Real Estate

Another day, another tax; property sector bewildered by blissfully ignorant State Government Opinion Editorial published in the Herald Sun on 05 October 2023By Quentin Kilian, CEO Real Estate Institute of Victoria Yet again, we are left floored by the Victorian Government’s ability to disregard industry engagement, ignore expert property sector recommendations and undermine the...

Agencies and Residential Rental Providers who fail to complete rent increase notices correctly may be at risk of having to reimburse any increased amounts to renters in the future by determination at VCAT. We urge all property management teams and administration staff to review their processes and practices in issuing notices of proposed rent increases to ensure alignment and compliance with the Victorian...

Opinion Editorial published in the Herald Sun on 21 September 2023By Quentin Kilian, CEO Real Estate Institute of Victoria REIV welcomes, in principle, yesterday’s government efforts to ensure the long-term sustainability of Victoria’s housing supply. While we applaud the focus on improving the availability and quality of social and affordable housing in Victoria’s Housing Statement...

For the first time since the June 2021 quarter, houses and units across inner, middle, and outer Melbourne all recorded growth according to the Real Estate Institute of Victoria’s quarterly median data for September 2023 Statewide, the data shows growing signs of stability as outer suburbs drive Victorian price growth, up 1.3 percent (for houses) and 1.8 per cent (for units) compared to last...