Chamberlain Property Advocates
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Melbourne recorded a 53 percent clearance rate over the weekend. The clearance rate was down from last weekend's 56 percent. The total auctions was 82 while the confirmed results was 39. The number of properties sold was 36 with 19 being passed in. Total sales amounted to more than $22,035,000 while the median price in the area was pegged at $775,000. Public auctions resumed on Saturday …
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The Reserve Bank of Australia has kept on hold the official cash interest rate at its lowest level of 0.25 percent. The decision was unanimously expected by analysts. RBA Governor Philip Lowe said the country continues to face a difficult period and the outlook remains uncertain at this time. He cited the sharp rise in unemployment as many lost their jobs and financial markets have not …
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Buying a property in Cranbourne can be a daunting and difficult process. For many of us, it is something we only do a few times in our lives. A buyers advocate (also known as a buyers agent or property finder) can be an enormous help to make it easy to buy a home or investment property by: removing the stress and frustration of buying a home saving you time and allowing you to get your …
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The Reserve Bank of Australia has decided to keep the latest record level cash interest rate of 0.25 percent. This is in response to the the corona virus pandemic that has been affecting global economies. RBA Governor Philip Lowe said the pandemic remains a major public health issue and many countries are expected to suffer the consequences. Increases in unemployment is just one of them. He …
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Buying a property in Ashburton can be a daunting and difficult process. For many of us, it is something we only do a few times in our lives. A buyers advocate (also known as a buyers agent or property finder) can be an enormous help to make it easy to buy a home or investment property by: removing the stress and frustration of buying a home saving you time and allowing you to get your …
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We are open and here to support you. As we all navigate this uncertain time, please rest assured that we are here to help with your property needs, whatever they may be. We remain your independent voice, to always support the best interests of you, our clients. Whether buying your first home, moving to your next or selling, we are here to make it easy for you. Just reach out …
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The Reserve Bank of Australia has decided to further cut the cash interest rate to its record low of 0.25 percent. This is to help prevent a recession in the country caused by the corona virus pandemic. The RBA revealed the currency has lost 20 percent this year. RBA Governor Philip Lowe said the aim of their decision is to help stabilize the economy and manage monetary and fiscal policies to …
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Residents of Australia who live abroad will no longer be able to enjoy capital gains tax (CGT) exemption on their family home. This is after the Australian Parliament passed new laws that changed certain policies on the CGT. More than 100,000 Australian expats are expected to be affected by these new laws. On the other hand, the government is expected to generate $581 million from these taxes. …
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Many first home buyers in Melbourne are still relying on their parents to get into the property ladder. New research has found that more than a third of parents in Victoria provide up to $50,000 in assistance to their children. Data from Mozo.com.au revealed that 37 percent of parents helped provide deposit or acted as a guarantor on a home loan while their children continue to live with them. …
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The Reserve Bank of Australia today decided to further reduce the current official cash interest rate by another 0.25 basis points. This makes the new 0.50 percent rate the new historic low after the last cut in October 2019. The rate has been kept on hold since its last point cut in October. The decision was also in support of the global coronavirus outbreak which has affected many economies …
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