Anglesea a sellers’ market

November 5, 2020 BY

This 5 bedroom home at 45 Donohue Road Anglesea hits the market with a price tag of $1,950,000.

Great Ocean Road Real Estate’s newly appointed Anglesea Branch Manager Ben Jackson reports that in the last 6 months they have seen a significant shift from buyers looking for a beach house for dedicated holiday use, to buyers who are looking to move to Anglesea on a more permanent basis.

“We have had one the busiest winters on record,” Mr Jackson said.

“The effect of COVID-19 on the local Anglesea real estate market has been quite profound as peoples work environments change and the need to physically attend a traditional office become less important to employers.

“Likewise, our retired and semi-retired clients are now less drawn to living in city’s as restaurants, theatre/galleries and international travel are put on hold and a desire to live in a naturally spectacular environment becomes more important.

“The great winter sales volumes achieved have largely been restricted by current low stock levels as buyers snap all available properties, mostly under competitive negotiation.

“I’m excited by the anticipated level of pent up buyer demand that will be released once Melbourne’s restrictions are lifted.

“If you’re thinking of selling, I envisage this summer to be one of the best ‘Sellers’ markets in recent history,” Mr Jackson concluded.