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Archive for January, 2010

Demand exceeds supply

Economists tell us that demand for housing in Australia has been outstripping supply since 2004, leading to rising prices even through the economic downturn. While house prices in the US have fallen by 30% since 2006, they have risen by 20% in Australia.

Part of this rise has been blamed on state governments not releasing enough land on urban fringes. The fact that town boundaries have been capped in certain areas, it should continue to drive prices up in our region for many years to come, making it a very safe long term investment.

If you would like a detailed report on the current Torquay real estate and surrounding areas, please call or email me.

Open Houses this weekend

Saturday 30th January
11:00am – 11:30am 5 New Street, Torquay   Forthcoming Auction    Sat 13th of Feb @ 11:00 am
12:00pm – 12:30pm 26 Alleyne Avenue, Torquay
1:00pm – 1:30pm 7 Royston Lane, Jan Juc
2:00pm – 2:30pm 6 Charles Lane, Torquay
3:00pm – 3:30pm 26 Koomeela Drive, Torquay

Sunday 31st January
11:00am – 11:30am 31 Rocklea Drive, Torquay
12:00pm – 12:30pm 15 Nautical Rise, Torquay
1:00pm – 1:30pm 19 Headland Drive, Torquay
2:00pm – 2:30pm 2/3 Hoylake Avenue, Jan Juc
2:00pm – 2:30pm 1/3 Hoylake Avenue, Jan Juc
3:00pm – 3:30pm 3/20-22 Surf Coast Highway, Torquay

Geoff
Geoff Bennett
geoff@greatoceanroadrealestate.com.au
0458 513 860

winki-pop-bells-beach-great-ocean-road-holidays
Steve Ryan Photography

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Our Backyard

The Surf Coast market continues to rise. The following properties have sold in the past few weeks. 3/8 Surf Coast Highway, 30 Highlander Street and 2/15 Koomeela Drive while 7 other properties are currently under negotiation.

If you are considering in investing in a coastal property or looking to relocate to the Surf Coast, please call or email me.

Open Houses this weekend

Saturday 23rd January
12:00pm – 1:30pm 281 Duffields Road, Jan Juc  Forthcoming Auction, Sat 23rd of Jan @ 1:30 pm
3:00pm – 3:30pm 7 Royston Lane. Jan Juc
3:00pm – 3:30pm 19 Headland Drive, Torquay

Sunday 24th January
11:00am – 11:30am 31 Rocklea Drive, Torquay
11:00am – 11:30am 12 Grass Tree Court, Torquay
12:00pm – 12:30pm 5 New Street, Torquay   Forthcoming Auction, Sat 13th of Feb @ 11:00 am
1:00pm – 1:30pm 2/3 Hoylake Avenue, Jan Juc
1:00pm – 1:30pm 1/3 Hoylake Avenue, Jan Juc
2:00pm – 2:30pm 3/20-22 Surf Coast Highway, Torquay
2:00pm – 2:30pm 26 Alleyne Avenue, Torquay
3:00pm – 3:30pm 4/45 Great Ocean Road, Jan Juc
3:00pm – 3:30pm 6/45 Great Ocean Road, Jan Juc
3:00pm – 3:30pm 3/45 Great Ocean Road, Jan Juc

Kind regards,

Geoff
Geoff Bennett
geoff@greatoceanroadrealestate.com.au
0458 513 860

torquay-real-estate-bells-beach
Steve Ryan Photography

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Book a holiday!

The accommodation centre had a massive fortnight and was 98% occupied of the lettable properties on and surrounding the Great Ocean Road. We are tracking at 70% for the next two weeks, so feel free to book online as there is plenty of available accommodation. Some properties can be booked for short stays now (3 – 5 days). www.greatoceanroadholidays.com.au

Open Houses this weekend

Saturday 16th January
11:00am – 11:30am 281 Duffields Road, Jan Juc    Forthcoming Auction Sat 23rd Jan @ 1:30 pm
12:00am – 12:30pm 7 Royston Lane, Jan Juc
1:00pm – 1:30pm 5 New Street, Torquay   Forthcoming Auction Sat 13th Feb @ 11:00 am
2:00pm – 2:30pm 22 Lochard Drive, Torquay
3:00pm – 3:30pm 3/20-22 Surf Coast Highway, Torquay

Sunday 17th January
11:00am – 11:30am 281 Duffields Road, Jan Juc   Forthcoming Auction Sat 23rd Jan @ 1:30 pm
12:00pm – 12:30pm 2/3 Hoylake Avenue, Jan Juc
12:00pm – 12:30pm 1/3 Hoylake Avenue, Jan Juc
1:00pm – 1:30pm 26 Alleyne Avenue, Torquay

See you on the coast.
Geoff
Geoff Bennett
0458 513 860
geoff@greatoceanroadrealestate.com.au

13th-beach-great-ocean-road-accommodation

Steve Ryan Photography

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Summer brings the crowds

With the Summer weather comes the Summer crowds, and as happens every year, the Coast is bursting with people. Thankfully, this will only last for a while, but to us agents, the effects can last for months and years. Many tourists, holiday tenants and visitors to the area at this time of the year become buyers in both the short and long term. The buyer we show around today may purchase in the next month, year or even two years! Sometimes, people purchase on their first trip and their first look. This is yet another reason why it is critical that properties for sale are priced correctly from the start. The one buyer you missed because your property is overpriced, may purchase another property nearby that is correctly priced. The longer a property is on the market, can lead buyers to ask ‘Why is this property still for sale?’ As the old saying goes: ‘Nobody wants a house that nobody wants’

Pricing correctly from the start is the main ingredient to any sale. Not marketing, not the agent. It always comes back to price

OPEN HOUSES THIS WEEKEND

Saturday 9th January
12:00am – 12:30am 281 Duffields Road, Jan Juc   Forthcoming Auction Sat 23rd Jan 1:30 pm

Sunday 10th January
12:00am – 12:30am 281 Duffields Road, Jan Juc   Forthcoming Auction Sat 23rd Jan 1:30 pm
1:00pm – 1:30pm 3/20-22 Surf Coast Highway, Torquay
2:00pm – 2:30pm 1/3 Hoylake Avenue, Jan Juc

Come along to our opens, we’d love to see you there.

Geoff
Geoff Bennett
0458 513 860
geoff@greatoceanroadrealestate.com.au

torquay-real-estate-bells-beach
Steve Ryan Photography

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