Stone Property News.
Featuring Millfield, Paxton, Ellalong, Congewai, Quorrobolong & Surrounding Areas
NEW LISTING
10 Short Street, Ellalong Welcome to the 14th edition of the Stone Property News for the village area. Buyer activity is still strong across the board with properties under $350,000 receiving the most attention. This edition we report 1 full price sale at Paxton and 1 off market sale at Millfield. The sale of 43 Main Road, Paxton was a fantastic outcome for the vendors with strong buyer competition and competing offers resulting in a full price sale of $475,000. The other sale at 21 Second Street, Millfield sold quickly off market through our database for a price above the vendor’s expectations. With world events causing some concerns with investors in the stock market, we have not had any similar concerns within our local area real estate market as yet. However the next few weeks may see a change in our market. On the investor front there are a number on changes for both landlords and tenants, effective from the 23rd March 2020. Please see page 3 for further information.
Michael Hurley 0491 012 003 @michaelhurleystonerealestate
Stone Hunter Valley 1A Cooper Street, Cessnock stonerealestate.com.au