Unfortunately, there are no private property inspections allowed in metropolitan Melbourne until the 26th of October 2020. This is devastating news for both buyers and sellers. 

Currently, Melbourne is still in stage 4 lock-down for no easing expected until late September. However, the news is better in regional Victoria as they are in stage 2 restrictions. 

There will no doubt be an economic fallout for the slow road to recovery, and it is very frustrating for everyone living in Victoria. Let’s hope everyone does the right thing and we can achieve our targets so everyone can start living a normal life again. 

Hope you enjoy your weekend and keep well!

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!

Why Use a Buyer's Agent in Melbourne?

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.

What our Clients are Saying about Your Australian Property Buyers Agents

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.

Next Step

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.

The Melbourne property market has come to a grinding halt as selling agents are unable to take buyers through any of their properties they are trying to sell. Additionally, in recent weeks a large number of online auctions have also been cancelled due to the Stage 4 lock-down restrictions currently imposed in Melbourne. Unfortunately, as a result of these lock-down measures the entire Melbourne real estate industry is effectively closed until the Victorian Government starts easing these Stage 4 restrictions.

Presently we are at the halfway mark with some good news indicating the amount of daily Covid-19 infections has dramatically declined over the past week. This implies that Melburnians are potentially on track for easing of restrictions in a few weeks’ time.

Over this quiet time, many of the selling agents in Melbourne are working to try and list as many properties for sale as they can for the upcoming ‘spring selling season’ which is less than a week away. Feedback from many selling agents is that whilst they are successfully listing properties for sale there still is a massive shortage of properties currently available on the market. Selling agents of course are urging potential sellers list their property on the market today and take full advantage of this opportunity.

In part, selling agents actually do have a plausible argument in suggesting it is a good time to sell, based mainly on supply and demand factors – when there is usually low supply that can cause prices to increase as demand outstrips supply. However, during these unprecedented economic times it remains to be seen given Australia’s unemployment rate is rising – unfortunately every day more and more people are losing their jobs. Typically, when Australia has experienced high levels of unemployment in past recessions house prices have fallen not risen and often take many months to sell. Therefore, we believe it is much more prudent to take a more cautious ‘wait and see approach’ in terms of commenting about what the future holds for property. The bottom-line is that anyone contemplating purchasing a property either today or in the near future should always play the ‘long game’ with intent of long-term capital growth, regardless whether it is bought for investment purposes or as a home purchase.

Finally, Your Australian Property is still experiencing a reasonable amount of enquiries from buyers who are looking to purchase, and considerably higher than the amount we expected. These include buyers who still have not yet purchased (who were looking to buy PRE-lock-down) and new buyers looking to enter the property market. Interestingly, just prior to lock-down, our previous 5 transactions since the start of July have been for 3 investors and 2 home buyers. 

Stay covid-19 safe and our fingers are crossed that these Stage 4 lock-down restrictions will be eased very soon 😊

Why Use a Buyer's Agent in Melbourne?

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.

What our Clients are Saying about Your Australian Property Buyers Agents

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.

Next Step

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.

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

2. 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.

3. All other inspections can be online only
4. 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!

Why Use a Buyer's Agent in Melbourne?

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.

What our Clients are Saying about Your Australian Property Buyers Agents

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.

Next Step

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.

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 😊😊😊

Why Use a Buyer's Agent in Melbourne?

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.

What our Clients are Saying about Your Australian Property Buyers Agents

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.

Next Step

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.

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!

Why Use a Buyer's Agent in Melbourne?

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.

What our Clients are Saying about Your Australian Property Buyers Agents

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.

Next Step

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.

There were 483 auctions held in Melbourne last weekend ending 28^th 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!

Why Use a Buyer's Agent in Melbourne?

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.

What our Clients are Saying about Your Australian Property Buyers Agents

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.

Next Step

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.