Reserve Bank Governor Philip Lowe has issued a grim update on Australia’s battle with rampant inflation, after the RBA lifted rates for a tenth consecutive time to 3.6 per cent on Tuesday. The expected 25 basis rise was confirmed after the Reserve Bank board met on Tuesday afternoon, with the cash rate at its highest since June 2012. Mr Lowe flagged more “tightening of monetary policy will …
Melbourne Weekend Auction Results
For the week ending the 4th March 2023, a total of 610 houses were scheduled to go under the hammer in Victoria. There were 566 homes sold at auction this week, with 147 homes passed in and 125 homes that 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 …
The importance of getting a property inspected before buying
When it comes to buying a home, it is essential to recognise that you are responsible for much of what takes place. Once the transfer of ownership is complete, you are often liable for any pre-existing defects, including illegal alterations to the property. As Consumer Affairs Victoria (CAV) outlines on it's Contracts and Disclosure Statements webpage, sellers must provide prospective buyers …
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We Love Our Happy Clients – Stefanie & Gab
We love hearing what our happy clients have to say about their experience with Chamberlain Property Advocates. We helped Stefanie and Gab sell their property! This is what they had to say: "Well, we are very, very happy. Thank you Wendy and Jo for referring us to you. You did a fantastic job. We’re so happy. Thanks to Wendy for all her hard work in keeping us going and keeping us in …
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Buyer’s Agent Craigieburn – Suburb Profile
Buying a property in Craigieburn 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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Melbourne Weekend Auction Results
For the week ending the 25th February 2023, a total of 1006 houses were scheduled to go under the hammer in Victoria. There were 566 homes sold at auction this week, with 255 homes passed in and 182 homes that 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 …
Is there are a mortgage cliff coming?
With the RBA raising interest rates yet again last week, I'm hearing the whispers growing louder. People are talking about a looming mortgage cliff. Whilst we enjoyed several years of record low interest rates, many home owners chose to fix their mortgages. They effectively locked in that lower rate for 1-3 years, some even longer. However, many home owners are now facing the challenge …
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We Love Our Happy Clients – Kylie
We love hearing what our happy clients have to say about their experience with Chamberlain Property Advocates. We helped Kylie purchase her property! This is what she had to say: "I decided at the beginning of my journey to partner with an expert like Wendy. Wendy understood that it wasn’t about the next house to buy but about the one that felt like my home! I just purchased a property …
Buyer’s Agent Cardinia – Suburb Profile
Buying a property in Cardinia 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 18th February 2023, a total of 711 houses were scheduled to go under the hammer in Victoria. There were 385 homes sold at auction this week, with 194 homes passed in and 131 homes that sold prior to auction. According to data from the Real Estate Institute of Victoria, there was a clearance rate of 73%. If you have already found a property you are interested in and …