Realistic Timelines: Selling Victoria Apartment Blocks
Victorian owners often ask Simon Abbott how long sales typically take for unit blocks and complex investment property. The truth: timing varies dramatically with method, market, and the agent’s network. Simon outlines real timelines from his transactions and what factors help or hinder a fast deal.
Case Study Snapshots
- Database sale—block of 10 units: 9 days
- Buyer’s agent syndicate—block of 12: 2.5 weeks
- Conventional campaign—block of 8: 5 weeks (including public opens, broad online reach)
- Failed two-year campaign (before Simon): Reset, sold all 15 in 11 days after relaunch
Main Timing Factors
- Quality of buyer database—genuine investors = fastest
- Tenancy profile (“clean” tenancies, minimal disputes, up-to-date records aid speed)
- Vendor flexibility (settlement, release of rental info, realistic reserve)
- Method: off-market/database is often faster, but not always optimal for every block
- Title structure—one title can have a longer due diligence phase
Simon stresses speed isn’t the only metric—certainty of settlement and risk management matter even more, especially for income property.
Have a block or investment unit to sell? Ask Simon Abbott for a realistic timeline and campaign plan.
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