Our Backyard – News

james1

 

 

 

 

 

 

James Worssam

More evidence this week of the local market waking from its recent slumber.

Activity on vacant land has been very limited in recent times, however we have sold two blocks this week in the Aireys Inlet/Fairhaven area. One of these was sold within days of listing and was sold off our database to a buyer within 3% of the asking price. No marketing costs were incurred and all with a minimum of fuss to all concerned.

With National Park bordering us on one side, and the Southern Ocean on the other, land prices should continue to increase over time as the old law of ‘Supply and Demand’ proves itself.

As we have seen this year, the share market goes up and down, however coastal property remains a very safe bet historically.

moggs-creek-lorne-real-estate-161009
Steve Ryan Photography

Leave a Reply

Your email address will not be published. Required fields are marked *