Chamberlain Property Advocates
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Melbourne might host the highest number of property auctions in the country but it has some of the worst practices, leaving sellers and buyers at risk of losing thousands of dollars. Real estate experts are calling on the Victorian government to tighten regulations around auction processes in order to protect buyers and sellers from disingenuous bidding practices. While bidders in the other …
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Domain's House Price Report for the June quarter showed some significant rises and falls to median house prices across a range of suburbs - some not necessarily where you might expect. Family buyers seeking affordable suburbs may have contributed to increased median prices in suburbs such as Keilor, which saw the biggest increase of 20% to reach a median price of $1.20 …
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There has been plenty of rhetoric around the Victorian Government's proposed minimum rental standards over the past couple of months, with REIV's CEO Kelly Ryan the latest to chime in. The controversial proposal - which is open for consultation - imposes potentially impactful changes on landlords during a period when the rental market is already under significant stress. The proposed changes …
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Across Melbourne buyer advocates are reporting increased enquiries from Sydney home buyers looking to purchase a home or an investment property in Melbourne. The Melbourne real estate market is attracting Sydney property buyers who are priced out of the Sydney market and find Melbourne property prices infinitely more affordable. The Domain House Price Report for June indicated that Sydney …
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It's the end of an era which may have some home owners feeling a little nostalgic... The Torrens system of land titles was first introduced in South Australia in 1858, with Victoria recorded as one of the first states to adopt it. But 166 years later, it's all changed. As of August 2024, all new property titles in Victoria are now being issued in electronic format as we move to a fully …
Victoria continued to buck the national trend of escalating property values according to the Real Estate Institute of Victoria, with the June quarter showing a slight drop in median house prices across the metropolitan Melbourne area. House prices in Melbourne fell 1.5% in the June quarter, taking the median house price to $912,000. Units in Melbourne fell 0.1% to reach a median price of …
When it's cold and rainy outside, Saturdays are better spent indoors - snuggled on the couch with a steamy latte and the footy on TV, right? Wrong! In fact, studies show that cold, wet, wintery days are the ideal time for serious house buyers to find their perfect home at a good price. See why you should get off the couch, pop on your beanie and head out to a few open inspections …
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The Victorian Government has proposed changes to rental standards which could negatively impact the rental market even further, with significant costs potentially in store for landlords. In a media statement released by the Real Estate Institute of Victoria, proposed changes outlined by the government include introducing minimum standards for energy efficiency and safety in rental …
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When the property market is experiencing low stock and demand is high, auction numbers ramp up as strong competition helps vendors to get the best result. But many buyers dislike auction - the crowds, the frenetic pace, the uncertainty and the pressure. If that's you, these tips shared by real estate experts with The New Daily will guide you towards being a confident and successful …
As the 2023/2024 financial year closed, we saw plenty of movement in the real estate market throughout the previous 12 months. Across the nation home prices rose by 5.9% during the 2023/2024 FY according to a report by realestate.com.au, due to high demand and low stock in most capital cities. Melbourne saw 0.8% price growth during the period, with 3% to 6% growth forecast for the …
