Auction preview for the week ending 25 May 2025

Auction preview for the week ending 25 May 2025

The REIV is expecting about 1280 auctions in 340 suburbs this week.

CEO Announcement

The Real Estate Institute of Victoria (REIV) today announces a leadership transition, with Chief Executive Officer Kelly Ryan stepping down from her position. REIV President Jacob Caine has been appointed as Interim CEO, taking a leave of absence from the Board.

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Another status quo budget for Victoria’s property sector is a missed opportunity to address critical housing supply issues

The Real Estate Institute of Victoria (REIV) has highlighted the lack of meaningful property sector reform in the 2025-26 Victorian State Budget (Budget), amid concerning new data reflecting diminishing investor confidence and the Victorian government reportedly forecast to generate $18.2 billion from property taxes this financial year.

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RBA Update May 2025

Statement by the Reserve Bank Board: Monetary Policy Decision

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New Mandatory Fee Notices for Owners Corporations

The government has introduced mandatory new owners corporation fee notices that provide information and advice to owners and residents facing financial hardship.

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REIA releases its 2025 Federal Election Guide

As the federal election on 3 May 2025 approaches, the Real Estate Institute of Australia (REIA), in collaboration with the REIV, has released its 7-Point Election Commitments: A Home for All Australians.

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Pro-renter stance making housing crisis even worse

Opinion editorial in the Herald Sun by CEO Kelly Ryan

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Mandatory CPD for real estate professionals to begin from November 2026

As announced under the Housing Statement in September 2023, mandatory CPD will commence rollout from November 2026. Mandatory CPD will apply to all real estate professionals, including real estate agents, property managers, owners corporation managers, and conveyancers.

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Positive quarterly house price results reflect ongoing stabilisation of diverse Victorian property market

Positive quarterly price results across metropolitan and regional Victorian houses, and units and apartments for the first time since December 2021, reflect a stabilising Victorian property market, offering diverse opportunities for enabled buyers.

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Paul Tzamalis wins 2025 REIV Senior Auctioneer of the Year

The Real Estate Institute of Victoria (REIV) congratulates Paul Tzamalis of the Auction Company as the 2025 REIV Senior Auctioneer of the Year. Greg Brydon of Apollo Auctions was awarded runner-up.

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RBA Update April 2025

Statement by the Reserve Bank Board: Monetary Policy Decision

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Property Taxes Restricting Housing Supply in Regions

The REIV has submitted its recommendations to the Parliament of Victoria’s inquiry into housing supply in regional Victoria, highlighting the urgent need for property tax reform to address ongoing supply challenges.

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Victorian Auctioneer of the Year prepares for Good Friday Appeal Home

Paul Tzamalis, two-time REIV Auctioneer of the Year, is set to take the stage again for the Good Friday Appeal Charity auction.

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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.