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“For buyers priced out of their chosen area, it’s worthwhile looking at next-door suburbs which may offer similar lifestyle and amenities without the premium price tag," says REIV.
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Parents are saving on private school fees and buying homes near top public schools, says the REIV.
Victoria looks likely to see two Super Saturdays of 1000-plus auctions in the next fortnight.
Craigieburn, South Morang, Epping, Thomastown and Roxburgh Park are performing strongly as buyers seek affordability.
Three of the four major banks have lowered rates after the Reserve Bank cut interest rates to a record low.
After 16 years at the helm of the Real Estate Institute of Victoria, Enzo Raimondo is leaving.
Overall steady prices and strong volumes could provide good buying opportunities, says REIV.
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Victoria’s solid auction market should continue over the next two months, with higher numbers expected in May.
Labor's proposed changes to negative gearing could have negative consequences for renters, says REIV President, Geoff White.
Geoff White elected REIV President for 2015-16.
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