There were 1083 auction results reported this week, ending the 9th April. A total of 586 were sold at auction, 271 were passed in and 225 sold prior to auction. Data from the Real Estate Institute of Victoria report a clearance rate of 75%. According to CoreLogic, this week was set to be Melbourne’s busiest week of the year to date for auctions. It is thought that the explosion of …
Buyer’s Agent Port Melbourne – Suburb Profile
Buying a property in Port Melbourne can be a daunting and difficult process. For many of us, it is something we only do a few times in our lives. A buyers advocate (also known as a buyers agent or property finder) can be an enormous help to make it easy to buy a home or investment property by: removing the stress and frustration of buying a home saving you time and allowing you to get your …
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First Home Buyers Budget Lifeline
In line with the budget announcement last week, the Federal Government has stated that it will extend the First Home Loan Deposit Scheme. The Loan Deposit Scheme, which was due to end in June, will allow 10,000 more first home buyer loan guarantees up to a certain threshold, on the condition that those who get approved are purchasing new builds. The scheme will guarantee the loans of …
RBA announce no change to cash rate
The Reserve Bank of Australia (RBA) confirmed today, that the official cash rate will continue to remain at 0.1%. In their media release this afternoon, Governor Phillip Lowe, stated that "the Australian economy remains resilient and spending is picking up following the Omicron setback..[but]household and business balance sheets are in generally good shape". In their press release today, the …
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We Love Our Happy Clients – Stephen and Connie
Chamberlain Property Advocates is proud to have worked with another client who was happy with the services we provide. Here's what Stephen & Connie had to say: "I'd been previously ripped off when buying a property, because I didn't know the legal ins & outs, OR how to deal with less than scrupulous selling agents. This time around, I took up Wendy on her Negotiate only package, and it was …
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Melbourne Weekend Auction Results
There were 965 auction results reported this week, ending the 2nd April. A total of 564 were sold at auction, 230 were passed in and 170 sold prior to auction. Data from the Real Estate Institute of Victoria report a clearance rate of 76%. According to Domain , the shift to a buyer's market continues with five times more auctions scheduled this weekend compared to this time last year. …
Buyer’s Agent Macleod– Suburb Profile
Buying a property in Macleod can be a daunting and difficult process. For many of us, it is something we only do a few times in our lives. A buyers advocate (also known as a buyers agent or property finder) can be an enormous help to make it easy to buy a home or investment property by: removing the stress and frustration of buying a home saving you time and allowing you to get your weekends …
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Selling a property occupied by renters
In a recent savings.com.au, Jacob Cocciolone speaks to Chamberlain Property Advocates about the ins and outs of selling a property that is currently occupied by renters. The first key point is having a good understanding of the lease agreement and giving tenants appropriate notice based on the terms of the lease. The second key point discussed in the article was giving tenants at least 24-48 …
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We Love Our Happy Clients-Geoff and Wendy
Chamberlain Property Advocates is proud to have worked with another client who was happy with the selling agent services we provide. Here's what Geoff and Wendy had to say: "On the recommendation of someone, we entrusted Wendy Chamberlain to be our vendors advocate. We used Wendy’s wealth of knowledge and experience to deal with the agents. We found Wendy to be friendly and always prompt in …
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Melbourne Weekend Auction Results
There were 710 auction results reported this week, ending the 26th March. A total of 598 were sold at auction, 102 were passed in and 5 sold prior to auction. Data from the Real Estate Institute of Victoria report a clearance rate of 80%. According to a recent Domain article, Melissa Heagney writes about how the market is a very different landscape to what it was this time last year. The …
