Our Backyard Lorne

‘Lorne – Market Round up’. Last weekend I was fortunate enough to attend the Australian Real Estate Conference at the Gold Coast convention center. It was a great two days of listening to world best real estate speakers and also some great Australian business people and media commentators.

To hear people like Sydney’s Alan Jones and Aussie Home Loan king John Symond spruik their stories and forecasts for the future gave me great comfort as they both displayed thoughts that have been aligned to ours over the past months. Both were strong in their beliefs that the property market has bottomed and fueled by the lowest interest rates in history, opportunity has never been stronger!

Speaking with fellow real estate agents from the Gold Coast, Sydney, Broome and Margret River there continues to be one clear message that the market is better this year than it was at the corresponding time last year.

‘Lorne – Weekly report’. The Great Ocean Road International Marathon has been run and won and again the region had great numbers on the coast and within excess of 5000 competitors and was acclaimed the “best” yet and one which we are proud to be their major sponsor!

The local property market has continued to produce turnover where buyers can see value at a time of the year when historically we are quiet. The signs of improvement are consistent and with the sale during the week of an apartment that had been on the market for in excess of 2 years confirms how crucial re-alignments are in achieving success.

The Dolphins remain undefeated, but not on top of the ladder after their game opener misdemeanor, and this week they have a bye as the Colac and District League take on Warrnambool and District Football League in an interleague match. Along with the senior team the Lorne U15 netballers also remain undefeated.

Open Houses
Saturday 25th
12.00 – 12.30 24 Toorak Terrace Lorne

Lorne – You must have a look at this’ Anyone searching for a vacant block of land must check out the last remaining block of three in Normanby Terrace. At just over $300,000 the opportunity exists to secure approximately 600sq meters of land in a street where blocks on the other side of approximately ½ the size have been selling for the same amount. Check it out.

‘Lorne – Great Local Slang'. Bloody Oath – “That's absolutely true”.

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See you in Our Backyard

Ian Stewart
0418 522 571