General Market Roundup According to a National Australia Bank survey the number of new owner-occupier housing loans rose by 1.0 percent in October, the ninth increase in the past 10 months. First home buyers accounted for just 12.6 percent of all loans, up from the record low of 12.5 percent in September. Business conditions at 15 month high: The NAB business confidence index eased from +6.1 percent to +5.3 percent in November. The business conditions index improved from minus 3.6 points to a 15 month high of minus 2.7 points. Lorne Market Roundup The middle of December traditionally sees a slowing of the property market as people begin to concentrate on the Christmas festivities. The last week has been no different with the only contracted sale being the residence at 20 Dorman Street, which sold for just under a million dollars. This weekend “kicks off” our summer marketing campaigns with a number or properties and the release of our media campaigns in the Coast and Country section of The Melbourne Age – make sure you check them out. LAST MINUTE ACCOMMODATION OPPORTUNITY – As a result of a late cancellation we have one of Lorne’s finest period homes available for a week’s accommodation between Christmas and the New Year. This will not last long so jump on the chance to rent one of our best period homes in what is simply a AAA location. Give us a ring on (03) 5289 4233 to confirm your last minute getaway. Lorne – No better place in the world Lorne – You must have a look at this Ever wanted your own unique 5 acre allotment with Lorne’s most self-sustainable house? Then there is one coming at 140 Grove Road, Lorne and it is an absolute beauty. Being constructed from reclaimed timbers, it sits perfectly in the unique environment. Call any one of us to find out more. Lorne – Quote of the week Only a hop skip and a jump – “Not far away”

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