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Land sales pick up in Fairhaven

While we all acknowledge that the market has recovered significantly from twelve months ago, one of the best examples of this has been the recent activity at the Narani Way land subdivision at Fairhaven. Most likely to be Fairhaven’s last large scale subdivision, it was slow to move at first, but recent activity has been strong with four sales in February alone and another under offer at the moment. There are still a handful of blocks left in Stage 1. All a minimum 1000 square metres, and ranging from $325,000 blocks facing North over reserve land, to $495,000 with fantastic, elevated ocean and lighthouse views.

I will be onsite Saturday morning (as I am every Saturday morning) between 10 and 11am should you wish to take a tour, or simply call or email for any further information. Have a great long weekend.

Open Houese this weekend

Saturday 6th March
12:00pm – 12:30pm 9 Narani Way, Fairhaven
1:00pm – 1:30pm 2 Yarringa Road, Fairhaven
2:00pm – 2:30pm 30 She Oak Crescent, Fairhaven
3:00pm – 3:30pm 53 Great Ocean Road, Aireys Inlet

Sunday 7th March
12:00pm – 12:30pm 9 Narani Way, Fairhaven
1:00pm – 1:30pm 2 Yarringa Road, Fairhaven
2:00pm – 2:30pm 30 She Oak Crescent, Fairhaven
3:00pm – 3:30pm 53 Great Ocean Road, Aireys Inlet

James
James Worssam
james@greatoceanroadrealestate.com.au
0418 585 815

Gibson Steps 1 Apollo Bay Real Estate
Steve Ryan Photography

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Stamp Duty

The push is on again to abolish or at least reduce stamp duty rates. The Real Estate Institute of Victoria said the government should abolish stamp duty for first home buyers, or double the first home buyers grant from $7,000 to $14,000, and called for an overall review of stamp duty rates.

The Victorian government has estimated annual stamp duty revenue of $3.4 billion next financial year. The REIV said β€˜Over the past decade land transfer rates have changed marginally, but Victorian rates are still among the highest in Australia.’

ACCOMMODATION
The Labour Day long weekend is only 1 week away and it’s not too late to book your holiday down the coast. We still have availability on the Great Ocean Road from Torquay stretching right down to Apollo Bay.

Check out what’s available on www.greatoceanroadholidays.com.au or give us a call.

Open Houses this weekend

Saturday 26th February
1:00pm – 1:30pm 2 Yarringa Road, Fairhaven
2:00pm – 2:30pm 33 Yandanah Road, Fairhaven

Sunday 27th February
1:00pm – 1:30pm 4B Vera Court, Aireys Inlet
2:00pm – 2:30pm 12 Berthon Street, Aireys Inlet

James
James Worssam
0418 585 815
james@greatoceanroadrealestate.com.au

Summer Storm Torquay Real Estate
Steve Ryan Photography

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Our Backyard

Inevitably, with very strong sales over the Spring and early Summer period, stock levels (which are always tight in our area) fall, and again agents focus will turn to listings.

There are currently a number of listings in the pipeline, and some that have sold prior to even going on the market. Registering on our alerts will let you know when properties are loaded onto the web, however don’t be afraid to call from time to time as there can often be a lag period between getting the property listed and the photographs being taken and seeing the property come onto the market. This lag period can be all that is required for a very keen buyer.

Please call me if you would like to discuss finding a property suitable for you.

Open Houses this weekend.

Saturday 20th February
2:00pm – 2:30pm 33 Yandanah Road, Fairhaven
3:00pm – 3:30pm 6 Orchid Grove, Fairhaven

Sunday 21st February
12:00pm – 12:30pm 9 Narani Way, Fairhaven
1:00pm – 1:30pm 4B Vera Court, Aireys Inlet
2:00pm – 2:30pm 12 Berthon Street, Aireys Inlet

James
James Worssam
james@greatoceanroadrealestate.com.au
0418 585 815

Moggs Torquay Real Estate
Steve Ryan Photography

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‘SPEAK UP’

With the peak Summer period now well and truly behind us, it is likely that there will be a number of properties coming onto the market in coming months. Some will be marketed, some will not.

While many purchasers can access email alerts via our website and other websites, it is important to talk to your agent and specify exactly what it is you are searching for. A significant number of properties are sold in ‘Off Market’ transactions and if your agent doesnt know what you are looking for, you might find your ideal property sold quickly to someone who did give the agent their brief.

Come on, don’t be shy.

