Property taxes, especially land tax and the Vacant Residential Land Tax (VRLT), are getting a lot of attention in the Victorian property market right now. And it’s not just about money. These changes tie into bigger conversations about housing availability, housing affordability, and what responsibilities come with owning land in Victoria. The VRLT is a good example. It originally applied only to empty homes, but now it also covers undeveloped or unused land in certain areas.

From 21 October 2024, Victoria expanded the off-the-plan duty concession to include all off-the-plan residential properties, removing previous price restrictions.

In January 2024, Victorian property law underwent a significant change with the introduction of a new regulation banning land tax adjustments between buyers and sellers during property transactions.

At Shepherd Property Lawyers, we believe in providing clear, transparent pricing for all our legal services. That’s why we offer fixed price legal fees, which will be outlined and agreed upon with you before we begin any work. With a fixed price, you know exactly what you’re paying for—no surprise bills, no hidden fees. We understand that legal matters can be stressful enough, so we make sure you can focus on what matters most, without worrying about costs. Our fixed price mo