Stone Property News Qr3 2020 List in Spring and win! Big money giveaway We are thanking our clients who list with us in Spring
$250: For every client that list and sells with Stone Real Estate Hunter Valley $500: Go into the running to win when you book an appraisal.
$5000
Go in the draw to win
when your property is SOLD
For more information contact Stone Real Estate 4089 1122 List between 1st September - 30th November to win! *Terms and conditions are posted on the Stone Newcastle/Hunter Valley/Toukley/Long Jetty Facebook page
The market in the Hunter & Newcastle Region is HOT, HOT, HOT! There is no doubt that there has been growth in dwelling prices across the Hunter Region due to alltime low stock levels, record low interest rates and strong buyer demand. Some of the highest performing areas are within both the Maitland & Cessnock local government areas. Suburbs performing extremely well around the Maitland hub include Aberglasslyn, Rutherford, Chisholm and Thornton to name a few. With the growing new township of Huntlee, areas like Greta, Branxton, Lochinvar and North Rothbury will all benefit from being extremely close to all necessary amenities while offering a more rural lifestyle and being located just 20 minutes to Maitland’s & Greenhills Shopping Centre. We are extremely proud to announce that our Principal David Tanchevski has officially become the only quad-office owner within the Stone Real Estate Franchise with the new release of the Stone Toukley/Long Jetty office. David has now secured 2 offices in the Hunter Valley, 1 in Newcastle and the last on the Central Coast. With this is mind, we are breaking down each local area with a careful analysis into some of the best performing suburbs. I hope you find this information useful and as always, if you’re thinking of selling, buying, renting or leasing – we’d love to assist you.
Matt Clarkson 0456 791 524 mattclarkson@stonerealestate.com.au Matt Clarkson | 0456 791 524 mattclarkson.com.au
Stone Hunter Hunter Valley Valley Stone 1A Cooper Cooper Street, Street, Cessnock Cessnock 1A stonerealestate.com.au stonerealestate.com.au
Market trends with Stone
!!HUGE ANNOUNCEMENT!!
The Australian government has announced it will wind back responsible lending laws, making it easier to access credit:
› The federal government is loosening credit restrictions in an attempt to encourage lending. › On Friday Treasurer Josh Frydenberg announced the responsible lending laws would be would back, having become “an overly prescriptive, complex, costly, one-size-fits-all regime”.
› There is some anxiety over the consequences of encouraging greater lending during a recession. In an effort to kickstart the economy, the Morrison government will axe responsible lending laws to make it easier to get a loan. In recent years, the guidelines have been expanded so that banks can ask potential borrowers to give up things like Netflix subscriptions and private schools to get a loan. Users of buy now, pay later platforms, and food delivery services can also be penalised. It’s caused some grief between banks and regulators. The so-called Wagyu and Shiraz ruling, made in an ill-fated case brought against Westpac by ASIC, decided that ultimately Australians should be allowed to borrow and cut their spending as required. In other words, not have their loan rejected because banks didn’t like some of their discretionary spending. More information can be found at: https://www.msn.com/en-au/money/savingandinvesting/ the-australian-government-has-announced-it-will-wind-back-responsible-lending-lawsmaking-it-easier-to-access-credit/ar-BB19oFv1
Quarterly sales results Total Sales
Avg Sale Price 2020
Avg Sale Price 2019
Change In Avg Sale Price
Aberglasslyn
35
$506,940
$433,277
17%
Rutherford
62
$471,017
$393,790
19%
Thornton
44
$543,015
$491,035 10.6%
Chisholm
27
$696,407
$629,869 10.6%
Matt Clarkson | 0456 791 524 Stone Hunter Valley 1A Cooper Street, Cessnock stonerealestate.com.au
Quarterly sales results Total Sales
Avg Sale Price 2020
Avg Sale Change In Avg Sale Price Price 2019
Greta
17
$416,176 $396,357
6.6%
Branxton
15
$588,973 $449,333 31.01%
North Rothbury
10
$528,100 $502,272 5.14%
Quarterly sales results Total Sales
Avg Sale Price 2020
Avg Sale Change In Avg Sale Price Price 2019
Cessnock
77
$429,312 $416,934
Bellbird
9
$453,777 $369,407 22.84%
Nulkaba
2
$718,500 $523,750 37.23%
Aberdare
14
$361,357 $329,115
Kearsley
4
$683,750 $317,111 115.62%
Kurri Kurri
30
$415,500 $369,384 12.48%
