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Explore sales of land for overdue rates and charges published across 0 councils in Tasmania (TAS), with the state capital in Hobart. Data from official sources, updated daily.
An insolvency sale happens when a company or individual becomes insolvent and an external practitioner — a liquidator or voluntary administrator for a company, or a trustee in bankruptcy for an individual — is appointed under the Corporations Act 2001 or the Bankruptcy Act 1966 to sell the assets and pay creditors. Unlike a rate sale or mortgagee auction, the terms of sale are set by the practitioner case by case, acting in the creditors' interests.
Updated daily from official sources · 2026
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Rate sales in Tasmaniaappear here as they're published. Turn on free alerts to be the first to know.
Turn on alertsOnce appointed, the practitioner identifies the assets of the company or bankrupt estate, obtains valuations where needed, and decides how to sell — public auction, expressions of interest, or private treaty. The reserve and terms are set in the creditors' interests, with no fixed statutory formula. Interested buyers usually deal directly with the practitioner (or their agent) to obtain the information memorandum, inspect, and lodge an offer with the required deposit. On acceptance, the sale completes and any real-property transfer is registered at the Land Titles Office.
A company goes into liquidation or voluntary administration, or an individual becomes bankrupt — voluntarily or on application. An external practitioner is appointed to take control of the assets.
The practitioner identifies the assets in the company or bankrupt estate — real property, vehicles, plant and equipment, and other interests — and obtains valuations where appropriate.
Acting in the creditors' interests, the practitioner decides how to sell (public auction, expressions of interest, or private treaty) and sets the reserve and terms. There is no fixed statutory formula.
The appointment and the sale are recorded on the official registers — ASIC for companies and AFSA for bankruptcies — and the assets are advertised for sale.
Interested buyers contact the practitioner or their agent for the information memorandum, title details, security interests, inspection access, and the specific terms of sale.
Depending on the method, buyers bid at auction, submit an expression of interest, or make a private-treaty offer, together with the deposit the practitioner requires.
The practitioner accepts the best offer consistent with the creditors' interests. The balance of the price and the contract are settled directly with the practitioner.
Once paid, the sale completes. Any real-property transfer is registered at the Land Titles Office, and handover of the asset is arranged with the practitioner.
Investor tip
Deal directly with the appointed practitioner or the agent named in the notice — there is no court running the process day to day. Check whether the matter covers a single asset or several lots, and confirm the title position, mortgages, and security interests (including any PPSR registrations over goods) before you offer.
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