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 …
We Love Our Happy Clients – Eva and Mark
We love hearing what our happy clients have to say about their experience with Chamberlain Property Advocates. We helped Eva and Mark buy an off market property in Melbourne. Here is what they had to say: "[We found the process] quick and easy! Just an incredible experience. Wendy does everything for you, you just have to say yes, and it’s all done. No messing around. Absolutely, we …
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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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We Love Our Happy Clients – Cameron and Amanda
We love hearing what our happy clients have to say about their experience with Chamberlain Property Advocates. We helped Cameron and Amanda buy a property in Melbourne. Here is what they had to say: "We loved working with Wendy. Could not have found a perfect home without her. We really struggled trying to not only identify homes that fit our budget and style but trying to understand a …
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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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We Love Our Happy Clients – Brendan
We love hearing what our happy clients have to say about their experience with Chamberlain Property Advocates. We helped Brendan buy a property in Melbourne. Here is what he had to say: "Wendy and Brooke were fantastic to work with. We received a few off market opportunities but ended up purchasing something that we absolutely love, that was on market. The due diligence in understanding …
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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 …
We Love Our Happy Clients – Rhys
We love hearing what our happy clients have to say about their experience with Chamberlain Property Advocates. We helped Rhys buy an off-market property in Melbourne. Here is what hey had to say: "Wendy provided an exceptional service and made the whole process so much easer. It was a real comfort working with a professional who I could trust to steer me in the right direction. She …
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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