For the week ending the 2nd June 2024, a total of 734 properties were scheduled to go under the hammer in Victoria. There were 393 homes sold at auction this week, with 176 homes passed in, one sold after auction and 164 homes sold prior to auction . According to data from the Real Estate Institute of Victoria, there was a clearance rate of 76%. If you have already found a property you …
Victorian State Budget Fails To Incentivise Property Investors
The recent release of the Allan Government's first budget sees a missed opportunity to attract investors back into Victoria's struggling property sector. With housing supply and affordability issues at a crisis point and a disincentivising property tax regime sending investors away in droves, Victoria needed the 2024-25 State Budget to step up and encourage property investment. While …
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We Love Our Happy Clients – Amanda
We love hearing what our happy clients have to say about their experience with Chamberlain Property Advocates. We helped Amanda buy her first home. Here is what she had to say: "We couldn't recommend Wendy enough. She helped us understand buying not only our first home, but a home in a new country. She walked us through every step and was patient with every one of our questions. We were …
Buyer’s Agent Northcote – Suburb Profile
Buying a property in Northcote 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 26th May 2024, a total of 659 properties were scheduled to go under the hammer in Victoria. There were 348 homes sold at auction this week, with 158 homes passed in and 153 homes sold prior to auction . According to data from the Real Estate Institute of Victoria, there was a clearance rate of 76%. If you have already found a property you are interested in and …
Could Build To Rent Projects Solve Our Rental Problem?
Chances are you've not heard about build-to-rent projects, which isn't surprising. While build-to-rent occurs quite significantly in foreign housing marketing such as the United States where it accounts for about 12% of the housing market and the UK where it is about 5%, in Australia BTR's account for just 0.2% according to a recent report by Domain. This means, of the 2.5 million rental …
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We Love Our Happy Clients – Karla
We love hearing what our happy clients have to say about their experience with Chamberlain Property Advocates. We helped Karla buy her first home. Here is what she had to say: "As a first homebuyer, I had no idea what was involved in buying a home. Wendy made the entire process so easy by helping me assess properties; liaising and negotiating on my behalf with agents, solicitors and …
Buyer’s Agent Preston – Suburb Profile
Buying a property in Preston 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 19th May 2024, a total of 600 properties were scheduled to go under the hammer in Victoria. There were 333 homes sold at auction this week, with 145 homes passed in and 122 homes sold prior to auction . According to data from the Real Estate Institute of Victoria, there was a clearance rate of 76%. If you have already found a property you are interested in and …
Statewide Campaign To Enforce Minimum Rental Standards
The Victorian government recently announced a statewide campaign to further educate landlords, agents and tenants on the minimum standards for rental properties. The move is applauded by the Real Estate Institute of Victoria, who have long been advocating for increased education and awareness of minimum rental standards in the property sector. In response to the government's …
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