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 …
Looking to sell your home, but don’t know where to start?
At Chamberlain Property Advocates, we are here to support you through the entire selling process. Many of our clients that get in touch are totally overwhelmed by the selling process. Not only about needing to move and find a new home, but before that process even starts. The number one cause of their stress - the need to declutter! If you've lived in a home for any extended time, you know …
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Melbourne Weekend Auction Results
For the week ending the 11th February 2023, a total of 412 houses were scheduled to go under the hammer in Victoria. There were 224 homes sold at auction this week, with 120 homes passed in and 68 homes that 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 …
Sydney fuels Melbourne’s rise as residents flee south
Sydney home prices have become so disheartening that Harbour City residents are increasingly moving to Melbourne, the metropolis they love to disparage as cold, wet and drab Bleak City. With Melbourne set to overtake Sydney as the country’s largest city later this decade, new research has revealed a rising number of the new residents swelling up the city are former Sydneysiders. Many were …
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Melbourne Weekend Auction Results
For the week ending the 4th February 2023, a total of 276 houses were scheduled to go under the hammer in Victoria. There were 163 homes sold at auction this week, with 65 homes passed in and 48 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 …
2023 Property Trends
In 2022, lifestyle additions were high on the wish list for what buyers were looking for, with keywords such as 'pool', 'waterfront', 'beach' and 'view' among the most searched terms. So now that 2023 is underway, what are the key trends we can anticipate in the property market? Buyers will be willing to pay for the right neighbourhood. Many buyers are still willing to pay a price premium …
Melbourne Weekend Auction Results
For the week ending the 28th January, a total of 284 houses were scheduled to go under the hammer in Victoria. There were 158 homes sold at auction this week, with 78 homes passed in and 48 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 would …
What does 2023 hold for you and real estate?
Here we are, at the end of January already. Having seen a shortage of newly listed properties for sale as we headed into the end of year break, what did happen was the existing sales stock started to get soaked up. With the absence of other choices, buyers who needed to buy did so, based on what was available to them. As the year drew to a close, I was receiving a lot of messages regarding …
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Super top-ups for downsizers
From 1 January the age to qualify for a concession to top up super with proceeds of a house sale will be reduced from 60 to 55. Announced one week out from the May 2022 election by the Morrison government, Labor matched the pledge and legislated it after its election win. If you have reached the eligible age, you may be able to contribute up to $300,000 from the proceeds of the sale …
The unstoppable rise of social property selling
We’re all used to shopping online by now but would you make the most expensive purchase of your life on social media? Social media is playing an increasingly important role in property sales, with platforms like Instagram and Facebook at the forefront of the shift. The pandemic, prohibiting in-person viewings and fueling an appetite for property-related content, catapulted this …
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