Strength Returns to Coastal Markets

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James Worssam 

Whilst there have been some patchy periods in recent times in the coastal property market, there is increasing evidence that the tough times are well and truly behind us.

Recent strong buying activity across all segments of the market has demonstrated the underlying strength of our region. This was underlined by the fantastic result achieved by Great Ocean Road Real Estate Aireys Inlet, in the sale of 25 Banool Road, Fairhaven last week. Sold for a figure well in excess of $2m, it is Fairhaven’s second highest price ever paid for a single dwelling.

Combined with a handful of other top end sales within a four week period, it shows the benefits being seen with the Geelong Bypass and the return of confidence in the buying public.

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Steve Ryan Photography

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