VIC Real Estate News
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The lesson for Australia out of Victoria’s property tax hikes: two out of three ain’t bad
Victorian treasurer Tim Pallas’s three-pronged strategy to raise an extra $2.7 billion in property taxes over the next four years is a case of two out of three ain’t bad, writes Brendan Coates.
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REIV labels stamp duty and land tax hikes the final straw
The Real Estate Institute of Victoria has slammed a series of property tax initiatives which have been unveiled in advance of the State Budget this Thursday.
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Metro Melbourne median house price passes the $1 million mark
The median house price in Victoria has recorded one of its largest quarterly increases, with the value of Melbourne metropolitan houses passing $1 million.
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Century 21 opens five new offices in five weeks
Century 21 has experienced strong growth in Australia and New Zealand so far in 2021, with the network opening five new offices in the past five weeks.
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Good Friday Appeal Charity Auction sets new record
The hammer has fallen on this year’s Good Friday Appeal Charity Home Auction in Victoria, with the fully furnished Vogue 34 Henley home at Rathdowne Estate setting a new record of $903,000.
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Melbourne’s property values reach new record high
Melbourne’s property values have reached a new record high, with figures showing prices have now surpassed their previous peak.
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Time to shine for First National’s top Victorian and Tasmanian performers
First National Real Estate’s Victoria and Tasmania agents have been recognised for their achievements in 2020, with the network holding its final state-based General Excellence and Marketing Awards event of the year at Melbourne’s Grand Hyatt on Saturday night.
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Andy Reid handed the hammer for Good Friday Appeal charity auction
After 13 years at the helm of the annual Good Friday Appeal Charity Home auction, Real Estate Institute of Victoria’s Master Auctioneer and four-time winner of the institute’s Senior Auctioneering competition Adrian Butera is handing over the hammer.
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Ocean Grove home sells for $123k above reserve in Openn Negotiation
Online sales methods are still a relatively new concept for buyers in Victoria’s Ocean Grove market but a recent sale in the area attained $123,000 above its reserve price after listing through Openn Negotiation.
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Forms Live commits to Victorian Rental Tenancies Act updates
Forms Live - Victoria's most experienced provider of online digital forms to the real estate industry - has confirmed its property management forms and contracts have been updated and will be compliant with the changes to the Victorian Rental Tenancies Act that come into effect on Monday, March 29.
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Eview Group’s Melbourne growth continues
Eview Group's mammoth growth continues, as the network expands their reach across the North Melbourne property market with the addition of a new brand.
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Seeds of change at Barry Plant as group announces new leadership team
After 18 Years at the helm of The Barry Plant Group, Mike McCarthy is stepping aside from the role and CEO and will be handing the reins to Nigel O’Neil, current Head of Strategic Growth.
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Property Council campaign aims to make Fridays fab again in Melbourne
The Property Council has called on Melbourne’s business community and the Victorian Government to rally around 'Fab Fridays'.
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Barry Plant growing Ballarat and Bendigo offices
With the regional Victorian property market going gangbusters over the past year, Barry Plant Ballarat and Bendigo have been reaping the rewards.
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You’d be mad to miss the rare opportunity to own Max’s Beach House
It’s one of the most renowned beach houses in the country and was also featured in one of Australia’s most iconic films and Max’s Beach House could be yours - if have $11 million to spare.
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Fresh start for Barry Plant Berwick as seasoned hands take over thriving business
Barry Plant Real Estate's Berwick office is primed for a historic change, with Matt Ketteringham and Dan O’Loughlin, directors of the Barry Plant Pakenham and Barry Plant Drouin offices, set to take over the thriving business in Melbourne’s south-east.
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CoreLogic research reveals almost 9 per cent of Victorian properties at high risk of climate hazard
As part of its strategic partnership with global reinsurer Munich Re, CoreLogic International has analysed Victoria's residential property climate hazard and risk exposure.
