11th May 2022
APOLLO BAY- HERE & THERE
This weekend we welcome the Great Ocean Running Festival back, Australia’s most stunning running event! A weekend long celebration of running, music & wellness, attracting athletes from all over the world the event is a chance to experience the picturesque Great Ocean Road with no traffic!
With 9 race distances there is something for all fitness levels and abilitites, with a 60km Ultra Marathon, 44km Marathon, 23km Half Marathon, 14km Run, 6km Run, 13 & 6km trail runs, 5 & 10km Great Ocean Walk, & of course the Great Ocean Road Real Estate 1.5km Kids Gallop!
The festival also includes events & activities for all ages, such as a kite festival, Pub to Pub Waiters Race or relax at a yoga session by the beach followed by an afternoon of live music.
Apollo Bay is home to the Start & Finish lines of all Saturday events, & the Finish line of the Marathon events on Sunday. There will be a festival Hub located on the Apollo Bay foreshore for deals on running products, sponsor activations, activities for the whole family & a Merchandise Store.
Good luck to all participants!
Click HERE for further info
APOLLO BAY- MARKET ROUND UP
A number of factors have resulted in recent headlines predicting ‘doom & gloom’, however the current market here on the coast, although a little quieter in recent weeks, can be best described as steady transactional activity.
When researching property, we must examine individuals in order to comprehend the elements that will influence and alter their decisions when purchasing real estate; these aspects will drive demand and supply.
When assessing if boom or bust is around the corner, Certified Property Valuer, Gareth Kent suggests asking yourself “what has changed in my world that would make me change my decision-making process about my property”.
With two major elections on the cards, and promises such as road & public transport upgrades, education funding, health and defence spending, these factors stand to impact people’s decision making, causing uncertainty through the process and resulting in an extension in the time it takes people to make their decisions. This in turn directly correlates into longer selling periods for property. Though this process is only a temporary delay, with uncertainty often disbursing once voting has concluded.
While all major Australian banks are predicting rate rises, historically these rises have been in 0.25% quarterly increases, allowing people time to absorb & adjust. Despite a prediction in rate rises, all banks are also forecasting property values to still increase in 2022.
As consumers, no doubt we have all noticed an increase in pricing across the board, whether that be for an apple or a lawnmower, inflation is certainly here! But we can look to history and see that with inflation often comes long overdue wage growth. Combined with current low unemployment rates, wages are being forced upwards.
While we can’t accurately predict the future, change is constantly imminent. Instead of being apprehensive to change, we can allow ourselves more clarity around what to do and when by working to understand the driving impacts behind our property decisions.
For and on behalf of the entire Great Ocean Road Real Estate team
APOLLO BAY- A LITTLE SECRET
LIVE MUSIC – APOLLO BAY HOTEL
The Apollo Bay Hotel will be hosting live music throughout the weekend, the perfect perch to sit back and spectate the festival, overlooking the finish line!
Saturday May 14th / 9:00pm til Late
Fleetwood Mac 6 piece cover band with a special appearance of Lukey Luke and the Sexy Saxophone Beast
Sunday May 15th / 2:00pm – 5:00pm
Lukey Luke and the Sexy Saxophone Beast
APOLLO BAY- QUOTE OF THE WEEK
“Have enough courage to start and enough heart to finish”
Click HERE to view our current listings