When you are buying or selling residential property in Victoria, you will sign either an unconditional contract of sale or a conditional contract of sale. An unconditional contract is legally binding immediately upon signing, meaning both parties are obligated to complete the contract by settling…

When purchasing a property, it is important to understand the ongoing costs associated with the property. These include things such as your mortgage repayments, council rates, owners corporation levies, and land tax. So what is land tax? Just as it sounds, this is a tax…