Do your homework when buying Carnegie real estate

Once you've got your heart set on buying Carnegie real estate, the next step is to decide exactly what property you want and where.

With so many different options available, this isn't always an easy task – but the Real Estate Institute of Victoria (REIV) argues that it's one worth undertaking.

Not everyone buys property and thinks of it as an investment. After all, you might simply be after somewhere you can lay down roots and call home for the next however many years.

Nevertheless, the REIV says it's well worth taking a look at capital growth data as this will give you an idea of suburbs where prices have the most growth.

This will give you confidence that if you do decide to sell up further down the line, there's a chance you might make some return on your investment.

Don't dismiss some suburbs without doing your research first, as the group found there can be some surprises in areas you might first think are out of your budget zone.

Buying a home on impulse isn't always the best option – there are few people who find themselves making a lucky purchase, so putting in some legwork could be just what you need to improve your chances.

If you're looking to buy Carnegie real estate, you should get in touch with an experienced professional such as Matt Hurlston at Ray White Carnegie.