While Melbourne’s property market experienced strong price growth in 2017, new REIV data reveals there are still affordable opportunities within 20km of the CBD.
New REIV data shows that one in three Melbourne suburbs now have a median house price of at least $1 million.
The REIV has launched an online petition calling on the Andrews’ Government to amend proposed changes to Victoria’s rental laws.
Analysis of new REIV median house price data shows savvy buyers can save a six-figure sum by purchasing in the next suburb along the train line.
Two-bedroom houses continue to outperform all other property types in terms of both growth and price, as affordability sees a shift away from the traditional home.
The Real Estate Institute of Victoria has awarded this year’s best in business, recognising industry leaders across more than 25 categories.
The Victorian property market is gearing up for what could be the biggest auction weekend in the state’s history with around 1,900 homes expected to go under the hammer this weekend.
The Real Estate Institute of Victoria has announced that Richard Simpson has been elected President for 2017-18.
In good news for homebuyers, the citywide median house price growth moderated in the September quarter as new policy initiatives increased sale volumes at the lower end of the market.
Victoria’s new rental laws lack balance and have the potential to devastate the private rental market, the REIV has warned.