Yes, in Victoria, you can authorise someone to bid at auction on your behalf. This is known as a ‘proxy bid’ or ‘bidding on your behalf’ and requires a specific legal process to ensure transparency and validity. As of December 2025, the process currently in Melbourne involves completing a Proxy Bid Form, available from the […]
In Victoria, it’s not legally *required* to have finance pre-approval before bidding at auction, however, as of December 2025, it’s increasingly common and strongly advised for buyers. Sellers aren’t obligated to accept conditional offers, and unconditional offers generally hold more favour. Currently in Melbourne, particularly in the competitive Eastern Suburbs market Fletchers operates within, most
Obtaining a second opinion on building and pest inspections is a common practice for Melbourne property sellers, particularly when preparing for a campaign. It involves commissioning a separate, independent inspection report to verify the findings of the initial report. As of December 2025, the Melbourne property market, and specifically the Eastern Suburbs, continues to see
A strata report, officially called an owners corporation certificate, provides prospective buyers with a detailed overview of the financial health and administrative management of the apartment building. It’s a crucial document when selling an apartment in Victoria, as of December 2025. Currently in Melbourne, particularly within the Eastern Suburbs where Fletchers operates, buyers – and
Securing a home loan with a less-than-perfect credit history in Victoria is possible, though it typically involves navigating more stringent requirements and potentially higher interest rates. As of December 2025, lenders assess risk carefully, and a poor credit score signals increased risk. From a property selling perspective in Melbourne, particularly within the Eastern Suburbs we
Securing a home loan with a less-than-perfect credit history in Victoria is possible, though it typically involves navigating more stringent lending criteria and potentially higher interest rates. As of December 2025, lenders assess risk carefully, and a poor credit rating signals increased risk. When selling property currently in Melbourne, particularly in the Eastern Suburbs, we
Fixing your home loan rate involves locking in an interest rate for a specific period, typically 1-5 years, providing certainty over your repayments. As of December 2025, this is a common consideration for Victorian homeowners contemplating a property sale. Currently in Melbourne, particularly within the Eastern Suburbs where Fletchers operates, the decision to fix isn’t
Understanding prevailing interest rates is crucial when selling property, as they directly influence buyer borrowing capacity and therefore demand. As of December 2025, interest rates aren’t directly part of the selling process, but they significantly shape the market conditions sellers encounter. In 2026, Melbourne’s property market is expected to see moderate growth of 3-6%, influenced
Settlement day is the final step in the property selling process, where ownership of the property is officially transferred from the seller to the buyer. As of December 2025, it’s the day funds are exchanged and the buyer receives the keys. In Melbourne, and particularly within the Eastern Suburbs where Fletchers has operated since 1919,
The deposit is typically paid in stages after a property sale is unconditional, securing the buyer’s commitment to purchase. As of December 2025, this process is a key part of the Melbourne property transaction. Currently in Melbourne, the standard practice involves an initial holding deposit, usually around $5,000 to $10,000, paid immediately after the vendor
