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 – Open houses this week’ | |
| Saturday 4th February | |
| 11:00am – 11:30am | 56 Deans Marsh Road, Lorne |
| 11:30am – 12:00pm | 10 Dorman Street, Lorne |
| 11:30am – 12:00pm | 31 Polwarth Road, Lorne |
| 4:00pm – 4:30pm | 13/3-9 Armytage Street, Lorne |
| 4:00pm – 4:30pm | 5/3-9 Armytage Street, Lorne |
| Sunday 5th February | |
| 12:00pm – 12:30pm | 6 Hopetoun Terrace, Lorne |
| 1:00pm – 1:30pm | 83 Deans Marsh Road, Lorne |
‘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.
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See you in Our Backyard.
ian@greatoceanroadrealestate.com.au
mobile: 0418 522 571
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