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Kate Hanssen helps Eview boost Bass Coast presence
Eview Group has announced a further bolstering of its Bass Coast presence, with the regional Victorian arm of the national network launching a fresh and exciting new brand. Customer-focused agent and Phillip Island local Kate Hanssen has joined forces with Eview to build on her experience, launching her self-titled brand “Kate Hanssen, Real Estate Executive”. “We are so excited for…
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Vic Government calls for social housing feedback
Victorian Premier Daniel Andrews’ Labor Government has called on the state’s residents to have their say on social and affordable housing as part of a 10-year strategy it says will ensure more Victorians have safe, suitable and secure housing. The state’s Housing Minister Richard Wynne has released a discussion paper to seek community and stakeholder feedback to help inform the…
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Long service leads to partnership at PhilipWebb
PhilipWebb Real Estate in Melbourne’s East, has invited Robert Groeneveld to become a partner at the firm.
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Cancelling rental debt would be ill-informed and cause mayhem: REIV
The Real Estate Institute of Victoria has hit out against calls by tenancy advocate groups to cancel all rental debt.
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Vic Budget: Renters and owners to benefit from $797m household energy package
The Victorian Budget 2020/21 has promised what the Andrews Government are calling "the biggest household energy efficiency package in any state’s history" among a number of historic housing packages announced. creating thousands of jobs, while also reducing greenhouse gas emissions. Spending more time at home this year has meant bigger power bills…
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Renters in Victoria soon won’t have to deal with dodgy heaters and insulation
Renters will no longer have to contend with poorly insulated homes and Victoria will move closer towards 7-star home efficiency standards under a A$797 million plan announced this week. It’s purportedly the biggest energy efficiency scheme in any Australian state’s history. Energy efficiency essentially means using less energy to perform the same job. It’s…
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Rules relaxed for Victorian inspections and auctions
Victorian Premier Daniel Andrews has announced further relaxations to the state's COVID-19 restrictions. Open for inspections and in-person auctions can now be attended by up to 20 people indoors, and 50 outdoors. Workers in the Melbourne CBD will return to offices from next week, with strict capacity numbers and cleaning…
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Victorian homes averaging just 33 days on market
The latest Days on Market data from the Real Estate Institute of Victoria revealed that, in October, the average Victorian home spent just 33 days on the market before being sold.
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Eview Group bolsters its Melbourne network
Eview Group has a new presence across Melbourne's northern outskirts, welcoming latest recruit, Jay Alvat - Licenced Real Estate Agent.With a passion for high-end client-centric service, coupled with a solid real estate career and intricate industry understanding, Jay Alvat is thrilled to present his personalised, broad, and unique skill set…
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Online glitz to celebrate Barry Plant’s Awards for Excellence
As has been custom in 2020, last Thursday, the Barry Plant Group hosted its 2020 Awards for Excellence in the living rooms of close to 900 of their staff members, invited guests, sponsors, suppliers and interested family. “Following the real estate downturn in 2018/19, our offices and their teams only had about…
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The Agency’s Sam Hobbs lands $20m of Melbourne sales in two weeks
The Melbourne property market has certainly bounced back since Stage 4 restrictions lifted across Melbourne earlier this month.
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2020 REIV Awards: The complete winners list
Check out the acceptance videos from all the winners, and the complete list of winners and finalists.
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Certificate IV the new minimum real estate requirement in Victoria
New regulations for real estate education introduced by the State Government came into effect today, Thursday, October 21.
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Melbourne overtakes Sydney in new property listings
Since private inspections started back up again in Melbourne towards the end of last month, a flood of new listings have entered the marketplace.
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Victoria ‘well-placed’ to further ease restrictions
During a press conference this morning, Daniel Andrews said Victoria was "well placed" to receive some very significant announcements about further easing of restrictions.
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Eview set to shake up Melbourne’s outer South-East
Eview Group's momentum shifts up a gear, as the network continues their widespread grasp on Melbourne's outer eastern suburbs.
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Melbourne’s real estate industry reacts to relaxed restrictions
Spring selling season may have gotten off to a slow start in Melbourne, but the announcement over the weekend that real estate auctions can now occur with a maximum of ten people should help spur it into action.
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Vic property values defy gloomy predictions
Despite the prolonged lockdown and a reduction in auctions, Victorian property values have continued to defy gloomy price predictions with regional homes even setting a new quarterly record. Releasing new data on Sunday, Real Estate Institute of Victoria President Leah Calnan said values were holding firm after six months of the Coronavirus pandemic. “The quarterly median prices for the September…
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