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Metropolitan Melbourne and Mitchell Shire returned to Stage 3 Restrictions. What does this mean for real estate?

During the lockdown earlier in the year, the real estate industry was very effective in devising ways to continuing to provide a safe, effective service. People are allowed to leave their homes for the purposes of inspecting real estate – whether that’s to buy or rent.

Despite the circumstances, people are still buying and selling homes and leasing and renting homes. From March to June, during restrictions, Barry Plant sold 2,172 homes and rented out 2,795 properties.

At Barry Plant, we have the processes in place that keep your safety top of mind. We can also provide you with alternative ways to inspect properties if you don’t wish to attend in person.

The latest lockdown commenced at 11:59pm on the 8th of July and is for a period of six weeks. Here are the current rules around personal inspections and Auctions:

Inspections within a restricted area

All inspections are by private appointment only and only one person plus the agent is allowed in the property at a time. The owners or tenants of the property won’t be present, having left the premises for one of the four permitted reasons. We’ll require everyone to sanitise their hands before entering the property and to not touch any surfaces in the property. We’ll need your name and contact details too.

No public Auctions in restricted areas

Auctions are online only in restricted areas. Your agent will be able to help you log in to a platform if you want to bid or just observe the auction.

Inspections in Regional Victoria (not restricted)

Public open for inspections will continue with a limit of 20 people and the appropriate social distancing and density quotients.

If you live in a restricted area and want to view a property in an unrestricted area you cannot attend a public open for inspection you need to contact the agent to make a time for a private inspection.

Public Auctions in Regional Victoria (not restricted)

Auctions can continue with a maximum of 20 people and the appropriate social distancing. Only people who live in unrestricted areas can attend the public auction. If you live in a restricted area and want to bid on a property in an unrestricted area, you will only be able to participate remotely. This may be by an online bidding platform or liaising with an agent to bid over the phone or by video call.

Rest assured, we’re here to help you with all your real estate needs and we’ll continue to do so in a safe, effective manner.