Lorne is only getting better

As you read this post the new hot mix tarmac of Lorne’s multi million dollar streetscape will be all but complete and the end clearly in sight – hooray! Not only does it look great but you can now get here quicker thanks to the recently opened Geelong Ring Road.

With Melbourne’s best view in my rear vision mirror from beneath the Australian flag on top of the Westgate Bridge, I pressed the start button on the stop watch of my iphone to time the journey back to Lorne. I arrived after precisely 1 hour and 36 minutes at the front door of our Lorne office. 20 – 25 minutes quicker than any other time in the past 10 years. Hail welcome the Geelong Ring Road and come on down. Torquay, Aireys Inlet, Lorne and Apollo Bay have never been closer!

All the “ducks are lining up” to ensure this year on the coast is one of the best of recent times and our town hasn’t looked better.

The coastal market is statistically poised to rock the cradle of the coasts sleeping giant – Lorne. Having seen the market sit relatively idle since late 2003 early 2004 these localised positives are reinforced buy a couple of external factors.

– Melbourne house prices have led the country with capital appreciation at 11.2% year to date allowing our visitors the opportunity to release some of this equity to help secure the coastal dream.
– Historically the coastal market has been 6-12 months behind the trend of the Melbourne market.
– Even with a recent 25 basis point rise, interest rates are still low and affordable for those with secure cash flow.

For any Real Estate needs please contact myself ian@greatoceanroadrealestate.com.au or anyone of our team at info@greatoceanroadrealestate.com.au

Warm regards,

ian

Ian Stewart.

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Steve Ryan Photography

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