Melbourne's property market has seen a 1.9 per cent growth in capital gains over October, which could be encouraging for those looking into investment in real estate in Bentleigh East. The latest RP Data CoreLogic Hedonic Home Value Index has highlighted these figures, with a combined capital city growth of 1 per cent nationwide.
Over the last 12 months, property values in Melbourne have risen by 8.9 per cent, with the median price currently resting at $555,000 across the Victorian capital. RP Data research director Tim Lawless said the rate of growth is continuing to moderate, as the capital real estate market begins to level out.
"Home values across the combined capital cities have increased by 8.9 per cent over the 12 months ending October 2014, which has slowed from a peak of 11.5 per cent in April of this year," said Mr Lawless in a 3 November statement.
With these figures continuing to level out, now could be a great time to get in touch with Matt Hurlston at Ray White Carnegie and begin looking into the local Bentleigh East market for your own Melbourne property.
Homely Hughesdale house sold to the renters next door by Hughesdale sales agents Jin Ling and Matt Hurlston, with an exemplary outcome. With many schools in Hughesdale such as Hughesdale Primary School, St Anargiri Greek Orthodox College, Sacred Heart Girls’ College, as well as both Caulfield and Clayton Campus for … Read more
Median House Price in Caulfield (Rentals) – $699 per week Median Unit Price in Caulfield (Rentals) – $430 per week Just Leased in Caulfield: 1/16 Kean Street – $685 per week 202/888 Glen Huntly Road – $360 per week 2 Urandaline Grove – $1000 per week 207/888 Glen Huntly Road … Read more