For the week ending the 11th August 2024, a total of 556 properties were scheduled to go under the hammer in Victoria. There were 319 homes sold at auction this week, with 110 homes passed in and 127 homes sold prior to auction . According to data from the Real Estate Institute of Victoria, there was a clearance rate of 80%. If you have already found a property you are interested in and …
RIP Paper Titles
It's the end of an era which may have some home owners feeling a little nostalgic... The Torrens system of land titles was first introduced in South Australia in 1858, with Victoria recorded as one of the first states to adopt it. But 166 years later, it's all changed. As of August 2024, all new property titles in Victoria are now being issued in electronic format as we move to a fully …
We Love Our Happy Clients – Sarah and Joe
We love hearing what our happy clients have to say about their experience with Chamberlain Property Advocates. We helped Sarah and Joe buy a home! Here is what they had to say: "We’d recommend Wendy’s help to anyone, particularly first home-buyers! It feels amazing having bought our first home finally, after a few months of looking! We feel really relieved now that we’ve bought our …
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Buyer’s Agent Greensborough – Suburb Profile
Buying a property in Greensborough 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
Earlier today the Reserve Bank of Australia announced its sixth consecutive decision to leave the cash rate unchanged at 4.35%. While many were hoping for cuts to their mortgage interest rates, this decision was widely anticipated as inflation hasn't fallen as quickly as the RBA had hoped. Today was a day of economic turmoil, as global stock markets plummeted and the ASX experienced its worst …
Melbourne Weekend Auction Results
For the week ending the 4th August 2024, a total of 496 properties were scheduled to go under the hammer in Victoria. There were 286 homes sold at auction this week, with 88 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 82%. If you have already found a property you are interested in and …
Metro House Prices Fall
Victoria continued to buck the national trend of escalating property values according to the Real Estate Institute of Victoria, with the June quarter showing a slight drop in median house prices across the metropolitan Melbourne area. House prices in Melbourne fell 1.5% in the June quarter, taking the median house price to $912,000. Units in Melbourne fell 0.1% to reach a median price of …
We Love Our Happy Clients – Bridget and Tim
We love hearing what our happy clients have to say about their experience with Chamberlain Property Advocates. We helped Bridget and Tim buy a home! Here is what they had to say: "We’re really happy with our experience with Wendy who was introduced to us by some friends who bought in 2 days, and we bought our property today in about 12 hours, so we’re really excited! They’ve done a great …
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Buyer’s Agent Yallambie – Suburb Profile
Buying a property in Yallambie 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 28th July 2024, a total of 521 properties were scheduled to go under the hammer in Victoria. There were 278 homes sold at auction this week, with 119 homes passed in, 2 homes sold after auction and 122 homes sold prior to auction . According to data from the Real Estate Institute of Victoria, there was a clearance rate of 77%. If you have already found a property …
