New Rates of Pay - Effective 1 July 2024
Following the Fair Work Commission's recent decision in the National Wage Case, the minimum award rates of pay will increase by 3.75%.
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Auction preview for the week ending 30 June 2024
The REIV is expecting about 1040 auctions in 292 suburbs this week.
Sale of Land (Public Auctions) Regulations 2024
The new Sale of Land (Public Auctions) Regulations 2024 are in effect as of the 23rd of June 2024, replacing the former Sale of Land (Public Auctions) Regulations 2014.
Read moreREIV appoints Megan Mander as General Manager – Operations
The Real Estate Institute of Victoria (REIV) announces it has appointed Megan Mander as General Manager – Operations
Read moreUnits outpace Houses
As the saying goes, safe as houses. The conventional wisdom is that houses are the reliable bet as an investment, a sure thing when it comes to sustained growth and return. However, units are emerging as a legitimate little sibling contender for capturing real growth in the market.
Read moreNew rental minimum standards must consider financial capacity of rental providers
The Real Estate Institute of Victoria (REIV) today confirmed its intent to participate in the Victorian Government’s consultation process for proposed new minimum rental standards, which will focus on improving the energy efficiency of rental properties.
Read moreVictorian Luke Banitsiotis wins 2024 Australasian Auctioneering Championships
The REIV congratulates senior auctioneer and member, Luke Banitsiotis of Woodards Blackburn, for being crowned Australia and New Zealand’s best auctioneer for 2024.
Read moreREIV appoints Kelly Ryan as Chief Executive Officer
The Real Estate Institute of Victoria (REIV) today announced the appointment of Kelly Ryan as its new Chief Executive Officer, effective 29 May 2024.
Read moreNo significant change for real estate market but Government misses chance to incentivise long-term property sector investment
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.
Read moreWhat is Build-to-Rent?
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.
Read moreHousing approvals and rental bonds - is there a correlation?
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.
Read moreREIV proposes digitising hard copy documentation at Victorian public auctions
The Real Estate Institute of Victoria (REIV) has made a submission to the Victorian Government’s review of Sale of Land (Public Auctions) Regulations 2014, calling for an amendment that allows for the digital provision of documentation at auctions.
Read morePaul Tzamalis wins 2024 REIV Senior Auctioneer of the Year title
The Real Estate Institute of Victoria (REIV) congratulates Paul Tzamalis of The Auction Company on winning its annual Senior Auctioneering Competition this week, taking home the title of REIV Senior Auctioneer of the Year for the second time.
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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.