Auction preview for the week ending 28 July 2024

Auction preview for the week ending 28 July 2024

The REIV is expecting about 1000 auctions in 298 suburbs this week.

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.

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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.

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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.

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Melbourne’s west, Greater Geelong and Greater Bendigo dominate Victoria’s house price growth

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AML/CTF Members Update July 2024

Update on Anti Money Laundering and Counter Terrorism Fraud Reforms for Real Estate

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Rental minimum standards: REIV warns significant increase to landlord costs in a short period will have dire impact on rental ecosystem

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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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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.

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REIV appoints Megan Mander as General Manager – Operations

The Real Estate Institute of Victoria (REIV) announces it has appointed Megan Mander as General Manager – Operations

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Units 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.

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New 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.

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Victorian 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.

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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.