For the week ending the 10th September 2023, a total of 669 properties were scheduled to go under the hammer in Victoria. There were 379 homes sold at auction this week, with 161 homes passed in, and 129 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 …
Why Are Home Buyers and Sellers Now Feeling Less Stressed?
If you've been searching for a home to buy in recent months you may have been frustrated by the lack of stock. Home owners probably don't need to be told that market uncertainty has been established as the leading cause of low sales volumes. Naturally, when the future looks uncertain and our financial security is threatened, we hunker down and play it safe until we can see some positivity …
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We Love Our Happy Clients – Lachlan and Courtney
We love hearing what our happy clients have to say about their experience with Chamberlain Property Advocates. We helped Lachlan and Courtney buy their first home. Here is what they had to say: "Working with Wendy has been great in terms of helping us secure our first home. Helped us along the way with every step of the process, whether or not it was very last minute, which it often was …
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RBA Holds Interest Rates Steady
Today's decision by the RBA to leave the cash rate unchanged at 4.10% eases the pressure on mortgage holders for the third consecutive month. Reserve Bank Governor Philip Lowe said inflation has passed its peak as the monthly CPI indicator continues to decline. Mr Lowe advised that the Board remains committed to lowering inflation and will continue to pay close attention to the global economy, …
Melbourne Weekend Auction Results
For the week ending the 3rd September 2023, a total of 682 properties were scheduled to go under the hammer in Victoria. There were 366 homes sold at auction this week, with 176 homes passed in, and 140 homes that 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 are …
Home Staging – Why We Love It AND Hate It
Home staging, also known as property styling, is a property marketing concept that has become increasingly popular in recent years. Styling a property for sale makes sense. Just as you might have your car detailed before selling it, your home should also be shown in its best possible light. In fact, home staging is fast becoming a marketing tool as effective and important as photos, videos and …
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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 their property. 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 out budget and style but trying to understand a market …
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Melbourne Weekend Auction Results
For the week ending the 27th August 2023, a total of 715 properties were scheduled to go under the hammer in Victoria. There were 400 homes sold at auction this week, with 181 homes passed in, and 134 homes that 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 …
Stressed About Your Fixed Rate Changing To Variable Soon? We Can Help!
If your fixed rate mortgage term is coming to an end and the switch to variable rates is looming, you may be feeling quite worried about how your budget will cope. Borrowers with a $750K mortgage are paying on average a hefty $1,900 per month more than they were in May last year. Coupled with rising inflation, many home owners are certainly feeling the pinch right now. Perhaps …
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We Love Our Happy Clients – Stuart
We love hearing what our happy clients have to say about their experience with Chamberlain Property Advocates. We helped Stuart buy his property. Here is what he had to say: "Working with Wendy was an excellent experience. It made the process so much simpler than it would have been by myself. Taking advantage of all the contacts she has as well made the connections with the right people …