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Happy New Year from Aireys Inlet Real Estate

With the New Year almost here why not make your new years resolution to make the Sea Change to the wonderful Aireys Inlet area.

We wish you a happy new year along our Coast and we look forward to seeing you in 2012. Enjoy the sun, summer and sand!

Open houses this week
Saturday 31ST December
12:00pm – 12:30pm 15 Aireys Street, Aireys Inlet
12:30pm – 1:00pm 47 Aireys Street, Aireys Inlet
1:00pm – 1:30pm 565 Deans Marsh – Lorne Road, Deans Marsh
1:00pm – 1:30pm 10 Anderson Street, Aireys Inlet
2:00pm – 2:30pm 54 Golf Links Road, Anglesea
Sunday 1ST January
12:00pm – 12:30pm 9 Albert Avenue, Aireys Inlet
12:30pm – 1:00pm 120 Great Ocean Road, Aireys Inlet
2:00pm – 2:30pm 12 Ridge Road Fairhaven 
2:30pm – 3:00pm 2 Yarringa Road, Fairhaven
3:00pm – 3:30pm 25 Yaringa Road, Fairhaven
Tuesday 3rd January
12:00pm – 12:30pm 15 Aireys Street, Aireys Inlet
12:30pm – 1:00pm 47 Aireys Street, Aireys Inlet
1:00pm – 1:30pm 10 Anderson Street, Aireys Inlet
2:00pm – 2:30pm 54 Golf Links Road, Anglesea
Wednesday 4th January
12:00pm – 12:30pm 9 Albert Avenue, Aireys Inlet
12:30pm – 1:00pm 120 Great Ocean Road, Aireys Inlet
1:00pm – 1:30pm 28 Old Neuk Road, Moggs Creek
2:30pm – 3:00pm 2 Yarringa Road, Fairhaven
3:00pm – 3:30pm 25 Yaringa Road, Fairhaven
Friday 6th January  
1:00pm – 1:30pm 28 Old Neuk Road, Moggs Creek

See you on the coast.

Aireys Inlet Real Estate Agent James Worssam

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Aireys Inlet Real Estate Open Home Inspections December 10 & 11

Aireys Inlet Real Estate Open Home Inspections December 10 & 11

As we head in to the peak summer property selling season, we are delighted that the Reserve Bank has again decided to cut rates and even more delighted that most of the banks are looking to pass the cut onto its customers.

Historically low rates and relatively high stock levels create the ideal buying environment. Over the next six weeks there will be more Aireys Inlet real estate properties on the market than we have seen for some time. As well as marketed stock, we have a number of ‘off-market’ listings available as well. If you are thinking about dipping your toe into the water, now is a great time. No doubt we will look back on late 2011 early 2012 as a great time to have bought here

Open houses this weekend
Saturday 10th December
11:00am – 11:45am Lot 36 Narani Way, Fairhaven
11:00am – 11:45am 7 Narani Way, Fairhaven
11:00am – 11:45am Lot 29 Narani Way, Fairhaven
12:00pm – 12:30pm 15 Aireys Street, Aireys Inlet
12:30pm – 1:00pm 47 Aireys Street, Aireys Inlet
1:00pm – 1:30pm 565 Deans Marsh - Lorne Road, Deans Marsh
2:00pm – 2:30pm 10 Anderson Street, Aireys Inlet
Sunday 11th December

11:00am – 11:45am Lot 36 Narani Way, Fairhaven
11:00am – 11:45am 7 Narani Way, Fairhaven
11:00am – 11:45am Lot 29 Narani Way, Fairhaven
12:00pm – 12:30pm 9 Albert Avenue, Aireys Inlet
1:00pm – 1:30pm 28 Old Neuk Road, Moggs Creek
2:00pm – 2:30pm 12 Ridge Road, Fairhaven

See you in Our Backyard.

Thinking of selling? List with us.

Aireys Inlet Real Estate Agent James Worssam

 

 

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Reserve bank rate cut


For the second consecutive year, the Reserve Bank of Australia has managed to upstage the race that stops a nation – Melbourne Cup.

