Great Ocean Road Real Estate - Torquay, Lorne, Apollo Bay, Aireys Inlet Accommodation

Our Backyard

Great Ocean Road Real Estate — Fri, 14 Jun 2013 02:00:56 +0000

‘Lorne – Market Round up’. The Melbourne residential house market is one of the best indicators and forward forecasting tools that we on the coast and in leisure markets within two hours of the city rely on heavily in predicting future trends. If the current market conditions continue through the winter months and gather further momentum following the September election and into spring, the summer period of 2013/14 is shaping up to better than the one just passed.

With the Australian dollar losing considerable ground over the past month and the echoes’ of rising employment amidst the Ford and Target Geelong “stand downs” there still remains an air of uncertainty that needs to be overcome.

‘Lorne – Weekly report’. The Queens Birthday long weekend has come and gone and with significant crowd numbers continuing to enjoy Lorne and the coast, our markets have shown ongoing positive signs and results for coastal property that represents good value to discerning purchasers.

The sale of 24 Toorak Terrace at just under $1.3m was a solid outcome on the back of the two sales just over a million dollars at 15 George Street and 13 Hazel Street becoming unconditional.

The Lorne Dolphins suffered their first defeat at the hands of Colac Imperials on Saturday last and with the unfortunate loss of the four points from their first round match against Apollo Bay now have to ensure a strong second half of the year to guarantee a top three finish.

This week our netballers and footballers take on Irrewarra Beeac in an important match for the club. If you’re in Lorne get up to the Stribling Reserve to show your support.

Open Houses

Saturday 15th
12.00 – 12.30 50A Dorman Street Lorne

‘Lorne – You must have a look at this’. Lorne’s landmark Masonic Lodge has undergone a number of price re-alignments and is now well positioned in the real estate market to represent great value buying. Whether you are looking to renovate and convert, lease or land the AAA location will always underpin the long term value of this property. Check it out.

‘Lorne – Quote of the week’. Nervous as a long tailed cat in a room full of rocking chairs –“Nervous”

‘Follow us – A complimentary service’. Free! – Daily reports from Lorne and you can take your pick as to whether you want to stay up to date with the latest coastal real estate news or just the “goss” on what’s happening in and around Lorne. Follow me which ever way you like.
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AVAILABLE FREE EVERY DAY – ALSO FEATURES DAILY TIDES FOR THE OCEAN ENTHUSIAST

See you in Our Backyard

Ian Stewart
0148 522 571

Our Backyard – Lorne

Great Ocean Road Real Estate — Fri, 07 Jun 2013 02:30:10 +0000

‘Lorne – Market Round up’.

The Reserve Bank of Australia on Tuesday left interest rates at their historic low level which continues to provide a great platform for anyone looking to enter the coastal property scene. The continuing building of strength and momentum in the Melbourne residential property market is a great sign for the future of the coast.

Historically our records have indicated that the coastal market follows the trend of the Melbourne property market albeit with a six month delay. Our trends have illustrated that purchase of a lifestyle asset is very much dependent on a number of factors such as consumer confidence, the Melbourne market and increasing equity in consumer’s primary place of residence. Combined with low interest rates and a realigned property market; all the indicators appear well aligned for a steady recovery.

‘Lorne – Weekly report’.

The month of June has continued as consistently as May finished with the contracting of an apartment sale and two other substantial properties currently under negotiation. Enquiry for quality, well priced coastal property remains constant but the common thread of all enquiries is price. With the long weekend likely to bring one of the final waves of enquiry, those astute buyers are in the driver’s seat to ensure “value buying”.

The Lorne Dolphins take on top two aspirants Colac Imperials in Colac this weekend in what is being tipped as the match of round. Good luck to all the girls and guys as they look to consolidate their strong stats to the season.

‘Lorne – No better place in the world’.

‘Lorne – You must have a look at this’.

Until you inspect the property at 35 Richardson Boulevard you have no idea of the quality of construction, fittings and finish that are on display in this quality residence. The well planned and private outdoor landscape is as equally impressive as the home itself and at $735,000 it must be inspected to be appreciated. Check it out at http://www.greatoceanroadrealestate.com.au/141194/

‘Lorne – Quote of the week’.

