Stone Property News

Stone Property News.

Quarter 2 - 2020

Matthew Clarkson 0456 791 524 @Matt Clarkson Stone

Stone Hunter Valley 1A Cooper Street, Cessnock stonerealestate.com.au

Proudly supporting the local community

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Matt Clarkson | 0456 791 524 Stone Hunter Valley 1A Cooper Street, Cessnock stonerealestate.com.au

Quarterly market update

Stone results

The predicted housing crash

Simply put, it just hasn’t happened in the Hunter Valley. We have noticed a massive shortage of available properties and high demand from property seekers. Over 60% of the properties our office sold during the quarter, were sold to out of area buyers. A number of factors have continued to drive the Hunter Valley property market: › Low interest rates › Housing & land affordability › Diverse supply of real estate varying in land sizes and price brackets › Favourable rental returns for investors › Very central geographic location to the Central Coast, Newcastle, Lake Macquarie & Sydney › Diverse demographic of people residing and working within the Hunter Matt Clarkson | 0456 791 524 Stone Hunter Valley 1A Cooper Street, Cessnock stonerealestate.com.au

Recent sales SOLD

9 Gordon Avenue, Cessnock $347,000

SOLD

15 Ridley Street, Abermain $400,000 SOLD OFF MARKET

56 Maitland Street, Stanford Merthyr $406,00

190 Station Lane, Lochinvar Price:undisclosed

SOLD

82 Mount Hall Road, Raymond Terrace $415,000

SOLD

3 Heddon Street, Heddon Greta $570,000

SOLD

stonerealestate.com.au

76 Lismore Street, Abermain $470,000

SOLD

20 John Street, Ellalong $330,000

SOLD

1 Brunker Street, Kurri Kurri $460,000

Matt Clarkson | 0456 791 524 Stone Hunter Valley 1A Cooper Street, Cessnock

SOLD

SOLD

20 Lambert Street, Cessnock $389,000

58 Allandale Street, Kearsley $310,000

SOLD

SOLD

65-67 Wollombi Road, Millfield $480,000

Recent sales SOLD

14 Tempranillo Crescent, Cessnock $430,000

SOLD

3 Patriot Close, Gillieston Heights $525,000

SOLD OFF MARKET

70 Catherine Street, Cessnock $287,500

SOLD

SOLD

SOLD

stonerealestate.com.au

SOLD

38 William Street, Holmesville $640,000

SOLD

SOLD OFF MARKET

8 Rawson Street, Aberdare $342,000

Matt Clarkson | 0456 791 524 Stone Hunter Valley 1A Cooper Street, Cessnock

SOLD

3 Stanford Street, Kitchener $280,000

9 Curry Street, Aberdare $325,000

60 Love Street, Cessnock $308,000

155 Hopetoun Street, Kurri Kurri $335,000

SOLD

16 Redgum Road, Paxton $640,000

43 Daniel Street, Cessnock $300,000

SOLD

1 Francis Street, Cessnock $315,000

Recent sales SOLD

44 Maclean Street, Cessnock $382,500

SOLD

83 Cessnock Road, Abermain $200,000

SOLD

14 Carroll Avenue, Cessnock $390,000

10 Short Street, Ellalong $655,000

SOLD

1a Margaret Street, Cessnock $138,000

SOLD

59 Edward Street, Kurri Kurri $500,000

SOLD

SOLD

stonerealestate.com.au

SOLD

26 Aberdare Street, Kurri Kurri $510,000

SOLD

SOLD OFF MARKET

24 Watson Street, Ellalong $690,000

Matt Clarkson | 0456 791 524 Stone Hunter Valley 1A Cooper Street, Cessnock

SOLD

22 Concord Circuit, Cliftleigh $535,000

12 Redgum Road, Paxton $740,000

189 Aberdare Street, Kurri Kurri $415,000

SOLD

36 Maclean Street, Cessnock $335,000

Recent sales SOLD

16 Campbell Street, Cessnock $352,500

SOLD

8 Forest Court, Paxton $790,000

SOLD

68 Alexandra Street, Kurri Kurri $310,000

Total sales value for the quarter for our office $16,247,500 Total sales for the quarter for our office 38 with an average sale price of $427,565

A note from David Tanchevski, our Principal: “Matt was our 2nd highest performing

agent during the COVID-19 quarter. To sell over 10 properties in this market is phenomenal.

