Welcome to our early Summer Great Ocean Report.
It is a fascinating time in the Australian property markets at present with different markets performing at different levels and even different styles of properties within those markets achieving different results depending on their price and appeal.
Most metropolitan markets have been fairly robust through 2023, despite interest rate … Read the full post »
Archive for the ‘Great ocean report’ Category
Welcome to our Summer 22/23 Great Ocean Report
As 2022 ends and we launch into a new year it’s a great time to take stock of what’s happening in the property markets and try to explain what is likely to happen as we move into 2023.
As we have all seen, interest rates have risen steadily, and this has softened what was the unsustainable … Read the full post »
Our first report for 2022 and as usual there is a lot of reporting in the media about the real estate market so let’s try and make sense of what is happening.
Typically in February there is a lot of reporting about what happened in the previous calendar year as all the results are collated and presented. Needless to say, it was an … Read the full post »
As usual there is a lot being written about the property market at present and plenty of predictions as to what may occur. As is our usual mission, let’s see if we can break down what is actually happening and see if we can work out what lays ahead.
The most publicised indicator of the property market performance is the metropolitan property market … Read the full post »
Welcome to our Spring Great Ocean Report. Currently there is no amount of superlatives that can do justice to the active state of the property market at present and in particular, the coastal property market.
If you have dealt with us at Great Ocean Properties previously, either as a buyer or seller, you will know that the methods of sale that we use … Read the full post »
The 2020/21 financial year was an incredible year for real estate activity on the Great Ocean Road. Both in terms of the volume of transactions and price increases across the entire coast. Much of this was initiated by a psychological response to COVID lockdowns and buyers seeking lifestyle and then progressed to a FOMO (Fear Of Missing Out) market as prices … Read the full post »
As we draw towards the end of the financial year, we can look back at what has been an incredible period for most real estate markets in Australia, in particular regional property markets. For many years we have provided a breakdown of the performance of the Great Ocean Road towns at the conclusion of each financial year. We can already see there will … Read the full post »
This report is being written during Dan Andrew’s “circuit breaker” lockdown and it has given us time to reflect on what has been the most incredibly busy summer on the Surfcoast.
In our last Great Ocean Report, we spoke about both the psychological factors (response to being locked down, people escalating their plans forward, etc) that were driving the property market and the … Read the full post »
Despite predictions from self-proclaimed property experts about the negative impact of COVID on the Australian property markets, the opposite has eventuated and we have never been busier. So, what is going on? Let’s take a look.
There are two … Read the full post »
As restrictions start to ease from the pandemic in Australia, with metropolitan Melbourne being the last major battlefield, many are wondering what the property market will look like post COVID and whether it’s a good time or not to make a real estate move. Let’s try and find some clues to understand what’s likely to happen.
The effect on economies around the … Read the full post »