real estate bricks

Purplebricks exit no surprise to those in real estate

Purplebricks is to exit Australia after 2.5 years. I don’t think too many in the real estate industry are going to be surprised by this news. It just goes to show the importance of understanding your market and target audience, which is where I think Purplebricks missed the mark. I know that as a buyer’s[…]

RBA announce rates prior to upcoming election

Despite much anticipation the RBA has decided they will keep rates on hold for another month, announced less than a fortnight out from the federal election. A record low cash rate of 1.5% has now been held since August 2016, although money market traders do not expect it to remain there much longer. It has[…]

The suburbs most popular for Victorian first-home buyers

Buyers and sellers advocate Wendy Chamberlain from Chamberlain Property Advocates has spoken to Domain regarding Melbourne’s first home buyer’s preference towards buying homes closer to Melbourne CBD, shunning long commutes. “Wendy Chamberlain said she had noticed a move towards the northern suburbs over the past six to eight months. “They’re definitely buying based on a[…]

RBA’s budget day rates decision

Already using Social Media? Follow wendychamberlain.com.au for the latest about tips and tricks when it comes to buying a home and hiring a buyers advocate. The Reserve Bank of Australia delivered its verdict on interest rates for April 2019, just hours prior to the federal budget being handed down. Despite both economic growth and inflation continuing to[…]

Downsizers are selling their family home to buy city property and enjoy beach lifestyle

The Melbourne downsizers buying city properties to suit their beach lifestyle

Buyers and sellers advocate Wendy Chamberlain from Chamberlain Property Advocates has spoken to Domain regarding what is currently on Melbourne downsizers’ wish list. “I think there is a definite trend of downsizers buying a low-maintenance city base in Melbourne that offers them quick and easy access to freeways to escape down the coast as they[…]

Relisting for sale: Vendors change their approach as Melbourne house prices drop

As the Melbourne housing market weakens some home owners are dropping their asking prices or making minor updates in preparation to relisting properties that had previously failed to sell. Wendy Chamberlain has spoken to The Sunday Age regarding this topic. “I’ve been seeing this for the past 12 to 18 months where an agent will[…]

The reserve bank of Australia decides to keep rates on hold

RBA rates on hold for 29th consecutive month

The Royal Bank of Australia yesterday announced that interest rates will remain at 1.5 per cent, where it has sat ever since August 2016.   RBA governor Philip Lowe said the low interest rate would continue to support the economy: “Further progress in reducing unemployment and having inflation return to target is expected, although this[…]

couple at an auction reversed

Is what the media is telling you the whole truth?

  As I was preparing for my speaking spot on Midday Panorama (NorthWest FM radio) with Vilma Formosa, I found it interesting to compare how the different suburbs of Melbourne are faring.  What I discovered, of course, is a slightly different picture to what the media feeds you. You’re most likely reading that the Melbourne[…]

Guide to Buying Your First Home and the Role of a Buyers Advocate

Many first home buyers are overwhelmed about the property market when choosing to buy their first home. With no clear knowledge on the steps to take, they get disappointed not being able to find that dream home after weeks of searching or finding that the advertised price of the property they like has gone up[…]

Cost of Hiring a Buyers Advocate

Homebuying is tedious work as it takes time, research and a lot of paper work. As such, you have two options – do it on your own or get the help of a buyer’s advocate. The process of buying a home can be done without a hitch if one gets the services of a buyers[…]