With talk of a recession looming, it isn't surprising that the early warning signs of financial stress are being seen in surging mortgage hardship claims and quick home resales, as reported recently by the ABC. Data from CoreLogic shows a recent increase in homes reselling within a three year period, which many are attributing to mortgage stress. That theory is supported by a recent …
We Love Our Happy Clients – Gayan
We love hearing what our happy clients have to say about their experience with Chamberlain Property Advocates. We helped Gayan sell another home! Here is what he had to say: "This is the second property that I have sold with the help of Chamberlain Property Advocate and from the get-go it was a very easy process. The best thing I like about using Wendy’s services is that I only have to …
Buyer’s Agent Balwyn North – Suburb Profile
Buying a property in Balwyn North can be a daunting and difficult process. For many of us, buying property 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 when buying a home or investment property by: Questions such as “where can I find a home I can afford”, “am I paying too much?”, “where can I …
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RBA Leaves Cash Rate On Hold
Interest rates didn't decrease today as many mortgage holders hoped, but neither did they rise. Around the world central banks are beginning to cut their interest rates, but the Reserve Bank of Australia (RBA) left the cash rate on hold at 4.35 per cent. The reason given for the decision by the RBA Board is that while inflation is easing, it is doing so at a slower rate than previously …
Melbourne Weekend Auction Results
For the week ending the 16th June 2024, a total of 633 properties were scheduled to go under the hammer in Victoria. There were 324 homes sold at auction this week, with 157 homes passed in and 152 homes sold prior to auction . According to data from the Real Estate Institute of Victoria, there was a clearance rate of 75%. If you have already found a property you are interested in and …
What You Need To Know About The Vacant Residential Land Tax
The amended Vacant Residential Land Tax comes into effect on the 1st January 2025. If your property has been vacant during 2024 for more than six months, you could be hit with a VRLT in 2025. Currently, the VRLT applies to vacant homes in Melbourne's inner and middle suburbs, but from January 1st 2025 it will apply across the state, to all Victorian properties. There are some residential …
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We Love Our Happy Clients – Brendan
We love hearing what our happy clients have to say about their experience with Chamberlain Property Advocates. We helped Brendan buy a home! Here is what he had to say: "Wendy and Brooke were fantastic to work with. We received a few off market opportunities but ended up purchasing something that we absolutely love that was on market. The due diligence in understanding the …
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Buyer’s Agent Hawthorn – Suburb Profile
Buying a property in Hawthorn can be a daunting and difficult process. For many of us, buying property 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 when buying a home or investment property by: Questions such as “where can I find a home I can afford”, “am I paying too much?”, “where can I find …
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Melbourne Weekend Auction Results
For the week ending the 9th June 2024, a total of 284 properties were scheduled to go under the hammer in Victoria. There were 136 homes sold at auction this week, with 83 homes passed in and 65 homes sold prior to auction . According to data from the Real Estate Institute of Victoria, there was a clearance rate of 71%. If you have already found a property you are interested in and would …
How To Showcase Your Property For A Winter Sale
Everyone says spring is the best time of year to sell property. But is it? In fact, every season brings pros and cons to selling a home. Spring sees flourishing weeds and windy days, but no temperature extremes. Summer days can be scorching, but homes with pools look extra cool and inviting. Autumn is picturesque but leaves can clog gutters and cover driveways. And winter... well it might …
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