On Sunday 27th September Melbournians received terrific news with some COVID-19 restrictions easing which included private inspections for real estate now a permitted activity. This is fantastic news for vendors, buyers, landlords and tenants.
However, there are strict safety requirements that must be adhered to with private inspections limited to one agent and one prospective purchaser or tenant who may be accompanied by one other person from an existing household or their partner.
The agent must confirm with the occupier of the property prior to the inspection to ensure they are not symptomatic, self-isolating or under quarantine prior to attending the property. The person who is occupying house must leave the property for the inspection for one of the four reasons under the stay at home directions during the inspection.
There are also changes coming up in lending soon, as the Federal Government last week announced they will be reviewing lending regulations with the aim to simplify the lending process. These changes will definitely have a positive impact to increasing buyer demand especially in the low interest rates environment we are currently experiencing.
Hope everyone has a great week and stay safe!
Zac Newbold – Managing Director
For further information and updates about Victorian Government Coronavirus Restrictions, please go to:
Take care fellow Victorians. Stay safe, stay healthy!
Your Australian Property lives and breathes property and knows the Melbourne Property Market! We at Your Australian Property offer comprehensive end-to-end support from identifying and analysing your selected properties to dealing with selling agents, attending property inspections, purchase negotiations and / or auction bidding on your behalf. Our Independent Buyer’s Agents in Melbourne, will take the time to understand your situation and work out what your individual needs, specific requirements and property goals are, so we can begin searching for your next property. To get in touch with us today, please complete our Enquiry Form so we can discuss your objectives and outline our process in clear and simple terms.