to show up thinking you can afford a particular property, only for it to sell for far more than the advertised price.

Now, the Victorian government wants to make this experience a thing of the past. Under new laws to be introduced into state parliament next...

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