Victoria · Greater Geelong
Buying a strata apartment in Geelong 3220
What to check before you bid on a unit or townhouse in Geelong, under Victoria rules. Search a full address for a free building report.
Search an address in GeelongStrata law
Owners Corporations Act 2006
Seller must disclose
The vendor's s 32 statement must include an owners corporation certificate with fees, special levies and pending proceedings.
Cooling-off
3 business days (not after auction); greater of $100 or 0.2% forfeit.
Records to request
Check the owners corporation certificate date and request recent AGM minutes and the maintenance plan.
Six checks before you bid in Geelong
- Read the last three years of AGM minutes for defects, disputes and repeated repairs.
- Compare the capital works / sinking fund balance with the forecast under the Owners Corporations Act 2006.
- Look for special levies already raised or proposed — they usually pass to the buyer.
- Check building insurance is current and covers the full replacement value.
- Ask about combustible cladding, waterproofing and any building-defect claims.
- Run the contract through a clause check before cooling-off ends.
Other VIC suburb guides
General information on state rules, not legal advice. Confirm current requirements with your conveyancer.