Michael Cessnock 17th

Stone Property News.

Featuring Cessnock, Bellbird, Bellbird Heights and Nulkaba.

JUST LISTED

22 Cooper Street, Cessnock Welcome to the 17th edition of the Stone Property News. The recent lockdown of the Central Coast and Sydney has started to show with a slight fall in numbers attending our most recent open homes, however these buyers are still keen to secure properties with a number of video walk through calls being carried out which are leading to offers and subsequent sales to out of area buyers. We have also certainly noticed increased activity from young Central Coast and Sydney families wishing to escape the rat race and move to less populated areas.

With most new listings going under offer at amazing prices within the first week on the market, the demand from buyers is not stopping, so if you are considering selling please give me a call to find out the new value of your property.

The most recent RP Data corelogic report for May 2021 on page 2 shows another outstanding rise nationally in home values, however as shown in the report capital cities outperformed regional areas for growth in May 2021.

Michael Hurley 0491 012 003 @michaelhurleystonerealestate

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

Market report.

CoreLogic: Australia’s housing boom rolls on with national home values lifting another 2.2% in May Housing markets around Australia continued to surge in May with CoreLogic’s national Home Value Index up 2.2% over the month. The rise in May was a stronger result compared with April (1.8%), but weaker than the 32-year high recorded in March when values surged 2.8%.

For the second time in three months, growth conditions in capital city home values outpaced the regional markets. The combined capital city index rose 2.3% in May compared with a 2.0% rise across the combined regional areas.

Across the capital cities, the monthly change in dwelling values ranged from a 1.1% rise in Perth through to a 3.2% jump in Hobart. Across the non-capital city regions, conditions were more diverse. Regional NSW led monthly gains (2.5%), while values in regional WA had the weakest result (-0.1%).

Mr Lawless reaffirmed the fundamentals driving strength in the housing market remain in place. “The combination of improving economic conditions and low interest rates is continuing to support consumer confidence which, in turn has created persistently strong demand for housing. At the same time, advertised supply remains well below average. This imbalance between demand and supply is continuing to create urgency amongst buyers, contributing to the upwards pressure on housing prices.

Change in dwellings values as at May 31st, 2021 Month

Quarter

Annual

Total Return

Median Value

Sydney

3.0%

9.3%

11.2%

13.9%

$970,355

Melbourne

1.8%

5.5%

5.0%

8.0%

$740,562

Brisbane

2.0%

6.2%

10.6%

15.1%

$574,572

Adelaide

1.9%

5.4%

11.8%

16.3%

$500,881

Perth

1.1%

3.8%

8.5%

13.3%

$521,688

Hobart

3.2%

7.7%

16.5%

22.1%

$574,543

Darwin

2.7%

7.9%

20.3%

26.9%

$478,072

Canberra

1.7%

6.5%

15.6%

20.0%

$746,573

Combined capitals

2.3%

7.1%

9.4%

12.8%

$751,100

Combined regional

2.0%

6.5%

15.2%

20.5%

$468,980

National

2.2%

7.0%

10.6%

14.3%

$634,355

Michael Hurley | 0491 012 003 Stone Hunter Valley 1A Cooper Street, Cessnock stonerealestate.com.au

*courtesy of rpdata corelogic

New listing. listing UNDER OFFER

22 Cooper Street, Cessnock - Contact Agent

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Where Comfort, Character and Convenience Collide Fall in love with the heart-warming character, stylish contemporary updates and gorgeous Hunter Valley scenery that are all yours to enjoy from this classic threebedroom, two-bathroom weatherboard property. Topped off by a Convent Hill location just 400m to the town centre and there’s no denying this beautiful home offers comfort and convenience in spades.

