Surf Coast Property Market Update: Key Insights and Opportunities Jan 2025
We’re excited to bring you the latest updates from Simon Bogdanov, our premium property specialist for the Surf Coast region. In this video market update, Simon closely examines how the Surf Coast property market is performing as we settle into 2025. Let’s dive into the key takeaways.
Current Market Snapshot
Simon highlights an encouraging start to the year, with 14 properties sold in the first 30 days and a median house price of $1,219,000 for the area. Although the market has had a slow start, there are noticeable signs of growth. Open home attendance is on the rise, and buyer enquiries are increasing, which fuels optimism for the months ahead.
Growing Confidence Among Buyers
One of Simon’s most promising aspects is the stabilizing interest rates. With this change, buyers are starting to feel more confident, leading to enhanced borrowing power. Increased buyer confidence often correlates with rising property prices, so it’s an exciting time for buyers and sellers.
Plenty of Options for Buyers
Simon emphasizes the diversity of choices available for homebuyers. Whether you’re searching for a charming character home in Jan Juc or a contemporary new build in one of Torquay’s thriving estates, there’s something for everyone. This is also a great time for current homeowners considering a change—whether you’re upsizing, downsizing, or moving closer to the beach, the options are plentiful.
Exciting Opportunities Ahead
At Oslo Property, Simon has some fantastic listings coming to the market across the Surf Coast. From Jan Juc to Bellbrae and Anglesea, we cater to a wide range of buyers and price points, ensuring an ideal property for everyone.
Community Commitment
Simon also highlights our ongoing support for the Torquay Boardriders Club, a beloved and iconic surf club in Victoria. Our partnership with them underscores our commitment to the local community and its vibrant culture.
To delve deeper into the details about the Surf Coast property market, check out Simon’s video above.
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