The Real Estate Institute of Victoria’s (REIV) latest Days on Market data shows that properties in Melbpourne’s south west are being snapped up in much quicker timeframes than this time last year, signaling intense competition from buyers in the area.
Last night, the REIV celebrated the best in commercial and industrial advertising, marketing and promotion across commercial sales and leasing campaigns at the annual Commercial and Industrial Marketing Awards.
The Victorian Parliament’s Legislative Council will consider the Residential Tenancies Amendment Bill (RTA Bill) this week, the second last sitting week before the caretaker period ahead of the Victorian Election in November.
Engagement with audience, attention to detail and a sharp focus are all crucial skills for success according to the five finalists in the REIV’s Residential Novice Auctioneer Competition.
The REIV’s latest data shows that Victoria’s rental vacancy rate has dropped to its lowest level of 1.8 per cent since we began collecting the data in October 2002.
The so-called ‘Rent Fair’ legislation, which will be introduced into the Victorian Parliament this week, has the potential to deplete Victoria’s rental housing stock, which is worth $519.2 billion, as landlords pull their supply from the market.
Median house price performance in regional Victoria outstripped that in Melbourne
Nominations for one regional zone and two metropolitan zone Directors open on 29 June 2018.
There has been an announcement by Government today on the issue of rebate statements. This has come about because of some very recent discussions and correspondence between the REIV, the Government and CAV. Read more...
Recently, there has been considerable media commentary over authority documents produced by REIV.