Victoria is rolling out big new rental rules from November 2025. Landlords must give tenants at least 90 days’ notice to vacate (up from 60) and can no longer evict without a genuine reason. Agents and owners can’t accept rental offers above the advertised price, and tenants may no longer pay more than one month’s rent in advance. Every rental must meet all minimum standards (safety, sanitation, etc.) before it’s advertised. Even the rent-review process is being tightened – officials will now consider past increases and any new improvements when deciding if a rent hike is fair. These extra rules (plus rising land tax and new levies) are putting more pressure on landlords and property managers.

Source

Key changes from Nov 2025:

• 90-day notice period: Landlords must give tenants at least 90 days’ notice to end a lease, not 60.
  
  

• “No reason” eviction ban: A genuine reason is now required for any lease termination.
  
  

• No above-asking offers: Agents can’t accept rent offers higher than the listed price.
  
  

• Max one-month prepayment: Tenants may not pay more than one month’s rent up front.
  
  

• Property standards check: Every rental home must meet basic standards before being advertised.
  
  

• Stricter rent reviews: New rules will closely examine rent hikes against previous rents and upgrades.

Market shifts bring fresh opportunities for well-prepared buyers

These reforms are intended to protect tenants, but they also raise the cost and complexity of investing. Many long-term “mum and dad” landlords – who bought at market peaks – are already feeling the pinch. A recent survey found a record 16.7% of property investors sold a home in 2025, up from 12% in 2023. In Victoria alone, about 30% of investors sold, driven by higher land taxes, vacancy levies and compliance costs. As one expert put it, many investors now say it’s “no longer worth the risk or the cost” to hold property under these new rules.

This investor sell‑off has a silver lining for buyers. With more homes on the market, buyers have more choices. Some sellers are keen to move quickly and may drop their prices, giving buyers more room to negotiate. At the same time, fewer rental homes mean more tenants are competing, which pushes rents higher. Overall, the market is changing, and buyers who plan early can really benefit.

What this means for new buyers:

• More choice, less competition: In hot markets like Victoria and Queensland, roughly 30–35% of investors recently sold up. That floods the market with extra listings – many that owner-occupiers and first-home buyers can now snag.
  

• Higher rental returns: With fewer rental homes available, more tenants are competing for each property. This pushes rents higher, so new investors can earn better rental income.

• Stronger negotiation power: Some sellers who bought when prices were high now want to sell fast. This gives buyers more room to negotiate and get a better deal.

At Prowealth Properties, our buyer’s agents track these trends closely. We see today’s rental reforms as an opportunity for savvy buyers. Ready to take advantage? Give us a call on +61 433 853 248 or book a free consultation to talk about your goals. Our team will explain how much you can borrow and help you find the best loan options for today’s market.