Sell with Confidence
Read More
News

Real Estate Return On Profit Increasing

By Matt Hurlston

The proportion of real estate investors making a profit on sale is increasing, according to the latest RP Data Pain and Gain report.

This result is encouraging for those considering investing in Carnegie real estate, as return on investment in Melbourne is performing particularly well.

The RP Data report shows 92.3 per cent of Melbourne homes resold during the September quarter of 2013 reported a positive return on investment. This is an increase on 91.8 per cent in the June 2013 quarter.

The report is useful for property investors interested in real estate in Carnegie and surrounding suburbs as those areas between 10 and 20km from the CBD seemed to record the highest rates of profit.

If you're considering a real estate investment in 2014, it is recommended you seek advice from a property management team before making a purchase.

A property manager can give you advice and guidance on the high yield areas in your desired suburb as well as continued support once you have made your purchase.

For more information and assistance in expanding your real estate investment portfolio, get in touch with Matthew Hurlston at Ray White Carnegie today.

Up to Date

Latest News

  • Heartfelt Hughesdale Sale

    Homely Hughesdale house sold to the renters next door by Hughesdale sales agents Jin Ling and Matt Hurlston, with an exemplary outcome. With many schools in Hughesdale such as Hughesdale Primary School, St Anargiri Greek Orthodox College, Sacred Heart Girls’ College, as well as both Caulfield and Clayton Campus for … Read more

    Read Full Post

  • Caulfield Property Management

    Median House Price in Caulfield (Rentals) – $699 per week Median Unit Price in Caulfield (Rentals) – $430 per week Just Leased in Caulfield: 1/16 Kean Street – $685 per week 202/888 Glen Huntly Road – $360 per week 2 Urandaline Grove – $1000 per week 207/888 Glen Huntly Road … Read more

    Read Full Post