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Pre-Settlement Inspection for New Investment Property Owners — The 3-Priority Checklist (2026)

Property Management

Pre-Settlement Inspection for New Investment Property Owners — The 3-Priority Checklist (2026)

If you've just exchanged contracts on a Melbourne investment property, you have a 7-14 day pre-settlement window before the keys are yours — and before the property hits the rental market. Used well, that window pays for itself many times over: a competent pre-settlement inspection Victoria walkthrough surfaces statutory non-compliance the vendor must cure, gives your property manager a clean baseline condition report, and lets you triage repairs into the OptimaRea P1/P2/P3 priority framework so the property is listing-ready on day one. This guide walks through what to inspect, who to bring, how to scope the typical $1,500-$3,500 prep spend, and why three full sets of keys at settlement is the operational standard.

Joey Don 2026-05-13
OptimaREA

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