A residential home along the Great Ocean Road in Apollo Bay has just sold for a record price. Darren Brimacombe the agent from Great Ocean Road Real Estate says “the sale will certainly have the market talking.” The house is positioned on the Great Ocean Road in a strip known as ‘the golden mile’ on the northern side of Apollo Bay.

Apollo Bay property fetches record price

The housing market activity has been excellent in the last 9 months and we have come through the Global Financial Crisis. With continued property buyer enquiry and sales we are now starting to see consistent property sales back in the middle to top-end. Although the demand in the Bellarine and areas closer to Melbourne have been steady through the last 2 years, the last 6-9 months has seen a resurgence of buyers back to Apollo Bay and surrounding regions such as Johanna, Lavers Hill and Marengo. With the bi-partisan government announcements on the road extension to Colac and the excellent home value that the Apollo Bay market offers, combined with an increasing demand on the populations of Melbourne, Apollo Bay is certainly well positioned to continue to be a great real estate investment and coastal holiday destination.

Forthcoming Auction
4/28 Moore Street, Apollo Bay Sunday 26th of Sep @ 1:00 pm

If you require any further information, or would like to discuss your real estate needs, please feel free to contact me at any time.

Apollo Bays record selling real estate agent

Darren Brimacombe
darren@greatoceanroadrealestate.com.au
0418 317 424

The Real Estate Institute of Victoria has released figures showing median prices in regional Victoria over the past year increasing by 29% in some areas and plunging by almost 8% in others.

According to this month’s Herron Todd White Westpac property report, prices for vacant land in regional Victoria remain strong, due to a lack of supply and increase in demand. 

With the ever increasing population growth, the infrastructure and designated growth nodes – combine this with new levels of appreciation – purchasing of coastal property is a sure fire way of enjoying good returns and proven capital growth over the medium term.

Forthcoming Auction
4/28 Moore Street, Apollo Bay Sunday 26th of Sep @ 1:00 pm

See you on the coast.

Darren Brimacombe
darren@greatoceanroadrealestate.com.au
0418 317 424