Units and apartments in outer Melbourne suburbs rally in an otherwise stable market

Quarterly median price data from the Real Estate Institute of Victoria (REIV) showed modest price changes across the state for the period ending 30 September 2024, but outer Melbourne units and apartments bucked the trend showing considerable growth for the third consecutive quarter.

REIV appoints Jacob Caine as President for a second term.

Jacob Caine has been reappointed as President of the Real estate Institute of Victoria (REIV) for a second term following a vote of REIV board members last night.

RBA Update September 2024

Statement by the Reserve Bank Board: Monetary Policy Decision

Looking just next door

Often, buyers looking to buy a house or unit limit their search to a handful of known suburbs, blissfully unaware that some great alternatives may be available.

REIV reinforces commitment to strengthening Owners Corporation Management in Victoria

The REIV has reinforced its commitment to an ethical and transparent Owners Corporation Management sector through training.

New Plan for Victoria

New Plan for Victoria must consider diverse housing needs and strategies that attract investment to finance the Plan

AI Powered Agents 2024 Workshop Series

Election Of REIV Board Of Directors 2024

Anthony Molinaro and Joseph Walton have been elected to the REIV Board of Directors.

New energy efficiency minimum standards are welcome, but rental providers need more support implementing them

The Victorian Government’s intent to improve the energy efficiency standards of rental properties is commendable. However, the reality of rolling out these standards too quickly will create significant financial pain for rental providers in a very short period.

Have your say in the plan for Victoria

The Victorian Government has commenced its Developing a new plan for Victoria campaign. As part of its wider Housing Statement agenda, the government is seeking feedback for its Big Ideas initiatives.

Victoria’s Housing Crisis: Tax reforms crucial to achieving new home target

With recent Australian Bureau of Statistics (ABS) figures showing the number of new home constructions in Victoria has slumped to a decade low, the Real Estate Institute of Victoria (REIV) is again urging the Victorian Government to consider modernising its property taxation strategy.

Land Use Bulletin - Phasing out of paper certificates

Land Use Victoria is phasing out the use of paper certificates of title. This will come into effect on 3 August 2024.