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Ferris Property sees a positive shift in the market

November 8, 2024 BY

Michael Ferris said well-presented, right-priced properties are in high demand, offering sellers the chance to capitalise on this vibrant spring season.

AS spring breathes new life into the Torquay and Surf Coast property market, there’s an exciting buzz in the air.

Michael Ferris of Ferris Property said there had been an uptake of interest in the local property market as the apprehension over a possible interest rate rise diminishes.

Having sold hundreds of homes over 15 years and led large-scale land subdivision projects, he has seen the region evolve and grow first-hand.

“Real estate has always been more than just a business to me, it’s about people, relationships, and the community,” Mr Ferris said.

“Many of my closest friends today started as clients, and over time, they’ve become like family.”

Throughout his career, Mr Ferris said he had navigated personal and professional challenges, including family breakdowns and business partnerships.

12 Lehmann Court, Torquay is on the market with Ferris Property for $1,145,000 – $1,185,000. TOP: Michael Ferris said well-presented, right-priced properties are in high demand, offering sellers the chance to capitalise on this vibrant spring season.

 

And he believes these experiences have shaped his grounded yet ambitious approach to real estate, keeping him a reliable presence in the Torquay market.

“With my new brand, Ferris, it felt like the obvious next step for me, rooted in my family name, it stands for trust, service, and long-lasting relationships.

Despite fluctuations in the market, Mr Ferris said property would always be a good investment in the long term.

“While stock levels remain below pre-pandemic trends, SQM Research notes the market is balanced and competitive.

“Well-presented, right-priced properties are in high demand, offering sellers the chance to capitalise on this vibrant spring season.”

At Ferris Property, Mr Ferris said he prioritised service over everything else.

6 Brumby Drive, Torquay is for sale at $1,375,000 and offers a live while you build option as the property includes a pool house or granny flat.

 

“My focus is on being small, dynamic, nimble, and service-driven.

“I’m with you every step of the way, guiding you with strategy and providing accurate appraisals.”

He said it was about the journey, not just the sale, and he had a unique perspective after having his share of ups and downs.

“My focus is always on guiding clients through the process in a respectful, strategic, and personal way.”

“With the market warming up, now is a great time for sellers to take advantage of strong buyer demand.”

Ferris Property has several exciting properties coming to market in Teasdale, Armstrong Creek, Manifold Heights, Winchelsea, and Torquay, covering everything from commercial spaces to residential properties and land subdivisions.

21 Dillwynia Lane, Bellbrae is a super-sized offering from Ferris Property on just shy of 2 acres and is listed for $1,075,000.

 

A specialist in larger lifestyle blocks, Ferris Property have three for sale in Torquay: 12 Lehmann Court, Torquay at half an acre; 6 Brumby Drive in the same Seachange estate, also on half an acre with accommodation; and 21 Dillwynia Lane, Bellbrae in the Grossmans Ridge Estate, a super-sized lot of just under two acres.

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