VIC Real Estate News
Real estate news and market updates for Victoria. Industry developments, sales results, and insights for VIC property professionals.
REIV warns reserve price disclosure laws could push sellers away from auctions
REIV warns Victoria’s reserve price laws risk pushing vendors away from auctions despite push for greater transparency
REMAX strengthens Victorian presence with new office REMAX Sapphire
Broker owner Pinakin Patel launches RE/MAX Sapphire in Pakenham, offering residential and commercial sales, leasing and property management…
Strategic refresh transforms tenanted property into four-day sale magnet
A strategic pre-sale transformation turned a decade-old tenanted investment property into a buyer magnet that attracted seven offers…
Database strategy delivers $35,000 premium for Kalkallo vendor
A targeted database campaign and strong comparable evidence helped Jatin Mehta secure a $35,000 premium over an identical…
Noel Jones appoints real estate industry leader Ray Ellis as Chairman
The appointment signals a strategic next chapter for one of Melbourne's oldest agencies, established in 1977.
Strategic auction timing delivers first home for previous auction underbidder in Epping
Adam Velardi's strategic auction sequencing turned a disappointed bidder from one property into the successful buyer of another,…
Multi-segment campaign drives seven offers and a $180,000 negotiation lift in Wandin North
A multi-segment marketing approach and independent building reports delivered seven offers and a $180,000 price lift for Carl…
33 offers in 10 days: How Jason Barnett’s transparency play triggered a buyer scramble in Whittington
Jason Barnett's transparent pricing strategy and meticulous preparation generated 33 offers from 9 separate parties for a Whittington…
Social media storytelling finds buyer for Camberwell family home
Mark Josem's Instagram storytelling campaign attracted a buyer who wasn't searching in Camberwell, securing mid-$4 million for a…
Reserve price disclosure could backfire on Victorian vendors
A new survey shows that 94 per cent of property owners would change their selling strategy if forced…
The tough compliance conversation every PM needs to have
With sweeping rental reforms reshaping the market, property managers like Sophie Kennedy Rush are navigating a new reality…
Victoria greenlights $330m build-to-rent projects adding 800 rental homes
Two Melbourne towers approved under fast-track program, but housing groups call for transparency on developer contributions.
Victorian policies blamed for Melbourne’s $100k home value gap
Industry analysis claims the city's underperformance against other capitals has cost homeowners significant wealth since 2022.
Hampton apartment attracts 11 contract holders in five-week campaign
Strategic photography capturing northern light helped Kye Bongiorno of Hodges Sandringham attract 11 contract holders to a Hampton…
Best-and-final strategy delivers multiple competitive offers for Noble Park unit
Laura Voinea's transparent approach and deadline-driven best-and-final process delivered multiple competitive offers and a result above vendor expectations…
Two emotionally committed buyers push Burnside Heights house $57,000 above reserve
Nivin Salsa's meticulously timed auction campaign in Burnside Heights delivered eight registered bidders and a sale price $57,000…
Melbourne’s affordability has been driven by supply, not taxes
Ray White chief economist Nerida Conisbee argues Melbourne’s affordability comes from decades of strong housing supply, not investor…
How data and repeat clients delivered a $1.66m off-market sale in Berwick
After spotting a stalled listing, Mahdi Tawakoli connected an active buyer with a one-of-a-kind French provincial home —…
Top Melbourne agent Mike Beardsley opens Ray White Hawthorn
The inner-east market leader is betting Ray White's luxury network and interstate buyer data will give Hawthorn vendors…
Point Cook house sells sight unseen to interstate buyer after strategic renovation lifts value by $80,000
Jazz Singh turned a $650k-$680k unrenovated house into a $762,000 sale in under three weeks through strategic pre-sale…
Two-speed housing market emerges as WA and QLD leave rest of Australia behind
Population growth outpacing new housing in WA and QLD underpins sharp divergence in home values
The Agency expands Melbourne footprint with Bayside office
Veteran agent Bert Geraerts brings three decades of local experience to the national brand's latest Victorian outpost.
Windsor townhouse attracts three offers after strategic pre-sale preparation
Walter Summons' presentation-first approach delivered three offers over $1.3 million for a Windsor townhouse, with unsuccessful buyers still…
Churchill house draws six offers in 10 days as university proximity drives investor demand
Strategic negotiation and a renovated property near Federation University attracted six offers, delivering a result that exceeded vendor…
Neil Valentine: Building a business around helping people first
Neil Valentine has built his buyer's agency business on a simple philosophy - put people first, and success…
Brunswick bungalow nets $140,000 premium with expression of interest strategy
A strategic pivot to expression of interest and premium presentation delivered a Brunswick family an extra $140,000 —…
Young family bids from Japan to secure Kew Edwardian home after comprehensive estate preparation
When Simone Chin took on a deceased estate in Kew, she convinced the executors that comprehensive preparation would…
Single open inspection delivers seven-day sale in Grovedale
Michael MacFarlane's strategic read of the buyer profile delivered a seven-day sale in Grovedale, with a single open…
AML: who carries the compliance load?
A head-office-led AML reporting model aims to streamline compliance and reduce risk for agents.
Video walkthrough secures sight-unseen buyer for Tarneit house
An interstate investor purchased the four-bedroom house via video call after a strategic campaign built on database outreach…
Young family secures first home after competitive campaign in Taylors Hill
A targeted campaign appealing to both investors and owner-occupiers delivered multiple strong offers for a well-presented three-bedroom townhouse…
Victorian Government approves 1,500 new CBD homes including 65-storey tower
Major Melbourne project adds density to the CBD as approvals rise but viability concerns remain. $495m tower moves…
Jake Gardam’s Instagram strategy delivers $650,000 sale in five days
Jake Gardam's strategic use of social media as a market testing tool delivered a five-day sale in a…
OBrien Real Estate marks decade of Carrum Coast Guard sponsorship
The 10th anniversary fun run drew a record 844 runners and raised more than $29,000 for the volunteer…
Ray White Chelsea expands with Hastings merger
The top-ranked Chelsea team has partnered with respected local operator Lisa Roberts to launch Ray White Hastings, combining…