Our Backyard

Another strong week of sales in the area continues the theme of the past six months. Of course sales cannot happen without listings. Many buyers often ask sales agents to keep them informed of any new listings that come onto the market. In reality even the best of us can sometimes allow things to slip through the cracks.

The best way for buyers to keep up to date with new listings is to subscribe to our email alerts or our RSS feeds. This can be done by simply entering the Apollo Bay page on our new interactive website at www.greatoceanroadrealestate.com.au You then can subscribe for a weekly email alert or for more instantaneous information, click on the RSS feeds.

This way, you will be fully informed as to what is going on in Our Backyard.
Darren Brimacombe

Key Statistic – house and unit values
Based on the latest RP Data – Rismark Home Value Index results for the month ending September, properties are selling faster and vendors are moving less on their asking price. The average level of discounting, which measures how much negotiation is taking place in the market, fell from 7.0 percent last year to just 5.4 percent suggesting that vendors are regaining some leverage as buyer demand increases. The average number of days on market has also fallen considerably compared with last year. The average Australian house is now taking just 41 days to sell compared to 53 days last year. Source: RP Data Property Pulse.

Steve Ryan Photography

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