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