Sell with Confidence
Read More

Victoria Experienced Growth In New Home Sales During May

By Matt Hurlston

According to the latest Housing Industry Association (HIA) New Home Sales report, Victoria showed the largest increase in the sale of new homes during May – which could be great news for anyone looking into Carnegie real estate.

New home sales reached their highest point in 18 months this past May, with Victoria showing the largest growth percentage across the country – increasing by 8.8 per cent.

New South Wales and South Australia also showed considerable percentage growths, climbing 4.3 per cent and 6.9 per cent respectively.

The chief economist for the HIA, Harley Dale, said in a statement released July 3 that the rise was a nice return from the “low depths” of the new housing market in 2012.

He went on to say that the modest growth experienced during 2013/13 was expected to continue into the new financial years.

Multi-unit sales also experienced a relatively fast monthly growth pace of 5.7 per cent.

If you’re looking into purchasing a new slice of real estate in Carnegie, get in contact with Matthew Hurlston at Ray White Carnegie.

His experience and expertise in the area will help you to secure the perfect property for you, and help you achieve your real estate dreams!

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