Ray White Carnegie’s Matt Hurlston: Increased rental returns seen in Melbourne over February

Understanding the rental yields of properties in different capital cities can be a great factor to take into consideration when looking into buying investment property in Australia.

The latest CoreLogic RP Data Quarterly Rental Review has outlined some of the growth seen across the country over the last quarter, which could be useful information for potential investors looking into real estate in Bentleigh to have at their disposal. 

CoreLogic RP Data research analyst Cameron Kusher outlined that advertised weekly rents for houses and units across the combined capital cities in Australia have risen by 1.2 per cent over the first quarter of 2015, recording an average of $435 and $415 respectively. 

However, it was Melbourne that saw the strongest rise over the three month period. Here, the weekly rent for houses increased by 1.3 per cent. This was followed by Canberra (1.1 per cent) and Sydney (one per cent). 

Matt Hurlston of Ray White Carnegie

These figures could present potential investors with an incentive to begin considering their investment options in Bentleigh. If you're interested, be sure to get in touch with Matt Hurlston at Ray White Carnegie to start looking into the possible properties available across the region.