Where to Buy and Sell Gold and Silver Safely in Melbourne’s Eastern Suburbs

by | Apr 11, 2025

For many, heading into the city to handle bullion transactions isn’t ideal. Between parking, crowds, and safety concerns, the experience can feel intimidating — especially when you’re carrying something valuable.

That’s where SBA Bullion steps in. As a locally based business in Melbourne’s eastern suburbs, SBA offers:

  • Easy parking and accessibility
  • Discreet, one-on-one service
  • The convenience of staying close to home

You don’t need to risk travelling long distances with precious metals — or deal with impersonal service from a large city-based business. SBA’s local presence brings peace of mind and personal attention to every transaction.


Buy or Sell Gold and Silver with Confidence

At SBA Bullion, you can both buy and sell a wide range of gold and silver products:

✅ What We Buy

  • Gold and silver bullion
  • Gold and silver coins
  • Scrap gold or silver jewellery (paid at scrap prices)

✅ What We Sell

  • Investment-grade gold and silver bars
  • 1oz silver and gold coins
  • Engraved bullion (including custom logos on bulk orders)
  • Gold bullion in ½ oz, 1oz and 5oz ingots only 
  • Silver we have a range of bars from 1oz up to 1kg

Our pricing is always based on live market rates, and we’re upfront about what you’ll receive. There’s no guessing and no pressure.


Flexible Payout and Payment Options

When it comes to buying or selling, SBA keeps things simple:

  • Selling? Choose between instant cash or bank deposit.
  • Buying? You can tap your card for purchases up to $1,000. Larger purchases are made via direct bank transfer (goods are released once funds clear). Purchases can be made with CASH, this option is very popular with our customer base and is the most widely used

We don’t accept credit card payments for bullion purchases — a policy that helps us keep your transaction secure and fraud-free.


Do I Need ID?

Government regulations require ID for purchases or sales over $5,000. Anything below that, no ID is necessary.

It’s important to note that when selling anything to us, whether its bullion or jewellery, we require photo ID for our second hand dealers register.


Not Sure If It’s the Right Time to Buy or Sell?

We’re often asked whether gold or silver will go up or down. Our honest answer? No one really knows. We don’t speculate, and we don’t give investment advice — but we’re always here to answer your questions and help you make an informed decision.


Visit SBA Bullion — Your Local Bullion Specialist

If you’re in the eastern suburbs of Melbourne and looking for a safer, easier way to buy or sell gold and silver, visit SBA Bullion. We’re proud to offer a personal, secure alternative to city-based dealers — right in your local area.


Ready to visit or want to speak to someone first?
Contact us or drop into our location — we’re here to help.