| Realestate.com.au’s (REA) mid-year report is in. Houses in NSW sold fastest in two local suburbs: Beresfield tied for first with a median of 18 days on market over the last 6 months, while Cardiff South tied for third, with a median of 19 days on market.  Nationally, the median days on market were 37 for houses and 35 for units. In early June, REA reported Newcastle as leading the nation for house price growth. “The Newcastle and Lake Macquarie region was the standout in the past three months, with its 3.6% house-price growth making it the strongest-performing region in Australia on a quarterly basis” (REA, 5 Jun). New listings lifted in June across local LGAs (Newcastle: 235 → 262, Lake Macquarie: 267 → 321, Maitland: 162 → 164, and Port Stephens 107 → 117). In keeping with seasonal trends, sold listings decreased in June across all four local LGAs. *Local data sourced from realestate.com.au |
MONTHLY HIGHLIGHTS
| • Sold in 8 days! 71 Clarence St, Glendale, sold for $818,000. – Offers from 3 parties. • Offers from 4 parties for 20/75 Union St, Cooks Hill – Sold for $675,000 in 32 days – Originally purchased for $390,000 in 2013. Over a holding time of 12 years, the annual growth for this property was 4.65% (Domain Building Profile). |
CONGRATULATIONS, SCOTT!
 Scott Hingston ran 1,100 km from Melbourne to Newcastle in just 12 days. That’s daily double marathons and then some. Scott’s journey wasn’t just about endurance. He has raised over $135,000 for the Mark Hughes Foundation, funding vital brain cancer research and supporting patients and their families. Watch on Insta  The Green St team met Scott at the finish line at Blue Door in Merewether. He looked surprisingly fresh, proving his heart is just as strong as it is big. Proud of you, mate. |