by Wendy Chamberlain | Aug 19, 2018 | Auctions
Melbourne’s auction clearance rate further dropped on Saturday to a low of 54 percent from last weekend’s 58 percent. This was despite a higher number of scheduled auctions 771 compared to the previous week’s 642. The number of reported auctions was...
by Wendy Chamberlain | Aug 17, 2018 | Buying a Home
The proposed changes in Victoria’s rental laws are now being tackled in Parliament. The Andrews government released details of the amendments last week and several provisions are expected to go unopposed. Some provisions that are sure to be approved include the...
by Wendy Chamberlain | Aug 14, 2018 | Buying a Home
Already using Social Media? Follow ChamberlainAdvocates.com.au for the latest about tips and tricks when it comes to buying a home and hiring a buyers advocate. Today marked two years since the Reserve Bank of Australia has moved interest rates and its record-breaking...
by Wendy Chamberlain | Aug 12, 2018 | Auctions
Melbourne’s auction market remains to be slow performing with a clearance rate below 60 percent. Over the rainy and windy weekend, it recorded a 58 percent clearance rate. The number of scheduled auctions was 642. The number of reported auctions was 492 while...
by Wendy Chamberlain | Jul 31, 2018 | Buying a Home
In real estate, negative gearing is when the cost of buying and maintaining an investment property is higher than the income you gain from it. With this loss, it is then possible to offset the income you earn thereby allowing you to pay less tax on the property. For a...
