A premium price is data driven. It's about looking at comparable blocks of land and comparable houses to give a baseline figure on the value of a property. Any increase on the baseline is considered a premium price.
Victorian Budget 2018-19 is a lost opportunity, says REIV
The Real Estate Institute of Victoria is disappointed that the Andrews Labor Government has not provided any property tax relief in its Budget handed down this week.
In the time it takes to watch an episode of Game of Thrones, cook a lasagne or listen to a podcast, Australians are making one of the biggest decisions of their lives.
New technology gives buyers the ability to digitally style and furnish properties
Boutique real estate group, Starr Partners, has rolled out virtual reality and digital styling and furnishing tools giving buyers the ability to step inside and customise a property from anywhere in the world.
Royal commission highlights drastic need for property investment advice regulations
The banking royal commission has highlighted the drastic need for property investment advice regulation, according to the Property Investment Professionals of Australia (PIPA).