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: https://www.domain.com.au
This is our best February result recorded, driven largely by a record result in New South Wales and very strong performances across all markets. In Australia alone, we recorded $3.35 billion in total sales, up 42 per cent on the prior February. Real full article: Ray White Now – March Edition
The year 2021 has kicked off with continuing gusto – record-breaking buyer metrics, such as loan pre-approvals, open for inspection numbers, registered auction bidders, online enquiries and so on. These metrics continue to give us confidence the current extraordinary momentum will endure well into 2021, especially as our central bank … Read more