22nd December 2021
APOLLO BAY- HERE & THERE
As another year draws to a close, one that at times has felt longer than most, yet has also seemingly flown by before our eyes, we would like to take this time to thank all our valued clients for your support in 2021, we wish you all a safe & Merry Christmas & very best wishes for the New Year ahead. We look forward to seeing you in our backyard over the summer. The summer season is in full swing, sun filled days, refreshing swims at the beach, and an endless amount of cafes to choose from, Apollo Bay is the place to be. Bustling streets and packed beaches full of happy holiday makers is what makes this season the best time of year. We look forward to seeing you in our backyard over the summer.
APOLLO BAY- MARKET ROUND UP
Apollo Bay’s year in the sun. It has been a dynamite year for the property market on the coast. Buyer enthusiasm and property sales transactions have been at unprecedented levels, and property values have escalated by up to 30 percent as buyers scrambled to have their name on title deeds of properties in the Apollo Bay region throughout the year.
Great Ocean Road Real-Estate was once again top with unprecedented volume. This success is attributed to 30 years of building strong relationships with domestic, interstate, and overseas clients, a trust that becomes invaluable especially when buying sight unseen on the strength of a recommendation.
Trends include a shift to finding homes or apartments to move into. Rather than speculative investments. A high portion of properties were bought by Melbourne residences planning for their move or future holidays and with borders open again, a fresh buyer surge will arrive in 2022, all hoping to fulfil their aspirations.
New records were set across all property types in 2021:
Were in strong demand with medians sitting around $638K for year ending 2021 with 2/15 Cawood Street recently selling in excess of 900K.
In premium locations established new records and benchmarks, with the median now sitting at $897,600. At 18 Point Avenue, Skenes Creek a house was negotiated earlier this year for $860,000 through a Zoom platform auction, exceeding the price expectation by $65,000, the property was last sold in 2019 for $399,000, a clear indicator of the market growth over the past 2 years. Confidentiality agreement restricts reporting a couple of higher sales.
Buyers have been snooping on land and new subdivisions at Milford Estate. Sales record high demand and record pricing in excess of $600K, with the median sitting at around $602,200.
“The culture of co-operation in our office is one of our great strengths”, it is a comment often express by our clients, and is clearly evident with our selling strategies, with agents urging on their introduced buyers. The result is one of complete jubilance with grateful sellers celebrating success and buyers who missed out, fairly knowing they had every chance.
Expression of interest campaigns are now widely preferred as the most effective method of sale and the clearance rate is a resounding 90% plus. EOI’s are exciting and a great way of maximising expectation, providing the ideal forum for sellers to negotiate with every interested party. This results in the absolute best price paid.
Why is Great Ocean Road Real Estate consistently first choice?
A lot goes on behind the scenes to attract and excite buyers, primarily it’s all about our people, then myriad aspects of a marketing campaign, print media remains an integral part, internet branding and dominance through realestate.com a mainstay and social media has developed into an effective tool.
The Great Ocean Road Real-Estate brand has continued to strengthen and as a company we have tirelessly promoted the appeal of the Apollo Bay lifestyle. Via our long-standing media connections and commitments throughout the country and overseas.
We welcome you all, our friends, and clients, here to the summer months in Apollo Bay relishing a long awaited and well-deserved holiday. Where else can you enjoy such a safe environment overflowing with natural assets, as we always say, paradise by the sea.
Take care and enjoy,
For and on behalf of the entire Great Ocean Road Real Estate team
APOLLO BAY- A LITTLE SECRET
Want to get out of the house this summer and enjoy a relaxing yet exciting holiday full of adventures? Let the kids run wild these holidays in amongst the true wildlife of Apollo Bay, immerse yourself in the wilds of the Otway’s at Wildlife Wonders on the Great Ocean Road, just 5km west of Apollo Bay. Enjoy a guided walk through the Otway’s bushland taking in the spectacular views across the ocean. Or get in amongst the amazing blue water of Apollo Bay with Surf & Kayak and head out to the reefs just off the shore and get up close and personal with the seals. Maybe you want something a little more relaxed? Head up to the top of mariners look out and watch the sun set over the whole of Apollo Bay, what a way to end a fun filled summer day!
APOLLO BAY- QUOTE OF THE WEEK
“Be the energy you want to attract”
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