Strong Anglesea market ends year on high note

WITH 102 properties sold in 2017, Great Ocean Properties has continued leading the Anglesea market with its outstanding sales results.

The Anglesea sales team consisting of Ian Lawless, Paula Fowler and Jess Nowson have placed 47 “sold” stickers on Anglesea properties during the 2017 selling season, well ahead of the other agencies with 23, 17 and eight respectively with seven sales occurring via other means.

Great Ocean Properties director Ian Lawless said that the Anglesea sales team is proud to be Anglesea’s number one estate agency of the year for the fourth year running, and it shows the hard work put into their vendors properties pays off.

“We have also been recognised by Australia’s leading real estate review site ‘Rate my agent’ as the most recommended agents in Anglesea,” Mr Lawless said.

“The average days on market for us is 14 with numerous properties selling within the first few weeks of the marketing campaign.”

Of the 17 properties sold for above $1 million, Great Ocean Properties sold 11.

Between $1 million and $1.5 million there were 11 sales; $1.5 million-$2 million, four sales and above $2 million, two sales.

The median sale price for Great Ocean Properties over 2017 was over $795,000, well above the Anglesea average of $752,000.

“Houses from $500,000-$900,000 and ready to move in down-sized homes have been the stand out performers in the Anglesea market,” Mr Lawless said.

“A-grade family homes, quality knock-down, rebuild sites and compact single-level properties have all drawn multiple bidders.

“We are also seeing a robust demand for buyer asking about properties from $1 million-$2.5 million.

“There are currently only 21 properties on the market in Anglesea. Anglesea is facing a shortage of listings for the most in-demand types of properties and we are currently negotiating on three of these.

“There are a limited number of new or renovated homes and as a result more upgraders and downsizers are looking at properties that are liveable but have scope to be improved.

“People are looking for a lot more property than we have, or the market has to offer,” Mr Lawless said.

“We have numerous properties coming to market in the New Year across all price points from $650,000 to over the $3 million mark.

“So if buyers can’t find what they are looking for, please pass by our office and we can register them for our weekly updates for all future listings.

“What’s interesting about the market at the moment is that we have got upgrading families, holiday home buyers, generation Y buyers, baby boomers and investors all active in the market place and on our buyer register.

“Now is the perfect time to talk about your property, in fact many of our clients have been surprised to know how much their property values have increased since last summer.”

For a confidential conversation on how to achieve a premium price on the sale of your home, phone the Great Ocean Property team on 5263 1100.