Our Backyard – Lorne

LORNE – HERE AND THERE

The biggest news of the week is without doubt the Surf Coast Shire council issuing a notice of decision to grant the planning application for the Point Grey Precinct. After twelve years of community discussion and numerous versions of the plans for the precinct, we now have a fully funded DWELP and Surf Coast Shire approved “shovel ready” project ready to go. Although Tuesdays council decision contained a number of conditions to the permit, there was nothing “out of left field” that is likely to de-rail the project. The tasks now rest back with the Great Ocean Road Coast Committee to satisfy the permit conditions and progress the project – no small task. But after 12 years on the drawing board, we are now in a position to move forward!

LORNE – MARKET ROUND UP

As the momentum of property interest had begun to build this “second round” of a spike in Coronavirus infections has cautioned us all, while the ongoing sentiment in the property market continues to be remarkably good. In fact, the entire Great Ocean Road corridor has continued to experience growing buyer demand. With this ongoing interest, is an emerging buyer profile representing a sector of the market that now believe our coastal regions can support their working lifestyles and that permanent living on the coast when sustainable, is far more enjoyable than city living, and who can argue!

LORNE – A LITTLE SECRET

The past week has seen continuing success at Apollo Bay, a great result of just under $3 million at Fairhaven and an “off market” transaction at Hopetoun Terrace, Lorne of just over $1.5 million. All in all, the local property market is performing “seasonably well” when you consider the concerns around the pandemic.

LORNE – QUOTE OF THE WEEK

“It’s a slow process but quitting won’t speed it up”.

YOU MUST HAVE A LOOK AT THIS

If its “walk to everything” that you want in the heart of Lorne and the opportunity to create exactly what you want, then you must look at 52 Smith Street.  Check it out here.

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