Auction preview for the week ending 16 March 2025

Auction preview for the week ending 16 March 2025

The REIV is expecting about 1100 auctions in 226 suburbs this week.

Unit and house rents are on an equal footing for the first time in metropolitan Melbourne

REIV’s latest vacancy rate report for February 2025 shows that median weekly rents for units in the metropolitan region have matched their house counterparts for the first time.

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Rental market reforms still lack support for rental providers

The REIV urges the Victorian Government to provide more support to rental providers

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New Infrastructure Victoria report calls for stamp duty reform

Infrastructure Victoria’s latest report highlights the need for stamp duty reform, a move strongly supported by the REIV. CEO Kelly Ryan emphasises that stamp duty restricts investment and mobility, calling for a broad-based property tax and a full review of Victoria’s property taxation system.

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Victorian Government announces major changes to housing targets

The Victorian Government has announced significant changes to its housing targets and activity centres ahead of the forthcoming release of its ‘Plan for Victoria’ document. These planning initiatives form part of the Housing Statement. The REIV provided a formal submission to the government on the ‘Plan for Victoria’ in 2024.

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Media Alert - Scammers Target renters on social networking sites

A fake rental scam has resurfaced as prospective renters are targeted with fraudulently modified rental listings on social networking sites.

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RBA Update February 2025

Statement by the Reserve Bank Board: Monetary Policy Decision

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Building Electrification – RIS

Member feedback on the Victorian Government’s Regulatory Impact Statement (RIS) on Building Electrification.

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Five things to consider in selecting a real estate training provider

Given the real estate industry’s size and importance to so many Australians – particularly amid the current housing supply and cost-of-living challenges – the need to support and maintain the professional standards of industry practitioners has never been greater.

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RTBA Report: Bond Numbers Drop, but Total Value Rises Amid Tightening Rental Market

The latest Residential Tenancies Bond Authority (RTBA) Annual Report for 2023-24 highlights key shifts in Victoria’s rental market.

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Improved affordability provides buyers with choice across Victoria

Quarterly median price data from the Real Estate Institute of Victoria (REIV) shows a continuation of modest price changes for the period ending 31 December 2024, creating a window of opportunity for discerning buyers.

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Rental Bonds fall significantly across Victoria

The report provides critical insights into the private rental market in Victoria through key statistics. Notably, rental bonds for new lettings have significantly fallen across the state, a concerning indicator for the rental ecosystem.

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New congestion levy announced for 2026

In December 2024, the Victorian Government announced changes to the congestion levy for parts of inner Melbourne, which will come into effect in January 2026

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Real Estate Matters - A podcast by the REIV

The REIV provides a platform for informed, expert led conversations on the topics that matter to real estate professionals and enthusiasts.

A new episode of the REIV-owned podcast will launch every six weeks. The podcast will feature interviews with property sector experts and will include guests from the REIV membership, kindred bodies, policy makers and regulators.