In the coming months, investors could find some incentive to consider constructing their own real estate in Bentleigh. In fact, new figures for May project that the current construction market's strength could remain until well into 2016.
Recently released insights from CoreLogic RP Data and the Property Council's Residential Development Council said new housing starts are predicted to be 30,000-40,000 above the long term average.
This will allow for economic growth, more jobs created nationwide, and a bigger housing supply for a rising population.
CoreLogic RP Data's national research director Tim Lawless said a growing focus on investment across the nation's markets has seen investor lending increase rapidly across the country.
"There is an increasing focus on the level of investment across the Australian housing market, with the value of investor housing finance commitments growing rapidly and now outweighing owner occupier commitments," said Mr Lawless in a 21 May statement.
If you're looking for investment opportunities in Bentleigh, now could be the perfect time. Get in touch with Matt Hurlston at Ray White Carnegie today to get some professional insight into what the local community has to offer.