Chamberlain Property Advocates
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Victoria's lockdown, which came into effect last Thursday at 11:59PM, brought significant disruption to the real estate sector, particularly given the abruptness of the announcement. Nevertheless, the auction clearance rate for the week ending 29th May was 93% according to REIV data. Prior to the lockdown announcement, last weekend was forecast to be "Melbourne's second-biggest …
Continue Reading about Melbourne Weekend Auction Results | 29th May 2021 →
The final weekend in April was another busy one for Victoria's real estate market, with 704 auctions reported and a clearance rate of 80% according to REIV data. Volume was more than 30% lower than the week before, which saw 1104 auctions across Victoria. The ANZAC Day long weekend generally brings lower volume to the market. While data is limited for the same period last year (due …
Continue Reading about Melbourne Weekend Auction Results | 24th April 2021 →
By now I'm sure you've started to hear the media reporting that house prices are on the rise. For the past quarter, Melbourne house prices jumped 4.1 per cent, with houses regaining almost half of the price falls that occurred during the recent downturn. For those of us immersed in all things real estate, out and about week in week out (and weekends!), we've seen the Melbourne market turning …
Continue Reading about Bidding at auction? Don’t make these mistakes. →
One way of buying a property in Australia is through an auction. With this option, the buyer has an opportunity to provide bids according to his or her budget. But bidding at property auctions requires certain skills and strategy. It is best that buyers come prepared and armed with a plan to help them succeed in buying their dream home. We share here tips you can use to prepare and …
Continue Reading about Tips for Preparing for and Bidding at Auction – Part I →
