Archive for September, 2013

Our Backyard – Lorne

‘Lorne – Market Round Up’
When the final siren sounds to signal the end of tomorrows AFL Grand Final, history tells us that from the following weekend our coast starts to come alive again and momentum begins to return to our coastal leisure markets which are well poised to build all last years numbers.
Our visitors will cruise down the coast with the Melbourne residential market having “soared up” existing equity in … Continue Reading »

Our Backyard – Lorne

Lorne – Market Round up
Last week I was fortunate enough to be able to attend the Victorian Real Estate Institute annual conference and with just over 1,000 delegates in attendance it was a great opportunity to get a statewide perspective of the market. What was very interesting to me being what I was hearing was so similar to the coast in that volumes of transactions have increased marginally, but … Continue Reading »

‘Lorne – Market Round Up’
The Real Estate Institute of Victoria reported that after lowering the cash rate last month, the Reserve Bank has decided to hold rates steady last week at 2.5%. In its statement, the Bank notes that the current cycle of easing in the monetary policy has “supported interest – sensitive spending and asset values”. The bank also stated that there are “signs of increased demand for finance … Continue Reading »