Chamberlain Property Advocates
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Tomorrow's federal election is likely to bring about a new approach from a Coalition government or the continued rollout of the current Labor government's housing policies in the following key areas: Housing Supply Labor remain committed to their National Housing Accord target of building 1.2 million homes by 2029 as well as the continuation of their Housing Australia Future Fund …
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Economists suggest we can expect to see rising activity in the Melbourne and Sydney property markets this year, prompted by anticipated interest rate cuts. Based on the likelihood of multiple rate cuts by the Reserve Bank of Australia throughout 2025, brokers are predicting a boom in Sydney and Melbourne's property markets with renewed buyer interest across the inner to middle city suburbs. …
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Checking up on the state of the rental market this Good Friday, and the news isn't necessarily good for Victoria's property investors or renters. Since Victoria's rental property taskforce was established in March last year, online complaints to the taskforce have exceeded 500. Consumer Affairs have issued orders to un-compliant Melbourne rental providers to remedy breaches of the 130 reforms …
The REIV were finally able to report positive median price growth across Victoria's metropolitan and regional property markets during the March quarter, something Victoria hasn't experienced since December 2021. Following declines in the December 2024 quarter, March saw median house prices rise 2.7% and 1.2% respectively in metropolitan and regional Victoria. Units and apartments also rose 0.9% …
As expected, Australia's housing crisis was a focal point in last week's Federal Budget announcement. In an effort to make housing more affordable for all Australians, the budget proposes changes to the Commonwealth Help To Buy scheme, support for the construction of more new homes and restrictions to foreign investment in residential housing. Extensive revisions to the Help To Buy scheme …
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With another RBA cash rate decision pending next week, its a good time to take a snapshot of the Victorian property market so far this year. The Real Estate Institute of Victoria apply a Residential Market Index (RMX) to measure property price movement over time. As at 23 March 2025 the RMX was 162.10, dropping 1% from 23 February 2025. As an annual comparison, Victoria's RMX was 165.50 as at …
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It's good news for Melbourne's high end property market this month, with recent reports from Corelogic showing upper quartile property values increased during February. Nationally, capital city top quartile home values rose 0.2% in February, in stark contrast to a 0.3% decline in January. Corelogic economists say Melbourne, Sydney and Hobart's top quartiles recorded the strongest growth …
The Housing Statement Reform Bill has been passed in the Victorian Parliament, with the new laws to come into effect in November. Additional reforms to the bill, which has a heavy focus on protecting the rights of Victoria's renters, were announced last October. These will be introduced in the form of a new bill towards the end of the year. The Bill is set to significantly impact Victoria's …
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Every homeowner needs to be mindful of the regular maintenance that should be carried out as the cooler months approach. While spring cleaning usually occurs inside the home, autumn is the perfect time to get everything ship-shape outside the home, before winter hits. Clean Gutters Blocked gutters can cause extensive water damage to your home. If you live in a leafy area, check your gutters …
If your property goals involve buying a first home, an upsized or downsized home, or an investment property in 2025, you'll find this recent article on realestate.com.au super informative. Industry professionals including Wendy Chamberlain share their insight into navigating the 2025 property market to maximise your chance of success. Tips for first home buyers include: If you are …
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