Archive for March, 2014

Our Backyard – Aireys Inlet

Welcome to Aireys Inlet

Strong sales activity continues along the Surf Coast, however the Reserve Bank is sounding the warning bell on housing speculation, commercial property and retail securitisation funds in its semi-annual financial stability report released on Wednesday.

While the Reserve Bank has generally quelled speculation that there is a housing bubble, it has used the report to reiterate the risks of “speculation” to both housing investors and lenders.

The bank said … Continue Reading »

Our Backyard – Aireys Inlet

Welcome to Aireys Inlet

A lovely burst of autumn weather on the Great Ocean Road this week.  The mornings are becoming noticeably cooler and the days noticeably shorter.

The Open Mic festival last week was a huge success and expect to see a lot less people around this weekend.

Buyer activity has levelled off since the inevitable rush over summer, however there are many quality listings coming onto the market in coming weeks.

OPEN … Continue Reading »

Our Backyard – Aireys Inlet

Welcome to Aireys Inlet

The Aireys Inlet Open Mic Music festival is on again this weekend.

The 7th annual event is poised for another successful year with over 168 performances of all types of music from full rock bands, to sole acoustic acts on nine stages over three days.

Every year a special mystery guest closes the festival on Sunday afternoon at the Aireys Pub marquee stage.  Previous years have seen some of … Continue Reading »

Our Backyard – Aireys Inlet

Welcome to Aireys Inlet

The Reserve Bank has again decided to leave interest rates on hold at its second meeting for 2014.  Rates have now been steady since the decision by the Bank back in August last year to cut rates to a 60 year low of 2.5%.

Recent economic data however remains mixed with the Bank likely to remain on the sidelines until a clear trend in economic activity emerges, particularly … Continue Reading »