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Melbourne property values on the up

By Jamil Allouche

Once you've made the decision to invest in rental property in Brunswick, you'll no doubt be keen to see that property prices are rising in your local area.

The good news is that values increased across the Victorian capital in October, giving decent returns on your property in the region.

The RP Data CoreLogic Home Value Index for the month pointed to a 1.9 per cent rise in dwelling prices compared to September, making it one of just three cities to have witnessed the trend.

Prices also increased in the three months to October and they are up 8.9 per cent compared to October 2013 levels.

"Looking at the increase in home values over the 12 months to October, it is clear that the rate of capital growth is continuing to moderate," said RP Data research director Tim Lawless.

"Despite the annual rate of value growth slowing, all capital cities have still recorded an increase in home values over the past year."

No matter where in Brunswick you're hoping to buy property, it can be worthwhile having expert knowledge on hand to help you make an informed decision.

Get in touch with the team at Ray White Brunswick to assist you in making the right choice in this desirable Melbourne suburb.

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