At its November Board meeting this afternoon, the Reserve bank decided to cut 25 basis points from the official cash rate, taking the new rate to just 4.5 per cent.

The announcement failed to shock industry pundits, with many economists predicting a November rate cut.
Last week’s benign inflationary growth provided the RBA with the right impetus to cut rates, according to RP Data’s national research director Tim Lawless.

“The rate cut should not come as a surprise from a housing market perspective, considering the soft market conditions that have been evident since June last year have created no inflationary pressures,” he said.
“In fact, capital city home values are down 3.6 per cent from their December 2010 peak and rental rates have increased by just 4.5 per cent over the 12 months to September.

“The improved debt servicing position will be a welcome improvement to anyone with a mortgage, however the primary benefit from the rate cut is likely to be seen in an improvement in consumer sentiment which should lead to an uplift in housing transaction volumes which are currently tracking about 13 per cent below the five year average nationally.”

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New lease for Alcoa at Anglesea

Today’s announcement that coal mining will be allowed to continue at Anglesea is possibly the worst in a long list of bad environmental decisions since the Baillieu government was elected, according to Friends of the Earth. The government says that the supporting legislation, introduced by the government today, will “modernise” its agreement with the Anglesea coal mine and power station and support regional jobs.

Friends of the Earth campaigns co-ordinator Cam Walker said “what the government fails to mention is that the Point Henry smelter is not dependent on receiving energy from Anglesea to be viable. Alcoa could buy renewable energy to meet its needs and keep Point Henry going.”

Alcoa began operating the mine in 1961 and indicated in 2008 that it would exercise its right to extend its lease another 50 years. Any future mine expansion will now be limited to three per cent of its total lease area, which is 7,145 hectares, and be subject to a new environmental process.

“The Energy and Resources Minister, Mr O’Brien, says that the revised agreement is a ‘win-win’ outcome. But who wins? Alcoa, who gets to continue to burn dirty, high sulphur coal,” Walker said. “Who loses? The community of Anglesea, who will have to bear decades of public health impacts. The environment loses, as climate pollution will continue. The highly significant coastal heath lands will continue to be negatively impacted”.

“The time for further investment in dirty coal is over. The Baillieu government has yet again missed a significant opportunity to begin the transition to sustainable energy”.

“While the government can say that Alcoa had the right to extend its agreement, the fact remains that the coal resource is the property of the state, not the corporation. A giant corporation has won out against the long term interests of the local community. While landowners in places like Bacchus Marsh also have no control over new coal and CSG operations on their land, the government has chosen to side with a multi national corporation. It should have had the courage to oppose this extension.”

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Congratulations

Many of you will be familiar with Jean Pierce. Jean has served many of us coffees, pies and sandwiches over the years at one of the local cafes, Skinny Legs. In the attached photos Jean is proudly showing off her silver medal which she won last week in Adelaide at the Australian National Table Tennis Championships in the over 50’s women’s team.

Congratulations Jean!

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Calls for stamp duty to be scrapped

The Real Estate Institute of Australia (REIA) has called on the government to abolish all stamp duty on residential and commercial property.

Speaking at the national Tax Forum, REIA chief executive Amanda Lynch said stamp duty has a “crippling effect” on housing affordability.

“Not only is it inefficient, it is too high and with rates ranging from four per cent to six per cent of the price of an average home (depending on which state or territory you live in), it is unfair and disharmonised,” she said.

According to Ms Lynch, incentives for first home buyers lack uniformity, ranging from no concessions in Tasmania to concessions only available for new homes up to the value of $600,000 in New South Wales. South Australia also places a $250,000 limit on stamp duty concessions.

“Stamp duty is an impediment to labour mobility. It discriminates against those who move to where jobs are and those who need to downsize, predominantly the elderly,” Ms Lynch said.

Evidence that measures need to be put in place to assist first home buyers is highlighted in the REIA’s latest Deposit Power Housing Affordability Report. The report shows a considerable decline in housing affordability over the past 12 months and a decline in the number of first home buyers in the market to 15 per cent; down from 30 per cent in 2009.

