Business
Melbourne property market under a cloud amid on-site inspection ban – The New Daily
From auctions to open inspections, new restrictions in Melbourne – set to be enforced at 11.59pm on Wednesday – will shake up the city’s real estate market.
On-site auctions and inspections will be banned in Melbourne for at least six weeks on Thursday as part of new Stage 4 restrictions.
Melburnians will still be able to inspect and bid for properties online, but agents are concerned many will put off their plans until the bans are lifted.
And many are unsure how they will hand over keys to buyers and help tenants move into their rental properties less than 24 hours before restrictions are introduced.
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