Hodges Real Estate

A Sizzling Year Ahead For Lorne

January 7, 2015 Brighton Office News

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Caprington, 1095 Great Ocean Road Lorne

The Age today published an article featuring Hodges Brighton agent Simone Chin on the ongoing popularity of beachside town Lorne and why the area’s property market is set to stay strong in 2015.

The picturesque surf-coast town has been a popular holiday destination for more than a century and despite the local population declining over the past 20 years, the property market within the town and surrounding areas has stayed strong. This is largely due to Melbourne-based buyers continuing to seek out a holiday retreat along the famous Great Ocean Road.

2014 saw some impressive sale prices achieved in the Lorne area, including the cliff-top home, Caprington, located at 1095 Great Ocean Road. The three-bedroom, two-bathroom homestead overlooking the water went on the market for the first time in 40 years and was sold by Hodges Brighton agent Simone Chin. It was made famous as the spot where artist Arthur Streeton painted his much-loved work Ocean Blue, Lorne.

The Age quoted Simone as saying, “Given Lorne’s long history as a coastal getaway, family ties and an emotional connection to the area are a powerful lure for prospective buyers.

“People who have childhood memories of Lorne or parents who have been coming to Lorne for quite a long time are coming back.”

Simone says she expects stock to come on the market in Lorne even after the peak summer period, allowing families to have one last holiday at a beloved beach house.

Read the full article here.