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Property value growth seen nationwide in April

By Louise Morrin

Rising property values across the country could provide the incentive potential sellers need to put their homes on the market in the coming months. 

The latest CoreLogic RP Data Home Value Index for April has outlined the strengthening value of Sydney real estate, which could be great news for vendors hoping to sell their property in Carlton

Over the month, the median price for homes in the New South Wales capital rose by one per cent, reaching a new median dwelling value of $732,500. 

CoreLogic RP Data head of research Tim Lawless said that Sydney still remains the strongest capital city in Australia, with property prices now trending 40.2 per cent higher than those recorded in May 2012. 

He went on to say that since the official cash rate was cut in February, the Sydney and Melbourne markets have seen strong results. Both cities have seen a rise in capital gains, as well an increase in both private treaty sales and auction clearance rates. 

If you're interested in selling your Carlton home, now could be a fantastic time to get in touch with a local real estate agent and begin the sales process!

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