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REIV Support For Stamp Duty Reform

REIV Support For Stamp Duty Reform

by Wendy Chamberlain | Nov 8, 2024 | Auctions, Buying a Home, Real Estate News, Selling a Home

Relief is in sight for home buyers purchasing off-the-plan units, apartments or townhouses with the Victorian Government’s plan to offer uncapped stamp duty concessions to ALL buyers of off-the-plan strata properties in Victoria. REIV CEO Kelly Ryan hopes this...
Quarterly Update on Median House Prices

Quarterly Update on Median House Prices

by Wendy Chamberlain | Nov 1, 2024 | Auctions, Buying a Home, Real Estate News, Selling a Home

Victorian property prices haven’t experienced the same level of significant growth that many other states have seen in recent years, in fact there has been a decline both in metropolitan Melbourne and regional Victoria property values since 2021 and and 2022...
How Have Land Tax Increases Impacted Investors?

How Have Land Tax Increases Impacted Investors?

by Wendy Chamberlain | Oct 25, 2024 | Auctions, Buying a Home, Real Estate News, Selling a Home

Recent data analysis featured in PropTrack Market Insights indicates the higher land taxes imposed by the Victorian government have impacted the Victorian rental market in several ways. New land tax thresholds were announced by the Victorian government in May 2023 and...
Update On Victoria’s Housing Crisis

Update On Victoria’s Housing Crisis

by Wendy Chamberlain | Oct 18, 2024 | Auctions, Buying a Home, Real Estate News, Selling a Home

The housing shortage, lack of affordable homes to buy and shortage of long term rental properties are hot topics Australia wide. Queensland’s housing and homeless crisis is spiraling, and escalating house prices combined with record low vacancy rates in South...
Wages vs Interest Rates And House Prices: The Widening Gap

Wages vs Interest Rates And House Prices: The Widening Gap

by Wendy Chamberlain | Oct 11, 2024 | Auctions, Buying a Home, Real Estate News, Selling a Home

While house prices in Victoria haven’t risen at the same rate as some Australian states, recent data from Canstar highlights the difficulty couples and single income buyers still face when trying to secure a big enough home loan to purchase a...
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