REIV
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Credible, current data and insights to help you understand the Victorian property market. Take a look at the latest auction and private sales results, median prices, suburb profiles, vacancy rates and more.

All REIV market statistics are based on data reported directly by real estate professionals and government records. Report your results

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Auction Details here Click here for details.

659

Sold

197

Passed In

731

Total Auction Volume ($M)

473

Sold At Auction

184

Sold Before Auction

2

Sold After Auction

83

Withdrawn

66

Postponed

173

Not Reported

Private Sales

176

Reported

148

Volume ($M)

Last Updated: 08 May 2024 12:28 PM

Victorian Highlight Information here Click here for details.

Houses

  • 76%

    Clearance
    Rate

  • $1.15M

    Median
    Price

  • 566

    Total
    Auctions

Apartments

  • 79%

    Clearance
    Rate

  • $743K

    Median
    Price

  • 285

    Total
    Auctions

Top Houses

Address Price
2 Glenmore Cr BLACK ROCK $4,000,000
27 Gwingana Cr GLEN WAVERLEY $3,260,000
24 Woodlands Av CAMBERWELL $3,240,000
48 Gloucester Rd ASHBURTON $3,235,000
8 Orange Gr CAMBERWELL $3,110,000

Top Apartments

Address Price
1/18 St Georges Cr ASHBURTON $1,950,000
52A Robert St BENTLEIGH $1,520,000
6/54 Gillard St BURWOOD $1,498,000
1/43 Tunstall Rd DONVALE $1,420,000
1/24 Rhonda St MOUNT WAVERLEY $1,330,000

Bargain Houses

Address Price
37 Tyrone Fshr RYE $350,000
29 Peter Pan Cr KURUNJANG $416,000
28 Essex Dr MELTON $426,000
7 Woodburn Cr MEADOW HEIGHTS $506,500
16 Lantana Av HOPPERS CROSSING $506,800

Bargain Apartments

Address Price
818/585 La Trobe St MELBOURNE $255,000
34/2 Greenfield Dr CLAYTON $369,700
3304/57-61 City Rd SOUTHBANK $372,000
2/1 Bayview Cr HOPPERS CROSSING $375,000
45/358 Sydenham Rd SYDENHAM $390,000

Last Updated: 08 May 2024 12:28 PM

Latest news from the REIV.

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No significant change for real estate market but Government misses chance to incentivise long-term property sector investment

May 8 2024

The Real Estate Institute of Victoria (REIV) has labelled this year’s 2024-25 Victorian State Budget a status quo budget for the property sector, explaining this was welcome news in context of a steady flow of new taxes on owners and investors since 2021.

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What is Build-to-Rent?

May 6 2024

Build-to-rent is often described as an innovative response to the housing shortage. As state and federal governments continue to plan and implement measures to overcome Australia’s chronic housing challenges, we unpack the BTR model and what it means to those working in real estate.

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Housing approvals and rental bonds - is there a correlation?

May 6 2024

The link between building approvals and the prevalence of rental bonds in the market is not necessarily an obvious one. However, it is self-evident in some parts of the state that an increase in approvals leads to improvements in housing supply that is then delivered to the rental market.

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