Better than a poke in the eye with a hot stick – “Not all that bad”

‘Follow us – A complimentary service’. Free! – Daily reports from Lorne and you can take your pick as to whether you want to stay up to date with the latest coastal real estate news or just the “goss” on what’s happening in and around Lorne. Follow me whichever way you like.

www.facebook.com/ianstewartlorne
www.facebook.com/lornerealestate

www.twitter.com@IanStewartLorne
www.twitter.com@lornerealestate

AVAILABLE FREE EVERY DAY – ALSO FEATURES DAILY TIDES FOR THE OCEAN ENTHUSIAST

Our Backyard

Great Ocean Road Real Estate — Fri, 31 May 2013 00:45:46 +0000

‘Lorne Market Round-up'. According to R.P data senior research analyst, Cameron Kusher, weekly rents have increased by 3.5% over the past year while value growth has been moderate and there has been virtually no change to yields yet investor activity in the housing market is ramping up.

Over the 12 months to April 2013, capital city median rental rates are recorded at $474/week for houses and $440/week for units.
Despite the comparatively lower level of value growth for housing, over the past five years rental rates have increased at an average rate of 5%.
These rental trends are also applicable to our coastal markets and the outcomes which are likely to be seen in the short to mid term is a firming of property prices – In our opinion it will be slow and steady – but it will happen.

‘Lorne – Weekly report’. As we draw to a close on historically one of our quietest months on our annual calendar we can report that this May has been more productive than most. Both with visitors to our town and activity in general the month has been strong.
On the sales front we can report three transactions in excess of a million dollars which underpin our ongoing confidence and optimism in the market in which we specialize, backed up by another three in the $700,000 to $1,000,000 price range.
Again the common thread behind every one of these deals was the willingness of property owners to “meet the market”.
This week the local Dolphins take on the Western Eagles at home and the efforts of all football and netball teams have been well rewarded through the early part of the season. All three football sides are well positioned to ensure finals appearances and the undefeated U/15 Lorne netballers lead a strong contingent of girls across all divisions of netball – Go Dolphins.

‘Lorne – You must have a look at this’. If you want a “sneak peak” of a superb Smith Street property that sits on two titles and enjoys a magnificent northerly aspect from the two storey 4b/r home then give us a ring. You won’t be disappointed.

'Lorne – Great Local Slang'. That was a cockeye bob! – “A sudden storm or squall”

See you in Our Backyard

Ian Stewart
0418 522 571

Our Backyard

Great Ocean Road Real Estate — Fri, 24 May 2013 01:35:49 +0000

‘Lorne – Market Round up’. Last weekend I was fortunate enough to attend the Australian Real Estate Conference at the Gold Coast convention center. It was a great two days of listening to world best real estate speakers and also some great Australian business people and media commentators.

To hear people like Sydney’s Alan Jones and Aussie Home Loan king John Symond spruik their stories and forecasts for the future gave me great comfort as they both displayed thoughts that have been aligned to ours over the past months. Both were strong in their beliefs that the property market has bottomed and fueled by the lowest interest rates in history, opportunity has never been stronger!

Speaking with fellow real estate agents from the Gold Coast, Sydney, Broome and Margret River there continues to be one clear message that the market is better this year than it was at the corresponding time last year.

‘Lorne – Weekly report’. The Great Ocean Road International Marathon has been run and won and again the region had great numbers on the coast and within excess of 5000 competitors and was acclaimed the “best” yet and one which we are proud to be their major sponsor!

The local property market has continued to produce turnover where buyers can see value at a time of the year when historically we are quiet. The signs of improvement are consistent and with the sale during the week of an apartment that had been on the market for in excess of 2 years confirms how crucial re-alignments are in achieving success.

The Dolphins remain undefeated, but not on top of the ladder after their game opener misdemeanor, and this week they have a bye as the Colac and District League take on Warrnambool and District Football League in an interleague match. Along with the senior team the Lorne U15 netballers also remain undefeated.

Open Houses
Saturday 25th
12.00 – 12.30 24 Toorak Terrace Lorne

Lorne – You must have a look at this’ Anyone searching for a vacant block of land must check out the last remaining block of three in Normanby Terrace. At just over $300,000 the opportunity exists to secure approximately 600sq meters of land in a street where blocks on the other side of approximately ½ the size have been selling for the same amount. Check it out.

‘Lorne – Great Local Slang'. Bloody Oath – “That's absolutely true”.

