Real Estate

Buyers drawn to Point Lonsdale despite no fish and chip shop

Written by The ReReport
As seen in the Source link, written by on 2019-02-25 08:39:13

Tourism boom

Point Lonsdale is a hive of activity in summer. Picture: Mike Dugdale

THE lure of a small coastal village with ocean and bay frontage is proving a winner with buyers, despite not having a fish and chip shop.

Point Lonsdale, which is one of the headlands framing The Rip, provides nearly everything buyers are looking for in a coastal hamlet — a mix of old and new homes and a lifestyle that is hard to compete with.

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Tourism boom

There is an influx of people during the summer months. Picture: Mike Dugdale

RT Edgar, Point Lonsdale agent Felix Hakins said it had been a really strong summer and one of the busiest recorded in recent years.

“It has been a superb summer with most of our expressions of interest campaigns selling and some prior to the closing date,” Mr Hakins said.

“Attendances at opens are really strong … I think this could be because buyers are realising our proximity to Melbourne, maybe compared to towns further down the Great Ocean Road.”

He said there was a mix of buyers looking in Point Lonsdale from Melbourne, locally and from other Bellarine Peninsula towns.

24 Jordan Rd, Point Lonsdale sold to a Melbourne family.

A Melbourne family recently secured 24 Jordan Rd, Point Lonsdale for an undisclosed price within the range of $1.95 million to $2.145 million.

Mr Hakins said there were a couple of groups fighting for the property, with tennis court, at the end of the expressions of interest campaign.

“The tennis court was a selling point and they are looking forward to using it as a holiday home,” he said.

The family will use the property as a holiday home.

The huge block includes a tennis court.

The median house price in Point Lonsdale is $784,900, an increase of 2.6 per cent in the past 12 months, according to CoreLogic.

Mr Hakins said despite new faces entering the community, the village has stayed the same.

“It is a good destination town, the village has everything on offer, except a fish and chip shop,” he said.