“The REIA advocates the replacement of inefficient property taxes with more efficient revenue sources and supports a wide-ranging review of the alternatives,” Ms Lynch said.

Open houses this weekend
Saturday 8th October

11:00am – 11:45am Lot 36 Narani Way, Fairhaven
11:00am – 11:45am 7 Narani Way, Fairhaven
11:00am – 11:45am Lot 29 Narani Way, Fairhaven
12:00pm – 12:30pm 15 Aireys Street, Aireys Inlet
2:00pm – 2:30pm 12 Ridge Road, Fairhaven
Sunday 9th October
11:00am – 11:45am Lot 36 Narani Way, Fairhaven
11:00am – 11:45am 7 Narani Way, Fairhaven
11:00am – 11:45am Lot 29 Narani Way, Fairhaven
12:00pm – 12:30pm 53 Great Ocean Road, Aireys Inlet
2:00pm – 2:30pm 22 Beach Road, Aireys Inlet

See you in Our Backyard.

Aireys Inlet Real Estate Agent James Worssam
James Worssam
james@greatoceanroadrealestate.com.au
0418 585 815

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Aireys Inlet Real Estate Open Inspections Grand Final Weekend

Aireys Inlet Real Estate Open Inspections Grand Final Weekend

Despite the fact that it is school holidays we expect half of the weekend to be quiet in real estate in Aireys Inlet and on the coast.

With the Cats and the Pies doing battle on Saturday, most will be glued to a radio or TV to watch the big game. We will be having some open home and land for inspections on Saturday before the bounce down and of course it’s business as normal on Sunday. We try and work harder for our vendors. List with us for the full service.

If you are coming down this weekend you might want to inspect the Surf Coast Spa Resort apartments in Anglesea. We have nine apartments in total ranging in price from $315,000 for a one bedroom apartment up to $625,000 for a spacious two bedroom apartment with stunning views over the Anglesea river to the ocean beyond.

They will be open for inspection Saturday and Sunday between 1:00pm and 1:45pm.

Click here for info on this weekends surf.

Open Houses this weekend
Saturday 1st October
11:00am – 11:45am Lot 36 Narani Way, Fairhaven
11:00am – 11:45am 7 Narani Way, Fairhaven
11:00am – 11:45am Lot 29 Narani Way, Fairhaven
12:00pm – 12:30pm 15 Aireys Street, Aireys Inlet

Sunday 2nd October
11:00am – 11:45am Lot 36 Narani Way, Fairhaven
11:00am – 11:45am 7 Narani Way, Fairhaven
11:00am – 11:45am Lot 29 Narani Way, Fairhaven
12:00pm – 12:30pm 53 Great Ocean Road, Aireys Inlet
2:00pm – 2:30pm 22 Beach Road, Aireys Inlet
3:00pm – 3:30pm 10 Anderson Street, Aireys Inlet

See you in Our Backyard.

Aireys Inlet Real Estate Agent James Worssam

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Aireys Inlet – Our Backyard

Sensational spring weather has adorned the Surf Coast this week and it seems that the better weather is having an effect on property markets locally. Although it was a relatively subdued winter, and a delayed start to the spring market, there have been some strong results recently.

The recent sale of 17 Alice Street, Aireys Inlet is a case in point. This double storey beach house has been the family holiday house for well over twenty years. It was listed and sold within three weeks of marketing. Why? Firstly, it was well presented. A home that has been looked after and well maintained always has a better chance of selling well. Secondly, it was well marketed, with professional photography and a strong presence on all the major real estate portals, plus a prominent photo sign board and good presence in our property guide.

Consequently the quick sale was achieved within 7% of the asking price and with a settlement date to the vendors preference, and all with minimum fuss.

Also another recent sale this week in Melba Parade around the $2m mark was achieved the same way.

A well presented property, well marketed and well priced is two-thirds of the way to being sold.

