Small beach shack with huge opportunity at a price that is the cheapest on the market in Portsea. Yes it is at the wrong end of the street but it is a great street with some $4M houses in it. The old saying worst house in the best street applies here. First home buyers could easily afford to get into the market here and will suit a family with young children nicely. Alternatively you could get a nice return on airbnb and use it as a holiday house. Retirees willing to build could knock this down and be left with a new home on a manageable sized block.
Michael Sier is a licensed Mornington Peninsula Buyers Advocate specialising in the family home and holiday house markets along the bay. Being a Peninsula local with a family of 3 children, he understands the needs of a growing family within the community. His close relationships with selling agents ensure he receives access to many homes off-market, as the more exclusive suburbs such as Mount Eliza, Mount Martha, Red Hill, Blairgowrie, Sorrento & Portsea are very tightly held. Having studied a Bachelor of Information Technology at Federation University, Michael also holds a full Victorian Estate Agent’s Licence and is an active property investor with 14 years in the real estate industry working alongside some of the most prominent buyer advocates in Australia.
What a difference a month makes! We saw the writing on the wall with low stock levels and increased buyer demand in winter but needed confirmation it wasn’t just a knee-jerk reaction to greater Federal government stability and interest rate cuts. September really kick-started the spring market right across the Peninsula. We saw properties that ...[read more]