The latest Domain Group House Price report has highlighted the growth of Australia's capital city property values, which offers some insight into the rising prices of real estate across Melbourne. This could be useful information for anyone interested in selling their real estate in Bentleigh in the coming months – or those looking to make an investment in the community.
Recently released data showed the national median house price across the capital cities rose by 2.1 per cent over the December quarter, with a huge 7.1 per cent growth over the whole of 2014. The national median price for capital city units rose by 1.7 per cent over the quarter, with an overarching annual rise of 6 per cent.
Domain Group senior economist Andrew Wilson said Melbourne specifically saw a median house price increase of 0.6 per cent over the quarter, and a 3.4 per cent jump over the last 12 months.
Anyone looking to sell their Bentleigh home in the near future should get in touch with Matt Hurlston at Ray White Carnegie. His expertise can help you market your property and work towards earning a satisfactory return on your home.
For many first-home buyers, the decision to buy or rent in Carnegie is more complex than ever. With changing market conditions, rising interest rates and strong rental demand, understanding the numbers and your lifestyle priorities is key. Carnegie remains one of Melbourne’s most sought-after south-east suburbs, located just 12km from … Read more
Rental inspections are an important part of maintaining a well-managed property. For landlords, they provide an opportunity to ensure the home is being properly cared for, while for tenants they help confirm that any maintenance issues are identified and addressed early. Knowing what to look out for during an inspection … Read more