Maximising your rental returns from investment real estate in Bentleigh is the goal of many landlords in the area.
After all, most people decide to begin a portfolio to help earn a secondary income and provide some more money on the side. However, are you earning as much from your portfolio as you could be?
According to figures released by realestate.com.au, the median rent for houses in Bentleigh is $495 per week, while units earn $395 per week.
If you're interested in boosting your returns, there are a number of ways to grow your property's value.
For example, some simple renovations could do wonders for helping increase the house's desirability. Spaces like the bathroom and kitchen are brilliant for adding value to.
Improvements like installing a new benchtop or adopting more sustainable, energy efficient appliances can go a long way to helping improve your investment property's value.
If you're interested in purchasing investment property in Bentleigh, be sure to get in touch with Matt Hurlston at Ray White Carnegie. His knowledge of local markets can help you find great additions to your investment real estate and aid your portfolio growth.
After a two-year renovation, Dylan Farquhar and Tylah Ingram transformed their old weatherboard into an energy-efficient home. Photo: Natalie Jeffcott At first glance, this 1950s weatherboard cottage seems typical of its setting in Blackburn North, a family-friendly suburb in Melbourne’s east where many older homes boast updated facades, modern extensions … Read more
Located just 12 kilometers from Melbourne’s bustling CBD, Carnegie is a vibrant suburb offering a balanced lifestyle with its blend of urban convenience and suburban charm. Over the last 12 months, Carnegie has seen a median sale price of $1.7 million, with a 1.76% increase in median sale price. The … Read more