What Is a Section 32 in Victoria?Everything Buyers Need to Know

If you’re buying property in Victoria you’ll
hear the term “Section 32” constantly. Here’s
exactly what it is, what it contains, and
why reading it carefully could save you from
a very expensive mistake.

What Is a Section 32?

A Section 32 — formally called a Vendor’s
Statement — is a legal document that Victorian
property sellers must provide to buyers before
a contract of sale is signed.

It’s named after Section 32 of the Sale of
Land Act 1962 (Vic), which requires vendors
to disclose specific information about the
property.

The purpose is simple: to give buyers the
information they need to make an informed
decision before committing to a purchase.

What Must Be Included in a Section 32?

A Section 32 must include:

Title and ownership details

  • Certificate of title showing who owns
    the property
  • Any mortgages, caveats, or encumbrances
    on the title

Planning information

  • Current zoning of the property
  • Any planning overlays affecting the land
  • Heritage or environmental overlays

Outgoings

  • Council rates
  • Water rates
  • Owners corporation fees (if applicable)

Services

  • Whether the property is connected to
    mains water, sewerage, gas, and electricity

Building permits

  • Any building permits issued in the last
    7 years
  • Owner Builder Warranty Insurance if
    applicable

Owners corporation information

  • OC certificate if the property is part
    of an owners corporation
  • Rules, financial statements, and
    meeting minutes

Other disclosures

  • Any notices from government authorities
  • Road or public acquisition notices
  • Owners corporation insurance details

What Isn’t Covered?

Section 32 does not cover the physical
condition of the property. It won’t tell
you about:

  • Structural defects
  • Pest infestations
  • Roof condition
  • Plumbing or electrical issues

For these you need an independent building
and pest inspection — always get one.

How Long Do You Have to Review It?

In Victoria there is no mandatory cooling-off
period for properties sold at auction. For
private sales, buyers have a 3 business day
cooling-off period after signing the contract.

This is why reviewing the Section 32
thoroughly before signing — ideally with
your conveyancer — is so important.

Red Flags to Look For

Watch for these warning signs in a Section 32:

  • Caveats or mortgages on the title that
    haven’t been released
  • Unresolved building permits suggesting
    unapproved works
  • Planning overlays that restrict what you
    can do with the property
  • High owners corporation fees or pending
    special levies
  • Government acquisition notices — meaning
    the government may compulsorily acquire
    part of the land
  • Missing or incomplete information — a
    seller’s obligation is to disclose, and
    gaps should raise questions

Do I Need a Conveyancer to Review It?

Yes — always. A Section 32 is a legal document
and the consequences of missing something
can be severe. A licensed Victorian conveyancer
will review the Section 32 as part of their
standard service and flag anything unusual.

Conveyancing fees in Victoria typically range
from $1,500 to $3,000 for a standard
residential purchase — money extremely well
spent on a $500K+ transaction.

What Happens If the Section 32 Is Defective?

If a Section 32 contains false or misleading
information, or fails to include required
disclosures, buyers may have the right to
rescind the contract. However this is a
complex legal area — always get advice
from your conveyancer if you have concerns.

Next Steps

Once you’ve reviewed the Section 32 with
your conveyancer, make sure you also:

  • Get an independent building and pest
    inspection
  • Review the owners corporation documents
    carefully if buying a strata property
  • Confirm your finance is approved before
    making an offer

Disclaimer: This article is for general
informational purposes only and does not
constitute legal advice. Always engage a
licensed Victorian conveyancer or solicitor
before signing any property contract.