🏠, Go Hard Or Go Home, Say Melbourne's First Home Buyers

Published: Sat, 09/30/23

Hi ,

PropTrack data analysts recently assessed the 20 top suburbs around the country that attracted the most email enquiries from first home buyers.

The analysis of email enquiries by first home buyers to agents on realestate.com.au during August showed that first home buyers around the country were most interested in units in the Melbourne CBD, followed by Parramatta in Sydney and Brisbane City.

The research indicates that Victorian first home buyers were the most actively engaged in the country, with ten out of the top twenty suburbs on the email enquiry list based in Victoria.

In the Top 20 Australian Suburbs, units in the Melbourne CBD took out the no.1 spot, followed by Point Cook (houses) at no.6, Tarneit (houses) at no.7, Craigieburn (houses) at no.8, Werribee (houses) at no.9, South Yarra (units) at no.10, Hawthorn (units) at no.14, Pakenham (houses) at no.15, Southbank (units) at no.19 and St Kilda (units) rounding out the list in 20th spot.

Escalating property prices and the repeated interest rate rises over the past year have made it increasingly difficult for first home buyers to get a foot in the door. Of the top 20 suburbs receiving email enquiries from first-home buyers, 60% were for units and the remainder for houses in outer suburbs, indicating first home buyers willingness to compromise on location or size.

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When it feels like the odds are stacked against you, information and education are your friends. So if negotiating the property market as a first home buyer is an uphill challenge, arm yourself with all the information you need to make wise decisions and purchase your ideal property without stressing. How? By checking out our new program, Get Started In Property.

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Sometimes it's not just where to buy, but what to buy!

Let's face it, there are many difficult decisions to be made when buying a home, not the least of which is what type of home to buy! If you're a first home buyer you might be considering a house and land package, perhaps a unit or apartment, or maybe a house in the outer suburbs. An experienced buyers advocate can help you with ALL the decisions involved in buying a home, so why not use that valuable resource?

Help For First Home Buyers

What our happy clients have to say...

We love hearing what our happy clients have to say about their experiences with Chamberlain Property Advocates. We helped Craig and Mirella buy their home, here's what they had to say:

"This has been four years in the making, getting our dream home. The last two weeks we’ve been with Wendy at Chamberlain’s and she made the process so much easier. Within 24 hours, we had a brand new house. Thanks so much, Wendy!

It was so much easier working with a buyer’s advocate. We’ve been looking for four years, we’ve been doing it ourselves and it was so much easier dealing with Wendy at Chamberlain’s. Experience, knowledge, relationships and contacts – she had them all. It just made it so much easier for us. We are so very happy! Thanks so much for your help, Wendy."

Craig and Mirella.

At Chamberlain Property Advocates, we find it immensely satisfying working with buying and selling clients alike. Let us help you too!

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Wendy's Tips

I'm often asked about Statements of Information under Victorian law.

Every property that comes on the market needs to have a Statement of Information prepared by the real estate agent. That is a document showing you comparable sales in the opinion of the agent, to give you an idea of where property price will sit.

So when you're online or on realestate.com, look for the Statement of Information or the agent price guide. You'll see any properties the agents think are comparable. They need to be sales within the last year, within two kilometers of the particular property that you're looking at. But remember that properties on different sides of the streets in a suburb can make a difference to price.

So have a look at a Statement of Information to gain insight into what a property might be selling for.

Wendy Chamberlain, Buyer's Advocate

Wendy In The Media

What's the one thing you must do before you start hunting for a house? Not sure? Daniel Butkovich seeks insight from Wendy Chamberlain in this article published on Domain.

Read the article here

Where is Wendy speaking next?

Wendy Chamberlain will be back speaking with Vilma Formosa on Midday Panorama on Friday 1st December at 12:10pm. Tune in!

Find out how to listen here

When your schedule is so busy that you just don't have time to check out endless open inspections in the hunt for your dream home, a buyers advocate can help. Who wouldn't like a little more time back in their day, and a property expert to filter out all the homes you really don't need to see so you can focus on the best ones?

Seeking the support and guidance of a buyers advocate is always a good idea. We help to take the stress out of buying and selling property! It always pays to have an expert in your corner.

Please call the office on 03 9686 2288, book a time to chat here or send an email to [email protected] and we can make a time for a confidential chat. Obligation free!

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With gratitude,

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Melbourne VIC 3001
AUSTRALIA

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