Lorne – Market Round UP The last week of the fiscal year is always a busy time of the financial year and a great time for the numbers to be entering the spreadsheets and the K.P.I’s coming out the other end to point the picture on the data. Our forecasts have been that the average house price is likely to have softened through the past twelve months but increased volumes … Continue Reading »
Welcome to Aireys Inlet I reported some five weeks ago of the proposal by the Surf Coast Shire to increase rates on properties it claimed as ‘commercial holiday homes’, in its draft budget for 2014-2015. The Shire received dozens of written responses objecting to the increase. In fact our Managing Director, Ian Stewart made a presentation directly to the Surf Coast Shire objecting to the increase on behalf of our … Continue Reading »
Lorne – Market Round UP
Big news of the week was the Reserve Bank of Australia keeping the cash rate at 2.5% as they continue to endeavour to kick start the economy. On the back of last month’s Federal Budget and the weakening of consumer confidence the Reserve Bank appears to be concerned by the lack of stimulus across most sectors.
The Melbourne property market according to R. P. Data saw Melbourne’s … Continue Reading »