VIC Real Estate News
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REIV appoints Kelly Ryan as new CEO
The Real Estate Institute of Victoria (REIV) has appointed former Netball Australia chief executive officer Kelly Ryan as its new CEO.
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Melbourne agent conducts first Virtual Reality-enhanced property auction
A Melbourne real estate agent is believed to be the first auctioneer to sell a residential property under the hammer while wearing Virtual Reality goggles, which meant the vendors could see all the action.
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REIV wants tax reforms to boost rental supply
The Real Estate Institute of Victoria (REIV) has called on the Victorian Government to consider tax reforms that will bolster the supply of rental properties and help ease the escalating affordability crisis.
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Step into the future at Australia’s most tech-enhanced apartment development
Australia’s most tech-enhanced apartment complex will be built in Melbourne, with features including an air purification system and a smart oven that listens to your commands and answers your cooking questions.
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The Block property listed for auction with surprise $1 reserve price
The luxurious home sisters, Eliza and Liberty, renovated on The Block 2023, has been listed for auction with a reserve price of just $1.
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Mum and dad builders targeting affordability and liveability
Mums and Dads looking to build a home in Victoria are increasingly targeting the “sweet spot” between location and affordability according to new research.
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Property tax overhaul: REIV’s bold call to spur investment
The Real Estate Institute of Victoria (REIV) has called on the State Government to review its property tax priorities to incentivise investors and help ease the housing crisis.
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Nigel O’Neil takes the reins at Woodards
Nigel O’Neil has been named as the new Chief Executive Officer at Woodards, with network growth and developing the next generation of agents firmly in his sights.
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Buying Boost turns homeowners dreams into reality
Would-be homeowners currently locked out of the real estate market, due to not being able to save all of the deposit, now have a way of buying a home.
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Architectural gem merges Griffin’s vision with Wright’s genius in Melbourne
An architectural marvel that has drawn inspiration from both Walter Burley Griffin and Frank Lloyd Wright, is on the market for the first time.
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Central Pier tenants settle $42 million legal dispute
A group of tenants that operated businesses at Mebourne’s Central Pier has settled a legal dispute with the Government after it was closed for safety concerns in 2019.
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The Agency recruits market leaders in Melbourne’s Williamstown
Highly regarded real estate professional Leigh Melbourne and his team have joined The Agency Victoria, and are looking to grow the brand in the Williamstown area.
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Stockdale & Leggo appoint Catherine Rogers as new COO
When Catherine Rogers started her career in reception, little did she know that more than 20 years later she’d take a senior position at one of Victoria’s leading real estate agencies.
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Top talent steps into Harcourts CEO roles in two states
Building an auction culture in Victoria and zeroing in on growth and productivity will form the focus for two new Harcourts CEOs.
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Matthew Pillios joins Kay & Burton
As part of its strategic expansion and commitment to excellence, Kay & Burton has appointed top-ranking agent Matthew Pillios as a director. Mr Pillios’ track record has cemented his extraordinary reputation within Brighton and surrounds. He joins Kay & Burton following a highly successful career, during which he earned various accolades after selling more than 200 properties, with a total…
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Barry Plant Eastern Group takes a collaborative approach to growth
Just over 12 months on from the successful acquisition of Philip Webb Real Estate, Barry Plant Eastern Group has successfully navigated the rapid expansion thanks to a collaborative approach with members of the new team.
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Store linked to bushranger Ned Kelly hits the market
A Benalla store where Ned Kelly battled with police has hit the market for the first time in 35 years.
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The Block serial buyer Danny Wallis to offload his 11 Victorian properties
One of the biggest buyers on The Block, Danny Wallis, is set to sell all of Victorian investment properties, with new taxes and regulations making it untenable for the investor.
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Victoria’s new ‘granny flat’ reforms to boost housing supply
New secondary dwelling reforms introduced by the Victorian Government will likely boost housing supply by around half a per cent according to new research.
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Secret payouts for properties stretching to centre of the Earth
In a quirky legal twist, dozens of homeowners who live above the troubled $10.8 billion West Gate Tunnel project have secretly won a multimillion-dollar compensation payout because their land titles extend to the centre of the Earth.
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Linc Property to provide a mobile agency for Melbourne’s south east
With 17 years’ real estate experience, Victorian agent Lincoln Scott had long considered the idea of starting his own agency and now that concept has become a reality with the launch of Linc Property in Melbourne’s south east.
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Ballarat’s $3 million project adds 11 new homes for vulnerable Victorians
Delacombe, in the historic regional Victorian city of Ballarat, is the location of 11 new social and affordable homes set to be completed next month.
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Propertyology boycotts Victorian real estate
National property market analysts and buyers’ agency, Propertyology, will boycott investing in Victorian real estate until the State Government improves its attitude towards investors, policies, government finances and economic management.
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The REIV elects Jacob Caine as new president
Caine Real Estate Chief Executive Officer Jacob Caine has been elected as president of the Real Estate Institute of Victoria (REIV) for the next 12 months.
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Liza Balian joins First National as business growth manager for Victoria
Liza Balian has joined First National Real Estate’s Business Growth Management team in Victoria, with a remit to accelerating the network’s growth across the state.
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Industry experts react to Victorian Government real estate reforms
Entry Education has confirmed it will be a provider of the Victorian Government’s new mandatory continuing professional development for real estate professionals, but scarce other details are available.
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Victorian land prices surge by up to $1 million
Victorian land values have exploded since 2020, with a number of areas seeing prices rise almost $1 million.
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Victoria announces major overhaul to rental, planning and housing policy
The Victorian Government will introduce mandatory continuing professional development for real estate industry professionals and implement the biggest shake-up in rental, planning and housing reforms in generations, it was announced today.
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Saint & Wood set to deliver exceptional service to St Kilda and Elwood
For Victorian agent Alicia Walker, her 20-year real estate career has always been about far more than just selling property.
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Sartaj Singh realises his dream with Stellar Estate Agents
Long before Stellar Estate Agents principal Sartaj Singh opened the doors to his own business, he had long had a vision of becoming an entrepreneur.
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The Block marketing campaigns launch on Domain
Buyers look set to fork out close to $3 million for the homes on season 19 of The Block, with the marketing campaigns going live on Domain this week.
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Victorian properties at high risk of damage from rising seas
By 2100 more than 150,000 Victorian properties could be at high risk of damage from sea level rise and storm surge, according to new research on the impact of climate change on the state.
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No Commonwealth Games, but more social housing
The Victorian Government has committed to spending $1 billion on more than 1300 social housing homes across the state as a result of pulling out of hosting the 2026 Commonwealth Games.
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Unit prices surge across Melbourne
Unit prices in Melbourne have bounced back strongly, with some suburbs seeing quarterly growth as high as 25 per cent, according to the Real Estate Institute of Victoria (REIV).
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Victorian investors are selling up over costly land tax
Stockdale & Leggo agencies across Victoria have reported a large number of mum and dad investors selling up ahead of the state’s new land tax coming into effect next year.
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