New REIV data shows it’s possible to save hundreds of thousands of dollars by purchasing in the next suburb along the train line.
Changes to price quoting announced by the Government today are a significant step forward and will greatly benefit those looking to buy real estate in Victoria, the Real Estate Institute of Victoria said.
While home to some of the state’s most affordable locations, a number of towns in regional Victoria have median house prices to rival their city counterparts.
New REIV data reveals it is still possible for buyers to purchase homes in million dollar suburbs for less than seven-figures – without buying an apartment.
While Melbourne’s property market remains strong, new REIV quarterly data shows savvy buyers can still get a foothold on the property ladder for a fraction of the city’s median house price.
The REIV is pleased to announce Harry Li has been named the 2016 Victorian Senior Auctioneer of the Year at a gala event in Melbourne.
New REIV data shows there has been solid price growth in Melbourne in the June quarter, defying a slowing economy and moderating national market.
Homebuyers priced out of their preferred area in the current market need not despair – buyers can buy their dream home in a neighbouring suburb for a fraction of the price.
New REIV data shows that homes located within the catchment area for some of Melbourne’s best public secondary schools are fetching close to a $600,000 premium compared to those outside the zone.
A range of factors – including the upcoming Federal election – will push Melbourne’s auction market to unheard of highs in the next fortnight.