Our Underquoting Taskforce attended 40 auctions over the weekend, closely monitoring compliance with new property sales laws as the sector adjusts to the new requirements.
Inspectors were at auctions in the Stonnington, Boroondara, Greater Geelong, Campaspe and Warrnambool local government areas, after monitoring sales campaigns from advertising to auction day.
New price transparency laws took effect on 1 October 2026. The changes give buyers earlier access to a seller's reserve price and greater transparency about how advertised price ranges are calculated.
Director of Consumer Affairs Victoria Nicole Rich said the taskforce's intelligence-led checks help support compliance with the new laws.
‘These reforms are still new, and we recognise that agents and sellers are adjusting to the requirements,’ Rich said.
‘Our focus is on supporting compliance with the new laws while making clear that agents are expected to meet their obligations.’
Since it began, the Underquoting Taskforce has monitored over 3,330 sales campaigns and issued over 420 official written warnings and 260 infringement notices totaling more than $3 million.
Taskforce investigations have also resulted in court action. Most recently, former Glen Waverley agency Harcourts Judd White and 3 of its former agents’ representatives are alleged to have committed multiple underquoting offences. The allegations are yet to be determined by the court.
Buyers, agents and other members of the community can report suspected underquoting to Consumer Affairs Victoria.
Find out more about underquoting and the new property sales rules.