PHOTO: Maxwell Collins auctioneer Shaun Carroll, left, alongside father Eugene Collins will auction a Newcomb property on Saturday. Picture: Stephen Harman Source: News Corp Australia

The first in-person real estate auctions will occur in Geelong this weekend as regional Victoria moves to the third step of the road map out of the coronavirus lockdown on Wednesday.

Premier Dan Andrews announced real estate auctions would be allowed to be held outdoors for up to 10 people in regional Victoria.

Open homes remain private by appointment under the road map.

Melbourne residents cannot travel to regional Victoria to attend an auction.

2-4 Portarlington Rd, Newcomb, will be auctioned on Saturday at 10.30am.

2-4 Portarlington Rd, Newcomb, will be auctioned on Saturday at 10.30am. Source: Supplied

Maxwell Collins, Geelong agent Eugene Carroll welcomed the return to in-person auctions.

“Beautiful. That’s good news,” he said.

Mr Carroll said the first auction would be at 2-4 Portarlington Rd, Newcomb, on Saturday.

The 1474sq m property is a development opportunity close to central Geelong that has attracted good interest during the campaign.

“We’ll send out invitations,” Mr Carroll said.

“We’ll have registered bidders, hold it on the property where they can safely bid while maintaining social distancing.”

But some agents would continue with online auctions as planned with some buyers unable to attend in-person.

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