Daily-apportioned rates, water and other outgoings between vendor and purchaser as at settlement date.
Victoria: land tax must not be apportioned or adjusted between vendor and purchaser on contracts for properties under $10 million entered into on or after 1 January 2024 (Sale of Land Act 1962). If the property is in VIC, exclude land tax from any adjustment.
VIC
NSW
QLD
SA
WA
TAS
ACT
NT
Settlement details
1 Sep 2026 · Purchaser owns settlement day
Purchaser owns day
Vendor owns day
Outgoings to apportion
3 items
Net adjustment
$0
Amount credited to purchaser at settlement
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Estimate only. Apportionment conventions (whether the purchaser or vendor owns settlement day) vary by contract and by state practice — confirm against the contract of sale. Land tax adjustment rules vary significantly by state and are subject to legislative change; the VIC prohibition above reflects the Sale of Land Act 1962 as at the time of writing and should be reconfirmed for any contract.
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