Buyers are likely to be spoiled for choice in the coming months, with Melbourne’s property market set to experience stronger May and June sales after a slow start to 2016.
If you reside in or own one of Victoria’s 500,000 rental properties, then it’s likely you’ll be impacted by any changes to the Residential Tenancies Act (RTA).
Last weekend’s auction bonanza has broken the record for the highest number of homes sold in a single weekend, the REIV said today.
Changes to price quoting announced by the Government are a significant step forward and bring transparency and consistency to property transactions, the Real Estate Institute of Victoria said today.
Legislation governing the way notices are issued under the Residential Tenancies Act is in line for an update in coming months.
Proposed changes to negative gearing are short-sighted and would be extremely damaging to renters.
The REIV is embarking on a comprehensive consultation process with members in a bid to address price quoting, CEO Enzo Raimondo said today.
Regional Victoria was the state’s main growth driver in median prices in the December quarter, outstripping Melbourne.
Melbourne’s median price has moderated following four successive quarters of growth, providing positive news for house hunters in 2016.
The Victorian property market finished 2015 on a high with a record number of auctions held in November and December.