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.
Buyers are often encouraged to purchase the worst house in the best street, but new REIV data suggests the postcode may be worth more than the street name – up to $836,000 more to be exact.
While it’s a known fact that bathrooms and kitchens sell homes, new REIV data shows a second bathroom is adding six-figures to the sale price in a number of municipalities.
A recent ruling of the Victorian County Court has called into question the short form rebate statement approved and published by the Director of Consumer Affairs Victoria.
Homes zoned for some of Melbourne’s top performing public schools are delivering six-figure dividends for property owners, compared to neighbouring homes outside the catchment.
New long-term residential tenancy legislation does not provide adequate protections for landlords and will place their investments at risk, the Real Estate Institute of Victoria has warned.