We have learnt a thing or two about selling Coastal/Lifestyle/Rural Properties!

The Great Ocean Road Real Estate brand is recognised around the world and has captured significant buyer interest throughout Australia, Asia and Europe for Australian coastal real estate.

With transactions in excess of $80 million, since Jan 1 2010, there have been 23 sales in excess of $1 million. 4 of these sales were in excess of $2 million and one being a record price in Lorne at just under $5 million (these statistics included record prices in Lorne, Wye River and Apollo Bay).

Lorne

These transactions are true evidence that confidence remains in the Great Ocean Road region, with local, interstate and overseas investors and managed funds making up the buyer lists.

With the ever increasing population growth, the infrastructure and designated growth nodes – combine this with new levels of appreciation – purchasing of coastal property is a sure fire way of enjoying good returns and proven capital growth over the medium term.

The above transactions are the result of every party in each transaction having an

acute awareness of the market. Calculating the returns, appreciating the motivation and responding positively to advice.

This past quarter has been the most vibrant period since the 2003/2004 summer period and we look forward to the current year in a recovering economy of improving coastal prices and increased optimism.

With Australia seen to be a safe place to invest with an efficient economy, I expect the positive demand trend to continue in 2010 and beyond.

Open Houses this weekend

Saturday 17th April
1:00pm – 1:45pm 5/3-9 Armytage Street, Lorne

See you on our Great Ocean Road.

Michael C
Michael Coutts
michael@greatoceanroadrealestate.com.au
0438 356 624

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