Largest annual price increase for Victorian regional property in 20 years

The median house price grew by 27% in 2021 to reach a new record high level

Melbourne maintains $1M median house price

Now home to 173 million-dollar suburbs

REIV elects Adam Docking as new President

Comes as the board now has equal gender representation

Victorian roadmap out of lockdown: Industry response

Moves generally welcomed by industry

Private home inspections allowed as VIC hits 70% first dose

However, construction workers have extra restrictions

Victorian real estate body attacks state government

Described restrictions as “onerous and unnecessary”

REIV calls for private inspections amid lockdown

Inspections are currently allowed in Sydney

REIV criticises renewed Commercial Tenancy Relief Scheme

Industry body said it ignored mum and dad investors

Rental Management Australia introduces mental health awareness program

REIV estimates 30% of the industry have left due to stress levels