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 Real Estate Institute of Victoria (REIV) is strengthening its focus on professional development across all areas of real estate services.
Read moreThe Victorian housing market is seeing quite steady conditions. Prices are rising at a moderate pace but the state enjoys strong affordability relative to other states and relative to other capital cities in particular.
Read moreDespite ongoing market pressures, Victoria remains a key driver of first-homebuyer activity across Australia. In the December 2025 quarter, first-home buyers nationally recorded their highest level of new loan commitments since March 2022, highlighting a resurgence in new entrant participation.
Read moreStatement by the Monetary Policy Board: Monetary Policy Decision
Read moreProperty prices across state edged higher over the December quarter, while homes continued to sell more quickly than a year earlier, reflecting improving buyer confidence and strengthening demand.
Read moreReleased today, the REIV’s A Blueprint for Marketing of Residential Real Estate in Victoria submission to the Government was developed by the REIV-convened Strategic Working Group (SWG) to provide an informed sector-wide response to underquoting.
Read moreWe recognise that many of our members and their communities have been impacted by the recent fires and severe weather events across Victoria. Our thoughts are with you, your families, and those continuing to manage the aftermath.
Read moreUnit and apartment living is increasingly providing the first step on the property ladder for many Victorians.
Read moreThere are some important changes planned to upgrade VCAT’s residential tenancy systems and enhance both myRDRV and myVCAT portals in 2026.
Read moreThe REIAs report shows that Victoria’s property market continues to record more modest growth than most other states.
Read moreThere is yet more evidence this month that prices are continuing to climb across the state. Melbourne median house prices reached their highest median since September 2023 and median unit prices reached their highest median in almost three years.
Read moreThe Real Estate Institute of Victoria (REIV) Board of Directors has appointed respected industry leader Jacob Caine as President and Adrian Butera as Vice President for 2026..
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