Archive for August, 2010
Posted on August 27, 2010 by Great Ocean Road Real Estate Aireys Inlet
It’s been a wet week along the Great Ocean Road and in the Otways, as it has been in most of Victoria.
In fact on Tuesday, Boonah, a rural area around 20-25 minutes inland from Aireys Inlet, recorded Victoria’s highest rainfall with 18mm. For more information on properties on small or large acreage in our hinterland areas like Boonah, Deans Marsh, Forrest etc please contact Peter Boyce on 0419 582 448 or peter@greatoceanroadrealestate.com.au.
New quiet listing – 3 bedroom house in Moggs Creek $600,000 – $620,000.
  
Please contact me for details.
See you on the coast.
James Worssam
james@greatoceanroadrealestate.com.au
0418 585 815
Posted on August 20, 2010 by Great Ocean Road Real Estate Aireys Inlet
Melbourne could overtake Sydney as the least affordable Australian city to buy a home in, if trends showing housing affordability plummeting to near record lows continue.
A combination of interest rate rises and property price growth has seen housing affordability worsen more in Melbourne than other capital cities over the past year. This has also been reflected in the very buoyant market we have seen on the coast in the last 12 – 18 months.
Forthcoming listing: Four bedroom house in Fairhaven with fantastic views on approx 2600 square metres. Phone or email for further information.
See you on our coast.
James Worssam
james@greatoceanroadrealestate.com.au
0418 585 815
Posted on August 13, 2010 by Great Ocean Road Real Estate Aireys Inlet
The Real Estate Institute of Victoria has released figures showing median prices in regional Victoria over the past year increasing by 29% in some areas and plunging by almost 8% in others.
The year’s biggest winner was the Surf Coast Shire, which had a median price increase of 29% to $600,000.
According to this month’s Herron Todd White Westpac property report, prices for vacant land in regional Victoria remain strong, due to a lack of supply and increase in demand.
This is particularly evident in areas like Aireys Inlet, Fairhaven and Moggs Creek, where expansion of the town’s boundaries have been capped, therefore pushing up the prices of what is available.
James Worssam
james@greatoceanroadrealestate.com.au
0418 585 815
Posted on August 6, 2010 by Great Ocean Road Real Estate Aireys Inlet
Figures released recently show that Aireys Inlet was the only non-metropolitan area in Victoria to figure in the top 10 for growth in house prices over the past 12 months.
During the period from March 2009 to March 2010, house prices in Aireys Inlet rose a massive 41.1%, with the median price now standing at $690,000.
Nine out of ten of Victoria’s top 10 growth suburbs were located within 10 kilometres of the Melbourne CBD.
See you on our favourite coastal spot, Aireys Inlet.
James Worssam
james@greatoceanroadrealestate.com.au
0418 585 815
