Our Backyard – Lorne

‘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.

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‘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.

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‘Lorne – No better place in the world’.

Split Point lighthouse

‘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 https://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”

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