Now could be a brilliant time to consider buying investment real estate in Bentleigh, with CoreLogic RP Data reporting that dwelling values in Melbourne increased by 7.4 per cent over the 12 months to March. And with rental yields for houses and units resting at 3.2 per cent and 4.2 per cent respectively, the possibility of earning an income from tenants could be on the horizon.
Of course, being a landlord isn't for everyone. There are a lot of different aspects to wrap your head around which, if it isn't your full time job, can make the experience difficult and stressful. Luckily, you can hire a professional property manager to assume control of your portfolio and help it grow to success.
They will become the landlord in your place and take care of the various responsibilities involved with with this role, including things like finding suitable tenants, ensuring rent is paid on time, and taking care of any repairs or maintenance needed.
If you're interested in buying investment property in Bentleigh, now could be the right time to consider getting in touch with Matt Hurlston at Ray White Carnegie and looking into the options in your local community.