2 minute read

Market Update

Acreage has seen a variable shift in the last few years, predominately in the Mornington Peninsula Countless lockdowns, inspired buyers to make a sea, tree change for a lifestyle of peace, quiet and tranquillity, the kind of lifestyle you are offered with acreage

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Flexible working arrangements have paved the way for many buyers, with the ability to make these lifestyle changes as per their flexible working schedules This is ever increasing the buyer pool and activity in the Mornington Peninsula acreage market With interest rates seeming at their peak, it is the perfect opportunity to take advantage of preparing properties for sale in anticipation of many more buyers entering the market, due to increased stability

We are now seeing, relatively low acreage stock levels however with most being realistically priced, days on market are lower as they are selling well

The Mornington Peninsula acreage market offers a convenient lifestyle choice, less than an hour from Melbourne, buyers still have the Mornington Peninsula in their sights with the goal to make the move to this slice of paradise

Cam Jamison

0409 525 685

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