While property markets in the major cities have shown a significant drop in sale prices and activity recently, Cessnock and the Upper Hunter remains in relatively good shape. James Harvey, director of Sternbeck's Real Estate in Cessnock, says while there's been some impact in recent weeks in the region, last weekend's election results should help provide some surety in the market, particularly for investors.
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"While we've seen little of the slowdown here in Cessnock, the recent election result will mean some good news for the overall market and here locally too," Mr Harvey said.
"With touted changes to negative gearing having been avoided, investors will no doubt begin to gain in confidence. For the large part that's everyday people; mums and dads who might invest in a rental property or two - it's certainly not the 'big end of town' in most instances.
"Ensuring that those investors can continue to buy property, receive potential tax benefits and make that property available for tenants is a good thing. If incentives to invest are taken away, the burden for the provision of 'housing' weighs heavily on government shoulders".
"The First Home Loan Deposit Scheme being implemented by the Morrison government will provide a much needed boost to the property industry. It will bring home ownership back into conversation for many young people,"
"There is a genuine need to provide first home buyers with assistance so in that respect it's a good thing."
He is pragmatic, practical and refreshingly genuine.
"People move, up-size, down-size move in, move out, it's all part of regular family life and it's those exact people we look after here at Sternbeck's. We are very much part of the community and see our role as taking care of our community when they have a need to buy or sell."
"When someone makes the decision to sell their home they need comprehensive, accurate information so that they can make considered decisions to secure the best possible sale price. Being the most experienced and longest serving real estate agency in our area, we certainly understand how to help clients do that."