If ever there was more evidence needed of the bounce-back of our property market, this January must surely be it. Sales results are strong with one property selling under competition above the asking price and others selling within $10,000 of the ask. Properties that have been on the market for 12 months, another indicator the market has moved forward as they eventually sold at close to the original listed price. An impressive sale being that of 42 Banool Road, Fairhaven, sold prior to auction for an undisclosed figure.

If sales continue in the same vain for the coming months, then scarcity of stock will become a problem, which was a characteristic of our market in the heady times of 2006/07. Strong demand combined with low stock levels will put upward pressure on prices. Good news for those who own in the area, but signs that today’s prices may look cheap in years to come.

Open Houses this weekend

AIREYS INLET
Saturday 23rd January
12:00pm – 12:30pm 9 Narani Way, Fairhaven
3:00pm – 3:30pm 6 Orchid Grove, Fairhaven
Sunday 24th January
1:00pm – 1:30pm 4B Vera Court, Aireys Inlet
2:00pm – 2:30pm 33 Yandanah Road, Fairhaven

APOLLO BAY
Saturday 23rd January
11:30am – 12:30pm 3 Banksia Court Forthcoming Auction Sat 13th of Feb @ 2:00 pm

LORNE
Saturday 23rd January
12:00pm – 12:45pm 16/3-9 Armytage Street
12:00pm – 12:30pm 73 Grant Street, Forrest
12:00pm – 12:45pm 2/127 Smith Street
12:00pm – 1:00pm 3 Bay Street
1:00pm – 1:45pm 181 Great Ocean Road
1:00pm – 1:45pm 63 Ocean Road
2:00pm – 2:45pm 2/21 Smith Street
Sunday 24th January
12:00pm – 1:00pm 3 Bay Street
12:00pm – 12:30pm 34/2-10 Ocean Road
12:00pm – 12:45pm 2/127 Smith Street
1:00pn – 1:30pm 14a Charles Street
1:00pm – 1:45pm 63 Ocean Road

TORQUAY
Saturday 23rd January
12:00pm – 1:30pm 281 Duffields Road, Jan Juc Forthcoming Auction, Sat 23rd of Jan @ 1:30 pm
3:00pm – 3:30pm 7 Royston Lane. Jan Juc
3:00pm – 3:30pm 19 Headland Drive, Torquay
Sunday 24th January
11:00am – 11:30am 31 Rocklea Drive, Torquay
11:00am – 11:30am 12 Grass Tree Court, Torquay
12:00pm – 12:30pm 5 New Street, Torquay Forthcoming Auction, Sat 13th of Feb @ 11:00 am
1:00pm – 1:30pm 2/3 Hoylake Avenue, Jan Juc
1:00pm – 1:30pm 1/3 Hoylake Avenue, Jan Juc
2:00pm – 2:30pm 3/20-22 Surf Coast Highway, Torquay
2:00pm – 2:30pm 26 Alleyne Avenue, Torquay
3:00pm – 3:30pm 4/45 Great Ocean Road, Jan Juc
3:00pm – 3:30pm 6/45 Great Ocean Road, Jan Juc
3:00pm – 3:30pm 3/45 Great Ocean Road, Jan Juc

Steve Ryan Photography

With the Summer weather comes the Summer crowds, and as happens every year, the Coast is bursting with people. Thankfully, this will only last for a while, but to us agents, the effects can last for months and years. Many tourists, holiday tenants and visitors to the area at this time of the year become buyers in both the short and long term. The buyer we show around today may purchase in the next month, year or even two years! Sometimes, people purchase on their first trip and their first look. This is yet another reason why it is critical that properties for sale are priced correctly from the start. The one buyer you missed because your property is overpriced, may purchase another property nearby that is correctly priced. The longer a property is on the market, can lead buyers to ask ‘Why is this property still for sale?’ As the old saying goes: ‘Nobody wants a house that nobody wants’

