Greetings from Great Ocean Road Real Estate, Torquay

Don’t pay any attention to The Block! This is Torquay / Jan Juc and real estate is selling well! …..and note that within a few days three of their four properties are now sold above reserve! The market is moving along nicely here with perhaps a touch of caution. It is great to see the media attention turning to the new catch cry – ‘never a better time to buy’. I clearly recall mid 2008 and the very clear drop in home sales volume here – as opposed to dramatic price drops. By late 2008, early 2009 there was a wide variety of stock available and availabilities kept rising……until around May 09 when the market reverted to normal conditions. All the old stock sold and prices went up again! Trust your agent – this will happen again soon!

And so we have another busy weekend coming up with a great variety of property open for viewing. In particular, take a look at 24 Ballyliffen Cres. In the early to mid $ 600’s this is going to be the best value in town for the lucky new owner. Brand new, large block, north facing yard and deck and in a fantastic quiet court location. Open Saturday and Sunday – you will be impressed!

Saturday 27th August Open Houses
11:00am –11:30am 79 Spring Valley Drive, Torquay
12:00pm – 12:30pm 23 Offshore Drive, Torquay
1:00pm – 1:30pm 35 Centreside Drive, Torquay
2:00pm – 2:30pm 18 Rippleside Drive, Torquay
3:00pm – 3:30pm 24 Ballyliffen Crescent, Torquay

Sunday 28th August
11:00am – 11:30am 23 Offshore Drive, Torquay
12:00pm – 1:00pm 14A Marner Close, Jan Juc
12:00pm – 1:00pm 14 Marner Close, Jan Juc
2:00pm – 2:30pm 24 Ballyliffen Crescent, Torquay

See you on the Coast!

Torquay Real Estate Open Inspections August 6 2011

Open houses this weekend

Saturday 6th August
11:00am –11:30am 11 Norfolk Boulevard, Torquay
12:00pm – 12:30pm 14A Marner Close, Jan Juc
12:00pm – 12:30pm 14 Marner Close, Jan Juc
1:00pm – 1:30pm 18 Rippleside Drive, Torquay
2:00pm – 2:30pm 35 Centreside Drive, Torquay

Sunday 7th August
11:00am –11:30am 17 Miranda Close, Torquay
12:00pm – 12:30pm 23 Offshore Drive, Torquay
1:00pm – 1:30pm 24 Ballyliffen Crescent, Torquay

11 Norfolk Boulevard Torquay

SEA you on the coast.

Reserve Bank holds Interests Rates

Once again, homeowners have dodged an interest rate hike, with the Reserve Bank of Australia (RBA) leaving the cash rate unchanged at 4.75%.

Home Owners can now breath another sign of relief for the month ahead and the trend looks like it may continue with hopes that the cash rate will remain unchanged in the months to come.

Business are feeling the effects of low consumer confidence as we pay more attention to where we are spending our money. While many are managing their daily expenses it appears that investing in Real Estate and owning your own home are still high on the agenda. The Torquay Real Estate market can be defined as consistent with a steady flow of turnover in property.

Great Results seen across all sectors through the market of July as we approach Spring with high activity.