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31st August 2023

Spring has sprung!

Households are almost certain to be spared from another rate rise when the Reserve Bank meets next week after inflation eased amid falling consumer demand. The latest Consumer Price Index figures, released by the Australian Bureau of Statistics, show annual inflation eased to 4.9 per cent in July, down from 5.4 per cent in June.

This is welcome news to borrowers who have been hit with 12 rate rises since last May. The result undershot market expectations that had anticipated price pressures would be more stubborn and decelerate to 5.2 per cent. Following the fresh inflation figures, markets trimmed their expectations for a rate rise before years end to just 38 per cent. This is a great result and great timing for the spring selling season.

Sneak Peek

28-30 Strathlachlan Drive, Highton - Private sale $720,000

A unique development opportunity on the 719m2 site on the corner of Dryden Way has a Planning Permit for the development of 4 townhouses which have been designed by E+MC2 Architects. Documentation is available. Close to the Ring Road for easy access to the Surf Coast and Melbourne, also to the local shopping centre and the many quality schools that Geelong is renowned for. This is one of few properties in the Highview Estate that does not have a single dwelling covenant so supply of the finished product will always be scarce.

16 Holyrood Avenue, Newtown - Private sale

Contemporary home offering low maintenance living. 3 bedrooms, 2 bathrooms, office and generous light filled open plan living. A stunning kitchen opposite large dining space. Low maintenance court yard with spa.

3/9-11 Frank Street, Newtown - Private sale

Located in an extremely well maintained complex, and amongst beautiful gardens, this brick villa unit will not disappoint. Recently painted throughout and with new carpet, it offers two bedrooms and two bathrooms. A large kitchen with adjoining dining. Full laundry and single garaging with internal access. North facing private court yard. Walking distance to local shops, cafes, public transport and schools. This is perfect for a downsizer, professional or investor wanting a blue chip investment.

25 Trigg Street, Geelong West - Private sale

Set on 443sqm (approx.) with side access off Baker St, this two-bedroom updated brick home is the perfect entry opportunity to Geelong West or an easy investment in any portfolio.

141 West Fyans Street, Newtown - Private sale

Well located, close to the Cafe precinct of Newtown and Barwon River walking track the current dwelling is renting for $470 per week and boasts a kitchen with quality appliances, two bathrooms, three bedrooms and good size living area. Ideal for the astute investor, owner occupier looking to renovate and/or extend or a development site (STCA). It is a large block of 785m2 (approx.) and zoned Residential Growth Zone.

2/250 Malop Street, Geelong CBD - Private sale

Set back from the main road sits this two-bedroom town house with private courtyard. Light filled, spacious and location are just a few things to love about this property. A short stroll from everything the Geelong CBD and waterfront have to offer with the bonus of double car accommodation accessed from the rear lane.

Geelong - Private sale

Renovated Victorian cottage comprising three light filled bedrooms spacious lounge, updated kitchen and bathroom with off street parking, located within the Geelong Medical precinct, making this an affordable inner city abode, investment or potential consultancy rooms STCA.

124 Garden Street, Geelong - Private sale

Situated on 482sqm (approx.) with rear lane access, this three-bedroom home located in a popular Geelong pocket is a great opportunity for anyone looking for future potential in a central position.

27 Sharp Street, Newtown - Private sale

Gorgeous brick cottage in the heart of Newtown’s café precinct! This two bedroom cottage offers more than meets the eye! Front sitting room plus large family room flooded with natural light from the raised skylight. Generous sized renovated bathroom, two bedrooms and central kitchen. Large timber deck and low maintenance small yard (with rear access). Cute little shed for storage.

38 Baelish Drive, Charlemont - Private sale

Newly built four bedroom home with zoned living areas, quality fittings and furnishings and fully landscaped.

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