Great Ocean Road Real Estate Lorne, Wye River, Deans Marsh, Kennett River

Our Backyard Lorne

Great Ocean Road Real Estate Lorne — Fri, 11 May 2012 02:10:01 +0000

‘Lorne – Market Round up’. According to R.P Data – Rismark Home value index results show that property values fell throughout the month of April reversing the trend of recent months.

Capital city home values fell by 0.8% in April 2012 and are currently below their historic highs in each capital city. Broadly capital city home values have fallen by 6.1% since peaking in October 2010, the results are quite different at an individual capital city level. Although not recorded by R.P Data our historic data indicates to us that coastal prices have come back in the range of 5.15% since our last high. The positive is that there are still active buyers for properties that have adjusted to the market.

‘Lorne – Weekly report’. Historically our financial records have re-inforced that over the years the months of May and August have been the least productive months of our annual cycle. Many factors contribute to this but it is interesting to note that there are no school holidays or long weekends in either of these months.

This week has been a beauty on the coast with temperatures topping the 20c mark on successive days and the ocean producing a good swell under off shore wind conditions.

The Lorne Dolphins play host to Birregurra Football and Netball Club this weekend in what is being described as the “match of the round”. If your in town get along and support the Dolphins.

Open Houses This Weekend

Saturday 12th

1.00 – 1.45pm – 264 Mountjoy Parade Lorne

‘Lorne – No better place in the world’. The Pier at dusk

‘Lorne – You must have a look at this’. Lorne “Masonic Lodge” was auctioned recently and after having the property listed for private sale at $1.075M since the auction, we have just received instructions from the Freemasons that they want the property SOLD. It has just been re-listed for private sale at $975,000 and represents great buying for the various uses that it presents.

‘Lorne – Great Local Slang’. What’s for tea? – Bread and duck under the table – you’ll see!

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Ian Stewart

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0418 522 571

Our Backyard

Great Ocean Road Real Estate Lorne — Thu, 26 Apr 2012 05:51:55 +0000

‘Lorne – Market Round up’. The market re-alignment that has seen the average Lorne house price soften over the past eighteen months has also now started to see asking prices on vacant allotments be re-aligned, and after reading a recent RP data release it is no wonder why. According to this report over the past 5 quarters land sales have bounced around the bottom rather than showing any signs of improvement. Over the quarter, residential land sales across the six mainland states fell by .8% with 10,479 sales. The level of sales activity over the December quarter was 2.7% lower than the previous year.

‘Lorne – Weekly report’. Another good week on the coast with the first whale sightings of the 2012 calendar year. Speaking of things nautical the Lorne Dolphins had a great win on Saturday against early flag favorites in South Colac over at the Elliminyt Reserve. Unfortunately the Lorne senior football side where the only winners with South Colac taking the honors across all other football and netball games

Open Houes

Saturday 28^th

1 – 1.45pm 264 Mountjoy Parade Lorne

‘Lorne – No better place in the world’. “Whale spotting in Louttit Bay”

‘Lorne – You must have a look at this’. Having just had a price re-alignment to $695,000 the 3b/r residence with a picturesque outlook to the pier, this renovated property is priced to sell. The location at 6 Gwynne Avenue is first class with everything that Lorne has to offer within easy reach.

‘Lorne –“Great Local Slang”. It runs on the smell of an oily rag – “an economical car”

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Ian Stewart

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0418 522 571

Great Ocean Road Real Estate Lorne — Thu, 19 Apr 2012 00:40:37 +0000

‘Lorne – Market Round up’. According to the Real Estate Institute of Victoria the 2012 March quarter median prices show that property prices have remained flat over the quarter. The median house price in metropolitan Melbourne was $535,000 representing a minor increase of .9 percent from a revised December quarter median of $530,000.

In the knowledge that our coastal markets have historically followed the trend of our city neighbors it further re-inforces our on-going belief that the market has bottomed and the optimum time to buy is right now!

‘Lorne – Weekly report’. The Lorne Dolphins got off to a great start to the local footy season with a hard fought win over Simpson Football Club in Lorne last weekend. Unfortunately the only success in the day was the U/13 Girls netball team who had a mammoth win over their younger counterparts. Even the inspirational tones of Great Ocean Road Real Estate Director Michael Coutts were not enough to get his undermanned U/14 team across the line. This week all Lorne sides travel to South Colac for what will be a “hard day at the office”!

