Real estate auctions before 1pm on Anzac Day to be banned in Victoria

Real estate auctions before 1pm on Anzac Day to be banned in Victoria
Real estate auctions before 1pm on Anzac Day to be banned in Victoria

Real estate auctions before 1pm on Anzac Day will be banned in Victoria under new laws to bring the property industry in line with other trading restrictions.

The issue arose in 2015 when Anzac Day fell on a Saturday. It is next set for a Saturday in 2020.

Melbourne agents mostly offered afternoon auctions, but Premier Daniel Andrews expressed concerned about reports raised on Neil Mitchell's 3AW that home auctions were held on Saturday morning.

"It may be legal to be having auctions and things of that nature, but I think it's pretty ordinary," Andrews said in 2015.

About 80 were scheduled for Anzac Day, with 18 held before 1pm.

The Real Estate Institute of Victoria says it was disappointing some vendors and agents had ignored their advice about maintaining respect for the day.

In 2015 Amanda Lynch, chief executive of the Real Estate Institute of Australia says there was a need a nationally consistent position on ANZAC Day opening hours.

The Herald Sun reported the legislation had been mooted in recent times with $16,000 penalties.

 

Tags: 
Residential Auctions Anzac Day

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