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Jason Kougellis has been appointed Managing Director of Savills Victoria.
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New apartment sales rose 4.9% in May, despite overall new property sales falling, says the HIA.
Parents are saving on private school fees and buying homes near top public schools, says the REIV.
Historically significant Yarraville property sells for $3.28 million, beating earlier record by almost $900,000.
This refined manor is the ultimate in luxury.
This grand five-bedroom home offers resort-style amenities in a beachside setting.
“People are really starting to understand the benefits of living in these inner-city lovely areas, living in smaller, better thought-out, lower maintenance spaces.”
The real estate industry has united against Labor's proposed changes to negative gearing, saying the changes would be bad for renters.
Victoria looks likely to see two Super Saturdays of 1000-plus auctions in the next fortnight.
Total returns from property were 13.9% for the year to May 2016, according to the CoreLogic RP Data Accumulation Index.
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