Open houses

Saturday

1.00 – 1.45pm 264 Mountjoy Parade, Lorne

‘Lorne – No better place in the world’. Louttit Bay last weekend – Autum weather at its best!

‘Lorne – You must have a look at this’. A business for sale in Lorne for $60,00 – Yes you better believe it! A great size shop of approximately 115 sqm and having been originally set up for a restaurant the opportunites are immense! For all information please contact Ian Stewart on 0418 522 571

‘Lorne –“ Great Local Slang”. Sharp as a beach ball – “not very bright or quick”

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0418 522 571

Our Backyard- Lorne

Great Ocean Road Real Estate Lorne — Thu, 12 Apr 2012 05:03:48 +0000

‘Lorne – Market Round up’. According to the RP Data – Rismark Home Value Index over the twelve months ending March 31^st, capital city home values are down 4.4 percent with the largest falls being recorded in Hobart (-7.3 percent), Brisbane (-6.1 percent), Adelaide (-5.7 percent), and Melbourne (-5.4 percent). This same source also reports there are a number of factors pointing towards an improvement in housing market conditions over recent months.

The ratio of national house prices to household disposable incomes is currently below the decade average. Additionally according to the A.B.S housing finance data, both the value and number of loan approvals for the purchase of established dwellings are at levels not seen since November 2009.

‘Lorne – Weekly report’. One of the biggest crowds for the Easter vacation in Lorne over recent years and the real estate market was very active. With five contracted sales through the break, the market has continued the momentum aligned with our forecasts. Vendors who are accepting of the advice of their agents are achieving sales while those that are relying on the comments of others and their own wishes unfortunately are not. There was not better example of this than the sale of 33 Waverley Ave in record time!

This week the CDFNL kicks off with the Dolphins playing host to Simpson at home – get up and support the local teams as they embark on the 2012 season.

‘Lorne – No better place in the world’. Our beautiful Easter Weekend weather.

‘Lorne – You must have a look at this’. Not often do you get the chance to purchase 90 acres on the world famous Great Ocean Road. “Little Sheoak” has substantial frontage to the Great Ocean Road of approximately 13kms and is situated just 4kms South of Lorne. This is a once in a lifetime opportunity.

2530 Great Ocean Road Lorne Vic

‘Lorne – “Great Local Slang” Better than a poke in the eye with a burnt stick! – be thankful for what you’ve got

‘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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Ian Stewart

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0418 522 571

Our Backyard Lorne

Great Ocean Road Real Estate Lorne — Thu, 05 Apr 2012 04:56:23 +0000

‘Lorne – Market Round up’. During the week the Reserve Bank of Australia left Interest Rates on hold but gave very strong indications that the May meeting is likely to see an interest rate reduction. Combine this with the just released Rismark Home Value Index from R.P Data and the positive results from last weekend’s “Super Saturday” of Melbourne auctions and our forecast of “now is the time to be buying” gathers even further momentum. According to R.P Data Australia’s housing market is showing signs of stabilizing after home values rose .2 per cent in March. This result over the quarter is the strongest result since March 2011 when values increased by 0.7 per cent.

Over the school holidays make sure you have a good look for what you are after as the increasing number of sold signs indicates that the market has started to move- don’t miss the boat!

‘Lorne – Weekly report’. Happy Easter- and what a brilliant week of autumn weather as we move into the Easter long weekend. The first week of the school holidays has seen Lorne at its very best and with a jam packed week of activities in front of us there has not been a better time to be in town.

Tonight see’s the official opening by Terry Mulder of the Great Ocean Road Real Estate sponsored Lions Club Easter Art Show and Saturday the Lorne Kindergarten Fair on the Foreshore.

Combine all these activities with the fine offering of open for inspections and private for sale properties and the chance is yours to be part of a very special community.

Open houses

Saturday March 7^th

11-11.30am 52A Dorman Street Lorne

1-1.30pm 75 Charles Street & 77 Charles Street Lorne

Rural

11-11.30am 50 Ondit Road Winchelsea

1-1.30pm 565 Lorne Road Deans Marsh

2-2.30pm 220 Birregurra Road Birregurra

3-3.30pm 610 Pennyroyal Valley Road Pennyroyal

3.30-4.00pm 485 Pennyroyal Valley Road Pennyroyal

Sunday March 8^th

1-1.30pm Point Grey Apartments

Monday March 9th

Rural

11-11.30pm 50 Ondit Road Winchelsea

1-1.30pm 2 Yaughter Road Forrest

2-2.30pm 220 Birregurra Road Birregurra

‘Lorne – No better place in the world’. Our Lorne Rowers!

