But one agent is concerned the border closure will halve the number of potential buyers and hurt the market.

William Bonnici of First National Real Estate said numerous clients based in Northern Victoria had not been able to cross the border to move home.

He said if the current restrictions remained in place North East residents could stop buying north of the river, which would affect the wider market.

"I can rattle off half a dozen cases where people have either bought a place in NSW or signed a lease in NSW and have now effectively found themselves homeless," he said.

"It's certainly going to have a flow-on effect of potentially people deciding they're not going to sell at the moment, which is difficult.

"If all of a sudden you've effectively shut out half the population that may have taken a look at your home, it means less competition and it may see prices reflected accordingly."

Stean Nicholls director Nicholas Clark said agencies were having to embrace technology and one-on-one inspections south of the border now regional Victoria had re-entered stage three restrictions.

"It's encouraged real estate agents to get a bit more creative, luckily we're not in the same position as Melbourne where they are not allowed to do any inspections," he said.

"We can still do one-on-one inspections."

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Mr Clark said overall fewer houses were being put on the market since about March when coronavirus restrictions first began.

He said because of this many properties were receiving multiple offers and there had also been a surge in off-market sales.

Mr Bonnici said the current climate was great for sellers.

"Our vendors are actually getting premium prices because people that are genuinely looking to buy a property haven't got much choice at the moment and a lot are missing out," he said.

"It's not good for the industry with the lack of stock because unlike retail ... we can't just ring up a warehouse and order a pallet load of four bedroom two bathroom homes."

Mr Bonnici said the border restrictions were frustrating as politicians did not understand how the community worked.

He said most people looking for their first home did not care what side of the border it was located.

"Not many people would bat an eyelid ... whether they're looking at Thurgoona or Baranduda," he said.

"Not (many people) look at the border crossing and say there's an issue there, I don't want to be on that side."