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Whitford - Geelong Property News: I came across this article during the week and it showed a graph which was produced by Oxford Economics and it forecasts where they believe house prices will be in three years time.
They predict Melbourne will have 21% growth for houses and 20% growth for units. That’s huge, and I am aware we are not Melbourne but we are not far away and our growth usually follows suit with Melbourne.
I have said it more than once in this newsletter that as soon as they start lowering the interest rates that the bounce back is going to be strong. Yes, the market is quieter now but houses are still selling. As a buyer I would much rather buy a property in isolation rather than competition. The competition is coming……..
John Moran
Director
20 Brownbill Street, Geelong - Edwardian timber cottage in one of Geelong’s prettiest streets, offers 3 beds, bathroom, and updated kitchen/dining. Duel frontage presents opportunity to extend and create your dream home in this convenient location.
79 Gheringhap Street, Geelong - Expressions of interest for sale or lease. A three level building of (approx.) 625m2 in a prime CBD location. Generous land area of 792m2. Ample onsite parking.
19 The Esplanade, North Shore - With direct water views and within a short stroll to the Moorpanyal Beach & Playground area, this is truly rare opportunity in a tightly held location. Boasting a fantastic allotment of 650m² (approx.), this property is the perfect chance to renovate, develop, or build your dream family home (STCA).
20 Stubbs Avenue, North Geelong – An adorable 3 bedroom Californian Bungalow in a location that is more convenient than it gets credit for, walking distance to all amenities including North Geelong train station as well as the Geelong waterfront. Updated throughout while maintaining many of its character features, this is an opportunity not to be missed.
114 Sunset Strip, Jan Juc - Just under 1 acre of privacy this brick home comprises 4 bedrooms, the main with ensuite and dressing room, multiple living areas including open plan kitchen, dining and family room.
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