‘Lorne – You must have a look at this’. Last weekend Lorne’s Masonic Hall was auctioned and passed in. Now for private sale at $1,075,000 this superbly located property offers a myriad of opportunity for the astute coastal investor at a price that underpins its future.

25 Smith Street Lorne – Masonic Hall

‘Lorne – Quote of the week’. “Things are more like they are now than they ever where before” Dwight Eisenhower

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0418 522 571

Our Backyard Lorne

Great Ocean Road Real Estate Lorne — Thu, 29 Mar 2012 04:13:14 +0000

‘Lorne – Market Round up’. An interesting survey was recently completed by realestateview.com.au where they interviewed 1400 consumers who were actively looking at the property market. According to the survey the top three factors influencing people’s decision to buy property are-

i 48.5% Interest rates

ii 47.6% Housing affordability

iii 41.6% Household expenses

From a coastal perspective and with lifestyle buyers our biggest market sector these figures reinforce our optimism on the back of increased sale volumes. With interest rates low and a realigned market there is no better time than now!

‘Lorne – Weekly report’. A big congratulations to the Lorne Surf Club in fielding a 24 strong team to compete at the 2012 Australian Surf Life Saving Championships at Kurrawa Beach on the Gold Coast. One of the strong early performances was our club coach Tristan Read with a great 4^th in the 35-39 year old Surf Swim – stay tuned for further results.

Auction This Weekend

Saturday 31st March

2.00pm – 25 Smith Street, Lorne Masonic Lodge

‘Lorne – No better place in the world’. Surfs Up!

‘Lorne – You must have a look at this’. In one of Lornes most tightly held residential precincts this neat as a pin 3 B/R holiday home at 6 Gwynne Avenue boasts a very pretty outlook over Louttit Bay to the pier. Priced at $720,000 this opportunity wont last long!

6 Gwynne Avenue, Lorne

‘Lorne – Quote of the week’. “Take risks: if you win, you will be happy, if you lose you will be wise” – Julie Cameron

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Ian Stewart

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0418 522 571

Our Backyard – Lorne

Great Ocean Road Real Estate Lorne — Thu, 22 Mar 2012 04:38:00 +0000

‘Lorne – Market Round up’. It appears for the first time in months that all the optimism surrounding
global financial issues and economic trends are beginning to take a back seat as
people look to get on with their lives. Activity around the entire coast from
Torquay to Apollo Bay has seen the best volumes of transactions in months. But
I must qualify this statement on the knowledge that a re-alignment of market
prices has facilitated this change. We are currently running at better than a
sale a day across our coastal network and with a great book of stock there has
never been a better time.

‘Lorne – Weekly report’. A great week again on the sporting front for Lorne with our lawn
bowlers defeating Colac in the division 2 Grand Final and progressing into
division 1 for the 2013 season. For those that don’t know, our financial
controller Brad Weetman skippered his team members to a hard fought win that
made a great contribution to the overall result. Well done boys. Pictured here
is Kevin Van Dueran one of the winning Lorne team members enjoying a refreshment
or two after the game!

‘Lorne – No better place in the world’. Lorne peir when the fish are biting.

‘Lorne – You must have a look at this’. Looking for a total lifestyle change! We have
just listed Bridun Bed and Breakfast for sale by tender. This brilliantly
located facility on the ocean side of Smith Street directly behind Lorne’s
bustling main street is the perfect location to launch your sea change.
Boasting five guest rooms plus a separate owners retreat all the hard work has
been done.

http://www.lornerealestate.com.au/224623

‘Lorne – Quote of the week’. “The only way to the top is by persistent, intelligent hard
work” – A.T. Mercier

‘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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Ian Stewart

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0418 522 571

Our Backyard Lorne

Great Ocean Road Real Estate Lorne — Thu, 15 Mar 2012 04:59:41 +0000

Lorne – Market Round up’.
According to R.P data it was estimated that for the calendar year 2011 there
were just over 373,00 dwelling sales, the least recorded since 1996 and -25%
below the decade average. Across the nation, the number of home sales has been
trending lower since September 2009. Not so co-incidentally, September 2009 was
also the last month at which the Reserve Bank held their official cash rate at
historically low levels following the economic turmoil in 2008 and was also the
last month in which the boost to the First Home Owners grant was available in
full.

