Now could be a great time to considering putting your Bentleigh real estate up on the market, with a recent RP Data release outlining Melbourne property resale values for the December 2014 quarter. Over the three month period, Victoria's capital city only saw 5.6 per cent of homes sold experience a loss on the initial investment.
On the other hand, 38.9 per cent of these transactions saw over 100 per cent profits for the vendors – a strong return on real estate and a potential incentive for sellers of Glen Eira property in the coming months.
CoreLogic RP Data senior research analyst Cameron Kusher said these figures were strongest in Melbourne and Sydney, with the expectation that this environment will remain in the foreseeable future.
Furthermore, the latest CoreLogic RP Data Home Value Index for March has shown the median property price in Melbourne is currently sitting at $518,000. If you're interested in putting your Bentleigh home on the market and trying to secure a good return, now could be the perfect time to do it.
Get in touch with Matt Hurlston at Ray White Carnegie to discuss your property options with a local expert. His knowledge can help you achieve a satisfying sales result.
For property investors, 2026 presents an interesting opportunity in the Melbourne market. While the broader property market has experienced some softer conditions, the rental market continues to show resilience, with strong tenant demand, rising rents and limited housing supply creating favourable conditions for well-selected investment properties. So, is Melbourne’s rental market still worth considering in … […]
The Bentleigh property market continues to demonstrate remarkable resilience, with strong buyer demand underpinning sales activity despite broader fluctuations across Melbourne’s real estate landscape. Known for its family-friendly atmosphere, excellent schools, vibrant shopping precinct, and convenient transport links, Bentleigh remains one of Melbourne’s most sought-after south-eastern suburbs. Located just 13 kilometres from Melbourne’s CBD, Bentleigh … […]