For the week ending the 20th April 2025, a total of 194 properties were scheduled to go under the hammer in Victoria. There were 61 homes sold at auction that week, with 21 homes sold prior to auction, 3 sold after and 28 homes passed in. According to data from realestate.com.au, there was a clearance rate of 60%. If you have already found a property you are interested in and would like a …
Good Friday Rental Market Update
Checking up on the state of the rental market this Good Friday, and the news isn't necessarily good for Victoria's property investors or tenants. Since Victoria's rental property taskforce was established in March last year, online complaints to the taskforce have exceeded 500. Consumer Affairs have issued orders to un-compliant Melbourne landlords to remedy breaches of the 130 reforms the …
We Love Our Happy Clients – Eva and Mark
We love hearing what our happy clients have to say about their experience with Chamberlain Property Advocates. We helped Eva and Mark buy an off market property in Melbourne. Here is what they had to say: "[We found the process] quick and easy! Just an incredible experience. Wendy does everything for you, you just have to say yes, and it’s all done. No messing around. Absolutely, we …
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Melbourne Weekend Auction Results
For the week ending the 13th April 2025, a total of 482 properties were scheduled to go under the hammer in Victoria. There were 323 homes sold at auction that week, with 94 homes sold prior to auction, 1 sold after and 64 homes passed in. According to data from reiv.com.au, there was a clearance rate of 87%. If you have already found a property you are interested in and would like a …
March 2025 Quarterly Results
The REIV were finally able to report positive median price growth across Victoria's metropolitan and regional property markets during the March quarter, something Victoria hasn't experienced since December 2021. Following declines in the December 2024 quarter, March saw median house prices rise 2.7% and 1.2% respectively in metropolitan and regional Victoria. Units and apartments also rose 0.9% …
Melbourne Weekend Auction Results
For the week ending the 6th April 2025, a total of 902 properties were scheduled to go under the hammer in Victoria. There were 548 homes sold at auction that week, with 222 homes sold prior to auction, 2 sold after and 130 homes passed in. According to data from reiv.com.au, there was a clearance rate of 86%. If you have already found a property you are interested in and would like a …
The Federal Budget’s Impact on Victorian Real Estate
As expected, Australia's housing crisis was a focal point in last week's Federal Budget announcement. In an effort to make housing more affordable for all Australians, the budget proposes changes to the Commonwealth Help To Buy scheme, support for the construction of more new homes and restrictions to foreign investment in residential housing. Extensive revisions to the Help To Buy scheme …
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We Love Our Happy Clients – Cameron and Amanda
We love hearing what our happy clients have to say about their experience with Chamberlain Property Advocates. We helped Cameron and Amanda buy a property in Melbourne. Here is what they had to say: "We loved working with Wendy. Could not have found a perfect home without her. We really struggled trying to not only identify homes that fit our budget and style but trying to understand a …
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RBA Leaves Interest Rates On Hold
April Fool's Day didn't see a repeat of the Reserve Bank's interest rate cuts in February, as they announced that the official cash rate will remain unchanged at 4.10 per cent. In a statement released today, the RBA cited uncertain outlooks and a commitment to returning inflation to target levels as the reasons behind their decision. "There are notable uncertainties about the outlook for …
Melbourne Weekend Auction Results
For the week ending the 30th March 2025, a total of 780 properties were scheduled to go under the hammer in Victoria. There were 438 homes sold at auction that week, with 188 homes sold prior to auction, 2 sold after and 152 homes passed in. According to data from reiv.com.au, there was a clearance rate of 81%. If you have already found a property you are interested in and would like a …
