How is property divided after separation in Victoria?
There's no fixed 50/50 rule for dividing property after a separation in Victoria. The law looks at each couple's circumstances and aims for a division that is "just and equitable".
What generally gets considered
- The total asset pool — property, savings, super, debts
- What each person contributed, financially and non-financially (including caring for children)
- Each person's future needs — income, health, care of children
It applies to de facto couples too
Property division isn't only for married couples. De facto partners can also have property matters dealt with under family law, subject to certain requirements.
Most matters settle without a trial
Many property settlements are resolved through negotiation or mediation and formalised in consent orders or a binding financial agreement — not a courtroom battle.
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Post your matter — freeIs property split 50/50 in Victoria?
Do de facto couples get property settlements?
This article is general information only and is not legal advice. For advice about your situation, post your matter and a matched Victorian law firm can help.