Sell with Confidence
Read More

Strong rent rises for real estate in Carlton

By Louise Morrin

The amount of rent charged for a property is often a feature investors keep a keen eye on. Fortunately for investors of Carlton property, rents have risen in the St George-Sutherland area. 

Figures from RP Data's Quarterly Rental Review for September 2014 show positive results for the area, and Sydney as a whole. Weekly rent for St George houses saw year-on-year growth of 5.1 per cent, while units experienced a smaller 2.2 per cent. 

Now, the median weekly rent for houses sits at $620, while the median for units is $460. 

Interestingly, RP Data's findings showed that three-bedroom houses across Sydney saw a quarterly rent rise of 1.1 per cent. Meanwhile, two-bedroom units saw rents rise by one per cent over the same period. 

The Carlton and St George areas provide a diverse selection of housing, which makes it easy for all kinds of investors to secure a property. 

From units, townhouses, apartments or bigger detached family homes, there's much to be found in this part of Sydney. 

For expert help with finding a great property in a growing area, get in touch with a local real estate agent. 

Up to Date

Latest News

  • How My Bid to Save a Buck Cost Me a Property Sale

    Whether you’re buying or selling, the experts always warn that you should try and avoid becoming emotional about property. “When you’re emotional you don’t think as clearly,” they caution, “and you risk making costly mistakes.” On paper, this is a concept we can all agree with. But in practice, there … Read more

    Read Full Post