‘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”.

‘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

See you in Our Backyard

Ian Stewart
0418 522 571

‘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

‘Lorne – Market Round up’. Great to read that according to Roy Morgan research Business Confidence in Australia continued its run above 120 in March to be virtually unchanged at 122.9 just 0.9 below the February peak. The small fluctuations so far in 2013 represent a period of relative stability in overall Business Confidence not seen in over a year.

According to Nigel Smith (Director of Business Research, Roy Morgan) “A variety of business indicators now show that during January and February of this year, Australian businesses experienced a brief up turn in confidence and overall business conditions”.

‘Lorne – Weekly report’. Another week of “continuing the trend” and re-enforcement of well priced property will be well received by the market place. No better example than the property that was listed and sold within a fortnight at No 1 John Street here in Lorne. After listening to our advice and guidance the property was listed for $875,000 and a “strategically planned” off market strategy put into place.

Within the first week we had three interested parties expressing their desire to purchase and by the end of the second week we had the property contracted for in excess of $900,000 – a great result for all involved except the two unlucky parties who missed out.

Talking of great results – Lorne Surf Club’s Tristan Read won an Australian Masters Surf Race Title on the Gold Coast. Tristan will be well known to many given his involvement with the Surf Club juniors over past years.

If you get a chance head to Colac this weekend to support the Dolphins in their clash against South Colac.

‘Lorne – You must have a look at this’. Not real estate related this week but in my view of equal significance. If you get an opportunity take a drive to the local Country Club and check out the work of the Lorne Country Club volunteers. A couple of great working bees, passion and pride has helped deliver a fantastic fresh new garden and entry area and with a makeover underway to the tennis courts the Club is continuing to be revitalized.

Open Houses
Saturday 20th
12.00 – 12.30 31 Charles Street Lorne
1.00 – 1.30 24 Toorak Terrace Lorne
Sunday 21st
12.00 – 12.30 Apt 5 viagra online canadian pharmacy Point Grey Apartments

‘Lorne – Great Local Slang’. Dig a hole and bury me – “It dosen’t get any better than this”

‘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