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 Bennett
geoff@greatoceanroadrealestate.com.au
0458 513 860
