Victorian Government Coronavirus Restrictions

Victorian Government Coronavirus Restrictions

Update on what’s permitted in the real estate industry as a result of Victorian Government’s Coronavirus restrictions …

  • Requirements like face coverings, curfew timings, social distancing, one person only etc. must be observed at all times
  • Your workplace includes your office, a property that you may be leasing/ selling/managing, car that you use while travelling to the workplace
  • Any individual performing the permitted work listed below must have a valid permitted worker permit at all times.
  • The permit is only applicable for the specific permitted work we have listed below. Heavy fines apply for the individual and the business so please exercise caution. 
  • Information provided here applies for all property types – residential and commercial/ industrial

METRO MELBOURNE – WHAT WORK IS PERMITTED

  1. Services required for end or start of lease
  • This can include final inspections, key collections, final cleaning and any other services directly related to the start or end of lease only. 
  • You must ensure that the requirements listed above are adhered to.
  • The tenant may move in or out of the property keeping all the requirements like face coverings, one person at a time etc. in mind
  1. Services related to completing a property settlement
  • This can include final inspections, key collections, final cleaning etc. and any other services directly related to the settlement. 
  • You must ensure that the requirements listed above are adhered to
  • The buyer may move in to the property keeping all the requirements like face coverings, one person at a time etc. in mind.
  1. All other inspections can be online only
  2. Auctions must be online only.

DURATION OF METRO MELBOURNE STAGE 4 RESTRICTIONS WILL LAST FOR A PERIOD OF SIX WEEKS APPLYING FROM 11:59PM WEDNESDAY 5TH AUGUST 2020  UNTIL 11:59PM SUNDAY 13TH SEPTEMBER 2020 

REGIONAL VICTORIA – WHAT WORK IS PERMITTED

  1. All inspections must be by private appointment only
  2. All auctions must be online only
  3. People should work from home unless they are unable to 

DURATION OF REGIONAL VICTORIA & MITCHELL SHIRE STAGE 3 RESTRICTIONS WILL LAST FOR A PERIOD OF SIX WEEKS APPLYING FROM 11:59PM WEDNESDAY 5TH AUGUST 2020  UNTIL 11:59PM SUNDAY 13TH SEPTEMBER 2020 

TRAVEL BETWEEN MELBOURNE AND REGIONAL VICTORIA

Travel from between Melbourne and Regional Victoria is only permitted for one of the reasons stated under “METRO MELBOURNE – WHAT WORK IS PERMITTED”

  • A resident of Melbourne must adhere to the Stage 4 restrictions even when they travel to Regional Victoria.
  • A resident of regional Victoria must adhere to the Stage 4 restrictions while they are in Melbourne for the permitted reasons . 
  • A buyer or tenant moving in or out of a property, may travel between the areas while meeting the requirements of Stage 4. 
  • A prospective buyer or prospective tenant cannot travel between the areas, only online inspections are permitted

For further information and updates about Victorian Government Coronavirus Restrictions, please go to:

https://www.vic.gov.au/

Take care fellow Victorians. Stay safe, stay healthy!

Your Australian Property Buyers Agents lives and breathes property and knows the Melbourne Property Market! We at Your Australian Property Buyers Agents 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.

Your Australian Property Buyers Agents is a five-star rated independent boutique Buyer’s Agency in Melbourne. Our success comes from prioritising our clients' unique needs first and consistently delivering exceptional results.​ We promise to be responsive and to truly listen to what our clients need. We're surrounded by noise in the property market – Our goal is to cut through it.

From the CBD to Melbourne’s outer suburbs, Your Australian Property Buyers Agents helps Melbourne home buyers and property investors secure the right property with independent advice, proven strategy and expert negotiation.

We don’t sell property. We don’t answer to developers. We work for you and only you.

With over 30 years of real estate industry expertise, we know what it takes to buy property seamlessly. Patience is key, but never at the compromise of confidence and our clients’ end game. We’re professional in every facet of our work, dealing with our clients with the utmost integrity and honesty.

When clients engage Your Australian Property Buyers Agents, they can expect Buyer’s Agents that are proactive and passionate. Combining a hard work ethic with passion and attention to detail, we help clients achieve their property goals with ease.

