VENUS Bay has been described by realestate.com.au as one of the burgeoning buyers’ markets in Victoria.
The advertising agency says hot competition in the city is pushing buyers to regional markets.
Venus Bay is rated second, just behind Portland (Inverloch is ninth) on a list that ranks the markets on where properties take longest to sell and buyers face the least competition.
That Venus Bay is has been dubbed a gold mine is no surprise for resident and fellow sea-changer, South Gippsland Shire councillor Kieran Kennedy.
Cr Kennedy moved to Venus Bay over 30 years ago.
“I’m not surprised [Venus Bay is described as a buyers’ market],” he said. “The prices are virtually what they were 10 years ago.
“People do buy good quality houses in Venus Bay and cash up for their retirement.
“People want to relocate here to a quiet town – its beach, bush and unmade roads speak for it.”
Cr Kennedy said that while there were “quite a few” houses and vacant lots available, there is a desperate need for leadership on ensuring there was enough public land in the future.
Cr Kennedy and the community of Venus Bay have been fighting for a number of years council’s plans to sell public land in the town.
The land realisation project, where council land is sold off for other assets in the shire, is due to progress this coming financial year.
Cr Kennedy said an influx of buyers to the district could “place extra pressures on the one per cent of remaining public space” in Venus Bay.
He said Venus Bay’s community land was already sold off to assist with funding like SG Splash and a possible municipal hub.
Cr Kennedy said council has identified 21 of 29 pieces of land that could be sold.
“Meanwhile, we [the community] have been liaising with three ministers to look at public land,” Cr Kennedy said.
“Some people say the coast line is public land, but local government has no jurisdiction over that land.
“Some of the blocks in the strategy are zoned residential, and some of them are public use.
“We want the government to draw a line in the sand, as to what the minimum percentage of public land should be retained.
“These low-lying areas in particular are fragile coastal spaces and could have a massive impact on native grasses (12 in all that have been identified), of which there’s only one per cent left in Victoria, and local wildlife.
“We’ve been having this debate through two councils – Woorayl and South Gippsland.”
Cr Kennedy said opponents have requested that council put Venus Bay’s public land that has been identified for sale at the “back of the list” in the Land Realisation Strategy while discussions continue.
Land listed on council’s website to be sold include lots at Juno Road, Noble Street, Fishermans Road, Gary Court, June Court, Margaret Avenue, McMillan Avenue and Neil Street.