Open Houses this weekend

Saturday 13th February
2:00pm – 2:30pm 33 Yandanah Road, Fairhaven
3:00pm – 3:30pm 6 Orchid Grove, Fairhaven

Sunday 14th February
12:00pm – 12:30pm 9 Narani Way, Fairhaven
1:00pm – 1:30pm 4B Vera Court, Aireys Inlet
2:00pm – 2:30pm 12 Berthon Street, Aireys Inlet

James
James Worssam
james@greatoceanroadrealestate.com.au
0418 585 815

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Better access for Weekenders

Below is an extract from leading demographer Bernard Salt, as written in the Herald-Sun on Saturday, January 30 when asked β€˜What will be the next big sea change location?’

β€œThe biggest change over the last year with regards to access to sea change locations has been the ring road around Geelong. In one fell swoop 23 sets of traffic lights between Corio and Grovedale/Waurn Ponds have been eliminated. It is now possible for the Melbourne market to access weekenders between Torquay and Lorne more quickly. I’d watch places like Jan Juc, Anglesea and Fairhaven”.

If you would like to discuss the above or require any further information, please call or email me.

Open Houses this weekend

Saturday 6th February
2:00pm – 2:30pm 33 Yandanah Road, Fairhaven
3:00pm – 3:30pm 6 Orchid Grove, Fairhaven

Sunday 7th February
12:00pm – 12:30pm 9 Narani Way, Fairhaven
1:00pm – 1:30pm 4B Vera Court, Aireys Inlet
2:00pm – 2:30pm 12 Berthon Street, Aireys Inlet

James
James Worssam
0418 585 815
james@greatoceanroadrealestate.com.au

torquay-real-estate-bells-beach
Steve Ryan Photography

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Demand exceeds supply

Economists tell us that demand for housing in Australia has been outstripping supply since 2004, leading to rising prices even through the economic downturn. While house prices in the US have fallen by 30% since 2006, they have risen by 20% in Australia.

Part of this rise has been blamed on state governments not releasing enough land on urban fringes. The fact that town boundaries have been capped in the Aireys Inlet to Eastern View area should continue to drive prices up in our region for many years to come, making it a very safe long term investment.

Open Houses this weekend

Saturday 30th January
2:00pm – 2:30pm 33 Yandanah Road, Fairhaven
3:00pm – 3:30pm 6 Orchid Grove, Fairhaven

Sunday 31st January
12:00pm – 12:30pm 9 Narani Way, Fairhaven
1:00pm – 1:30pm 4B Vera Court, Aireys Inlet
2:00pm – 2:30pm 12 Berthon Street, Aireys Inlet

James
James Worssam
james@greatoceanroadrealestate.com.au
0418 585 815

winki-pop-bells-beach-great-ocean-road-holidays
Steve Ryan Photography

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Property Market Bounced Back

If ever there was more evidence needed of the bounce-back of our property market, this January must surely be it. So far this office has transacted almost $5m in stock in 22 days. The most impressive being that of 42 Banool Road, Fairhaven, sold prior to auction for an undisclosed figure.

If sales continue in the same vain for the coming months, then scarcity of stock will become a problem, which was a characteristic of our market in the heady times of 2006/07. Strong demand combined with low stock levels will put upward pressure on prices. Good news for those who own in the area, but signs that today’s prices may look cheap in years to come.

Open Houses this weekend

Saturday 23rd January
12:00pm – 12:30pm 9 Narani Way, Fairhaven
3:00pm – 3:30pm 6 Orchid Grove, Fairhaven

Sunday 24th January
1:00pm – 1:30pm 4B Vera Court, Aireys Inlet
2:00pm – 2:30pm 33 Yandanah Road, Fairhaven

James
James Worssam
james@greatoceanroadrealestate.com.au
0418 585 815

torquay-real-estate-bells-beach
Steve Ryan Photography

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Book a holiday!

The accommodation centre had a massive fortnight and was 98% occupied of the lettable properties on and surrounding the Great Ocean Road. We are tracking at 70% for the next two weeks, so feel free to book online as there is plenty of available accommodation. Some properties can be booked for short stays now (3 – 5 days). www.greatoceanroadholidays.com.au

Open Houses this week.

