For the week ending the 24th September, a total of 885 houses were scheduled to go under the hammer in Victoria. There were 619 homes sold at auction this week, with 266 homes passed in and 143 homes that sold prior to auction. According to data from the Real Estate Institute of Victoria, there was a clearance rate of 70%. If you have already found a property you are interested in and …
Do you know the 3 most common methods of sale?
You have finally found the most perfect property. You have fallen in love with the house, land and lifestyle that you could have – you have even visualised where your furniture will be placed. But now you are faced in a bidding war against equally motivated buyers wanting to purchase YOUR dream property! This is yet another challenging scenario that …
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We Love Our Happy Clients – Geoff & Wendy
We love hearing what our happy clients have to say about their experiences with Chamberlain Property Advocates. We helped Geoff and Wendy sell their property. Here is what Geoff and Wendy had to say about working with Wendy and Chamberlain Property Advocates: "On the recommendation of someone, we entrusted Wendy Chamberlain to be our vendors advocate. We used Wendy’s wealth of knowledge …
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Melbourne Weekend Auction Results
For the week ending the 17th September, a total of 653 houses were scheduled to go under the hammer in Victoria. There were 352 homes sold at auction this week, with 195 homes passed in and 106 homes that sold prior to auction. According to data from the Real Estate Institute of Victoria, there was a clearance rate of 70%. If you have already found a property you are interested in and …
Queensland Land Tax Changes
As seen in the REIV newsletter last week, The Queensland government has recently passed a significant change to the way land tax is calculated on eligible real estate in Queensland. From 30 June 2023, the Queensland Government will use the total value of your Australian land. This includes your taxable land in Queensland and your relevant interstate land. REIV supports the REIA in opposing …
We love our happy clients – Subir & Susmita
We love hearing what our happy clients have to say about their experiences with Chamberlain Property Advocates. We helped Subir and Susmita purchase her first property. Here is what Subir and Susmita had to say about working with Wendy and Chamberlain Property Advocates:"We were looking for a place we could call our own and we reached out to Wendy Chamberlain. We have had an amazing …
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Melbourne Weekend Auction Results
For the week ending the 10th September, a total of 543 houses were scheduled to go under the hammer in Victoria. There were 282 homes sold at auction this week, with 168 homes passed in and 93 homes that sold prior to auction. According to data from the Real Estate Institute of Victoria, there was a clearance rate of 69%. If you have already found a property you are interested in and would …
Buyers are increasingly seeking a home with a study or second living space
Among many other changes post pandemic, buyers re-evaluating their buying criteria, particularly the space and rooms their dream property has. Considering the number of weeks in lockdown we have spent in our homes, particularly in Melbourne, a home office or study has become of key importance for buyers. For renovators and house flippers this should be a renovation priority right …
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We Love Our Happy Clients – Karla
We love hearing what our happy clients have to say about their experiences with Chamberlain Property Advocates. We helped Karla purchase her first property. Here is what Karla had to say about working with Wendy and Chamberlain Property Advocates:"Thank you so much Wendy and Jemma. I absolutely couldn't have done it without you both. You've all been an absolute godsend. I can't wait to move …
RBA rises interest rates at their fastest pace in three decades
At their monthly meeting this afternoon, the RBA has decided to further raise its cash rate by 50 basis points, taking it from 1.85% to 2.35%, it's fastest pace in three decades. Shane Oliver, Chief Economist at AMP, told news.com.au, "They've done five hikes in a row, four consecutive 0.5 per cent increases, it's the fastest tightening cycle since 1994." On top of that, Australia's 2.35 per cent …
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