The sector urges the Government to review the regulations to allow students to undertake practical work under supervision while undertaking a Certificate IV in Property Services, without impacting the recently elevated training standards.
The REIV applauds the Victorian government for lifting entry standards, however, the unintended consequence is that it has significantly slowed the new talent coming through the sector.
The real estate profession is a leading economic contributor, currently employing thousands with almost 73 per cent (2021 ABS Census of Population and Housing) of all rental properties are managed by a real estate agent.
Since 2017, Victoria has seen an increase of 53 per cent to 56,000 people employed in the property sector. Its potential to employ thousands more is in front of government and industry, and a few simple changes could see the state attract more professionals, including many from interstate.
The Victorian Government needs to help attract new talent to work in the real estate industry, as the sector is experiencing significant staffing shortages, especially in residential property management and junior roles.
The REIV is expecting about 990 auctions in 277 suburbs this week.
Read moreThe Commercial & Industrial Conference 2026, the first to be held at REIV HQ, was a runaway success, delivering a day of practical insights into tenancy insolvencies, arrears recovery, eviction challenges, and the key risks shaping the commercial and industrial property sector
Read moreStatement by the Monetary Policy Board: Monetary Policy Decision
Read moreThe Real Estate Institute of Victoria (REIV) has described the 2026-27 Victorian State Budget (Budget) as a failed chance to restore much-needed confidence in Victoria’s rental market through property tax reform. While welcoming certain positive budgetary aspects, including increased support for social and affordable housing, the REIV said this was a missed opportunity to attract and retain investment in Victoria’s property market.
Read moreThe Real Estate Institute of Victoria (REIV) commissioned independent research (1,000 Victorian adults) and received compelling results showing strong support from the Victorian community for property tax reform. The findings highlight growing concerns from Victorians that current tax policies are placing insurmountable pressure on property investors and constraining rental supply, while also creating a barrier for renters to break into the property market.
Read moreThe AML/CTF Summit, held at REIV HQ in Abbotsford on 24 April, was a sold-out success that equipped agencies with practical guidance ahead of their upcoming anti-money laundering obligations.
Read more25 April, Anzac Day, is an important occasion for all Australians and New Zealanders as we pause to honour the service and sacrifice of those who have served, and those currently serving.
Read moreApril 2026 Column by Cameron Kusher
Read moreThe Real Estate Institute of Victoria (REIV) is proud to announce the competitors in the 2026 REIV Senior Auctioneer of the Year competition, showcasing the state’s most skilled and respected auctioneers.
Read moreMelbourne’s outer suburbs and parts of regional Victoria have emerged as the strongest performers in the REIV’s latest median price data for the March 2026 quarter.
Read moreAn analysis of transaction volume in Melbourne at various price points over the 12 months to December 2025 show that high transaction volumes are concentrated at price points that align with the first home buyer stamp duty discounts.
Read moreA joint statement from the Real Estate Institute of Australia and peak industry bodies warns that new modelling shows further taxes on housing, such as changes to negative gearing or CGT, could reduce supply and push up rents.
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