NEW Real Estate Institute of Victoria guidelines implemented to tackle underquoting in Melbourne's real estate game are confusing the public and creating an "alarming grey area" for agents to continue the outlawed practice, according to buyers' advocates.

COMEDIAN Gina Riley is laughing all the way to the bank, selling her Armadale home for $650,000 more than she paid just 10 months ago.

LESS than a year after paying a record $7 million for a block of land in Flinders on Western Port, former managing director of the Skilled Group Greg Hargrave and wife Mardi have put their luxury city apartment on the market, in a deal expected to be worth more than $3.7 million.

A Hawthorn home once owned by television show host and model Suzie Wilks has for an undisclosed price, believed to be around $1.3 million.