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Sport and Fishing………. 37 to

Tackle World Moruya Fishing report 11th Nov 2022

Moruya River. Improvements con nue as the river con nues to clear up nicely. The clean water is now pushing well up past the hospital bring the flathead, bream and the odd estuary perch back into ea ng mode. The airport flats and the area around Preddy’s wharf have been holding numbers of flathead, trevally, tailor bream and the odd whi ng star ng to turn up. The tailor can be a li le on the annoying side down around Preddy’s wharf, as plenty of anglers are losing lures and rigs. Try throwing small metals if you want to target them. Fingers crossed we some more whi ng back in the river this year, as we have been missing a good surface bite for the last few years as a result of too much fresh. Tuross river. There have been good flathead through the system this week, with the flood debris s ll crea ng issue in some parts of the river. Keep an eye out when naviga ng the system. Towards the front of the system, the flathead, tailor, Luderick and bream can all be found both in the deeper holes, and now that the river is clearing up, on the flats again. Up in the fresh, the bass will taking posi on back on their snags, now that the water levels have cleared and dropped. Rock and Beach. Salmon, tailor and the odd bream and whi ng have been encountered now that the water temperature is star ng to rise. Moruya breakwall has been a bit hit and miss this last week, with the salmon there some days and not the next. Offshore. Snapper, gummies and flathead are all s ll on the cards at the moment. The water will be clearing up nicely as the northerly current clears condi ons up nicely. Try in the magic 30%40m for the snapper, while the flathead will be establishing themselves back over the sandy areas in the 15020m mark. There s ll should be tuna out wide for the game crews, and it can’t be long before a few bill fish start to show up. Mari me are doing their annual expired flare collec on again, with Moruya having its go again at Preddy’s Wharf between 10am and 11:30am on Saturday 19th November. They then move over Hanging Rock boat ramp in the Bay from 1pm - 2:30pm on the same day. Stay safe everyone and remember, “every days a good day for fishing…” Team Tackle World Moruya.

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South Coast Property Specialists (Carlene Franzen) Tips #1122: The Mystery of “The Block”

Some may find it surprising but watching “The Block” isn’t mandatory viewing for those in real estate. That said, it was of some interest to watch the final night where once again, suspense was at its maximum while we watched the contestants go through the final auc on process. And this year it must be said the outcome was quite extraordinary. Generally, it is a rela vely even contest as the proper es are roughly the same size, in the same loca on, have all been “nicely” renovated and we have the same crew of buyer’s agents there to splash around someone else’s money. So, in past years (depending on the auc on reserves that have been set) the contestants have come away with either a huge windfall or pre y much nothing at all. And, o en the winner has come from the contestants who have been able to secure the second auc on posi on, where the first auc on “sets the bar”, it’s then overtaken by the second auc on and it then depends if there is s ll enough money around for the remaining contestants to challenge the leaders. For those that have never watched the show, basically the contestants renovate the property, a reserve is set, the proper es all go to auc on and the contestants “earn” the amount over the reserve price that the property sells for. The contestants or team who gets the most, then gets a further $100,000 for winning the show. If you were unlucky enough to miss the final night, this year did not go to script at all. Insiders advised that the producers delayed the start of the auc ons by forty minutes while they waited for one their key purchasers to arrive. Another new purchaser arrived in his Lamborghini and when the bidding got underway, they went hammer and tongs in a good old auc on bidding war pushing the price well up and over the reserve (of $4m) to around $5.5m dollars. From the show’s point of view, so far so good, but it actually turned out to be too good, as everyone stood around in disbelief when the other similar proper es either just made their $4m reserve or were passed in, with the hope that some price significantly over the reserve could be nego ated a er the auc on. On this point, given there are 4 proper es all around the same amount we think that is probably going to be a difficult task. The result was a great one for the winning contestants who took home $1.5m plus $100,000 for winning the show.

The irony is, the channel’s producers probably obtained about the right amount of money for the proper es in total, but the majority (aka all) of the windfall was weighted to the first property. So, why did this happen? It was obviously a result of many factors one of them being sheer luck at going first. You also have to consider that these proper es are nearly double the price of most other proper es in the area and one auc oneer interviewed a er the event remarked about possible “over-capitalisa on”. It is also generally agreed that the result is a reflec on on the subdued market and that a different result would have been achieved if these auc ons had been held either earlier in the year or last year. One of the take-aways is that in a market like this, if there are mul ple auc ons on the same day, going first might not be such a bad idea.