Our Backyard – Aireys Inlet

Welcome to Aireys Inlet

Regional homes by the beach are continuing to show excellent growth in property values according to new statistics.

Data from the Real Estate Institute of Victoria for the final quarter of 2016 shows that five of the top 10 most expensive locations are currently on the coast.

Barwon Heads led the way with Queenscliff second on the list.  Four other beachside towns on the Great Ocean Road also recorded some of the states highest median house prices including Lorne ($730,000), Jan Juc ($710,000), Torquay ($645,000) and Anglesea ($670,000).

Two properties were sold in Fairhaven by our agency this week for a figure above the asking price.  This was the result of multiple bidders on both properties which pushed the price up.

The local market is particularly strong for houses up to $1,000,000 and these sales were only further evidence of this.

James Worssam

james@gratoceanroadrealestate.com.au

0418 585 815

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