Solid numbers see a sale a day in the Bellarine

The Bellarine real estate market is showing no signs of slowing – in fact it is just the opposite, according to Bellarine Property director Levi Turner.

“We’re running at more than a sale a day, which is really solid numbers,” Mr Turner said.
“The Bellarine market is performing really well; we are seeing multiple factors contributing to this.
“Extremely low interest rates, low levels of stock on the market and the move of people from Melbourne.
“We have always had a lot of Melbourne based buyers that move to our region, and we are seeing their plans move forward by months and years.
“We have been seeing most of the activity under the $1 million mark but that has changed in the past 1-2 weeks with sales between $1.5 million-$3 million more the norm with six recent sales in this range. Melbourne buyers make up 40 per cent of the sales with the rest coming from locals and Geelong.”