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
