REIV
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Credible, current data and insights to help you understand the Victorian property market. Take a look at the latest auction and private sales results, median prices, suburb profiles, vacancy rates and more.

All REIV market statistics are based on data reported directly by real estate professionals and government records. Report your results

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Auction Details here Click here for details.

511

Sold

175

Passed In

566

Total Auction Volume ($M)

380

Sold At Auction

131

Sold Before Auction

0

Sold After Auction

41

Withdrawn

30

Postponed

433

Not Reported

Private Sales

177

Reported

148

Volume ($M)

Last Updated: 06 May 2024 11:28 AM

Victorian Highlight Information here Click here for details.

Houses

  • 74%

    Clearance
    Rate

  • $1.15M

    Median
    Price

  • 461

    Total
    Auctions

Apartments

  • 75%

    Clearance
    Rate

  • $743K

    Median
    Price

  • 220

    Total
    Auctions

Top Houses

Address Price
2 Glenmore Cr BLACK ROCK $4,000,000
27 Gwingana Cr GLEN WAVERLEY $3,260,000
24 Woodlands Av CAMBERWELL $3,240,000
5 Parkleigh Ct VERMONT SOUTH $3,000,000
40 Cranesbill La MICKLEHAM $2,832,000

Top Apartments

Address Price
88 Manton Rd CLAYTON $7,400,000
1/18 St Georges Cr ASHBURTON $1,950,000
52A Robert St BENTLEIGH $1,520,000
6/54 Gillard St BURWOOD $1,498,000
1/43 Tunstall Rd DONVALE $1,420,000

Bargain Houses

Address Price
45/358 Sydenham Rd SYDENHAM $390,000
29 Peter Pan Cr KURUNJANG $416,000
28 Essex Dr MELTON $426,000
6/48 Trickey Av SYDENHAM $495,000
2/120 Bridgewater Rd CRAIGIEBURN $501,500

Bargain Apartments

Address Price
818/585 La Trobe St MELBOURNE $255,000
34/2 Greenfield Dr CLAYTON $369,700
3304/57-61 City Rd SOUTHBANK $372,000
5/1 Mackie Rd BENTLEIGH EAST $401,500
15/2 Thistle Gr HIGHETT $406,000

Last Updated: 06 May 2024 11:28 AM

Latest news from the REIV.

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What is Build-to-Rent?

May 6 2024

Build-to-rent is often described as an innovative response to the housing shortage. As state and federal governments continue to plan and implement measures to overcome Australia’s chronic housing challenges, we unpack the BTR model and what it means to those working in real estate.

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Housing approvals and rental bonds - is there a correlation?

May 6 2024

The link between building approvals and the prevalence of rental bonds in the market is not necessarily an obvious one. However, it is self-evident in some parts of the state that an increase in approvals leads to improvements in housing supply that is then delivered to the rental market.

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REIV proposes digitising hard copy documentation at Victorian public auctions

April 30 2024

The Real Estate Institute of Victoria (REIV) has made a submission to the Victorian Government’s review of Sale of Land (Public Auctions) Regulations 2014, calling for an amendment that allows for the digital provision of documentation at auctions.

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