Archive for April, 2013

Our Backyard – Lorne

'Lorne – Market Round up’
Further to the Roy Morgan research report on business confidence that was posted last week, that same company has just released their latest Consumer Confidence report. According to Roy Morgan, consumer confidence rose to 123.2 points (up 1.4 points since March 30/31 2013). Consumer confidence is now 13.2 points higher than at the same time a year ago, April 7/8 2012.
The small gain in consumer confidence … Continue Reading »

Our Backyard

‘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) … Continue Reading »

Our Backyard

‘Lorne – Market Round up’. I was exposed to a recent suburb snapshot of Lorne completed by R.P data which confirmed the following interesting numbers-
i. Median House price $825,000
ii. Median Unit price … Continue Reading »

Our Backyard

Lorne – General Market Round-Up According to Dr Andrew Wilson, senior economist at Australian Property Monitors, the Australian housing markets have started 2013 encouragingly with solid indications of rising buyer activity and increased confidence from sellers. Historically low interest rates are the fuel of this emerging fire which is no real surprise given the typical impact of low mortgage rates on buyer activity in previous housing growth cycles. The … Continue Reading »