Richard Simpson REIV

The Real Estate Institute of Victoria’s latest Days on Market data shows that properties in Melbourne’s south west are being snapped up in much quicker timeframes than this time last year, signaling intense competition from buyers in the area.

Kim Davey of Hockingstuart Melbourne and REIV President Richard Simpson discuss the REIV’s latest data showing that Victoria’s rental vacancy rate has dropped to its lowest level. 

New data from the REIV shows that despite lower auction clearance rates, the overall Melbourne market is continuing to build from the previous year

Buyers can save more than $3 million by buying an apartment rather than a house in some of Melbourne's most exclusive suburbs.

Homes in the catchment zones of Melbourne's top public schools are attracting six-figure premiums, according to new data from the REIV.

Sydney's auction numbers outperformed Melbourne's last week, a trend the market hasn't observed for some time, says CoreLogic.

Buying in Melbourne suburbs that border the city's most-exclusive neighbourhoods can deliver seven-digit savings, according to data from the REIV.

Strong demand for premium real estate, and a reinvigorated first-home-buyer market drove Melbourne house prices 13.2 per cent higher in 2017, the fastest rate of growth since 2010.