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Insights for the past week

The REIV provides a complete picture of the Victorian real estate market. Statistics and insights that range from recent sales and auction results to long term trends. Enter your suburb below and get the latest market information. Subscribe to the REIV …

Melbourne home values up for first time since 2017: CoreLogic

Melbourne home values have risen for the first time since November 2017, indicating the downturn that’s plagued the market has bottomed out. Experts are advising house hunters to buy now if they can, or potentially risk paying more in spring. …

uber Air set to take off in Australia with flying taxi trial in Melbourne

Uber’s plan to trial an aerial taxi service in Melbourne is technologically feasible but needs to be well regulated to avoid “absolute chaos”, according to a civil engineering expert. The global ridesharing giant’s Uber Air pilot — which will also …

ABC News – Melbourne’s property slump looks like bad news for public servants looking for a pay increase

The property downturn is forcing the Andrews Government to tighten its belt ahead of pay negotiations with tens of thousands of Victorian workers, including police and paramedics. Several public sector workplace agreements expire this year with negotiations on many, including …

Correction, crackdown finally put Melbourne home prices on the money

Melbourne househunters have never had a better chance to buy a home without second-guessing the advertised price — thanks to tougher selling conditions and a crackdown on underquoting. Melbourne househunters have never had a better chance to buy a home …

Melbourne auction market ‘bounces back’ with big sales

A tired, century-old Footscray house soared more than $80,000 above reserve and a Flemington pad with a pool raked in a $143,500 bonus for its sellers as agents declared Melbourne’s auction market has “bounced back”. Melbourne’s auction market appears to …