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Matt Hurlston of Ray White Carnegie: Strong business sentiment for June quarter

By Matt Hurlston

The strength of Victoria's economy continues to shine, with the latest ANZ/Property Council Survey showing residents across the state remain optimistic about the next three months. 

Sentiment dropped by one point from the March quarter result to 131, but the state remains a strong bastion for future growth. This could be great news for anyone interested in buying real estate in Bentleigh in the coming months.  

Property Council Victorian executive director Jennifer Cunich said capital growth expectations across residential, commercial, industrial and office real estate was expected to remain steady throughout the year. 

"Housing and commercial lead the way on our growth expectations index with scores rising to 33 and 11 points respectively," said Ms Cunich in a 23 April statement. 

"This was followed by increases in the hotel, retail and industrial sectors to twelve, eight and seven points respectively." 

She said that zone reforms were one of the major issues facing the state, as well as highlighting the importance of beginning the Infrastructure Victoria programs in the near future. 

Matt Hurlston of Ray White Carnegie

If you're interested in securing your own Bentleigh property, be sure to get in touch with Matt Hurlston at Ray White Carnegie. His local knowledge will provide you with the upper hand in a competitive real estate market. 

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