Recent figures released by the Housing Industry Association (HIA) in its New Home Sales report could be encouraging for those interested in future investment in real estate in Bentleigh East. The national number of new home sales seen over 2014 was a huge 14.4 per cent more than those seen in 2013, which could make 2015 a great year for expanding your property portfolio.
HIA economist Diwa Hopkins said the official cash rate changes observed earlier this year would be a major factor to take into consideration. This could make securing finances a more appealing aspect in the coming months.
Furthermore, two key indicators – new home sales and residential building approvals – recorded jumps over the December quarter. The expectation of this is future growth in the residential property market across the nation – creating more supply and offering investors the chance to expand their portfolios across the country.
If you're interested in selling your Bentleigh East property in the near future, now could be a great time to get in touch with Matt Hurlston at Ray White Carnegie. His expertise and knowledge can help you secure a great return on your local real estate.
After a two-year renovation, Dylan Farquhar and Tylah Ingram transformed their old weatherboard into an energy-efficient home. Photo: Natalie Jeffcott At first glance, this 1950s weatherboard cottage seems typical of its setting in Blackburn North, a family-friendly suburb in Melbourne’s east where many older homes boast updated facades, modern extensions … Read more
Located just 12 kilometers from Melbourne’s bustling CBD, Carnegie is a vibrant suburb offering a balanced lifestyle with its blend of urban convenience and suburban charm. Over the last 12 months, Carnegie has seen a median sale price of $1.7 million, with a 1.76% increase in median sale price. The … Read more