Initial Education and Mandatory CPD

Initial Education and Mandatory CPD

Overview 

As part of the Victorian Government’s Housing Statement released in September 2023, mandatory education and continuing professional development (CPD) will become compulsory for all Victorian real estate professionals. This includes agents’ representatives, estate agents, and owners corporation managers.

This initiative is designed to enhance professionalism, strengthen industry skills, and ensure that all agents remain current with evolving regulations, practices, and industry expectations. Though the REIV will no longer accept future enrolments for the CPP41419 or CPP51122, it will continue to develop and provide CPD training to support its membership.

Further, the REIV will be a prescribed entity for the delivery of the upcoming mandatory Continuing Professional Development (CPD) requirements for the real estate sector.

Draft Regulations

Owners Corporation (Education) Regulations 2026
Applies to:

Owners corporation managers (where the manager is a natural person) and officers in effective control (OIEC).

Employees of a corporate owners corporation manager are not captured merely because they perform day-to-day functions, unless they fall within the OIEC category.

Regulations will not apply to owners corporation employees more generally or to all directors, as they may not be an OIEC role. However, they will apply to any individual who meets the ‘effective control’ threshold.

Initial Education Requirements

Owners corporation managers who are either registered as an individual or are an OIEC of an owners corporation management business will need to meet new initial training requirements.

They must complete five core units from the CPP40521 Certificate IV in Strata Community Management before 30 June 2027.

Mandatory CPD Requirements

CPD requirements will commence from 1 April 2028 for owners corporation managers.

They will be required to complete five hours of CPD as delivered by a defined CPD provider. Two of these must be in mandatory topics as defined by the BLA and include an assessment.

The REIV is engaging with the BLA to define how topics will be identified and delivered.

Estate Agents (Education) Amendment Regulations 2026
Applies to:

Agents’ Representatives

Estate Agents

Mandatory CPD Requirements

CPD requirements will commence from 1 April 2027 for agents’ representatives and estate agents.

They will be required to complete five hours of CPD as delivered by a defined CPD provider. Two of these must be in mandatory topics as defined by the BLA and include an assessment.

The REIV is engaging with the BLA to define how topics will be identified and delivered.

Submissions

Education and fees regulations for property industry professionals submission

Education and fees regulations for property industry professionals submission

December 2025 

In December 2025, the REIV made a submission in response to the Victorian Government’s Regulatory Impact Statement (RIS) on reforms to minimum education requirements, continuing professional development (CPD), and fee structures for agents’ representatives, estate agents, and owners corporation managers.

The submission emphasised the importance of strengthening professionalism, lifting capability across the sector, and ensuring reforms are scalable to support positive consumer outcomes.

Key recommendations included: 

  • Introduce a mandatory five CPD activities annually for real estate professionals

  • Maintain rigorous RTO oversight and regulatory approval of CPD

  • Implement partial cost recovery for entry, registration, and licensing fees

The REIV reaffirmed its support for reforms that enhance service quality, improve compliance, and strengthen consumer confidence. It is also committed to continued collaboration with the Victorian Government to deliver a high-quality, future-focused education and regulatory framework for Victoria’s real estate sector.

The Victorian Government has subsequently reopened consultation, including direct engagement with the REIV, as it finalises its education and fees regulations. Expected implementation is from April 2027.