Where more than 330 properties sold in the last 12 months.
Carlton's popularity has soared in recent years. So much so that today, Corelogic RP Data shows the median house price jumping from $655,000 in 2014, to where it sits today at over $1.1 million.
Let’s look at the top market share positions today. Nelson Alexander sits in top spot with 16 per cent market share, followed by Hocking Stuart with 7 per cent. From there, Stockdale & Leggo and Harcourts both hold 2 per cent market share.
The Carlton market suits investors, with plenty of apartments at the more affordable median price of $330,000 and 75 per cent of residents renting. Corelogic RP Data tells us the average two bedroom apartment in Carlton will rent for $520 per week, giving savvy real estate businesses the opportunity to build a successful sales and property management operation.
The opportunity to open a business in the heart of Carlton is with Ray White. If it’s an area of interest for you, we can help you build a competitive business. Talk to us today.
Contact:
Andrew McCulloch | +614 7903 9440
