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Ray White Carnegie’s Matt Hurlston: Melbourne house prices rise over December quarter

By Matt Hurlston

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. 

Matt Hurlston of Ray White Carnegie

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. 

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