Archive for the ‘News’ Category

Our Backyard – Torquay

Getting Ready to Sell

The real estate market is increasingly competitive; buyers are savvy and often not prepared to compromise. In many cases, they’re looking to buy not just a home, but a lifestyle and that’s amplified in our coastal market.

An open house is your chance to showcase your home at its best, sell the “dream” to potential buyers, and secure a top-dollar sale. Presentation is key at every open house … Continue Reading »

Our Backyard – Torquay

Bells Beach Rip Curl Pro Rolls into Town

Bells Beach has been hosting surf competitions for more than 50 years, making it the most renowned spot our raw and rugged southern coast of Victoria. The list of event champions is a veritable who’s who of surfing icons, including many World Champions. Surfing’s greats have a way of dominating Bells. Mark Richards, Kelly Slater and Mick Fanning all have four Bells trophies; … Continue Reading »

Our Backyard – Torquay

Hot Property Close to the Beach

1 Hallis Court Torquay was introduced to the market last Thursday night and advertised as an Auction Campaign to be conducted on March 25th Unless Sold Prior. The property was a very well presented 4 year old 3 bedroom home situated only 250m from Whites Beach in a court of only 4 other houses. On the slightly negative side 1 Hallis Court is only a … Continue Reading »

Our Backyard – Torquay

Auction Rates Still Very Healthy

Auction volumes returned to higher levels last week across the combined capital cities with a total of 3,275 homes taken to auction; the higher volumes returned a strong preliminary auction clearance rate of 70.5 per cent. The previous week 1,992 auctions were held across the capitals with 66.1 per cent clearing, while over the same week one year ago a 78.4 per cent clearance rate was … Continue Reading »

Our Backyard – Torquay

International Arrivals

We quite often read articles about the level of population growth Torquay and surrounds is set to experience over the coming decades as we grow as a township by around 20% every 5-6 years. I think we sometimes forget as permanent residency becomes the norm that Torquay until recently was predominantly a seaside tourist town with majority of homes, especially in Jan Juc being utilised as beach homes. We … Continue Reading »

Our Backyard – Torquay

Summer on the Coast

I’ve always said that the best weather on the coast is in February and March. It’s usually consistently warm during these months and it’s a little easier to get around with reduced visitor numbers as kids head back to school and work holidays become a distant memory.

The property market continues to produce some great results with reporting 10 property sales over the last 7 days in … Continue Reading »

Our Backyard – Torquay!

Greetings from Great Ocean Road Real Estate, Torquay

A touch of Spring in the air this week as we move through the last days of winter!  The Torquay and district markets continue to move along nicely with enquiry strong and availabilities low. In particular, we note the strength of the rental market with just 35 availabilities in Torquay and 7 in Jan Juc. The quality of applicants is excellent and in … Continue Reading »

Greetings from Great Ocean Road Real Estate, Torquay.

Another great week for property here with a further three houses going under contract. Current lending rates are certainly supporting ongoing confidence in the local market, and it is clear that stock levels are quite low regardless of the time of year. Some nice properties open for inspection this weekend and for those seeking a great buy, check out 17 Attunga Drive in … Continue Reading »

Our Backyard – Torquay

Greetings from Great Ocean Road Real Estate, Torquay

The federal treasurer has reiterated that his Government will not remove or limit negative gearing, as this would increase the tax burden on Australians trying to provide a future for their families. The capital gains tax was also left unchanged.

This decision which was supported by the REIV, recognises that the current arrangements increase the supply of housing for the growing population, maintain rents … Continue Reading »

Our Backyard – Torquay

Greetings from Great Ocean Road Real Estate, Torquay!

Ok, so the weather has not exactly been ideal for the beach though rest assured, if you go for a stroll on our beautiful beaches at present, you will have them pretty much to yourself!

Regardless, the market just keeps on keeping on here. Availabilities across both the selling and permanent rental markets are as low as we have seen them for several years despite … Continue Reading »