We've not seen interest rates this high since 2012, but the RBA has raised them once again this month by 0.25 of a percentage point, with official interest rates now at 4.1%. The bank's board decided to lift the cash rate target for the second month in a row, amid concerns inflation is taking too long to come down. Reserve Bank governor Philip Lowe again sounded a warning about the rising …
Melbourne Weekend Auction Results
For the week ending the 3 June 2023, a total of 550 houses were scheduled to go under the hammer in Victoria. There were 328 homes sold at auction this week, with 114 homes passed in and 108 homes that 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 interested in and would like …
Why the housing crisis is about to get worse…
This week the Victorian Government announced it's State budget and it is bad news for both property investors and renters alike. After locking people in their homes for months on end and amassing a multi-billion dollar lockdown debt in the process, the Victorian government now expects rental providers aka landlords to foot the bill for a debt hole dug solely thanks to mismanagement by this …
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We Love Our Happy Clients – Rosie
We love hearing what our happy clients have to say about their experience with Chamberlain Property Advocates. We helped Rosie purchase her first home. This is what she had to say: "I had an excellent experience with Wendy. The service and support she provides is comprehensive and invaluable when considering something as important as purchasing a house. Wendy was both diligent and …
Melbourne Weekend Auction Results
For the week ending the 27th May 2023, a total of 785 houses were scheduled to go under the hammer in Victoria. There were 453 homes sold at auction this week, with 157 homes passed in and 173 homes that sold prior to auction. According to data from the Real Estate Institute of Victoria, there was a clearance rate of 80%. If you have already found a property you are interested in and would …
Victorian renters hit as state budget announced
The Real Estate Institute of Victoria (REIV) has today criticised the land tax increases announced in the State Budget, saying they will only worsen the current rental crisis facing Victorians. Quentin Kilian, CEO, REIV, said the decision is a backward step that fails to address the shortage of affordable rental housing that’s impacting Victorian renters. “This is a tax on families – not the …
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We Love Our Happy Clients – Candece
We love hearing what our happy clients have to say about their experience with Chamberlain Property Advocates. We helped Candece purchase her first home. This is what she had to say: "The best decision I made when looking at purchasing a property was having Wendy on my side. She is friendly, a great communicator, professional and made the whole experience less daunting. As a first home …
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Melbourne Weekend Auction Results
For the week ending the 20th May 2023, a total of 604 houses were scheduled to go under the hammer in Victoria. There were 350 homes sold at auction this week, with 124 homes passed in and 130 homes that 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 interested in and would …
We’ve answered your questions!
As a Buyer's and Seller's Advocate who's helped many people to buy and sell property over the years, I've been asked a lot of questions about how it all works. If you're looking to buy your first home, searching for your next one, or planning to sell your home, you might be feeling that uneasiness that comes from not knowing what you don't know. Take a moment to relax. It's not as …
We Love Our Happy Clients – Robyn
We love hearing what our happy clients have to say about their experience with Chamberlain Property Advocates. We helped Robyn purchase her home off-market. This is what she had to say: "Relocating to Melbourne and buying my first home was daunting to say the least. After looking on my own for a few months and narrowing down what I was after, I decided to get a buyers advocate to help. …