CALL​ 1300 998 688 or +61 3 8899 6327​ TO LEARN MORE ABOUT HOW WE CAN HELP YOU.

If you’re Serious about Purchasing the Right Property at the Right Price, then Working with an Expert Buyer’s Agents is the Smartest Purchasing Strategy There Is!

Simply fill out the Enquiry Form below to get Started.

Why Pay Money For Something You Can Do Yourself?

Why Pay Money For Something You Can Do Yourself?

Good question… I’ll give you 5 reasons why a good buyers’ agent will help you;

  • Their research saves you money – they know what’s really going on in the property market – after all they’re in it all day.
  • Their skills reduce your stress. Buying a home or investment property can be about as nerve-racking as it gets. It’s emotional, exhausting and sometimes terribly discouraging. A buyers’ agent’s job is to make the process as hassle free as possible for you.
  • Their experience saves you time – and this is one of your most precious assets. Using a buyers’ agent will give you back your weekends.
  • Their industry knowledge levels the playing field – selling agents are not your friend, they represent their client – the seller.
  • Their industry contacts widen your options – they have access to every property for sale and a good buyers’ agent even has access to silent – “off market sales” that you may never find out about.

Happy house hunting and buying this winter 😊😊😊

Your Australian Property Buyers Agents lives and breathes property and knows the Melbourne Property Market! We at Your Australian Property Buyers Agents 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.

Your Australian Property Buyers Agents is a five-star rated independent boutique Buyer’s Agency in Melbourne. Our success comes from prioritising our clients' unique needs first and consistently delivering exceptional results.​ We promise to be responsive and to truly listen to what our clients need. We're surrounded by noise in the property market – Our goal is to cut through it.

From the CBD to Melbourne’s outer suburbs, Your Australian Property Buyers Agents helps Melbourne home buyers and property investors secure the right property with independent advice, proven strategy and expert negotiation.

We don’t sell property. We don’t answer to developers. We work for you and only you.

With over 30 years of real estate industry expertise, we know what it takes to buy property seamlessly. Patience is key, but never at the compromise of confidence and our clients’ end game. We’re professional in every facet of our work, dealing with our clients with the utmost integrity and honesty.

When clients engage Your Australian Property Buyers Agents, they can expect Buyer’s Agents that are proactive and passionate. Combining a hard work ethic with passion and attention to detail, we help clients achieve their property goals with ease.

CALL​ 1300 998 688 or +61 3 8899 6327​ TO LEARN MORE ABOUT HOW WE CAN HELP YOU.

If you’re Serious about Purchasing the Right Property at the Right Price, then Working with an Expert Buyer’s Agents is the Smartest Purchasing Strategy There Is!

Simply fill out the Enquiry Form below to get Started.

Latest Market News – May 2020

Latest Market News – May 2020

There were 163 reported auctions held in Melbourne last weekend ending May 31, 2020 showing a clearance rate of 74% according to the REIV. At the same time last year (May 2019) there were 634 auctions with an auction clearance rate of 65%.  

A 0.9 per cent fall in house and unit values in May made the city the nation’s worst-performing capital for the second month in a row, according to property data firm CoreLogic. A combined 1.2 per cent dwelling value fall over the two months has brought the city’s median home value to $686,798 median.

It comes off the back of the city’s median home value hitting a record high just prior to the pandemic. Melbourne’s more affluent areas including the inner south and inner suburbs were the hardest hit in May, with 1.4 per cent and 1.3 per cent home value falls respectively. However they fell just 0.1% in the outer west and 0.3% on the city’s north west fringe last month.

According to research data, Melbourne has had the second worst 12-month market outlook out of all the capital cities, only behind Sydney. Falls in tourism, international students and migration will continue to impact the property market. He said median sale prices would continue to slightly decline in the next 12 months, with inner-city apartments, luxury homes and properties in university and hospitality hubs set to be the hardest hit.

In our opinion, what we are seeing today is a progressively downward price spiral of house prices which could get a whole lot worse in coming months, especially once the Federal Government’s stimulus starts tapering off and when banks stop deferring loan repayments. Limited stock plus Government support like JobKeeper and mortgage holidays from banks are the main reason why house prices have not fallen off the cliff yet. Therefore the bigger question is whether or not this momentum we’re now seeing can actually be sustained through to spring when, presumably, the government starts tapering off their financial support. 