Open houses this weekend
Saturday 24th September
11:00am – 11:45am Lot 36 Narani Way, Fairhaven
11:00am – 11:45am 7 Narani Way, Fairhaven
11:00am – 11:45am Lot 29 Narani Way, Fairhaven
12:00pm – 12:30pm 15 Aireys Street, Aireys Inlet
2:00pm – 2:30pm 12 Ridge Road, Fairhaven
3:00pm – 3:30pm 12 Brent Avenue, Aireys Inlet

Sunday 25th September
11:00am – 11:45am Lot 36 Narani Way, Fairhaven
11:00am – 11:45am 7 Narani Way, Fairhaven
11:00am – 11:45am Lot 29 Narani Way, Fairhaven
12:00pm – 12:30pm 53 Great Ocean Road, Aireys Inlet
2:00pm – 2:30pm 22 Beach Road, Aireys Inlet
3:00pm – 3:30pm 10 Anderson Street, Aireys Inlet

See you on the coast

Aireys Inlet Real Estate Agent James Worssam

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Aireys Inlet Real Estate Open Houses

Aireys Inlet Real Estate Open Houses

After months of pre-season training, the NAB cup and twenty-four rounds of the home and away season, we finally get down to the business end of the season.

Whilst only half the teams are left (and even less next week) we all know that everyone really supports two teams.

Their main team, and anyone playing Collingwood! Good luck to seven teams this weekend and GO THE MIGHTY SAINTS!

Aireys Inlet Real Estate Open houses this weekend

Saturday 10th September
11:00am – 11:45am Lot 36 Narani Way, Fairhaven
11:00am – 11:45am 7 Narani Way, Fairhaven
11:00am – 11:45am Lot 29 Narani Way, Fairhaven

Sunday 11th September
11:00am – 11:45am Lot 36 Narani Way, Fairhaven
11:00am – 11:45am 7 Narani Way, Fairhaven
11:00am – 11:45am Lot 29 Narani Way, Fairhaven

See you in Our Backyard.

Aireys Inlet Real Estate Agent James Worssam

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There are signs that the real estate market activity is steadying

Aireys Inlet Real Estate News

The Melbourne median house price weakened marginally over the July quarter, falling 0.9 per cent, according to the latest Australian Property Monitors data.

But although, over the past year, Melbourne’s median house price has fallen 2.9 per cent, the results are nonetheless encouraging for market stabilisation, as the median actually rose 30 per cent over the 18 months between January 2009 and June 2010.

And despite buyer activity in Melbourne remaining relatively subdued, there are indications that housing market activity over the remainder of 2011 is steadying.

The economy remains robust, with the ABS reporting a low unemployment rate of 4.8 per cent in July and private sector wages increasing 4.2 per cent over the year to June 2011. Continued low unemployment, rising incomes and stable interest rates should encourage increased buyer activity in Melbourne for the remainder of 2011.

With much focus last week on the outcome of the television series The Block, the final results, with all four properties selling for within or above their estimated price ranges, provide some encouragement that the Melbourne market remains active, particularly for inner-city properties.

All other Australian capital city housing markets also recorded falls in median house prices over the July quarter. This indicates the continuance of the subdued buyer activity evident in most housing markets so far in 2011.

Perth recorded the largest fall in house prices, down by 2.7 per cent, over the quarter. It was followed by Brisbane, down 2.1 per cent; and Darwin and Adelaide, each falling 1.9 per cent.

Melbourne and Sydney again proved to be the most resilient of the state capitals; Melbourne’s low fall of 0.9 per cent was followed by Sydney’s, down by 1.1 per cent.

Over the year ending July this year, Sydney and Melbourne median house prices have also fallen the least of all the major capitals, down 0.6 per cent and 2.9 per cent respectively.

Perth and Brisbane recorded the worst median house price falls, by 6.2 and 5.8 per cent respectively over the year.

Open houses this weekend

Saturday 3rd September
2:00pm – 2:30pm 51 Camp Road, Anglesea

Sunday 4th September
2:00pm – 2:30pm 51 Camp Road, Anglesea

See you in Our Backyard.

Aireys Inlet Real Estate Agent James Worssam
James Worssam
james@greatoceanroadrealestate.com.au
0418 585 815

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