Lorne Real Estate Open Inspections and Market Round Up Nov 5-6

Lorne Open Inspections and Market Round Up Nov 5-6


‘Lorne Real Estate – Open houses this weekend’
Saturday 5th November
12:00pm – 12:30pm 56 Deans Marsh Road, Lorne
12:00pm – 12:30pm 58 Deans Marsh Road, Lorne
12:00pm – 12:30pm 1020 Winchelsea-Deans Marsh Road, Bambra
1:00pm – 1:30pm 5/12 Grove Road, Lorne
2:00pm – 2:30pm 14 George Street, Lorne
3:00pm – 3:30pm 77 Charles Street, Lorne
Sunday 6th Novemeber
1:00pm – 1:30pm 4 Roache Court, Lorne

‘Lorne Property – Market Round up’.  A great week in the financial world with the Reserve Bank lowering the cash rate 25 basis points to 4.5 percent. It is now exactly 12 months since it was increased from 4.5 percent.

The Australian dollar has risen again in October, posting its biggest one month gain in almost 40 years, trading at around 1.0683 US dollars in early trading on the 31st October 2011. The current jump in the Australian dollar is on speculation that there will be a solution to the European debt crisis.

The All Groups C.P.I. rose 0.6 percent in the September quarter 2011 and rose 3.5 percent through the year. Melbourne C.P.I. rose 0.6 percent for the quarter and 3.6 percent for the year, following the Australian trend.

Finance

‘Lorne – Weekly report’. The Melbourne Cup weekend saw great numbers descend on the town and a vibrant atmosphere all weekend. We conducted two home auctions through the weekend with a sale under the hammer at 48 Charles Street (The former post mistresses’ residence) for $770,000 while the vacant land allotment in Albert Street was passed in and now available for private sale at $510,000.

There continues to be a surge of well priced stock being listed for the summer period at prices aligned to the current real estate market conditions. Again all the pointers continue to reinforce all forecasts of there being no better time to buy properties than right now.

Good luck to our colleagues at Torquay who are participating in the 24 hour Relay For Life at the Bob Pettit Reserve, Jan Juc..

Relay for Life

‘Lorne – You must have a look at this’. The last weekend of the Lorne Sculpture – an amazing array of exhibits in a world class environment. Make sure you check it out before it closes on Sunday.

Lorne Victoria Sculpture

‘Lorne – No better place in the world’. It’s the final chance to walk along our beautiful coastline and view the Sculptures, with the fantastic weather forecasted for the weekend, there’s no place I’d rather be.

Lorne Victoria Australia

 

www.surfcoastimages.com.au

‘Lorne – Quote of the week’.

“You can have anything you want – if you want it badly enough. You can be anything you want to be, do anything you set out to accomplish if you hold to that desire with singleness of purpose”. Abraham Lincoln.

See you in Our Backyard.

ian stewart lorne real estate agent

Ian Stewart Lorne Real Estate

 

Ian Stewart

ian@greatoceanroadrealestate.com.au

0418 522 571

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