Victoria COVID-19 - How Lockdown Will Affect The Real Estate Industry

Victoria COVID-19 - How Lockdown Will Affect The Real Estate Industry

Sarah Lefebvre
Sarah Lefebvre
16/09/2020 | 5 MIN READ

Current as at 16 September 2020 and subject to change by the Victorian Government


There are 2 separate roadmaps in Victoria; one for metropolitan Melbourne and one for regional Victoria.  We want to assure we are proactively working to adhere to the restrictions in place by the Victorian State Government, so we play our part in helping control the spread of the Coronavirus (COVID-19). If you have any questions we are here to help. Click here to find your local agent.

Metro Melbourne Restrictions for Real Estate 

Metro Melbourne has specific industry restriction levels, relating to how many active coronavirus cases are in the community. Below is an overview of how restrictions will be eased across the real estate industry. For more information click here

First step & second step

Services related to property settlement or commencement / end of lease, including removalists that cannot be done remotely is allowed.

Third step

Commencement of outdoor auctions, with a maximum number of people allowed to attend and private property inspections by appointment only.
 

Last step & COVID Normal 

Business as usual but following a COVIDSafe Plan


For more information about Metro Melbourne's roadmap out of COVID-19 click here

Here’s how we’re working during the First and Second Stage of the COVID-19 pathway to ‘COVID Normal’

As a result of the current stage 4 restrictions and the ongoing restrictions in place as part of the COVID-19 reopening roadmap, our offices are required to close in metropolitan Melbourne.  While we may not be in our office, we will be working remotely and remain easily contactable via phone, email, social media or video conferencing.

 

We would love to hear from you and answer any questions you may have about one our properties, the local real estate market, your own home or any property related advice you may be seeking during this period. Please contact us here.

 

Can I still finalise my property sale?

Yes, services related to property settlement or commencement / end of lease, including removalists that cannot be done remotely is allowed.

 

Property Management

Our team of property managers are also working remotely and are contactable via phone, email, social media or video conferencing.  We will continue to ensure essential services can be performed for our tenants and landlords.  This involves dealing with emergency tenant issues such as emergency repairs and coordinating rent collection.  

 

Services related to commencement / end of lease, including removalists that cannot be done remotely is allowed

I live in metropolitan Melbourne and am meant to move house next week. Can I still move?

Yes. You are still able to move house, but the curfew hours still apply. You should also take extra steps to stay safe including wearing a face covering.

I live in an apartment, am I allowed to take my dog out for a bathroom break more than once a day?

Yes. You may leave your apartment to take your dog for a bathroom break. However, you should stay as close to your apartment as possible and return to your apartment as soon as your dog has relieved itself. You should seek to minimise separate trips as much as possible, so consider taking your dog out when you exercise or shop for necessary good and services. You must wear a face covering, unless an exemption applies.

Property inspections and appraisals in metropolitan Melbourne 

On-site or in person property inspections and appraisals are not permitted in Metropolitan Melbourne up until 26 October or when we reach Step 3 of the Victorian Governments COVID Normal Roadmap.


We however can still conduct virtual property appraisals remotely using tools such as Facebook Live and video conferencing tools.   In addition, a lot of our properties feature virtual tours, and all our properties are captured with high quality professional photographs and floor plans - you can easily inspect properties for sale from the comfort of your own home.

 

For more industry specific information about the roadmap out of COVID-19 for Metro Melbourne click here

Here’s how we’re working during COVID-19 restrictions in Regional Victoria 

From 17 September our offices will be getting back to business 

Due to regional Victoria having reached a 14-day average of 3.6 new cases a day and no mystery cases of COVID-19, regional Victoria has reached the necessary trigger point and from 11.59pm on 16 September will progress to the Third Step of Victoria’s reopening roadmap.  

 

Following the announcement, we are excited to get back to business, but we are doing so with your safety as our priority.

Under the third step COVID-19 Victorian Government guidelines we can now

  • Open the doors to Regional Victorians and take you on a private inspection of a property.  We still offer virtual and digital inspection if you prefer to do it remotely. For more on these solutions contact your local agent
  • We can conduct a private property appraisal and can also do this virtually if you’d prefer
  • We can hold an open-air auction for properties going under the hammer, however gathering limits will apply

For general information on the COVID-19 reopening roadmap for regional Victoria click here. For industry specific information click here.

For more information on the roadmap for regional Victoria click here.

Across Victoria you can still:

Online, live stream auctions

Face to face auctions remain banned across metropolitan Melbourne and we have moved all our auctions across to our online auction platform. McGrath clients have the opportunity to watch, register, bid, buy and exchange on live property auctions. This service will ensure bidders can still participate and bid at an auction remotely. 

 

We can hold an open-air auction for properties going under the hammer in regional Victoria, however we also have the option in regional Victoria to attend the auction remotely via our online auction platform.

 

To find out more about this please contact the relevant McGrath agent or McGrath office here. 
 

Search, find and inspect properties online

Our website mcgrath.com.au remains your go to resource for all our latest listings and rental properties.  A lot of our properties feature virtual tours, and all our properties are captured with high quality professional photographs and floor plans - you can easily inspect properties for sale from the comfort of your own home.

 

Furthermore, our website houses the new McGrath Insights Centre - your go-to-resource for information rich, practical real estate content. From thought leadership articles, in-depth eBooks, checklists, how-to-guides and more.  Each week it is updated with insights from John McGrath on how COVID-19 is impacting the real estate market, along practical tips for homeowners, investors, buyers and renters, to help ensure you are in a strong position post COVID-19.

Find us on social media

The McGrath Estate Agents and local agent and office social media channels remain a reliable source to, not only keep in contact with us and your local agents, but we will also be updating our community regularly through these channels, so we encourage you to check in.

 

These are unprecedented times however we will work together and keep you updated on any further changes. 

 

In the meantime, we hope you remain healthy and safe and look after each other.  We want you to be assured with are there with you all the way. We will come through this stronger and even more resilient than we are today.



Disclaimer 
McGrath Limited and its subsidiaries, together with their directors, officers, employees and agents have used their best endeavours to ensure the information passed on in this document is accurate. However, you must make your own enquiries in relation to the information contained in this document and seek advice from your financial advisor, broker or accountant to ascertain its application to your circumstances. This information is subject to final clarification from the Victorian State Government.



This information is provided subject to our Terms and Conditions.