Our Backyard – Aireys Inlet

Welcome to Aireys Inlet

The Reserve Bank of Australia announced at its monthly board meeting that it was leaving rates on hold at a record low of 2.5% for the 16th consecutive month as most economists had predicted.

Locally the market continues strongly as we farewelled spring and welcomed in summer.  Three sales this week, of which two were off-market transactions.  One of these was a house in Gully Beach which I referred to in my blog of October 31.  Sold for in excess of $1.4m this astute purchase will serve the buyers well for generations to come.  The other off-market sale was a house in Lialeeta Road, Fairhaven which sold for over $1.5m.

With sales activity continuing as it is, we are likely to see a lack of stock for sale in the area over the peak selling months.

James.jpg

James Worssam

0418 585 815

james@greatoceanroadrealestate.com.au

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