› 809sqm R3 Medium Density corner block with second frontage to High Street › Great kerb appeal behind a white picket fence with verandah to welcome you in › Timber floors, dado boards, coloured glass and a fireplace add charm › Three air-conditioned bedrooms, master with twin robes and renovated ensuite › Spacious air-conditioned lounge room with bay window opens to verandah › Bright modern kitchen with electric cooktop, oven, dishwasher, original fuel stove › Low maintenance backyard with paved area and large freestanding double garage › Easy walking distance to Woolworths, local stores, cafes, Cessnock Public school Michael Hurley | 0491 012 003 Stone Hunter Valley 1A Cooper Street, Cessnock stonerealestate.com.au

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New listing. listing JUST LISTED

16 Burnett Street, Cessnock - $520,000 - $540,000

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Renovated home big on personality Overflowing with personality, this renovated home subtly blends its original character with stylish inclusions for modern-day living. Delivering a fresh take on a classic 3-bedroom footprint with two separate living areas and two lovely bathrooms, it sits on a level and leafy green block and holds tremendous appeal for nostalgic buyers seeking a coveted Hospital Hill address.

› Solid brick-built home with a single layout and lots of natural light › Striking updates throughout that showcase a keen eye for design › Renovated island kitchen with stunning splashback and dishwasher › Two large and air-conditioned living rooms, one with combustion fire › Double-sized master bedroom featuring a flawless ensuite with bath › Dedicated study, built-in wardrobes, gas cooktop, a/c to master › Double garage, double carport, 6kw solar system, level lawns with mature gardens › Coveted address 2km to the CBD and 7km to Wine Country Michael Hurley | 0491 012 003 Stone Hunter Valley 1A Cooper Street, Cessnock stonerealestate.com.au

New listing. listing JUST LISTED

93a Wollombi Road, Cessnock - $460,000 - $480,000

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Fresh and flawless contemporary living So inviting with its fresh renovation and crisp presentation, this single-level sanctuary has been fully renovated and beckons the discerning buyer who places a premium on stylish open plan social areas, quietly set bedrooms and relaxed, easycare interiors.

Close to shopping centres, schools and sporting fields, it offers a superior lifestyle choice for families, investors and market newcomers.

› Beautifully renovated home delivering plenty of WOW factor › Bright, airy and air-conditioned open plan living/dining domain › New kitchen showcasing premium appliances and smooth stone surfaces › Three bedrooms, two robed, serviced by a glossy bathroom and master ensuite › Dressed in crisp neutral tones complimented by polished timber floorboards › Large picture windows capturing leafy outlooks, internal laundry › Easily maintained surrounds and a location central to daily essentials Michael Hurley | 0491 012 003 Stone Hunter Valley 1A Cooper Street, Cessnock stonerealestate.com.au

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Just sold.

JUST SOLD

170 Wollombi Road, Cessnock - $790,000

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Highly experienced agent - 03 Jun 2021 “Michael was a highly skilled agent and assisted us greatly throughout the sale of our first property. Would highly recommend him not only for outstanding results but also knowledge of the area, excellent communication and attention to detail.”

JUST SOLD

42 Tempranillo Crescent, Cessnock - $510,888

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Excellent service was provided which helped a lot with the process and the result I was getting - 25 Jul 2021 Highly recommend Michael to anyone who wants to sell a property in the Cessnock area. Michael was knowledgeable, professional and really kind to help and assist in every way he could. I could imagine it would be a lot harder without the help Michael was giving me.

JUST SOLD

227 Mathieson Street, Bellbird - $442,000

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Selling with Stone Real Estate - 06 May 2021 “Very efficient, great communication through the process, and would choose Michael to sell with again.”

Michael Hurley | 0491 012 003 Stone Hunter Valley 1A Cooper Street, Cessnock stonerealestate.com.au

Just sold.

JUST SOLD

1/195 Mathieson Street, Bellbird Heights - $319,000

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Pleased with result - 03 Jul 2021 “I have observed Michael’s work ethic on the sale of a property near me. He appeared to me to be dedicated and hard working so I chose him for my own sale.

I am very pleased with my choice, he kept his promises, got us a very good price, and was very easy to get on with. I would recommend him to any prospective customer.”

JUST SOLD

87 Wollombi Road, Cessnock - $530,000

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Selling with Michael - 02 Jul 2021 “Would definitely sell with Michael again! He is very polite and his communication is outstanding which can be seen with his knowledge and experience in the market.”

Michael Hurley | 0491 012 003 Stone Hunter Valley 1A Cooper Street, Cessnock stonerealestate.com.au

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0414 450 509 Michael Hurley | 0491 012 003 Stone Hunter Valley 1A Cooper Street, Cessnock stonerealestate.com.au