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I'm an hour and a bit north of Melbourne and i can tell you property around here sells as soon as it hits the market and normally at a higher price than is being asked......crazy action really.
2 x examples
My (new) next door neighbours were locked down last year in Melbourne's western suburbs and wanted out of the metro region. They did a live video inspection of the house next door and signed up to buy it that afternoon for $1.62m price tag, same house sold 2 years prior for $1.2m. First time they actually set foot on the property was the day they moved their furniture in!
Girl that works for me rang an agent to get her house valued to settle for a separation with her husband (she was going to pay out the ex his share). Agent attended the house and said he had a buyer if she did chose to sell......was offered much more than she thought it was worth and sold within a couple days.
It is honestly nuts around here at the moment, people lining up to buy places.
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