Pricing correctly from the start is the main ingredient to any sale. Not marketing, not the agent. It always comes back to price

OPEN HOUSES THIS WEEK

AIREYS INLET
Saturday 9th January
12:00pm – 12:30pm 9 Narani Way, Fairhaven
1:00pm – 1:30pm 1156 Great Ocean Road, Lorne
2:00pm – 2:30pm 33 Yandanah Road, Fairhaven
3:00pm – 3:30pm 6 Orchid Grove, Fairhaven
Sunday 10th January
12:00pm – 12:30pm 9 Narani Way, Fairhaven
1:00pm – 1:30pm 4B Vera Court, Aireys Inlet
2:00pm – 2:30pm 42 Banool Road, Fairhaven Forthcoming Auction Sun 24th Jan @ 2:00 pm
Tuesday 12th January
1:00pm – 1:30pm 4B Vera Court, Aireys Inlet
Wednesday 13.th January
12:00pm – 12:30pm 9 Narani Way, Fairhaven
1:00pm – 1:30pm 1156 Great Ocean Road, Lorne
2:00pm – 2:30pm 42 Banool Road, Fairhaven Forthcoming Auction Sun 24th Jan @ 2:00 pm
Thursday 14th January
2:00pm – 2:30pm 33 Yandanah Road, Fairhaven
3:00pm – 3:30pm 6 Orchid Grove, Fairhaven

APOLLO BAY
Saturday 9th January
11:00am – 11:45am 7A Noel Street Auction Sat 16th Jan @ 1:00 pm
Sunday 10th January
11:00am – 11:45am 7A Noel Street Auction Sat 16th Jan @ 1:00 pm
12:00pm – 12:45pm 8 Casino Avenue Auction Sat 16th Jan @ 3:00 pm
1:15pm – 2:00pm 295 Tuxion Road Auction Sat 17th Jan @ 3:00 pm
3:00pm – 3:45pm 5022 Great Ocean Road Auction Sun 17th Jan @ 1:00 pm
Wednesday 13th January
11:00am – 11:45am 7A Noel Street Auction Sat 16th Jan @ 1:00 pm
12:00pm – 12:45pm 8 Casino Avenue Auction Sat 16th Jan @ 3:00 pm
Thursday 14th January
3:00pm – 3:45pm 5022 Great Ocean Road Auction Sun 17th Jan @ 1:00pm
Friday 15th January
11:00am – 11:45am 7A Noel Street Auction Sat 16th Jan @ 1:00 pm
1:15pm – 2:00pm 295 Tuxion Road Auction Sun 17th Jan @ 3:00 pm

LORNE
Saturday 9th January
12:00pm – 12:45pm 6/3-9 Armytage Street
12:00pm – 12:30pm 73 Grant Street, Forrest
12:00pm – 12:45pm 16/3-9 Armytage Street
12:00pm – 1:00pm 3 Bay Street
1:00pm – 1:45pm 181 Great Ocean Road
Sunday 10th January
12:00pm – 1:00pm 3 Bay Street
12:00pm – 12:30pm 34/2-10 Ocean Road
Monday 11th January
12:00pm – 1:00pm 3 Bay Street
Tuesday 12th January
12:00pm – 1:00pm 3 Bay Street
Wednesday 13th January
12:00pm – 1:00pm 3 Bay Street
3:00pm – 3:45pm 49 Deans Marsh Road

TORQUAY
Saturday 9th January
12:00am – 12:30am 281 Duffields Road, Jan Juc Forthcoming Auction Sat 23rd Jan 1:30 pm
Sunday 10th January
12:00am – 12:30am 281 Duffields Road, Jan Juc Forthcoming Auction Sat 23rd Jan 1:30 pm
1:00pm – 1:30pm 3/20-22 Surf Coast Highway, Torquay
2:00pm – 2:30pm 1/3 Hoylake Avenue, Jan Juc

Come along to an open, we’d love to see you there.

Michael, Ian, Darren & James

Steve Ryan Photography