Stone Property News

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Stone Property News.

Matthew Clarkson 0456 791 524 @Matt Clarkson Stone

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

Quarter 3 - 2019


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


Stone results Total Sales

Total Sales Value

July

17

$7,597,000

Average Sale Price $446,882

August

23

$8,820,101

$383,482

September

15

$5,870,500

$391,366

Area flyover - all agencies Total Sales

Average Sale Price

Cessnock

83

$383,020

Kearsley

5

$393,800

Nulkaba

3

$580,000

Aberdare

11

$357,136

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


Recent sales › 18 of 55 sales since 1st July

SOLD

Cessnock - $429,000

SOLD

Cessnock - $395,000

SOLD

Cessnock - $342,500

SOLD

Cessnock - $320,000

SOLD

Cessnock - $350,000 Matt Clarkson | 0456 791 524 Stone Hunter Valley 1A Cooper Street, Cessnock stonerealestate.com.au

SOLD

Kearsley - Undisclosed


Recent sales SOLD

Cessnock - $380,000

SOLD

Cessnock - $435,000

SOLD

Cessnock - $352,000

SOLD

Cessnock - $474,000

SOLD

SOLD 2

Cessnock - $370,000

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

Cessnock - $600,000


Recent sales SOLD

Millfield - $345,000

SOLD

Ellalong - $620,000

SOLD

SOLD 2

Paxton - $390,000

Kearsley - $289,000

SOLD

SOLD 2

Paxton - $465,000

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

2

Millfield - $465,000

2


What my clients have to say SOLD

52 Wollombi Road, Cessnock - $395,000 Buyer Review: Matt is an extremely good agent, very helpful and really friendly. I strongly recommend doing business with Matt if you’re a first home buyer as he is knowledgeable with first home buyer affairs and very helpful towards those without experience in the housing market. As well as this, he doesn’t cause stress by pressuring buyers as many agents do. Highly recommended. Vendor Review: I could not of asked for any better service. Matthew kept me informed as to how the sale of my house was going all the time. Jumping into a swimming pool in winter goes above and beyond any expectations I could have

SOLD

8 George Street, Largs - $380,000 Vendor Review: Matt recently managed the sale of our property at Largs. From first contact Matt displayed integrity and professionalism. Matt worked hard to achieve the best result for us. From the time of offer until contracts were exchanged Matt kept in constant contact and and made sure we were aware of what was happening. If your buying or selling a property we would definitely recommend Matt. Buyer Review: After searching the property market for some time and dealing with a lot of agents we came across Matt. We immediatly struck a rapport and felt very comfortable dealing with him. Communication was execellent and he went above and beyond to help us in anyway. We highly recommened using Matt.

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


SOLD

1 Kirra Road, Morisset - $480,101 Vendor Review: Our experience with Matthew was the best Realestate experience we have ever had. His market knowledge is fantastic with an honest price expectation which we even got more than the asking price price with a sale on the first open house. I could not speak highly enough of Matthew. Should we ever want to sell again, we would not use anyone else.

Market trends

It has never been more important to ensure that your marketing strategy is targeting the appropriate audience both demographically and geographically! Since June 2019 we have seen auction clearance rates in areas like Sydney, the Central Coast and Newcastle abroad rise from as low as 40% to over 75% consistently. Better access to lending since the banking royal commission, reserve bank cutting interest rates to an all-time low and APRA lowering their interest rate buffer when assessing home loans are a few of the many factors influencing local property prices.

Stats for the quarter: › Total sales: 55 transactrion in 90 days › Buyers met at open homes: 490 › Open houses conducte: 298 Buyer stats: › 61% were out-of-area › 39% were local › 9% (5 properties) Were sold to investors › 36% (20 properties) were sold to first home buyers › 54% (30 properties) were sold to existing homeowners Matt Clarkson | 0456 791 524 Stone Hunter Valley 1A Cooper Street, Cessnock stonerealestate.com.au


Lets talk rural From the1st of January 2019, there have been 36 lifestyle and rural sales totalling $30,853,000. Interestingly 19 of the 36 (over 50%) lifestyle/rural properties sold within the last 3 months! This can be linked to a number of key factors; › Increased buyer competition and increased sales results in areas such as Northern Sydney, Central Coast, Lake Macquarie and Newcastle to name a few › Out-of-area buyers having more to spend on local property › Better access to lending and with increasing lifestyle/rural sales – bank valuations have better access to more accurate data helping them understand market value when assessing loan applications › More competition from out-of-area property seekers for local lifestyle/rural property which results in better sale prices Stone results: Area flyover - all agencies: › Total sales: 11 › Total sales: 19 › Sales total: $8,195,500 › Sales total: $15,323,50 Overall the lifestyle/rural market is demonstrating strong results which is usually a great indicator that the market locally is performing really well. (The above statistics are reported property sales via Realestate.com.au including the followingsuburbs; Cessnock, Kearsley, Ellalong, Paxton, Millfield, Congewai, Quorrobolong, Abermain,Weston, Kurri Kurri and Nulkaba)

Rental summary Overall there is strong demand for quality rental properties throughout Cessnock and the surrounding areas. In the past quarter our hard-working property management team have leased 64 properties!

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


Selling in Spring As the cold winter weather makes way for sunnier days, spring is a favourite time to take your property to market. But how do you make it stand out from the crowd? It may just be the sense of possibility that comes with the changing of the season, or excitement in the lead up to Christmas, but there’s something so appealing about selling a property in spring. A favourite time for vendors to sell, you’re likely to be faced with stiff competition. Here are five top tips for the spring selling season.

› First impressions: Whether it’s a lick of paint on your front door or some statement

pots either side of it, first impressions really do count. Never underestimate the power of street appeal and go that extra mile to make a great first impression on prospective buyers. Drag out the high-pressure hose on the driveway to remove oil stains, and trim bushes or hedges in your front garden.

› De-clutter: It isn’t called a spring clean for nothing. Sort methodically through your

home, room by room, discarding clutter as you go. Not only will your home look better during the sale period but you’ll have less to pack away when you’re moving out. If there are some things you just can’t live without, consider hiring some temporary storage to get it out of the house during the inspection period. It can pay to store a couple of larger, non-essential furniture items to make your home feel more spacious.

› Spring clean: While the light is very beautiful in spring, its brightness can emphasise less-than-clean surfaces. Polish your tap ware, remove cobwebs, wash your windows inside and out and dust your blinds. Take the time to polish your floors, mirrors and glass as clean reflective surfaces make a space feel larger.

› Accessorise: Whether you do it yourself or employ a professional, property staging

is a proven way to command a higher sale price. Replace old towels and throws with updated versions in on-trend hues, or rent furniture, accessories and artwork, to create a stylish feel inside that lures potential buyers.

› Repairs and maintenance: Whether it’s that tap that’s been leaking for the past couple

of months or some touch up work that’s needed on the paint front, now is the time to get onto repairs and maintenance around your home in anticipation of selling. Fresh paint works minor miracles on tired walls but fight the feature wall urge –neutral colours please most buyers. And let’s not forget the garden – remove weeds, mow and edge your lawn and make sure it’s kept adequately watered. Plant a few seasonal blooms for a pop of colour and add a sprinkling of fresh mulch to your garden beds for an instant lift.

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


$100 Spooktober Giveaway

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


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