Chamberlain Property Advocates
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The week ending 31st October delivered a clearance rate of 85% from the 1088 auctions reported for the period (based on REIV data). At the same time last year, there were 489 auctions reported. 633 homes sold at auction last week and another 289 sold prior to auction, with 164 passed in. 48 properties were withdrawn from sale and 111 auctions were postponed. It is great to see that the …
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The week ending 24th October delivered a clearance rate of 90% from the 968 auctions reported for the period (based on REIV data). At the same time last year, there were 371 auctions reported. 575 homes sold at auction last week and another 292 sold prior to auction, with 93 passed in. 52 properties were withdrawn from sale and 116 auctions were postponed. It is great to see that the …
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The trend of paying a premium for properties in sought after public school zones is nothing new. However, due to the pandemic and continued harsh lockdowns, more and more disheartened families are yearning to abandon Melbourne for a sea or tree-change. This has seen a sharp increase in home prices within popular school zones. For instance, some parts of Mount Eliza have seen property prices …
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The week ending 17th October delivered a clearance rate of 88% from the 911 auctions reported for the period (based on REIV data). At the same time last year, there were just 149 auctions reported. 524 homes sold at auction last week and another 273 sold prior to auction, with 108 passed in. 36 properties were withdrawn from sale and 96 auctions were postponed. With the property market …
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The week ending 10th October delivered a clearance rate of 86% from the 875 auctions reported for the period (based on REIV data). At the same time last year, there were just 41 auctions reported. 526 homes sold at auction last week and another 222 sold prior to auction, with 125 passed in. 26 properties were withdrawn from sale and 94 auctions were postponed. It is great to see that the …
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The week ending 3rd August delivered a clearance rate of 92% from the 560 auctions reported for the period (based on REIV data). At the same time last year, there were just 34 auctions reported. 392 homes sold at auction last week and another 120 sold prior to auction, with 46 passed in. 27 properties were withdrawn from sale and 104 auctions were postponed. If you're considering …
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The week ending 26th September delivered a clearance rate of 92% from the 185 auctions reported for the period (based on REIV data). At the same time last year, there were just 21 auctions reported. 118 homes sold at auction last week and another 52 sold prior to auction, with 15 passed in. 23 properties were withdrawn from sale and 139 auctions were postponed. This week we profiled the …
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As open for inspection restrictions eased somewhat for the first weekend in almost two months, the week ending 19th September delivered a clearance rate of 95% from the 208 auctions reported for the period (based on REIV data). At the same time last year, there were just 17 auctions reported. 84 homes sold at auction last week and another 79 sold prior to auction, with 8 passed in. 75 …
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As announced by Premier Daniel Andrews last week, the easing of lockdown restrictions in Regional Victoria, sees house inspections and auctions resuming once again for them. Unfortunately, Greater Shepparton must remain patient for a little while longer as outlined in a recent article by Nathan Mawby. This is welcome news for Regional Victoria's property market as well as for buyers, sellers, …
As Victoria closes in on its first dose vaccination target of 70 per cent, Premier Daniel Andrews has advised of some easing of restrictions in metropolitan Melbourne as of 11:59pm Friday 17 September. Of significant importance to the real estate industry, is that inspections will resume by appointment only. To ensure they’re COVIDSafe, only people from the same household can attend the …
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