Belle Property Dromana

With summer now upon us and the national vaccination rate in excess of eighty per cent, it is a pleasant change to be able to move freely in a relatively Covid-safe manner. For many of us, enduring the numerous lockdowns has been onerous and beyond challenging. Interestingly, though, the McCrae property market continues to escalate—without any sign of slowing down. Since my last report in June, on the basis of securing in excess of 100 premium sales for our clients, hockingstuart/belle property Dromana/ Rosebud has retained its status as the undisputed top-ranking real estate firm on the Peninsula. After our recent National Awards night, I am pleased to announce hockingstuart/ belle property Dromana/Rosebud was crowned the No. 1 office in Victoria for the third time in five years and No. 8 nationally for transactions. Sincere congratulations are extended to the entire team for this magnificent achievement. The small seaside suburb of McCrae is still “hot” on everyone’s lips, with the medium house price souring past the $1,000,000 market ($1,150,000). Remarkably, this reflects an increase of thirty per cent since January. The landscape in property is forever changing, as people are rejecting the hustle-and-bustle of city life. In droves, they are flocking to the beautiful Mornington Peninsula as their permanent place of residence. Numerous positive factors, such as fresh sea air, quality schooling, abundance of fine eateries, wineries, world-class golf courses and the ability to work from home, are being cited for this shift in lifestyle. The Mornington Peninsula housing market has dramatically increased during the Covid-19 pandemic, whereby the momentum is only expected to continue well into 2022. Driving this astonishing property value hike, is the combination of a significant stock shortage and historically low interest rates. If you are considering selling or would like some candid and informed real estate advice, please phone me on the number listed below. In closing, on behalf of my team, I would like to wish everyone a safe and happy festive season. Kind Regards Grant McConnell Director/Auctioneer 0407 515 078 Welcome.