August 2024

Melbourne’s west, Greater Geelong and Greater Bendigo dominate Victoria’s house price growth

16 July 2024 In a quarter that saw minimal house and unit price movement across Victoria, Melbourne’s western suburbs, Greater Geelong and Greater Bendigo have led quarterly growth whilst offering affordable options for buyers. According to the Real Estate Institute of Victoria’s latest median prices for the quarter ending 30th June 2024, Victoria’s metropolitan house prices fell 1.5 per...

Units outpace Houses

18 June 2024 As the saying goes, safe as houses. The conventional wisdom is that houses are the reliable bet as an investment, a sure thing when it comes to sustained growth and return. However, units are emerging as a legitimate little sibling contender for capturing real growth in the market. The REIV Residential Market Index (RMX) is a residential property price index designed to provide a...