Anglesea property market shows no signs of slowing

WITH IAN LAWLESS FROM GREAT OCEAN PROPERTIES The end of the financial year has come and gone with our team at Great Ocean Properties Anglesea seeing a strong 2018/19 Financial year.

Anglesea’s real estate agencies have sales to date of 78 properties sold in the financial year with Great Ocean Properties again been awarded Anglesea’s number one Estate Agent with a total number of 44 sales to date.

We have excelled in the marketplace, with the other three agencies sales being 7,7 & 20 respectively.

Great Ocean Properties has also been recognised for the third year in a row by Australia’s leading real estate review site “Rate My Agent” as the most recommended and trusted agents in Anglesea.

Properties from $600,000-$1 million have been stand out performers and the overall Anglesea property market has shown no signs of slowing.

Buyer activity remains strong coupled with an under supply of property, we have far more buyers than sellers which is keeping the local market buoyant.

Anglesea’s top seller was a Point Roadknight beach house which sold in the vicinity of $1.8 million. The most affordable was $340,000 for a two bedroom unit and there were seven land sales between $400,000-$800,000, four of these between $400,000-$500,000.

According to Core Logic, the median house price across Anglesea increased by nearly 10 per cent over the past 12 months, therefore, the average price is approximately $860,000 to buy a conventional family house today, compared to this time last year when the average price was $787,000 for the same house.

There is a lot of energy in the Anglesea market and this trend is unlikely to change anytime soon with continuing strong interest into spring and summer as we bring new properties to market.

If you would like to discuss how we can help you with your real estate needs and requirements on a confidential no-obligation basis, please contact the Anglesea Great Ocean Properties team of Ian Lawless, Jess Nowson and Paula Fowler on 5263 1100.