Sight unseen property sales on the rise amid inspection ban

But with a ban on private inspections during lockdown, the 27-year-old knew she’d miss out on the four-bedroom Fitzroy North house if she didn’t buy it sight unseen.

David Gigliotti, a sales manager at Moonee Valley Real Estate has sold 14 properties sight unseen during Melbourne’s latest lockdown. He also recently sold a sight unseen three-bedroom Californian bungalow in Elwood for $1.97 million, almost $300,000 above the top of its estimated price range.5-week lockdown, property listings rose by 292 per cent and the city’s median house price increased by 4.5 per cent for the December quarter.

Victorian Premier Daniel Andrews has pledged that private inspections of unoccupied properties will go ahead once 70 per cent of Victorians have received at least one dose of a coronavirus vaccine, a milestone estimated to occur on September 23. “Housing has been essential from the beginning of time,” said buyers agent Mark Errichiello. “You need air, water and shelter.”

Nine Entertainment's real estate company is trying to normalise the berserk idea of buying a house without a property or personal inspection. And they present this as News, instead of advertorial. That's pretty sick, for an alleged newspaper. AusMedia

I'm more interested in how a 27yo bought a 4 bedroom house in North Fitzroy....

i’m sure she’ll be fine

fools

The Termites say hi!

So?

How clever 🙄

Surely a professional property inspection can be done?

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