🏠, Is Property Investing Still A Good Idea? Melbourne Landlords Don't Think So.

Published: Sat, 10/21/23

Hi ,

A recent article published on realestate.com revealed an alarming trend - one in four Melbourne landlords have sold an investment property in the last year, leaving Melbourne ranked as the second worst capital city to invest in property.

While the trend is nationwide, only Hobart beats Melbourne for the bottom spot, as an estimated 217,000 properties have been sold by investors across Australia during the past year.

The blame is laid fairly and squarely on rising interest rates, as increased loan repayments contribute to numbers that no longer stack up for investors, along with the rising cost of property taxes and recent changes to tenancy legislation.

However, the high demand for rental properties means it can still be a great time to buy an investment property IF you nail the location and the numbers stack up. Investors should take into account factors such as potential capital growth, rental return and cash flow, ongoing holding costs and future saleability.

Looking to buy an investment property in Melbourne? Ask about our buyer advocacy service where we provide you with trusted impartial advice and guidance, and MAKE IT EASY to enjoy a smooth and easy pathway to home ownership.

Read about our buyers advocate service

To book a free 20-minute consultation, simply click here and choose a time convenient to you.

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Buying your first property is a big deal! For many the process is quite daunting, from finding the right property and making a suitable offer to hiring a trustworthy building inspector and engaging a good conveyancer or lawyer to organise the settlement.

Wouldn't that be easier after preparing yourself with a program that tells you everything you need to know? Of course it would!

All your questions are answered in our comprehensive new program. Click below to read more.

Your Guide To Getting Started In Property

In a market like this one, I’d want someone in my corner that I could trust, representing my best interests.

Would you?

We are here to help.

Need a hand? Contact Wendy here

Timing is everything!

If you're buying and selling in the same market, one of the trickiest things to negotiate is the timing. What if your house sells before you've found another one? But if you buy first, how can you be sure your house will sell for the amount you need? In that situation there is no-one better to have on your team than an independent property advocate who is an expert in both buying and selling property.

See How A Property Advocate Can Help

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 Tony sell his home, here's what he had to say:

"I was really happy with Wendy’s assistance and help. She guided me through the whole process, everything from renovating the apartment, to looking at what needs to be done to achieve the best market price. Negotiating with the agent made it so much easier for me and we achieved a really great result on the day of the auction. I was really happy with everything that Wendy did and I would highly recommend her services."

Tony.

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

Hear what our other happy clients have to say

Wendy's Tips

One of the things that I do get asked when I'm working with a client who's selling a home is, should they stage the home? My suggestion is yes, the reason being that most buyers can't visualize themselves in a space without there being furniture in the home.

They don't know where the couch is going to go. They don't know whether their bed or their dining suite is going to fit. So there is a huge benefit to putting that space to use by the strategic placement of staging furniture - it's well worth the investment.

Wendy Chamberlain, Buyer's Advocate

Wendy In The Media

Did you catch Wendy speaking to Dhea Bartlett on Brava Wise Women Wednesday recently? Click below if you missed it.

Listen to the interview here

Where is Wendy speaking next?

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

Find out how to listen here

When you're buying or selling property, whether it's a home or an investment, you need a friendly face by your side. Someone highly experienced like Wendy, who is impartial and independent of the process, and has YOUR best interests at heart.

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!

We'd love to help and make things easy for you too.

With gratitude,

GPO Box 2000
Melbourne VIC 3001
AUSTRALIA

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