For the week ending the 29th September 2024, REIV Latest Auction Results are showing a total of 53 properties scheduled to go under the hammer in Victoria. There were 28 homes reportedly sold at auction this week, with 9 homes passed in and 16 homes sold prior to auction. The Real Estate Institute of Victoria, are not showing a clearance rate percentage this week. If you have already …
REIV Commentary On The Short Stay Levy
The government's recent changes to short-stay accommodation regulations have the potential to create disruption far and wide, from the short and long term rental property markets to the wider tourism industry, as well as Australian and international holiday-makers. After reviewing the Short Stay Levy Bill introduced by the Victorian Government, and seeking feedback from their own members, the …
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We Love Our Happy Clients – Rhys
We love hearing what our happy clients have to say about their experience with Chamberlain Property Advocates. We helped Rhys buy a home! Here is what he had to say: "It was a really easy experience, very reassuring and pretty stress-free, relatively stress-free considering what we're doing! But, I know it was a really good experience, I would recommend it. The best part about this …
Buyer’s Agent Rosanna – Suburb Profile
Buying a property in Rosanna 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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RBA Leaves Cash Rate On Hold
As many predicted, the Reserve Bank of Australia has announced its decision to leave the cash rate unchanged at 4.35%. In a statement released today, the RBA said inflation remains persistently higher than the preferred 2–3 per cent target range and current forecasts suggest it may not reach a sustainable target until 2026. Inflation has now remained above the midpoint of the target for …
Melbourne Weekend Auction Results
For the week ending the 22nd September 2024, a total of 778 properties were scheduled to go under the hammer in Victoria. There were 425 homes sold at auction this week, with 191 homes passed in and 162 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 …
Victoria’s Housing Shortage Blame Game
If you're struggling to find a home to rent in Victoria, you are certainly not alone. The Victorian government has imposed regulations and land taxes which have negatively impacted the property investment market causing rent hikes along with a mass exodus of investors, thereby creating a shortage of affordable rentals. A recent report by PropTrack refers to a study which suggests short term …
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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 in Melbourne! Here is what they had to say: "Thank you Wendy and Di, we really appreciate what a great help you've been and for all of your support! We will definitely recommend your services to others as it was an extremely useful and …
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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 15th September 2024, a total of 734 properties were scheduled to go under the hammer in Victoria. There were 386 homes sold at auction this week, with 173 homes passed in and 175 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 …