Saturday 16th January
12:00pm – 12:30pm 9 Narani Way, Fairhaven
2:00pm – 2:30pm 33 Yandanah Road, Fairhaven
3:00pm – 3:30pm 6 Orchid Grove, Fairhaven

Sunday 17th January
12:00pm – 12:30pm 9 Narani Way, Fairhaven
1:00pm – 1:30pm 4B Vera Court, Aireys Inlet
2:00pm – 2:30pm 42 Banool Road, FairhavenΒ Β  Forthcoming Auction Sun 24th of JanΒ @ 2:00 pm

Tuesday 19th January
1:00pm – 1:30pm 4B Vera Court, Aireys Inlet

Wednesday 20th January
12:00pm – 12:30pm 9 Narani Way, Fairhaven
2:00pm – 2:30pm 42 Banool Road, FairhavenΒ Β  Forthcoming Auction Sun 24th of JanΒ @ 2:00 pm

Thursday 21st January
2:00pm – 2:30pm 33 Yandanah Road, Fairhaven
3:00pm – 3:30pm 6 Orchid Grove, Fairhaven

See you on our coast.
James
James Worssam
0418 585 815
james@greatoceanroadrealestate.com.au

13th-beach-great-ocean-road-accommodation 15.1.10

Steve Ryan Photography

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Summer brings the crowds

With the Summer weather comes the Summer crowds, and as happens every year, the Coast is bursting with people. Thankfully, this will only last for a while, but to us agents, the effects can last for months and years. Many tourists, holiday tenants and visitors to the area at this time of the year become buyers in both the short and long term. The buyer we show around today may purchase in the next month, year or even two years! Sometimes, people purchase on their first trip and their first look. This is yet another reason why it is critical that properties for sale are priced correctly from the start. The one buyer you missed because your property is overpriced, may purchase another property nearby that is correctly priced. The longer a property is on the market, can lead buyers to ask β€˜Why is this property still for sale?’ As the old saying goes: β€˜Nobody wants a house that nobody wants’

Pricing correctly from the start is the main ingredient to any sale. Not marketing, not the agent. It always comes back to price.

OPEN HOUSES THIS WEEK

Saturday 9th January
12:00pm – 12:30pm 9 Narani Way, Fairhaven
1:00pm – 1:30pm 1156 Great Ocean Road, Lorne
2:00pm – 2:30pm 33 Yandanah Road, Fairhaven
3:00pm – 3:30pm 6 Orchid Grove, Fairhaven

Sunday 10th January
12:00pm – 12:30pm 9 Narani Way, Fairhaven
1:00pm – 1:30pm 4B Vera Court, Aireys Inlet
2:00pm – 2:30pm 42 Banool Road, FairhavenΒ Β Β  Forthcoming Auction Sun 24th Jan @ 2:00 pm

Tuesday 12th January
1:00pm – 1:30pm 4B Vera Court, Aireys Inlet

Wednesday 13.th January
12:00pm – 12:30pm 9 Narani Way, Fairhaven
1:00pm – 1:30pm 1156 Great Ocean Road, Lorne
2:00pm – 2:30pm 42 Banool Road, FairhavenΒ Β Β Β  Forthcoming Auction Sun 24th Jan @ 2:00 pm

Thursday 14th January
2:00pm – 2:30pm 33 Yandanah Road, Fairhaven
3:00pm – 3:30pm 6 Orchid Grove, Fairhaven

Come along to an open, we’d love to see you there.

James
James Worssam
0418 585 815
james@greatoceanroadrealestate.com.au

torquay-real-estate-bells-beach
Steve Ryan Photography

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Happy New Year

Happy New Year to all from Great Ocean Road Real Estate Aireys Inlet.

May this New Year 2010 bring you joy, happiness, warmth and laughter.

Open Houses this week

Saturday 2nd January
12:00pm – 12:30pm 9 Narani Way, Fairhaven
1:00pm – 1:30pm 1156 Great Ocean Road, Lorne
2:00pm – 2:30pm 33 Yandanah Road, Fairhaven
3:00pm – 3:30pm 6 Orchid Grove, Fairhaven

Sunday 3rd January
12:00pm – 12:30pm 9 Narani Way, Fairhaven
1:00pm – 1:30pm 4B Vera Court, Aireys Inlet
2:00pm – 2:30pm 42 Banool Road, Fairhaven

Tuesday 5th January
1:00pm – 1:30pm 4B Vera Court, Aireys Inlet

Wednesday 6th January
12:00pm – 12:30pm 9 Narani Way, Fairhaven
1:00pm – 1:30pm 1156 Great Ocean Road, Lorne
2:00pm – 2:30pm 42 Banool Road, Fairhaven

Thursday 7th January
2:00pm – 2:30pm 33 Yandanah Road, Fairhaven
3:00pm – 3:30pm 6 Orchid Grove, Fairhaven

We hope to see you there.

Kind regards,

James
James Worssam
james@greatoceanroadrealestate.com.au
0418 585 815

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