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 has been driven by increasing confidence about Australia’s personal financial situations and also about buying major household items.

An increasing number of Australians, 43% (up 5%) expect to be “better off” financially over the next 12 months and only a small 13% (down 1%) expect their family to “be worse off” financially.

Charles

‘Lorne – Weekly report’

Another consistent week of real estate enquiry on the coast; with 31 Charles Street selling for just under $1.5 million and Apartment 9 in Point Grey also being contracted. As consumer confidence continues to build on the momentum of recent months, leisure seekers are at least starting to open their wallets again for well priced stock whereas 12 months ago they were not!

This Saturday sees the Lorne Dolphins take on Forrest at the Stribling Reserve oval so get up there and cheer the local players along!

A fantastic turnout of approximately 300 people at the early Anzac service was a highlight of the week where locals, non-permanent residents and visitors alike paid tributes and respect to our Anzac heroes.

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Ian Stewart
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