Our Backyard – Anglesea

Welcome to Anglesea

Next weekend, we have Victorian State elections and Auction underquoting has been raised by the Liberal party. The Napthine Coalition, if elected, will introduce new laws addressing the hot issue with real estate agents, buyers and sellers.

The following changes will be implemented to offer more transparency to the market regarding the reserve and pricing structure:

  • All homes being sold at auction must include a listed price or price range when advertised
  • The reserve price of a home must be within the advertised price range
  • The difference between the low and high end of the price range must be a maximum of 10 per cent
  • A reserve price and price range must be included on a sales authority form signed between a vendor and agent
  • Reserve prices can be altered, but only up to three days before the auction and the public must be notified of the new price range via advertisements
  • Spot audits of agents will be done before auctions, as well as after
  • Agents face fines of up to $29,000 if they break the law
  • Consumer Affairs Victoria will have a dedicated hotline for complaints

Source: Herald Sun 22/11/14

Great Knowledge, Great Advice, Great Results …………. Great Ocean Road Real Estate

Open for inspections on Saturday and Sunday or by appointment, so feel free to get in touch with us anytime.


23 Chatswood Drive 12:00pm-12:30pm
2 Chatswood Drive 1:00pm-1:30pm
38 O’Donohue Road 1:00pm-1:30pm
54 McMahon Avenue 2:00pm-2:30pm


57 Fraser Avenue 12:00pm-12:30pm
1/20 Fernald Avenue 1:00pm-1:30pm
38 O’Donohue Road 1:00pm-1:30pm  

Ian shot.pdf        Geoff shot1.pdf        Kellie Saddington

Ian Lewtas                                 Geoff Lewtas                              Kellie Saddington
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