‘Lorne – Market Round up’. What a week it’s been, last week we posted that we believed that there was a change ahead but perhaps not to the levels that we have seen on the Parliamentary scene. With Kevin Rudd throwing his hat in the ring for the Labour leadership and members of caucus launching unprecedented personal attacks, change is well and truly underway. Irrespective of personal persuasion it’s fair to say that Australians have had enough! Its time to move on and according to a recent Ray Morgan research report 80% of employed Australians say their job is safe and we feel more confident that ever before to forecast that in years to come we will reflect on the summer of 2011/2012 being the turning point for consumer confidence.

‘Lorne – Weekly report’. February has continued to show greater strength than January with the sales of83 Deans Marsh Road,1/17 Smith Street and31 Polwarth Road all being contracted over the past seven days.

Demand for good opportunity has been reasonable but potential buyers have continued to be very “value focused” and it comes as no surprise that it is those Vendors who are prepared to listen to the market are ones that are getting results!

The town has continued to be busy with the large month long medical conference at Mantra drawing to a close and the continued good weather bringing day trippers to Lorne in great numbers.

‘Lorne – No better place in the world’.

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 ‘Lorne – You must have a look at this’. We recently offered the 31 acre bush allotment bordering the Lorne township at 100 Heath Streetby public tender. The property did not sell through the process and with the company in voluntary liquidation the motivation of our sellers provides a very motivated Vendor. Details here.

‘Lorne – Quote of the week’. “A wise man will make more opportunities than he finds” Francis Bacon

 ‘Follow us – A complimentary service’. Free! – Daily reports from Lorne and you can take your pick as to whether you want to stay up to date with the latest coastal real estate news or just the “goss” on what’s happening in and around Lorne. Follow me which ever way you like.

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See you in Our Backyard.

Ian Stewart Lorne Real Estate

Lorne Real Estate News and Open Inspections Feb 4 – 5

‘Lorne – Market Round up’.  According to Roy Morgan Research business confidence rose marginally to 117.2 from 115.7 in November. Confidence in Australia has now increased for the fifth consecutive month making it well above the low point of 99.8 recorded in July 2011. This improvement was in spite of global economic uncertainty and very volatile share markets. The record drop in interest rates probably assisted the improvement.

‘Lorne – Weekly report’. The last week of January contributed as the strongest for the month with some outstanding results across all sectors of the market. For the first time in months we experienced multiple buyer interest at both ends of the pricing scale. The sale of 1 Roadknight Street on Monday was driven by two buyers to record Lorne’s second biggest residential house on record and another $4 million plus sale for the town. While at the ether end of the scale two motivated buyers contested the sale of a one bedroom studio apartment to complete the transactions at the full asking price – another great result, with the under bidder moving on to purchase another apartment that our team sourced for them. All in all one of Lorne better weeks in real estate over the past 12 months.

‘Lorne – No better place in the world’.

‘Lorne – You must have a look at this’ The quality built two storey residence at 83 Deans Marsh Road Lorne now with an asking price of $849,000. Backing onto the open spaces of the Lorne Country Club boasting picturesque ocean outlook this is an opportunity not likely to be repeated.

‘Lorne – A little secret’ I feel sure that most people would be familiar with “Feb Fast” concept of having an alcohol free February. After having my wife Lynda make the commitment and take on support and sponsorship I thought “well that’s something I should also do”. That’s only 672 hours, but no a leap year – 696 hours, still should not be too hard. Sorry all too hard at the 42.5 hour mark I cracked and alcohol touched my lips. I did try it but I failed after only 6.2% of time elapsed. Oh well there’s always next year.

‘Follow us – A complimentary service’. Free! – Daily reports from Lorne and you can take your pick as to whether you want to stay up to date with the latest coastal real estate news or just the “goss” on what’s happening in and around Lorne. Follow me which ever way you like.

	www.facebook.com/ianstewartlorne
	www.facebook.com/lornerealestate
	www.twitter.com@IanStewartLorne
	www.twitter.com@lornerealestate

See you in Our Backyard.

ian@greatoceanroadrealestate.com.au

mobile: 0418 522 571

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