Melbourne sellers publish reserve prices early, boost buyer confidence ahead of October (australia) — SMH
SMH ·australia ·1 hour ago

Melbourne sellers publish reserve prices early, boost buyer confidence ahead of October

Some Melbourne home sellers are voluntarily publishing reserve prices before auctions ahead of Victoria's October 16 mandatory disclosure requirement. Vendors like Graeme Pollock say transparent reserves encourage genuine bidders and prevent disappointed buyers from overpaying inspection costs. Early adopters report successful sales, with agents noting the practice eliminates auction-day surprises and builds buyer confidence in the process.

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Published 15 Oct 2026, 18:00 UTC · Updated 15 Oct 2026, 18:11 UTC

Summary by OZbrief Editorial. Original report: SMH. Editorial policy · Corrections