See you in Our Backyard

Ian Stewart
0418 522 571

Our Backyard

Great Ocean Road Real Estate — Fri, 10 May 2013 05:20:51 +0000

‘Lorne – Market Round up’. Without doubt the biggest news of the week has been the Reserve Bank of Australia taking the lead to reduce interest rates to their lowest point in history at 2.75%. This landmark level and “market optimism” combined with the Federal election later in the year surely must signal the final opportunity for those wanting to secure a lifestyle asset at the bottom of the real estate cycle.
There has never been a better time to enter the Lorne property market than this very moment and in years to come your prudent decision can be aligned and prefaced by the bottom of the cycle in 2013 when interest rates were only 2.75%

'Lorne – Weekly report’. The coastal leisure market continues to re-enforce that it “has a pulse” and with a further two contracted deals in the past seven days these astute value seekers are continuing to be rewarded with their purchases.

On the back of those contracts there are a couple of excellent negotiations drawing to the “pointy end” which will re-enforce that the pulse has become a “heart beat” – stay tuned!

The Dolphins had another great win out at Alvie last weekend and take on Birregurra up at the Stribling reserve Oval in Lorne on Saturday. The girls U/15 netball team remain un

beaten and all other teams being very competitive the season is shaping up well for the club.

If you get a chance get up to the ground and support the locals!

Open houses
Saturday 11th May
12.00 – 12.30 24 Toorak Terrace Lorne
1.00 – 1.30 Apartment 5 Point Grey Apartments

‘Lorne – You must have a look at this’. What continues to amaze us is why we haven’t sold the two bedroom bran as new apartment in the Point Grey development. At only $450,000 this well appointed two bedroom apartment represents one of the best buying opportunities in Lorne. You must check it out.

‘Lorne – Great Local Slang-. He’s having a Barry Crocker – “A shocker or a bad time”

See you in Our Backyard

Ian Stewart
0418 22 571

Our Backyard

Great Ocean Road Real Estate — Fri, 03 May 2013 01:31:16 +0000

‘Lorne – Market Round up’. According to the recent post by R.P Data dwelling values across the country contracted – 0.5% over the month of April after posting a solid 2.5% gain over the first three months of 2013.

Based on the April R.P Data Rismark Home value index, capital city dwelling values recorded their first month on month decline since December, posting a -0.5% fall across the combined capital cities index.

The April decline in dwelling values partly reverses the growth seen over the first quarter of the year where capital city dwellings rose by 2.8 per cent.

The positive is that according to R.P Data’s director of research, Tim Lawles, the April results represent more of a stumble along the path to recovery than a sign of a renewed trend in value falls.

‘Lorne – Weekly report’. The last week of April produced a flurry of real estate activity that started with the auction at 8 Kerrie Court, Aireys Inlet. The brilliantly located two storey dwelling was promoted in the $760 – $800k price range and after being announced “on the market” in this range eventually sold after vigorous bidding for $850.000. A further three Lorne contracts were concluded in the week following the auction to continue the demand for well priced stock.

The month of May is “marathon month” – The Great Ocean Road Real Estate – International marathon which this year being its ninth running. With just over 5000 entries, 100 from overseas, this year’s event will be the biggest yet.

Arrange to get down here for the weekend of May 18th & 19th for this world class event.

This weekend the Dolphins play Alvie at Alvie and along with the U/15 netballers are looking to keep their unbeaten record intact.

Open Houses
Saturday 4th
11.00 – 11.30 52A Dorman Street Lorne
12.00 .12.30 24 Toorak Terrace Lorne
Sunday 5th
11.00 – 11.30 Apartment 5 Point Grey Apartments

‘Lorne – You must have a look at this’. Looking for approximately 100 acres with a superb home within 10 minutes of the Lorne main street. With a recent price alignment to $1.5m this ‘executive property” is priced to sell, Contact one of our team for an update.

‘Lorne – Great Local Slang’.“Let’s hope so, the summers been so dry”

‘Follow us – A complimentary service’. Free! – Daily reports from Lorne and you can take your pick as

to whether you want to stay up to date with the latest coastal real estate news or just the “goss” on what’s happening in and around Lorne. Follow me which ever way you like.
www.facebook.com/ianstewartlorne
www.facebook.com/lornerealestate
www.twitter.com@IanStewartLorne
www.twitter.com@lornerealestate

AVAILABLE FREE EVERY DAY – ALSO FEATURES DAILY TIDES FOR THE OCEAN ENTHUSIAST

See you in Our Backyard

Ian Stewart
0418 522 571