Our Backyard

‘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

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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 unbeaten 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” ‘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 22 571

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