For the week ending the 17th November 2024, a total of 738 properties were scheduled to go under the hammer in Victoria. There were 421 homes sold at auction this week, with 190 homes passed in, 2 homes sold after and 125 homes sold prior to auction. According to data from the Real Estate Institute of Victoria, there was a clearance rate of 74%. If you have already found a property you …
Six Melbourne Suburbs Have Boomed This Year. Is Yours On The List?
An interesting article by Realestate.com.au recently revealed that the median value of almost 280 suburbs across Australia grew by over $205,000 in the past year, according to research by Proptrack. While median prices in Melbourne have only changed marginally in comparison to Sydney, Brisbane, Perth and Adelaide, there were six Melbourne suburbs that enjoyed significant increases to …
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We Love Our Happy Clients – Roslyn and Paul
We love hearing what our happy clients have to say about their experience with Chamberlain Property Advocates. We helped Roslyn and Paul sell a home! Here is what they had to say: "We’ve been working with Wendy to sell our house. It’s been a pleasure working with Wendy. She’s helpful, negotiating with the new purchasers has made life a dream for us. Wendy’s been supporting us with phone …
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Melbourne Weekend Auction Results
For the week ending the 10th November 2024, a total of 782 properties were scheduled to go under the hammer in Victoria. There were 411 homes sold at auction this week, with 182 homes passed in, and 189 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 you are interested in and …
REIV Support For Stamp Duty Reform
Relief is in sight for home buyers purchasing off-the-plan units, apartments or townhouses with the Victorian Government's plan to offer uncapped stamp duty concessions to ALL buyers of off-the-plan strata properties in Victoria. REIV CEO Kelly Ryan hopes this is the first step in comprehensive stamp duty reform, with tax concessions introduced to incentivise investors and stimulate more …
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 a home! Here is what they had to say: "So 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. We bought a home off market. That’s the best part! We would never …
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RBA Leaves Cash Rate On Hold, Again
We hope the Melbourne Cup brought you some joy today, because the Reserve Bank did not. The narrative remains unchanged... at today's meeting the Reserve Bank of Australia announced its decision to leave the cash rate unchanged at 4.35% yet again. While headline inflation has declined significantly and is expected to remain low for a period of time, underlying inflation remains too high …
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Melbourne Weekend Auction Results
For the week ending the 3rd November 2024, a total of 263 properties were scheduled to go under the hammer in Victoria. There were 166 homes sold at auction this week, with 56 homes passed in, 1 sold after auction and 40 homes sold prior to auction. According to data from the Real Estate Institute of Victoria, there was a clearance rate of 79%. If you have already found a property you are …
Quarterly Update on Median House Prices
Victorian property prices haven't experienced the same level of significant growth that many other states have seen in recent years, in fact there has been a decline both in metropolitan Melbourne and regional Victoria property values since 2021 and and 2022 respectively. Metropolitan Melbourne reached its peak of $1,135,500 in Q4 of 2021 before declining to $910,000 in Q4 2023. Since then, …
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We Love Our Happy Clients – Niha and Varun
We love hearing what our happy clients have to say about their experience with Chamberlain Property Advocates. We helped Niha and Varun buy a home! Here is what they had to say: "It was amazing working with Wendy because we are first home buyers. We really didn’t know where to start and Wendy was there with us all along the way and guided us, was patient with us because we thought we were …
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