It’s always good to have a wide range of choices, but it can become a tad overwhelming if you don’t have the right advice. This is especially clear when new property listing hit their highest level since 2007, according to CoreLogic RP Data. It’s a good thing we have Matt Hurlston and the team to help out with choosing your real estate in Bentleigh!
It’s true: new property listings have hit their highest ever recorded for this time of year. CoreLogic reports almost 8,000 new properties on the market for the city in the 28 days leading up to 7 February. That’s the highest of any capital city in that same time period and a 9.4 per cent increase from last year. Sydney was next in line with 6,352, followed by Perth at 4,806.
This new selection of property is surely beneficial for anyone looking for Victorian real estate – and there are plenty of reasons to be looking to buy at the moment. The Real Estate Institute of Victoria describes how the cooling Melbourne market is an excellent time to consider making a property purchase, as the moderating prices are opening up the market to buyers who were previously priced out.
“While 2015 was a remarkable year for vendors, a moderating market favours buyers with more room for negotiation,” said REIV CEO Enzo Raimondo.
Clearly, if you’re looking to jump onto the property ladder, 2016 is the year to do it!
Whether you’re looking to capitalise on the end of the Melbourne capital city growth or are looking for a new home in gorgeous Carnegie real estate, make sure you get into contact with the local real estate experts at Ray White!
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