As house prices in Melbourne continue to soar (up 15% in the year to November) one of the key reasons is said to be immigration. Victoria’s population grew by 2.14% for the year, and it is estimated it is growing at about 2000 a week.
While putting obvious pressures on city and regional areas, this will inevitably flow through to coastal areas. There is however one difference in our area. There is no further room for expansion. What this means is that more people will want to come to our areas which cannot grow geographically and this will put pressure on prices which should result in continues strong capital growth for land owners.
Open Houses this weekend
Saturday 12th December
11:00am – 11:30am 7 Highlander Street, Torquay
11:00am – 11:30am 25 Longshore Street, Torquay
11:00am – 11:30am 27 Longshore Street, Torquay
1:00pm – 1:30pm 19 Headland Drive, Torquay
1:00pm – 1:30pm 22 Conside Drive, Torquay
2:00pm – 2:30pm 7 Royston Lane, Jan Juc
2:00pm – 2:30pm 281 Duffields Road, Jan Juc
Sunday 13th December
12:00pm – 12:30pm 15 Strathcairn Avenue, Jan Juc
1:00pm – 1:30pm 4/20-22 Surf Coast Highway, Torquay
1:00pm – 1:30pm 3/20-22 Surf Coast Highway, Torquay
2:00pm – 2:30pm 281 Duffields Road, Jan Juc
See you down the coast.
Geoff Bennett
geoff@greatoceanroadrealestate.com.au
0458 513 860
