Melbourne is gearing up for the biggest auction weekend so far this year with more than 1,500 homes set to go under the hammer.
The REIV today announced that it has appointed Gil King, former Housing Industry Association Executive Director, as CEO of the Institute.
With more than 500,000 rental properties in Victoria, a significant proportion of the state’s population will be impacted by changes to the Residential Tenancies Act (RTA).
Lower stock levels, record low interest rates and strong population growth will encourage buyer interest in 2017.
Multiple auction records have fallen this month with close to 4,000 homes going under the hammer – the biggest December in the state’s history.
With the Andrews Government currently undertaking the biggest review of property legislation in the state’s history, reform of the Owners' Corporations Act is assured.
Following a record breaking year in 2015, the state’s property market was closely watched by all in 2016.
At $4 million Toorak has Melbourne’s highest median house price but South Melbourne and nine other suburbs command more by the square metre, new Real Estate Institute of Victoria data shows.
Hear from REIV CEO Geoff White and Communications Manager Paul Bird on the state of Melbourne's property market.
The Real Estate Institute of Victoria has awarded the industry’s top performers for 2016, recognising agencies and professionals who are setting new best practice standards.