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.