Archive for July, 2013

Our Backyard

‘Lorne – Market Round up’.
Last week I reported on the RP data report and the large reduction of transactions, specifically in our leisure markets and this week I thought it would be interesting to focus on some of the other demographic and dwelling types as reported in our region. At the time of the 2011 Census there were a total of 115,517 dwellings across the Barwon Region. … Continue Reading »

Our Backyard

‘Lorne – Market Round up’.
Over the past couple of weeks I have been studying with interest R.P Data’s Barwon Market Review report which includes the five municipal areas of Great Geelong, Queenscliff, Colac Otway, Golden Plains and Surfcoast Shires.
This report highlights on the final stage of the Geelong Ring Road which has been officially opened at the beginning of the year and the maximum benefit to our region yet to … Continue Reading »

Our Backyard – Lorne

‘Lorne – Market Round up’.
The big news of the week was the Reserve Bank of Australia keeping the cash rate on hold as we break into the new financial year. The cash rate remained at 2.75 precent, a 53 year low after the last RBA cut in May.
“At the latest RBA board meeting the board judged that the easier financial conditions now in place will contribute to a strengthening of … Continue Reading »