Archive for July, 2012

REIV Property Update for Quarter 2, 2012


The Real Estate Institute of Victoria (REIV) has released its latest Property Update for the second quarter of 2012. It shows some mixed results for the Geelong region.

Sales median data shows a surprising 15.9% annual increase for Belmont followed by Grovedale at 5.90%. Faring not so well at the other end were Ocean Grove with an annual reduction of 10.6% and Barwon Heads with a reduction of 8.2%.
The Rental Vacancy Rate for the month of June has increased to 5.8% compared to only 2.4% for the same month last year. Quarterly House Median data shows an increase in the … more »

Prime Selected as Finalist in two Award Categories of Business Excellence Awards


Prime Real Estate was selected as a finalist in two Award categories of the 2012 Geelong Business Excellence Awards held at Bavaras earlier this week. The Awards were hosted by comedian Dave O’Neil. “It was a great honour to be selected in these two categories this year, given the competition this year”, said Agency Principal Gina Popowicz.