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 tenants. 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 landlords to remedy breaches of the 130 reforms the …
March 2025 Quarterly Results
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% …
The Federal Budget’s Impact on Victorian Real Estate
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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Property Market Snapshot As At March 2025
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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Top Quartile Home Values Increase
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 …
Victorian Parliament Passes the Housing Statement Reform Bill
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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Autumn Home Maintenance Tips
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 …
Expert Tips For Buying Property in 2025
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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Romancing The Home: Tips For Creating A Loved-Up Interior
How was your Valentines Day? Was there plenty of romance or was there more fizzle than sizzle? If Cupid's arrow seemed to be off target it may be your home that is the problem. The practice of feng shui identifies the far south west corner of your home as the 'love and relationships' area, so maybe these tips and tricks will bring more love and romance into your home and life. Regardless …
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Hottest Interior Design Trends For 2025
Does the start of a new year have you itching to get stuck into a home makeover? If your décor feels a little out of touch, these are the top five interior design trends for 2025. We kicked off 2025 with a new-look brand refresh ourselves. You might spot a few more curves, colour and personality in the Chamberlain Property Advocates brand from here on in! Chat to us about …
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