lockdown rules

Clarity on lockdown rules

Not surprisingly, there has been a fair degree of uncertainty among some Melbourne residents about the rules on inspecting properties for sale and rent since the social distancing lockdown rules were reinforced earlier this week.

Even a few Melbourne real estate agents were left confused following the announcement of a return to Stage 3 restrictions in metropolitan Melbourne and Mitchell Shire, (but not the rest of regional Victoria), with questions arising on how this move would impact people wanting to buy or rent in both the restricted and unrestricted areas.

The good news for anyone looking to move house at the moment is that the REIV reached out to the State Government this week and received confirmation that a person living in a restricted area can attend a private inspection of a home in a non-restricted area, and a person from regional Victoria can also travel into a restricted area to attend a private inspection of a home.

Of course, we are all rapidly coming to terms with the knowledge that a resident of metropolitan Melbourne cannot attend an open house or an on-site auction. They can, however, participate in an online auction.

Importantly, if you have already purchased a property or signed a new lease, you are still allowed to move to a new home during the lockdown, even if it involves travelling into a different region.

Of course, one way to speed up the buying process right from day one is to have an experienced advisor working with you every step of the way. If you need help in finding the right property to purchase, or you want to weigh up whether renovating your existing home is a better choice than selling and securing one that has all of the features that you want, be sure to give us a call at Ian Reid Vendor Advocates on 9430 0000.

You’ll also find lots of helpful suggestions in our free booklet, “Fatal Real Estate Traps Exposed”.