Chamberlain Property Advocates | Your Melbourne Buyer & Sellers Advocate
Your Melbourne Buyer & Sellers Advocate
Amongst many other changes to our lives, the last two years have seen a re-evaluation of how much space and the type of accommodation we need. Considering the number of weeks in lockdown we have spent in our homes, particularly in Melbourne, a home office or study has become of key importance for buyers. For renovators and house flippers this should be a renovation priority right …
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On the 8th of October the Victorian government announced it is launching the Victorian Homebuyer Fund (VHF) - a $500 million “shared equity” scheme to try and help about 3000 people make their dream of becoming a home owner a reality. The VHF will be available to Australian over the age of 18 years who don‘t currently have an interest in a property and who meet the income …
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Whether your home needs a facelift or you are considering a refresh to sell it, there are little upgrades you can make that don’t cost a lot. Don’t underestimate the power of small fix ups like a fresh coat of paint, upgraded door handles, tapware, lighting fixtures or new cabinet handles. If your kitchen or bathroom surfaces are laminate, replacing them with a good quality …
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Despite the continued disruption of COVID-19 on the property market, house prices are set to increase by more than 20% over the next 12 months. This is the tip from the ANZ as reported by Kate Burke in a recent Domain article. This trend is expected to be encompass most States notwithstanding the lengthy periods of lockdown, particularly experienced both in Melbourne and Sydney. …
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With our 6th statewide lockdown having been extended with no firm end date in sight, the need to inspect a home to rent or buy for many people has reached a critical juncture. Many Victorians are at breaking point. I have created a petition to try and get in-person vacant home inspections happening again ASAP. Please click on the link below for further information and to …
We're always busy here at Chamberlain Property Advocates and lockdown periods are no exception. There's always work to do, even when restrictions prevent us from attending auctions and property inspections. The lengthy periods of lockdown we've experienced since mid-July have had a heavy impact on the real estate sector. We thought we'd share some insights into the challenges some buyers and …
Changes to school zones in 2022 are set to bring substantial increases to the value of homes that are suddenly cast into sought-after zones. While most school zones will remain unchanged, a number of them will be realigned to accommodate the "14 new schools and campuses opening next year, as well as changes in enrolment demand". These new schools are part of the State government's 100 New …
The effects of the pandemic on Australia's housing market has been relatively benign, as outlined in a report released this month by CoreLogic. Focusing particularly on Sydney and Melbourne, our two largest real estate markets, the report reveals that we've weathered the pandemic exceedingly well. Key factors that have underpinned this success include: generous and wide-reaching …
As the housing prices in Melbourne continue to fall, more older first home buyers are finding opportunities to purchase their own homes. Latest statistics shared by Herald Sun & realestate.com.au have confirmed. Figures from the State Revenue Office showed that the number of first home buyers aged 40 and above was almost the same as the younger ones aged 25 and below. From July 2018 to …
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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 progress is likely to be gradual," "Taking …
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