Stone Property News. Featuring Cessnock, Bellbird, Bellbird Heights and Nulkaba.
NEW LISTING
120 Mathieson Street, Bellbird Welcome to the 12th edition of Stone Property News for the Cessnock, Nulkaba and Bellbird areas. In this issue we are providing information on the new first home buyers scheme. With the recent resurgence in the Sydney market starting to filter through to our market, recent rate drops and the first home buyers scheme starting up we have had the busiest start to the year in quite a few years with plenty of buyers out and about. Investors and first home buyers are making up a good percentage of the buyers looking. If you are considering selling, now is certainly a great time as buyers are again starting to compete for properties. If you are buying I would certainly suggest getting into the market now as buyer competition always lifts prices. Also as outlined in the information page on the first home buyers scheme on page 2, it is restricted to the first 10,000 successful applicants.
Michael Hurley 0491 012 003 @michaelhurleystonerealestate
Stone Hunter Valley 1A Cooper Street, Cessnock stonerealestate.com.au
First home loan deposit scheme This scheme allows first home buyers to get a home loan sooner because you only have to save a smaller deposit. 5% deposit home loans already exist, but you need to pay LMI (Lenders Morgage Insurance) when borrowing more than 80% of a property’s value. With the first home loan deposit scheme you save time, because you can save a 5% deposit in a quarter of the time it would take to save 20%. You also avoid the LMI premiums, which can cost thousands of dollars. Key Points: › If you’ve saved 5% of the purchase price of your property the government can guarantee the remaining 15% of the deposit. › Access to the scheme is limited to 10,000 borrowers. › You need to borrow the remaining 95%, but you can avoid LMI. › Your mortgage needs to be an owner-occupied loan with principal-and-interest repayments. › Eligible first home buyers can’t be earning more than $125,000 a year ($200,000 combined for couples). › The value of eligible homes under the scheme varies by state and city/region (NSW upto $700,000 for Capital city/regional centre* or $450,000 for the rest of the state.)
*A regional centre is defined as a city with a population above 250,000, such as Newcastle, Wollongong or Geelong. Michael Hurley | 0491 012 003 Stone Hunter Valley 1A Cooper Street, Cessnock stonerealestate.com.au
New listing JUST LISTED
120 Mathieson Street, Bellbird Heights - $375,000 - $395,000
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Fresh family entertainer Built for traditional family comfort and holding a corner block position in popular Bellbird Heights, this beautifully presented home offers an abundance of highlights both inside and out. Recently updated for fresh modern living, this is a feel-good property with plenty of space for easy entertaining poolside or in the fabulous man-cave garage conversion.
› Connected living, dining and kitchen finished in a current colour scheme › Renovated kitchen with gas oven, dishwasher and smart grey and white tones › Three generous bedrooms, split-system air-conditioning and built-in to master › Gorgeous main bathroom with marble-style finish and claw-foot bathtub › Polished floorboards, ceiling fans, sun-splashed interiors, elevated views › Lock-up garage with man-cave conversion + bar connects to the second bathroom › Level low-maintenance corner block, inground pool, poolside cabana + shade sail › Well located in popular Bellbird Heights › 5-minute drive to the vibrant shopping and service centre of Cessnock Michael Hurley | 0491 012 003 Stone Hunter Valley 1A Cooper Street, Cessnock stonerealestate.com.au
Current listing FOR SALE
44 Maclean Street, Cessnock - $390,000 - $410,000
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Well appointed home, double corner block, great location Blending extensive family and investor appeal with a highly convenient location, this is an ideal opportunity to secure a rock-solid home with all the creature comforts. Positioned on two level corner blocks totalling an impressive 1,135 sqm, its generous 3-bedroom layout sets the scene for an easycare lifestyle while outdoors serves up a terrific yard for children and pets.
› Single-storey living on a laser-level block with oversized double garage + carport › Dual living areas, one with surround sound speakers, separate dining space and security system › Modernised, gas-appointed kitchen featuring a s/s oven and dishwasher › Three good-sized bedrooms, two with built-ins, refreshed bathroom with separate w/c › Gas heating and ducted air-conditioning keep the home comfortable year-round › Walk-in linen cupboard, instantaneous gas hot water system, 2.7m high ceilings › Lovely front verandah, fenced yard with cubby house, quiet streetscape › Located just 2kms from the city centre and 1km from Mount View High School Michael Hurley | 0491 012 003 Stone Hunter Valley 1A Cooper Street, Cessnock stonerealestate.com.au
Current listing UNDER OFFER
27 Leonard Street, Cessnock - $495,000 - $540,000
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Substantial family home on park-like grounds Set in a prized cul-de-sac and bordered by the golf course, this much-loved home delivers a family sanctuary of style, space and quality. It perfectly caters for the requirements of growing families, with three living zones, four bedrooms and a private entertaining area overlooking landscaped grounds and fruit-bearing trees, all just minutes from Cessnock’s CBD.
› Quality built brick and colorbond home with generous family layout › A collection of living areas support both togetherness and privacy › Spacious kitchen with dishwasher, breakfast seating and good storage › Four double bedrooms inclusive of a full master with WIR and ensuite › Ducted air-conditioning/vacuum plus security system are welcome extras › Large garden shed and workshop, ideal for active gardeners or the handyman › Sprawling private yard bound to entice you outdoors; lock-up double garage › 2km to town 2.5km to local high school, 6km to the heart of the vineyards Michael Hurley | 0491 012 003 Stone Hunter Valley 1A Cooper Street, Cessnock stonerealestate.com.au
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Current listing FOR SALE
266 Vincent Street, Cessnock - $429,000
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Just sold JUST SOLD
1 Ruby Street, Bellbird - $380,000
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Very satisfied - 06 Feb 2020 Very satisfied Michael was helpful and kept us informed every step along the way, I would recommend Michael to anyone wanting to sell their property. Michael Hurley | 0491 012 003 Stone Hunter Valley 1A Cooper Street, Cessnock stonerealestate.com.au
Just sold SOLD AT FIRST OPEN HOME
63 Ferguson Street, Cessnock - $300,000
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Takes the pain out of selling! - 01 Feb 2020 It was a pleasure to deal with Michael from the start, and his knowledge of the market was reassuring and spot on. He gave great guidance throughout the process and took the stress out of it all. His calming and friendly manner made sure there was a great outcome for everyone, and I’d recommend him to anyone looking for a quick and pain free sale.
Days on Market 20
Enquiries 11
Open Homes 2 | Attendees:16
Viewed by Appointment 13
Offers 2
JUST SOLD
11 Bridge Street, Cessnock - $335,000
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Selling of a family property - 10 Feb 2020 Michael was very professional in assisting to sell a recent family property. He sold the house in the estimated time frame and we were overall quite happy with the experience. Michael Hurley | 0491 012 003 Stone Hunter Valley 1A Cooper Street, Cessnock stonerealestate.com.au
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Michael Hurley | 0491 012 003 Stone Hunter Valley 1A Cooper Street, Cessnock stonerealestate.com.au