Matt Clarkson | 0456 791 524 Stone Hunter Valley 1A Cooper Street, Cessnock stonerealestate.com.au
3%
9.8%
Stone Hunter Valley quarterly sales results Stone Hunter Valley
Total Sales
Average Sale Price
Volume
July
14
$370,714
$5,190,000
August
22
$540,136 $11,883,000
September
18
$489,611
$8,813,000
A selection of our recent sales JUST SOLD
SOLD OFF-MARKET
27 Richard Road, Rutherford - $440,000
19 Corvina Circuit, Cliftleigh - $480,000
JUST SOLD
92 McKeachie Drive, Aberglasslyn - $675,000
16 Ravensfield Lane, Bishops Bridge - $887,000
JUST SOLD
160 Green Lane, Lovedale- 1,900,000+
JUST SOLD
59 Edward Street, Kurri Kurri
JUST SOLD
JUST SOLD
Matt Clarkson | 0456 791 524 Stone Hunter Valley 1A Cooper Street, Cessnock stonerealestate.com.au
JUST SOLD
78 Ellalong Street, Kearsley - $800,000
6 Greta Street, Aberdare - $518,000
5 Starling Street, Aberglasslyn - $455,000
JUST SOLD
JUST SOLD
28 Tempranillo Crescent, Cessnock
JUST SOLD
8 Rawson Street, Kurri Kurri - $415,000
JUST SOLD
3 Blacks Road, Paxton - $482,000
Stone Newcastle / Lake Macquarie quarterly sales results Stone Newcastle / Lake macquarie
Total Sales
July
19
August
6
$738,000
$4,428,000
September
18
$495,333
$8,916,000
Average Sale Price
Volume
$1,114,657 $21,178,500
A selection of our recent sales JUST SOLD
20/41 Walter Street, Belmont - $1,350,000
JUST SOLD
106 Seaham Street, Holmesville - $610,000
JUST SOLD
69 Portland Drive, Cameron Park - $615,000
Matt Clarkson | 0456 791 524 Stone Hunter Valley 1A Cooper Street, Cessnock stonerealestate.com.au
30 Seventh Street, North Lambton - $670,000
JUST SOLD
18 Ian Street, Eleebana - $900,000
JUST SOLD
288 Newcastle Road, North Lambton - $690,000
JUST SOLD
JUST SOLD
8 Woodley Street, Eleebana - $860,000
JUST SOLD
7 Equidae Close, Eleebana - $840,000
JUST SOLD
12 Biyung Street, Fletcher - $685,000
For sale: Hunter Valley FOR SALE
10 Lavender Street, Gillieston Heights - $465,000
FOR SALE
8 Concord Circuit Cliftleigh - Contact agent
FOR SALE
29 Adams Street, Heddon Greta - $409,000 - $425,000
636 Lovedale Road, Lovedale - $2,450,000 - $2,650,000
FOR SALE
79 Ferguson Street, Cessnock - $540,000 - $570,000
FOR SALE
4 Rutidosis Close, Paxton - $460,000 - $485,000
FOR SALE
FOR SALE
43a Daniel Street, Cessnock - $410,000 - $440,000
FOR SALE
10 Flemming Street, Thornton - $620,000
FOR SALE
88 Maitland Street, Kurri Kurri - Auction
For sale: Newcastle / Lake Macquarie FOR SALE
10A Isla Street, Raworth - $495,000
FOR SALE
180 Main Road, Cardiff - $525,000 - $575,000
FOR SALE
74 Seaview Close, Eleebana - $850,000 - $900,000
Matt Clarkson | 0456 791 524 Stone Hunter Valley 1A Cooper Street, Cessnock stonerealestate.com.au
FOR SALE
143 Glad Gunson Drive, Eleebana - $850,000 - $880,000
FOR SALE
25B Hawkins Street, Rutherford - $435,000
FOR SALE
18a Union Street, Tighes Hill - $1,385,000
What my clients have to say Sale of property Matt demonstrated a sound understanding of the market, he presented information very professionally and achieved our expectations. Matt was always up front and straight to the point, which was very appreciated. Phil & Heidi – Vendor on the 17th October, 2020
A pleasure to work with Matt Matt has great people skills, and he is very honest and professional. It has been a pleasure to deal with this fine young man. Phil & Grace – Vendor on the 19th September, 2020
Seamless experience We found Mathew has finger on the pulse of the real estate business and came across as a keen professional with loads of enthusiasm and personality. What surprised me was the amount of potential buyers on his database and the reason for the fast sale of our property. It sold off market for more money than we expected! The whole experience was seamless and wouldn’t hesitate to recommend Mathew to anyone who wants to sell quick and for more. Kelly – Vendor on the 21st September, 2020
Amazing and professional Matt is professional and very knowledgeable of both local and broader market trends. Matt provides realistic information so you can make the most informative decisions. Matt’s attention to detail is second to none. If you want to sell your property stress free choose Matt Clarkson at stone Real Estate. Brilliant and job well done Matt. Thank you Karl & Julie – Vendor on the 3rd September, 2020 Matt Clarkson | 0456 791 524 Stone Hunter Valley 1A Cooper Street, Cessnock stonerealestate.com.au
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Matt Clarkson | 0456 791 524 Stone Hunter Valley 1A Cooper Street, Cessnock stonerealestate.com.au