Today's monthly interest rate meeting saw the Reserve Bank of Australia raise the current cash rate to 0.85%, returning to its highest level of since September 2019. This shock move also marks the first back-to-back rate rise in 12 years. In a statement, RBA's Governor Philip Lowe said "today's increase in the interest rates by the Board is a further step in the withdrawal of the extraordinary …
Melbourne Weekend Auction Results
For the week ending the 4th June, a total of 770 houses were scheduled to go under the hammer in Victoria. There were 536 homes sold at auction this week, with 234 homes passed in and 137 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 would like a …
Factors to consider in an Expression of Interest sale
Buying a house isn’t a straightforward process. There are a number of factors and things to consider before making an offer, but one thing most buyers don’t consider is the style of bidding or offer that needs to be presented. In Victoria, there are several styles of bidding or offers – auction, private sale, expression of interest and sale by set date. Each of these styles, come with a …
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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 with our bid at auction service. Here is what Karla had to say about her experience of working with a buyers advocate was like: "Thanks Wendy, it was such a good experience working with you! You helped with all the things I had no idea how to do myself, seeing you …
Melbourne Weekend Auction Results
For the week ending the 28th May, a total of 874 houses were scheduled to go under the hammer in Victoria. There were 603 homes sold at auction this week, with 271 homes passed in and 187 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 like a …
Six ways a Buyers Advocate can help you purchase a home
The key difference between a buyer's advocate and a real estate agent is who they represent. A real estate agent is acting on behalf of the seller, also known as the vendor. A buyer's advocate is acting purely on behalf of the buyer, working exclusively for them to achieve the very best outcome for their client. Here are 6 ways a buyer's advocate can work with you to find the right …
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We Love Our Happy Clients – Cheryl
We love hearing what our happy clients have to say about their experiences with Chamberlain Property Advocates. We helped Cheryl sell her home. Hear what Cheryl's experience of working with a seller's advocate was like: "After 30 years, I decided to sell my house. What a blessing it was to have been told of Wendy Chamberlain and the wonderful work she and her team do, as property …
The importance of getting a property inspected before buying
When it comes to buying a home, it is essential to recognise that you are responsible for much of what takes place. Once the transfer of ownership is complete, you are often liable for any pre-existing defects, including illegal alterations to the property. As Consumer Affairs Victoria (CAV) outlines on its Contracts and Disclosure Statements webpage, sellers must provide prospective buyers …
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Melbourne Weekend Auction Results
For the week ending the 21st May, a total of 432 houses were scheduled to go under the hammer in Victoria. There were 210 homes sold at auction this week, with 131 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 70%. If you have already found a property you are interested in and would like a …
We love our happy clients- Carly
We love it when we help our clients sell their property. Our client, Carly recently sold her property with the help of Chamberlain Property Advocates. Selling a property can be difficult, and getting all of your ducks in a row can be time consuming. This is where Chamberlain Property Advocates can help. Our experience, knowledge, relationships and contacts within the industry can help you …