Congratulations to Matt on your best quarter since joining Stone“.

Matt Clarkson | 0456 791 524 Stone Hunter Valley 1A Cooper Street, Cessnock stonerealestate.com.au

What my clients have to say The best in the business!

Matt recently sold our home and we couldn’t recommend him enough! We were drawn to Matt because of his enthusiasm, energy, professionalism and knowledge. He kept us up to date every step of the way and went above and beyond to get us the result we wanted- quickly! Thanks again Matt for an awesome selling experience. (Vendor) - 14 Carrol Avenue, Cessnock - Jye & Parris

10/10 would buy again.

Matt has a great range of local knowledge, and knows a lot more when it comes to selling houses.

He along with the local solicitor/conveyancer made my first time buying a property a breeze. He contacted me often seeing how things we going and contacted others on my behalf. I would highly recommend Matt Clarkson to anyone. (Buyer) - 9 Curry Street, Aberdare - Jake The most genuine agent you’ll meet!

Matt was nothing but professional from the first phone call. He made the experience of selling our home easy and stress free especially during a world wide pandemic!! He was honest and up front regarding the value we would achieve and worked with us on how to push that value higher. We are so happy with the result Matt achieved for us in only 10 days on the market. Couldn’t recommend him more and he’ll be the only agent we use for selling our properties moving forward! (Vendor) - 3 Patriot Close, Gillieston Heights - Tiarne & Alex

Available, Approachable and Action-orientated - AAA Matts market knowledge is excellent, his communications are calm and confident and his knowledge of the rules of real estate and his overall professionalism is fantastic to see for someone young with a very bright future. He is an asset to the standard of real estate professionals in the Hunter & Newcastle region. (Vendor) 65 Wollombi Road, Millfield - Steve & Manda

Video review 14 Carroll Avenue, Cessnock

Click Here

Matt Clarkson | 0456 791 524 Stone Hunter Valley 1A Cooper Street, Cessnock stonerealestate.com.au

Market trends Quarterly sales, Stone Hunter Valley April

May

June

Total Sales

10

9

18

Total Value

$4,171,000

$3,528,500

$8,213,000

Average sale price

$417,100

$392,055

$456,277

Buyers Met

130 (Appt only) 138 (Appt only)

144

Quarterly sales, all agencies Total Sales

Total Value

Average Price

Cessnock

67

$24,316,121

$362,927

Kearsley

2

$1,030,000

$515,000

Kitchener

4

$1,476,000

$369,000

Aberdare

8

$2,532,000

$316,500

Abernethy

2

$720,000

$360,000

Nulkaba

3

$1,050,000

$350,000

Bellbird

11

$3,571,500

$324,681

Data sourced from realestate.com.au as @ 01/07/2020 Matt Clarkson | 0456 791 524 Stone Hunter Valley 1A Cooper Street, Cessnock stonerealestate.com.au

Hot property With massive rebates on offer for first time buyers & builders, we have seen a spike in land sales. Let’s take a look at what is actually on offer: › Some developers of land offering E.O.F.Y rebates and/or discounts on top of current government handouts. › NSW HomeBuilder Grant offers a huge $25,000 rebate to all first time builders › FHOG – First Home Owner Grant offers a $10,000 rebate if you buy a new home, substantially renovate an existing dwelling or build a new home › FHSS – First Home Super Saver scheme allows first home buyers to make voluntary contributions to their super and then withdraw the additional contributions from your superfund to use as a house deposit. › Early access to superannuation for those affected by COVID-19 & no tax payable on withdrawn amount.

Did you know?

It is currently taking

90 days

on average to sell your home in the Cessnock area.

With Stone, just

57 days.

Matt Clarkson | 0456 791 524 Stone Hunter Valley 1A Cooper Street, Cessnock stonerealestate.com.au