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

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Steve Ryan Photography

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