The potential for purchasing investment property in Bentleigh could be a significant draw card to the Melbourne community, with the latest Victorian population figures increasing by 1.9 per cent during the 2013/14 period.
New Australian Bureau of Statistics figures have shown Australia's population growth over the last year, pointing out that an additional 365,000 people now call this country home. Housing Industry Association economist Geordan Murray said this equals to a national population growth rate of 1.6 per cent.
"The strong performances in population growth in 2013/14 came from New South Wales and Victoria. Last financial year both these states recorded their strongest annual population growth rates in over twenty years, excluding the period skewed by the global financial crisis," said Mr Murray in a 18 December statement.
As the nation continues to see people coming to create a life in Australia, the potential for property investment rises as well. Now could be a great time to get in touch with Matt Hurlston at Ray White Carnegie, whose expertise will make finding and securing a new piece of real estate for your investment portfolio as streamlined and stress-free as possible.
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