Your questions
answered.

Barony's current go-to-market structure uses up to 20 co-owners under ASIC's small-scale offering exemption. Most listings on Barony are structured for 6–12 co-owners, keeping the group manageable and decision-making practical.

The number of co-owners directly determines the entry price per share — a $1,200,000 property with 12 co-owners costs $100,000 per share.

Not necessarily. Barony lets you approach co-ownership in two ways: bring people you already know (friends, family, colleagues), or connect with other Barony members through our community board who share your investment criteria.

If you're co-investing with people you don't already know, we strongly recommend taking time to understand each other's financial position, investment horizon, and expectations before committing — and making sure all of this is covered in your Co-Ownership Agreement.

Browsing and setting up a profile on Barony is free. A $500 Barony platform fee applies when you confirm your interest in a specific share. This covers listing coordination and platform support.

You'll also need to budget for your own conveyancing costs, stamp duty on your share of the property, and any legal costs for reviewing your Co-Ownership Agreement. These vary by property and state.

A Co-Ownership Agreement (COA) is a private contract between all co-owners that governs how the property is managed, how costs are shared, how decisions are made, and what happens when someone wants to exit.

It is separate from the Certificate of Title and is not lodged with any government body — it is a private legal agreement between the parties.

You absolutely need one. Without a COA, disputes are resolved by the default rules of the Property Law Act — which may not reflect what you and your co-owners actually agreed.

At minimum, a well-drafted COA should address:

Ownership and contributions — each co-owner's share percentage and their financial contributions to purchase, stamp duty, and legal costs.

Use of the property — whether it's rented, used as a holiday home, or occupied by one or more owners, and on what terms.

Ongoing costs — how rates, insurance, maintenance, and property management fees are shared and collected.

Decision-making — what decisions require unanimous agreement vs simple majority, and how disputes are handled.

Exit and transfer — right of first refusal for remaining co-owners, process for selling a share, and what happens if someone defaults.

This is one of the most important things your Co-Ownership Agreement needs to address. A well-drafted COA should specify a default process — written notice, a cure period, and then escalating remedies including the ability for remaining co-owners to apply for a court-ordered partition or sale under the Property Law Act 1958 (Vic).

Barony CoHome's governance platform helps track contributions and flag defaults early, giving co-owners visibility before problems escalate.

Yes — but it's more complex than a standard home loan. TiC financing in Australia typically works in one of two ways:

Individual loans: each co-owner obtains their own mortgage secured against their share only. Not all lenders offer this product, and those that do may apply more conservative lending criteria.

Joint mortgage: all co-owners jointly borrow against the whole property. This is simpler to arrange but means each co-owner is jointly and severally liable for the full debt — a significant consideration.

The availability and structure of TiC financing is evolving in Australia. Some specialist lenders and mortgage brokers now have specific TiC home loan products.

In Victoria, stamp duty (land transfer duty) is calculated on the dutiable value of your interest — which is generally proportional to your share of the total purchase price. So if you buy a 1/8 share of an $800,000 property, duty is calculated on $100,000, not $800,000.

This is one of the significant advantages of TiC co-ownership — the stamp duty burden is shared proportionally between co-owners at the point of purchase.

Rental income is distributed proportionally to each co-owner's TiC interest. If you hold a 1/8 share, you receive 1/8 of the net rental income after deducting property management fees, maintenance costs, and shared expenses.

Barony CoHome manages this distribution digitally — tracking income, allocating costs, and providing each co-owner with a clear statement of their share.

Each co-owner declares their proportional rental income in their own individual tax return. You should obtain advice from your accountant on how to treat this income.

As a Tenant in Common, you have the legal right to sell your share at any time — you do not need the consent of your co-owners to sell. However, your Co-Ownership Agreement will typically include a right of first refusal, which means you must first offer your share to the existing co-owners before selling to a third party.

Barony operates a secondary market where you can list your share for sale directly to other Barony members — providing a ready pool of potential buyers for your interest.

This is one of the most important questions to resolve in your Co-Ownership Agreement before you buy. A well-drafted COA will specify what majority is required to approve a whole-of-property sale — typically unanimous consent or a supermajority (e.g. 75% of interests).

Under the Property Law Act 1958 (Vic), any co-owner can apply to the Supreme Court for an order for partition or sale if co-owners cannot agree. This is a remedy of last resort and can be costly and time-consuming.

Your best protection is a clear, well-drafted COA that everyone signs before settlement.

Unlike joint tenancy (where a share automatically passes to the surviving owner), a Tenants in Common share does not automatically transfer on death. It forms part of the deceased co-owner's estate and passes according to their will, or intestacy rules if there is no will.

This means the deceased's share may pass to their heirs — who may not wish to remain co-owners. Your COA should address this scenario, including whether remaining co-owners have a right to purchase the inherited share.

No. Barony is a property co-ownership matching and marketplace platform. We connect people who want to buy property together, and list properties available for TiC co-ownership.

Barony does not pool investor funds, does not hold money on behalf of co-owners, does not manage property (Barony CoHome is a separate software product), and does not provide financial or legal advice.

All co-ownership arrangements are made directly between buyers, with the assistance of their own independent legal and financial advisors.

Barony is currently active in Victoria, with listings across the Mornington Peninsula, Melbourne Metro, and Regional Victoria. We are expanding to other Australian states and are watching international co-ownership markets closely.

Yes — if you're a real estate agent or vendor with a property suitable for co-ownership, we'd love to hear from you. Barony connects your listing with a growing community of co-investors ready to buy together.