Interesting that R.P data are anticipating transaction volumes will pick up over 2012 due to
slightly more favorable conditions. Interest rates have already been cut by 50
basis points with most economists anticipating a further cut through
2012

‘Lorne – Weekly report’. The Labour Day weekend in Lorne produced huge crowds and
some good real estate results for the coast. 6 Hopetoun Terrace was sold under
the hammer at auction on Saturday for in excess of the quoted range of $1.55m to
$1.65m and 17 Lorne Avenue also sold for close to the asking price of $1.65m,
All in all a good weekend for real estate amid a time when for the first time in
years there are some optimistic signs of the R.P data forecasts coming to fruition.

‘Rural Open houses this weekend’

Saturday
17th March

2.00pm – 2.30pm 220 BirregurraDeans Marsh Road Biregurra

3.30pm – 4.00pm 485 Pennyroyal Valley Road Pennyroyal

Lorne – No better place in the world’. Swing Bridge at Dusk.

‘Lorne – You must have a look at this’. Not yet released to the market but an
opportunity to pre-secure a magic three acres allotment with stunning coastal
views. The modest dwelling will save all the heart ache of planning approvals
in a bush-fire management overlay zone.

‘Lorne – Quote of the week’. “Our lives begin to end the day we become silent about
things that matter”- Martin Luther King. Jr.

‘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

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0418 522 571

Our Backyard – Lorne

Great Ocean Road Real Estate Lorne — Thu, 08 Mar 2012 04:10:42 +0000

‘Lorne – Market Round up’. The big news of the
month was the Reserve Bank deciding to keep the cash rate at 4.25% for the
second month in succession. On the back of increasing optimism of the European
debt crisis, some positive growth in America and the Melbourne property market
showing clearance rates in excess of 60% for three weeks on end, a trickle of
confidence appears to be emerging.

Interesting to note that around the coast we have been able to achieve just over a sale a day so far
in March and there is a definite increase in activity which goes well for the
coming months.

‘Lorne – Weekly report’. The biggest action in Lorne through the past week was on
the beach where the Lorne Surf Lifesaving Club hosted the 2012 Victorian Junior
lifesaving Championships. With just on 1600 competitors representing 37
different clubs from Warrnambool to Lakes Entrance the town was alive and the
beach jam packed. The Lorne Club had their first ever top 10 finish in the State
to secure 7^th position in the Club tally. Lorne had some outstanding
results and there were none better than the one, two finish in Girls U/13 Iron
Nippper event. The final sprint up the beach saw Grace Stewart edge out Mali
Gallaher by only inches with the strong Samantha Howell from Point Leo in third
position – A great effort by the whole team!

‘Lorne – Open houses this Weekend’

Saturday 10th March

11.00am – 11.30am 56 Deans Marsh Road, Lorne
12.30am – 1.00pm 6 Hopetoun Terrace, Lorne

Sunday 11th March

11.00am – 11.30am 52A Dorman Street, Lorne

‘Lorne – You must have a look at this’. Lorne Masonic lodge located at No 25
Smith Street presents a unigue opportunity to secure a rare land holding ripe
for further development in a Blue Chip location perched above Mountjoy Parade.
Sited on a 484sqm of Tourist Development zoned land the potential is only
limited by your imagination.

http://www.lornerealestate.com.au/211055

‘Lorne – Quote of the week’. “Knowing is not enough: we must apply. Willing is
not enough, we must do” – Johann Von Goethe

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

ian@greatoceanroadrealestate.comau

0418522571

Our Backyard – Lorne

Great Ocean Road Real Estate Lorne — Fri, 02 Mar 2012 05:59:08 +0000

‘Lorne – Weekly report’. This weekend the 2012Junior Victorian Lifesaving Championships will be held in Lorne. The Championships have become the pinnacle of lifesaving inVictoria. It is anticipated that there will be between 1,400 – 1,600 junior competitors plus spectators, family and friends over both days of the weekend from over 35 different clubs from across the state. Lorne is very thrilled to be hosting this fantastic event. Go Lorne!

‘Lorne – Open houses this weekend’
Saturday 3^rd March
11:00am – 11:30am	8/260 Mountjoy Parade, Lorne
Sunday 4^th March
12:00pm – 12:30pm	6 Hopetoun Terrace, Lorne

See you in Our Backyard.

Ian Stewart Lorne Real Estate