Archive for the ‘Uncategorized’ Category

Our Backyard – Aireys Inlet

Welcome to Aireys Inlet

The Surf Coast Shire is hoping to appease community concerns about a safety fence in Aireys Inlet by redesigning it to have less visual impact.

Work was scheduled to start this week on a modified fence along the new pathway between Aireys Inlet and Fairhaven.  The original fence, featuring 69 wooden posts linked by rope, was knocked down by unknown vandals in early September…. Continue Reading »

Our Backyard – Aireys Inlet

HOUSE PRICES RISING BUT RBA WARNS BANKS AND HOUSEHOLDS TO BE CAREFUL

With house prices rising at their quickest pace in three years, the central bank today gave another signal it was closely watching how the property market reacted to record low interest rates, cautioning home-buyers not to expect a repeat of the bumper house price growth of the 1990s and early 2000s.

“An increase in housing market activity more generally is … Continue Reading »

Our Backyard – Aireys Inlet

Welcome to Aireys Inlet.

GENERAL MARKET ROUND-UP

Last week I was fortunate enough to be able to attend the Victorian Real Estate Institute annual conference and with over 1,000 delegates in attendance it was a great opportunity to get a state wide perspective of the market.  What was very interesting to me, being what I was hearing being so similar to the coast, is that volumes of transactions had increased marginally but … Continue Reading »

Our Backyard – Aireys Inlet

Welcome to Aireys Inlet

What has changed?

Current sales activity is at the highest level in our area that we have seen for quite some time. The past eight weeks has seen many sales with many more negotiations being concluded at the moment.

This surge of activity is reflected in Melbourne’s property market which last weekend overtook Sydney for the first time this year as low stock levels and interest rates spurred … Continue Reading »

Our Backyard – Aireys Inlet

 

Unfortunately my weekly correspondence to you cannot always be about strong sales results or other things that leave a warm and fuzzy feeling.

Recently the local communities of both Lorne and Geelong were rocked by the football accident to young Casey Tutungi which has left him a quadraplegic.

As a Lorne boy, Casey began his football career in Lorne moving through the junior ranks into senior premierships and then to the Geelong … Continue Reading »

Our Backyard – Aireys Inlet

Welcome to Aireys Inlet

Classic, cool winter conditions along the Great Ocean Road this week were accompanied by a strong groundswell pleasing the surfing fraternity who haven’t had much to celebrate of late.  The swell is expected to peak on Saturday with large waves at all exposed beaches.

The Reserve Bank this week also decided to leave interest rates on hold for the second consecutive month following the May decision to cut … Continue Reading »

Our Backyard – Aireys Inlet

Welcome to Aireys Inlet

The current financial year draws to a close through the weekend and we can reflect that the cogs of the unique coastal leisure market have begun to re-engage after the previous year which recorded lowest volumes of turnover of recent decades. The positive that can be drawn from the past twelve months is that consumers in the leisure sector have started to … Continue Reading »

Our Backyard – Aireys Inlet

Welcome to Aireys Inlet.

Australia’s prestige property records continue to tumble with the sale of a six bedroom mansion in Toorak for more than $25million.

Last week the Sydney (and Australian) apartment record was smashed with the $21million sale of two adjoining penthouses off-the-plan at Bondi Beach. And now a mansion in the Whitsundays looks set to break Queensland’s record.

The Melbourne sale of the Georgian style mansion on Towers Road, trumps the … Continue Reading »

Our Backyard – Aireys Inlet

Welcome to Aireys Inlet

The campaign for a full sized oval for Aireys Inlet has made some progress, with the Surf Coast Shire earmarking $20,000 in its draft budget for a feasibility study.

Residents have been lobbying for decades to have an oval built in the town, and a petition with 557 signatures was officially noted at the councils meeting in Aireys Inlet two weeks ago.

Once the budget is approved, officers will … Continue Reading »

Our Backyard – Aireys Inlet

Welcome to Aireys Inlet

This weekend is of course the Queen’s Birthday long weekend.  Irrespective of whether you are a monarchist or a republican, it’s a fine excuse for a long weekend.  In fact this is the last long weekend until the Melbourne Cup weekend in November.

We will have plenty of houses open for viewing this weekend, so if you are interested in inspecting any other properties or if you are … Continue Reading »