Your Australian Property Tips #

Don’t be fooled by the higher auction clearance rates as it’s not the best yardstick to measure the performance of the Melbourne property market. Make sure you’re extremely diligent when working out a price to pay, as the last thing you want is that you end up paying too much!

Your Australian Property Wishes You A Happy House Hunting!

Your Australian Property Buyers Agents lives and breathes property and knows the Melbourne Property Market! We at Your Australian Property Buyers Agents 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.

Your Australian Property Buyers Agents is a five-star rated independent boutique Buyer’s Agency in Melbourne. Our success comes from prioritising our clients' unique needs first and consistently delivering exceptional results.​ We promise to be responsive and to truly listen to what our clients need. We're surrounded by noise in the property market – Our goal is to cut through it.

From the CBD to Melbourne’s outer suburbs, Your Australian Property Buyers Agents helps Melbourne home buyers and property investors secure the right property with independent advice, proven strategy and expert negotiation.

We don’t sell property. We don’t answer to developers. We work for you and only you.

With over 30 years of real estate industry expertise, we know what it takes to buy property seamlessly. Patience is key, but never at the compromise of confidence and our clients’ end game. We’re professional in every facet of our work, dealing with our clients with the utmost integrity and honesty.

When clients engage Your Australian Property Buyers Agents, they can expect Buyer’s Agents that are proactive and passionate. Combining a hard work ethic with passion and attention to detail, we help clients achieve their property goals with ease.

CALL​ 1300 998 688 or +61 3 8899 6327​ TO LEARN MORE ABOUT HOW WE CAN HELP YOU.

If you’re Serious about Purchasing the Right Property at the Right Price, then Working with an Expert Buyer’s Agents is the Smartest Purchasing Strategy There Is!

Simply fill out the Enquiry Form below to get Started.

Latest Market News – May 2020

Latest Market News – July 2019

There were 483 auctions held in Melbourne last weekend ending 28th July 2019 showing a clearance rate of 71% according to the REIV.  At the same time last year (June 2018) there were 714 auctions with an auction clearance rate of only 63%.  

Melbourne’s auction clearance rate of 71% suggests that the Melbourne property market’s slump over the last 12 months may be over, and new data indicates a recovery is under way. Interest rates being extremely low at present has attracted many new buyers into the property market.  As a buyer’s agent/ buyer’s advocate I have noticed a lot of people attending open for inspections. Therefore, by the RBA in cutting interest rates a few weeks ago it has certainly helped the property market in Melbourne as well as other parts of Australia by increasing demand.

However, in my opinion there are still quite a few head-winds in the broad general economy.  Retail is down and consumers aren’t spending but rather saving their hard-earned pennies.  I still do believe that it’s a buyer’s market as there’s a lot of hesitancy from buyers especially at auctions. In addition, although auction clearance rates are climbing the auction numbers compared to last year’s are still way down.  For example, generally in the winter colder months there are usually between 600 – 800 auctions every weekend.  Presently, we are at about half that number.  It will definitely be interesting what happens to the auction clearance rates when more properties start coming onto the market in the weeks ahead.  That’s where we will know whether or not the property market is healthy or not!

Your Australian Property Tips #

Don’t be fooled by the higher auction clearance rates as it’s not the best yardstick to measure the performance of the Melbourne property market. Make sure you’re extremely diligent when working out a price to pay, as the last thing you want is that you over pay!

Happy House Hunting!

Your Australian Property Buyers Agents lives and breathes property and knows the Melbourne Property Market! We at Your Australian Property Buyers Agents 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.

Your Australian Property Buyers Agents is a five-star rated independent boutique Buyer’s Agency in Melbourne. Our success comes from prioritising our clients' unique needs first and consistently delivering exceptional results.​ We promise to be responsive and to truly listen to what our clients need. We're surrounded by noise in the property market – Our goal is to cut through it.

From the CBD to Melbourne’s outer suburbs, Your Australian Property Buyers Agents helps Melbourne home buyers and property investors secure the right property with independent advice, proven strategy and expert negotiation.

