McElwaine Estate Agents 2018 Market Report

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2018 Market Report

HUNTER’S HOT LOCA LE S


A Message from Natasha

P

roperties in the Hunter Valley are being snapped up within days of going on the market and at premium prices, proving that the current market is a seller’s market.

helped one happy client sell a modern family home at 203 Bolwarra Park Drive Bolwarra Heights for a premium price of $1,200,000 double the price of the local average. We have We have seen a record number of properties also sold a number of properties in Largs for come onto the market during the warmer double the local average and we have extracted season this year. With the scrapping of stamp other premium results from suburbs like Louth duty for first homebuyers, purchasers are far Park, Lorn, East Maitland and Tenambit. outweighing sellers and willing to pay top dollar The vendors could not be more delighted with a stress-free sale and a great price in a record to get their foot in the door…literally. Sydney buyers are also turning to the Hunter timeframe.

With the warmer weather still here, the Hunter Valley market is still very much thriving. Buyers are more likely to attend open homes and auctions and many people are keen to ‘lock Many of the properties that we have put on the in’ their new home in the New Year. market have had the sold sticker plastered on Moreover, with a strong, world-class marketing the sale board before the marketing campaign and sales campaign to match your goals and has even begun. Others have sold in as little as property features on your side, we will help you maximise the market to extract those extra three days on the market. We have had a number of properties sell dollars and an unbeatable result. Valley for investment or a tree-change, with the lifestyle and affordability enticing the sale of homes to Sydney buyers before they have even walked inside.

over the past few months for a price beyond If you are looking to sell, there is no time like expectation for the region. For example, we now!

a h s a t a N


Recent Top Performers Suburb

Residence

Median Price

Sale Price

Bolwarra Heights

211 Bolwarra Park Drive

$599,000

$945,000

Bolwarra Heights

203 Bolwarra Park Drive

$599,000

$1,200,000

East Maitland

36 Brunswick Street

$431,000

$590,000

Largs

91 Dalveen Road

$555,000

$1,300,000

Largs

19 Largs Avenue

$555,000

$1,175,000

Louth Park

479 Louth Park Road

$875,000

$1,035,000

Louth Park

171 Gullivers Lane

$875,000

$950,000

Louth Park

20 Cascade Close

$875,000

$1,095,000

Lorn

23 King Street

$560,000

$840,000

Tenambit

47 Houston Avenue

$372,000

$542,000

“Bolwarra Heights “Largs

134%

above median price”

The Hot Spots to Watch

100%

above median price” “Lorn

50%

above median price”


About McElwaine Estate Agents

A

fter selling property on a global scale, founder and property expert, Natasha McElwaine created McElwaine Estate Agents to allow people, just like you, to benefit from the world’s most successful approach to selling properties. McElwaine Estate Agents have become leaders in residential properties through to high-end lifestyle acreage and rural properties throughout the Hunter Valley. A premium price on the sale of your property doesn’t just happen - it takes one great team, an unparalleled marketing approach and a tailored campaign to position your property in front of the right buyers. It is how we’ve sold 90% of our properties at a premium price and in a timeframe under our competitors.

T 02 4933 9929 | F 02 4992 1155 7/128 Lawes Street East Maitland NSW 2323 E info@mcelwaineproperty.com.au | W mcelwaine.com.au All information has been obtained from sources believed to be reliable. While we endeavour to be accurate in any recommendations and statements regarding the outlook of real estate in the Hunter Region, the statements we have made are of opinion only and based on our experiences in the area. We encourage you to conduct your own research before making a decision.


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