Real estate auctions will be able to go ahead from midnight on Wednesday after Victoria announced on Monday morning that it would begin loosening restrictions.
Auctions will be limited to 10 people, plus the minimum amount of people required to facilitate the sale and those selling the house.
The same eased restrictions will apply to open for inspections, and real estate agents will be required to take the name and phone number of each visitor to make it easier to contact trace.
Auctions have been banned since March, when restrictions began. The lack of auctions has seen buyer activity plummet in Melbourne, with online auctions struggling to replace their in-person counterparts.
Victoria now joins NSW, Western Australia, Queensland and South Australia in announcing the easing of auction bans.
Source: www.domain.com.au
Melbourne and Darwin’s housing markets are finally heating up after sitting out the boom, with Darwin prices jumping 11 per cent and Melbourne hitting a new all-time high. Two of Australia’s quieter housing markets are now showing clear signs of recovery. Melbourne and Darwin, both late to join the upswing, … Read more
From Hamptons elegance to farmhouse luxe, this tool can help you create your ideal home style with no interior designer required. When it comes to styling your home, whether new or established, the design possibilities are almost endless. But if you don’t have the budget for an interior designer, it can be … Read more