Homes open up for summer as restrictions loosen
Buoyed by recent updates to COVID guidelines on open homes and auctions, the real estate sector is bouncing into a busy summer 2020-21. For months,...
From the REIV CEO – Regional column
Real estate sector powers through The environment presented by Coronavirus has thrown up unique challenges to the Victorian real estate sector. Being under a harsh...
From the REIV CEO – Regional column
The Victorian Government has responded to prolonged lobbying from the Real Estate Institute of Victoria to lift minimum training requirements to work in the...
From the REIV CEO – Regional column
The inability to buy/sell/ lease property in Melbourne is creating enormous emotional and financial distress in the community. The Premier and his government have...
From the REIV CEO, August 13
More homes need to be offered up for rent to help ease the growing rental squeeze in regional Victoria.
The REIV’s vacancy rate data for...From the REIV CEO, August 6
Despite the challenges presented by the pandemic, residential property in Victoria is selling quicker now than it was 12 months ago.
The latest data (June...From the REIV CEO, July 9
The yo-yo of coronavirus restrictions continues in Victoria, the real estate sector is hoping to avoid another wave sweeping across the state, but we...
From the REIV CEO: Congratulations to Robyn Waters
The REIV is hugely proud to share that Robyn Waters has been awarded the Medal of the Order of Australia (OAM) in the 2020...
From the REIV CEO: On-site property auctions return
The Real Estate Institute of Victoria (REIV) has welcomed the Victorian Government’s decision to allow on-site property auctions and open for inspections to return...
From the REIV CEO: Rental prices fall
Rental prices have fallen in metropolitan Melbourne following a month of some improvement in vacancy rates across the state.
The monthly rental data from the...REIV: Clarifying some concerns
The Real Estate Institute of Victoria (REIV) has sought clarification from Consumer Affairs Victoria regarding some current practical matters to provide some clarity to...
REIV: Eager buyers can’t wait
Homes across Victoria are taking very little time to be sold.
Days on market figures refer to private sales only and demonstrate how long homes...REIV market snapshot – July 18, 2019
A clearance rate of 76 per cent was recorded over the weekend compared to 62 per cent last week and 62 per cent this...
G-Town is auction clearance town
The top three auction towns in Regional Victoria so far this year are all in the Geelong area with Belmont leading the pack, chalking...
Four crack the half million median mark
Four towns in Regional Victoria cracked the half million median house price for the first time in the March 2019 quarter, according to Real...
Property industry is cornerstone of state budget
Growing Regional Victoria and reducing payroll tax were major priorities outlined in the Real Estate Institute of Victoria’s (REIV) Budget submission and we are...
REIV market snapshot – May 30, 2019
A CLEARANCE rate of 64 per cent was recorded over the weekend compared to 65 per cent the previous week and 63 per cent...
How to choose an agent
How do you choose a real estate agent to sell, lease or manage your residential or commercial property? The first question you should ask is...
REIV market snapshot – May 23, 2019
A clearance rate of 65 per cent was recorded over the weekend compared to 59 per cent last week and 65 per cent this...
Regional Victoria’s most expensive real estate
Barwon Heads remains home to Regional Victoria’s most expensive real estate, but it has not yet cracked the million-dollar mark and is sitting at...
Unit prices make region Toorak of southwest
The four most expensive unit markets in Regional Victoria are all located in the Geelong/Bellarine Peninsula/Surf Coast area according to the latest data from...
REIV market snapshot – May 16, 2019
A clearance rate of 60 per cent was recorded over the weekend compared to 62 per cent last week and 63 per cent this...
REIV market snapshot – May 09, 2019
A clearance rate of 63 per cent was recorded over weekend compared to 56 per cent last week and 66 per cent this same...
Region’s outperform metro Melbourne
Regional Victoria continues to outperform the Metropolitan Melbourne property market with substantial gains of almost 10 per cent recorded in some towns in the...
New tool in real estate game
THE Real Estate Institute of Victoria has revealed its latest tool to measure property price trends: the Residential Market Index (RMX), which will give...
Keeping an eye on policy
Now that the Federal Election has been called for Saturday May 18, the Real Estate Institute of Victoria of Victoria (REIV) will be keeping...
Clearance rates spike
Victorian auction clearance rates have been at their highest levels in months in recent weeks, suggesting confidence in the property market is picking up. A...
REIV market snapshot – April 11, 2019
A clearance rate of 58 per cent was recorded over the weekend compared to 54 per cent last week and 69 per cent the...