We don’t sell property. We don’t answer to developers. We work for you and only you.

With over 30 years of real estate industry expertise, we know what it takes to buy property seamlessly. Patience is key, but never at the compromise of confidence and our clients’ end game. We’re professional in every facet of our work, dealing with our clients with the utmost integrity and honesty.

When clients engage Your Australian Property Buyers Agents, they can expect Buyer’s Agents that are proactive and passionate. Combining a hard work ethic with passion and attention to detail, we help clients achieve their property goals with ease.

CALL​ 1300 998 688 or +61 3 8899 6327​ TO LEARN MORE ABOUT HOW WE CAN HELP YOU.

If you’re Serious about Purchasing the Right Property at the Right Price, then Working with an Expert Buyer’s Agents is the Smartest Purchasing Strategy There Is!

Simply fill out the Enquiry Form below to get Started.

5 Reasons Why Winter Is A Great Time To Buy A Property

5 Reasons Why Winter Is A Great Time To Buy A Property

Why winter is often a great time to buy a property…

Just because it’s chilly outside, it doesn’t mean when it comes to buying or selling a home you’ll be left out in the cold. It is still possible to fetch or find a good property price in winter time.

If you’re a buyer …

  • In colder months there’s usually less people at inspections

Winter can actually be a great time for house hunting. Even though it’s considered off-season, it could mean that you can find the perfect property for a great price due to less competition.

Often fewer people at viewings comes down to one thing: the weather. We all know that on cold, rainy days many people would rather hide under the doona than assess bathrooms. Parents who are also forced to cart around bored, cranky children can often totally bypass this house hunting season, feeling it’s in the too-hard basket.

  • There are less bidders

If there are less people at inspections, that could also mean there are less people making offers and bidding at auctions.  Also, even if there are fewer properties available on the market, this could be a great advantage for you when things get serious as you’ll have less competition.

  • Real estate agents will have more time for you

With generally less to do, real estate agents will have the time to really show you around as a potential buyer. You could really benefit from their local knowledge and they might let you in on pre-market properties before they’re advertised.

  • It’s a good chance to see how a house holds up

Winter gives you an opportunity to see how a home really handles the harsher elements during an inspection. Test to see how cold it feels in the house and search for heating systems. If it’s colder than Antarctica then take a deep (chilled) breath and suss out the insulation.

Observe whether water leaks when it rains or whether cracks in the windows let in bone-jangling drafts. Most importantly, asses how much sunlight the house lets in and whether there’s any mould, or damp, which can be a pain to rectify. Viewing a property during a sunny day might mask these things and lead to a troublesome purchase.

Because the winter months are generally spent visiting family, eating food and making great memories. Temperatures may drop and snow could even be on the ground, and the last thing on your mind may be buying a home.  However, we have 5 powerful reasons why buying a home in the winter can benefit you. These benefits include:

  1. MOTIVATED SELLERS
    Owners who list in winter usually need to move from their property for a reason (i.e. job relocation) and therefore, are normally willing to negotiate on price. Use this aspect to your advantage in scoring a deal.
  2. BARGAIN PRICES
    Home prices are at an annual low during the winter months, which means buying a house now can increase your

    purchasing power and get your more house for your money.
  3. LITTLE COMPETITION
    Fewer buyers mean less competition. This means fewer chances for multiple offers being put in on your dream home.
  4. SEASONAL PERSPECTIVE
    Cooler months means you can check the functionality of the heating system, or if there are any drafts coming through the windows. Any other time, these important factors may not cross your mind while touring a home. This could essentially leave money in your wallet.
  5. AVAILABILITY OF PROFESSIONALS
    Lower activity during the winter months can mean more attention from your real estate agent and lenders can be more accessible for questions and assistance.

So, if you plan to buy a property in Melbourne during winter, talk to us in the first instance and Your Australian Property can guide you through each step of the buying process by helping you select the right property at the right price saving you time, money and stress!

Happy house hunting and buying this winter 😊😊😊

Your Australian Property Buyers Agents lives and breathes property and knows the Melbourne Property Market! We at Your Australian Property Buyers Agents 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.

