Chamberlain Property Advocates
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The Victorian government recently announced a statewide campaign to further educate landlords, agents and tenants on the minimum standards for rental properties. The move is applauded by the Real Estate Institute of Victoria, who have long been advocating for increased education and awareness of minimum rental standards in the property sector. In response to the government's …
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There's never a dull moment in the real estate world. Seriously, being involved in buying and selling property is a new and unpredictable experience... Every. Single. Time. There is so much happening behind the scenes that sometimes things get a little wobbly and go pear-shaped, which makes for interesting stories and great learning opportunities. Which is why hugely successful …
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Real estate comparison site GetAgent has analysed global search terms by second-home property buyers to determine the most popular cities in the world for purchasing a second property. Australia featured strongly in the list, with four Australian capital cities ranked in the top ten locations. In first place was Gold Coast, loved worldwide for its sunny surf beaches, warm weather and …
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Market researcher Suburbtrends recently released their April Rental Pain Index report based on March 2024 data. It highlights the tough - and worsening - market conditions facing tenants today. From the shortage of available rental properties and escalating rents, Victorian tenants are in extreme pain. The Index showed 386 locations across Victoria where the rental pain index (based on …
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Have you heard about Bondable? More than just a funky name, Bondable is an innovative new bond processing service designed to save thousands and streamline efficiencies in the tenant on-boarding and off-boarding processes. REIV President Jacob Caine recently announced REIV's support for the product created by Hutly and being trialled in Victoria over an 18 month period. The trial is also being …
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A new rental taskforce is being established by Victoria's Labor Government with the aim of cracking down on landlords and estate agents who are not complying with existing rental laws. Consumer Affairs Victoria (CAV) will incorporate the taskforce to be comprised of intelligence analysts, investigators and lawyers, while increasing their existing provisions for the reporting of potentially …
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The March quarter saw property prices set a new record according to the PropTrack Home Price Index Report for March 2024. Nationally, home prices rose 0.34% in value, an increase of 6.79% on March 2023 levels. All capital cities except Hobart recorded an increase during March 2024. A combined increase of 0.40% saw prices reach a new peak of 7.64% above the March 2023 levels. Melbourne …
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Most people find house auctions quite entertaining, unless they're having to bid! When you are moving from a position of mildly interested observer to emotionally invested bidder, you need to upskill yourself if you want to be the one who places the final bid. Experts suggest: Keen to delve further into auction bidding strategies? Click here to read more. Chat to us about …
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New legislation known as the Help To Buy Bill 2023 was passed in the House of Representatives on the 28th February 2024. In a statement released by the Minister for Housing, The Hon Julie Collins MP said the Help to Buy Bill will bring home ownership back into reach for 40,000 Australian households. Under this new legislation designed to help address the housing crisis, the government …
In September 2023 Victoria's Labor Government released a package of policies designed to overcome the statewide housing shortage and housing affordability problems. This 'Housing Statement' is being implemented in conjunction with the Albanese Government's goal to build 1.2 million dwellings nationwide. Victoria has the ambitious target of building 800,000 new homes across Victoria by 2034. …
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