When Brooke and Jonathan made the decision to begin the search for their new family home, they knew exactly what they wanted and where: a character home in the inner-Newcastle suburb of Cooks Hill.
Hailing from Sydney, the pair had very little understanding of the Newcastle property market and were considering getting professional help. By chance, they happened to run into one of our Buyer’s Agents while at an Open for Inspection.
“We liked the matter-of-fact, down-to-earth approach of the team,” Brooke said. “It was clear they knew the local agents and market well, so it seemed like a no-brainer.”
It was a perfect case of right place, right time! Armed with the knowledge that Brooke and Jonathan’s ideal location was Cooks Hill, the Property Solutions 101 team was able to quickly follow the path to finding the ideal home for this young family.
“We jumped in the car with the team and they drove us around, giving us information on the different areas and getting us access to view properties, even before some of them went on the market.”
“We were confident that Property Solutions 101 understood our needs,” Brooke said. “We gave them a pretty clear brief, through the form and via conversations and the initial drive-around.”
“The whole team got involved and helped find us the property, gain access to inspections and kept us updated along the way.”
Before long, our team had found the property they were after and it was then time for us to do what we do best – work hard on behalf of our clients and secure the property at a fair price. Brooke and Jonathan were advised to give us their offer, and then it was over to us to negotiate.
“We ended up securing our property for a price we were really comfortable with!” Brooke said. “The relationship Property Solutions 101 had with the agent, and their ability to negotiate, meant that we won the property at the end of the day.”
“That’s where you can’t quantify the investment in using a buyer’s agent – without the help of the Property Solutions 101 team we wouldn’t have secured the property, or if we did negotiate ourselves, we would have ended up paying thousands more.”
Brooke and Jonathan remain living in Sydney for the time being, with their dream home currently tenanted and plans to move permanently to Newcastle at the end of this year. (We are also pleased to be helping them with their property management needs)
“We are so excited! The location couldn’t be more perfect – a short stroll to the beach, and easy access to all the bustle of Darby Street – and we just love the characterful property,” Brooke said.
“We had an outstanding experience with the buying team at Property Solutions 101.”
Get in touch to see how a property Buyer’s Agent, who know the Newcastle area, can help you.
• 2 bedroom
• 1 bathroom
• 1 car park
• Sold for $975,000
Property images and floorplan sourced from PRD Nationwide Newcastle & Lake Macquarie
Cooks Hill is a fashionable, quirky inner-city suburb of Newcastle. It is typified by its tree lined streets, rows of Victorian terrace housing, turn of the century timber cottages and corner pubs. It is very popular with young people due to its excellent shopping and eating strip, proximity to the city and Newcastle’s cultural hub.
Cooks Hill is approximately 0.7 square kilometres. It has 4 parks covering nearly 3.3% of total area. The population of Cooks Hill in 2016 was 3,606. The predominant age group in Cooks Hill is 20-29 years. Households in Cooks Hill are primarily childless couples and are likely to be repaying $1800 – $2399 per month on mortgage repayments. In general, people in Cooks Hill work in a professional occupation. In 2011, 44% of the homes in Cooks Hill were owner-occupied compared with 41.3% in 2016.
Currently the median sales price of houses in the area is $1,327,500.
Houses in Cooks Hill rent out for $650 PW with an annual rental yield of 2.7% and units rent for $520 PW with a rental yield of 3.7%.
Based on five years of sales, Cooks Hill has seen a compound growth rate of 10.6% for houses and 25.5% for units.
Contact Property Solutions 101. Discuss your Newcastle commercial and residential property management and buyer’s agent needs.