For the week ending the 13th May 2023, a total of 537 houses were scheduled to go under the hammer in Victoria. There were 330 homes sold at auction this week, with 108 homes passed in and 99 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 …
Where do you get your suburb info from?
Thousands of suburbs exist in Melbourne and those who want to learn more about them can always check online. Here are several websites you can use to research suburbs across Australia. Real Estate Australia Apart from providing information on properties for sale and rent, realestate.com.au features a neighbourhoods section where people can research on the various suburbs in the different …
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We Love Our Happy Clients – Lachlan & Courtney
We love hearing what our happy clients have to say about their experience with Chamberlain Property Advocates. We helped Lachlan and Courtney purchase their home at auction. This is what they had to say: "Working with Wendy has been great in terms of helping us secure our first home. She helped us along the way with every step of the process, whether or not it was very last minute, …
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Melbourne Weekend Auction Results
For the week ending the 6th May 2023, a total of 489 houses were scheduled to go under the hammer in Victoria. There were 295 homes sold at auction this week, with 110 homes passed in and 84 homes that sold prior to auction. According to data from the Real Estate Institute of Victoria, there was a clearance rate of 78%. If you have already found a property you are interested in and would like …
Buyer whiplash!
New data shows that an average of 6.1% of homes nationally are re-listed within two years of purchase. Why? Whilst Victoria's rates are the second lowest, coming in at 4.3%, the top reason for homeowners re-listing their property within two years is relocation, closely followed by financial stress, such as being unable to keep up with mortgage repayments and selling to avoid defaulting on their …
We Love Our Happy Clients – Adriane
We love hearing what our happy clients have to say about their experience with Chamberlain Property Advocates. We helped Adriane purchase her home. This is what she had to say: "We are so happy we made the decision to use Wendy to help us find a home. After looking for years, and feeling frustrated and overwhelmed by the prospect of buying a property – with Wendy we had purchased a …
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RBA’s latest interest rate hike catches banks and borrowers by surprise
The Reserve Bank of Australia (RBA) has shocked borrowers and financial markets by resuming interest rate rises after a one-off pause last month. It has lifted its cash rate target from 3.6 to 3.85 per cent, marking the 11th increase in the space of a year. How could it come up with that decision given what it said in April and the new data we have seen since then? Last month, when the RBA …
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Melbourne Weekend Auction Results
For the week ending the 29th April 2023, a total of 610 houses were scheduled to go under the hammer in Victoria. There were 385 homes sold at auction this week, with 134 homes passed in and 90 homes that sold prior to auction. According to data from the Real Estate Institute of Victoria, there was a clearance rate of 78%. If you have already found a property you are interested in and would …
Pockets of opportunity still exist if you know where to look!
We are in such an interesting market right now. It is one of flux where buyers and sellers are navigating many mixed messages. So how do you sift through what is the right information that suits your circumstances and what your next move needs to be? You do your own research and due diligence or you tap into the knowledge, expertise and experience of industry professionals …
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We Love Our Happy Clients – Jonathan & Ran
We love hearing what our happy clients have to say about their experience with Chamberlain Property Advocates. We helped Jonathan & Ran purchase their home. This is what they had to say: "Initially, I spent months on housing hunting and got blamed from my partner for “Nothing has been achieved”.After I got in touch with Wendy, she found a house for us through private sale within 7 …
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