Lorne Real Estate Open Inspections October 22 – 23

Lorne Real Estate Open Inspections October 22 – 23

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Lorne for the corresponding period, property volumes were down 22% which was some what in line with the national trend.

The total value of dwelling sales over the 2010/2011 financial year equated to $193.5 million. Although this sounds impressive, the total value was the lowest over a financial year since 2008/2009 and the total value fell by 18.2% from the previous financial year.

The early indicators are reinforcing our forecasts of a resurgence in volumes through the 3rd and 4th quarters of the current financial year.

‘Lorne – Real Estate Weekly report’.

The week was highlighted by a quick sale of apartment no. 1 in the Pacific Apartments building overlooking the pier. The apartment was well priced and reinforced that buyers are still active but need to see value to make the commitment.

As the market continues to maintain seasonal momentum it is interesting to follow the market segments that perform better than others at various times of the year. There currently is great interest in the leisure rural sector with Peter Boyce being very active “over the hill” in putting together multiple transactions for the week – well done Pete!

‘Lorne – Open houses this weekend’
Saturday 22nd October
12:00pm – 12:30pm 56 Deans Marsh Road, Lorne
12:00pm – 12:30pm 1020 Winchelsea-Deans Marsh Road, Bambra
1:00pm – 1:30pm 5/12 Grove Road, Lorne
2:00pm – 2:30pm 14 George Street, Lorne
3:00pm – 3:30pm 77 Charles Street, Lorne
Sunday 23rd October
12:00pm – 1:00pm 48 Charles Street, Lorne
1:00pm – 1:30pm 4 Roache Court, Lorne

‘Lorne – No better place in the world’. The picture says it all; there is no better place in the world!

Lorne Pier Victoria

Lorne – Quote of the week’. “The harder I work, the luckier I get” – Lee Trevino Lee Trevino.

See you in Our Backyard.

ian stewart lorne real estate agent

Ian Stewart Lorne Real Estate

Ian Stewart
mobile: 0418 522 571

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