26/07/2026
Thinking of buying property at auction?
Once the hammer falls, the contract is generally unconditional and there is no cooling-off period. Before auction day, it is important to have the contract reviewed, arrange your finance and understand exactly what you are bidding on.
Our guide explains what to check before bidding and what happens after a successful bid. Read more:
https://conveyancing.com/information-centre/auction-day
Victorian auctions are unconditional with no cooling-off period. A buyer's guide to contract review, finance, bidding, deposit, reserves and passed-in negotiation.