Sell your water allocation

Water allocations are assets separate from land, with their own registrable title. You can only sell your water allocation if your water plan allows it.

Follow these steps to sell your water allocation.

Step 1: Confirm you can sell

Before you trade in the water market, you need to check:

  1. the water entitlement viewer to confirm you hold a water allocation allowing you to take water
  2. if you have sufficient water to sell
  3. if your water supply is supplemented or unsupplemented.

If you are still unsure on whether you hold a supplemented or unsupplemented water allocation, contact us.

Step 2: Decide how you sell

To trade in the water market, you can sell your water allocation permanently, temporarily (seasonal water assignment) or by leasing.

If you are trading in the Border Rivers catchment and plan to sell interstate, learn about interstate water trading.

Step 3: Check the rules

Your sale will be assessed against the trading rules based on:

  • your water plan
  • whether your water allocation is supplemented or unsupplemented
  • how you sell your water allocation.

Contact us or your water supply scheme operator to understand the rules and requirements that apply to you.

Step 4: Find a buyer

To find a buyer, you can either:

  1. conduct your own research to find a suitable buyer
  2. hire a water broker.

When finding a buyer, you should negotiate, decide and agree on:

  • the amount of water you are selling
  • the sale price for the water
  • if the location of the water allocation needs to be changed—you must complete additional steps.

You can review the weighted averaged sale prices of recent water allocation sales to help you determine a fair price for the water allocation you are selling.

Step 5: Finalise your sale

It is recommended that you and your buyer have an agreement in place for the sale of the water allocation.

To finalise the sale, you'll need to complete and submit the required forms and notify the relevant authority. Application fees will apply when submitting and finalising your water trade.

Find out more about how to sell your mortgaged water allocation.

Complete the steps relevant to your type of water allocation sale.

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