Surf Coast Property Values Still Rising

Property values throughout the Surf Coast Shire still continued to climb in the two years to January 2010, according to figures produced as part of the council’s biennial revaluation of all rateable properties.

Surf Coast Shire, like all Victorian councils is required to revalue all residential, commercial and rural properties every two years under Victorian Government legislation.

The councils independent contract valuers reported that:

– The average value of residential properties throughout the shire rose 10.6% over the two years.

– Values across rural properties rose an average 14.4%.

There was also a wide variation in average rises across different communities in the Shire with residential values increasing strongly in small coastal townships like Eastern View, Moggs Creek, Aireys Inlet (18.8%) and Anglesea (15.5%).

See you on the coast.

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

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