Melbourne’s property market awakens from long winter slumber…
Selling agents right across Melbourne are expecting a massive short-term boost to the local property market with home inspections booked solid from Monday 28th September onwards after the ban on inspections was eased on Sunday 27th September 2020.
Many selling agents were taking phone calls from the Sunday afternoon when Premier Daniel Andrews started easing restrictions to allow one-on-one property inspections, which had been banned for the past 8 weeks under stage four lock-down restrictions.
Within minutes of the announcement, some selling agents even reported they were receiving calls from buyers and vendors – some stuck in limbo, looking to move on. and begin their buying and selling journeys again.
Finally, in our opinion it is far too early to be making any bold predictions at this point in time, in terms of which direction the Melbourne property market will take. Just remember the Melbourne property market has just re-opened. But, give it a few weeks and we should have some sort of indication of the ‘state of play’ as Melbourne will be deep into Spring.
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