Your Australian Property Buyers Agents is a five-star rated independent boutique Buyer’s Agency in Melbourne. Our success comes from prioritising our clients' unique needs first and consistently delivering exceptional results.​ We promise to be responsive and to truly listen to what our clients need. We're surrounded by noise in the property market – Our goal is to cut through it.

From the CBD to Melbourne’s outer suburbs, Your Australian Property Buyers Agents helps Melbourne home buyers and property investors secure the right property with independent advice, proven strategy and expert negotiation.

We don’t sell property. We don’t answer to developers. We work for you and only you.

With over 30 years of real estate industry expertise, we know what it takes to buy property seamlessly. Patience is key, but never at the compromise of confidence and our clients’ end game. We’re professional in every facet of our work, dealing with our clients with the utmost integrity and honesty.

When clients engage Your Australian Property Buyers Agents, they can expect Buyer’s Agents that are proactive and passionate. Combining a hard work ethic with passion and attention to detail, we help clients achieve their property goals with ease.

CALL​ 1300 998 688 or +61 3 8899 6327​ TO LEARN MORE ABOUT HOW WE CAN HELP YOU.

If you’re Serious about Purchasing the Right Property at the Right Price, then Working with an Expert Buyer’s Agents is the Smartest Purchasing Strategy There Is!

Simply fill out the Enquiry Form below to get Started.

Latest Market News – May 2020

LATEST MARKET NEWS – JUNE 2019

There were 407 auctions held in Melbourne last weekend ending 30th June 2019 showing a clearance rate of 73% according to the REIVAt the same time last year (June 2018) there were 706 auctions with an auction clearance rate of only 62%.  

Melbourne’s auction clearance rate of 73% suggests that the Melbourne property market may have bottomed out and is on the way up again.  And, dwelling values in Melbourne have increased by 0.2%, according to data released recently by property analytics firm Core Logic.  Tuesday’s interest rate cut decision by the Reserve Bank will certainly play a further role in improving market conditions.

But, although there are encouraging signs in respect to the Melbourne property market, the facts still remain that the real estate prices in Melbourne are still down between 20% – 30% from their 2017 highs.  So rather than be too optimistic I think you need to be still very careful about what you pay for a particular property.  How do you combat this issue?  Undertake thorough and detailed due diligence.

For a confidential discussion of where to buy in Melbourne and expert property advice , contact Zac Newbold directly on 0418 144 644 or via his website by clicking on this link.

Your Australian Property Tips #

Don’t be fooled by a lower price when assessing a property for potential purchase!  Firstly, make sure the property is the “RIGHT PROPERTY” first and foremost before you start concentrating on the price.  Remember, there’s always the hidden danger for buyers to either buy the wrong property or overpay for a property, as not everyone can buy the right property because there are only a limited number of them available.

 

Happy House Hunting!

Your Australian Property Buyers Agents lives and breathes property and knows the Melbourne Property Market! We at Your Australian Property Buyers Agents 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.

Your Australian Property Buyers Agents is a five-star rated independent boutique Buyer’s Agency in Melbourne. Our success comes from prioritising our clients' unique needs first and consistently delivering exceptional results.​ We promise to be responsive and to truly listen to what our clients need. We're surrounded by noise in the property market – Our goal is to cut through it.

From the CBD to Melbourne’s outer suburbs, Your Australian Property Buyers Agents helps Melbourne home buyers and property investors secure the right property with independent advice, proven strategy and expert negotiation.

We don’t sell property. We don’t answer to developers. We work for you and only you.

With over 30 years of real estate industry expertise, we know what it takes to buy property seamlessly. Patience is key, but never at the compromise of confidence and our clients’ end game. We’re professional in every facet of our work, dealing with our clients with the utmost integrity and honesty.

When clients engage Your Australian Property Buyers Agents, they can expect Buyer’s Agents that are proactive and passionate. Combining a hard work ethic with passion and attention to detail, we help clients achieve their property goals with ease.

CALL​ 1300 998 688 or +61 3 8899 6327​ TO LEARN MORE ABOUT HOW WE CAN HELP YOU.

If you’re Serious about Purchasing the Right Property at the Right Price, then Working with an Expert Buyer’s Agents is the Smartest Purchasing Strategy There Is!

Simply fill out the Enquiry Form below to get Started.