Buying a property involves a lot of research, as well as an in-depth understand of the location you’re looking for. It also takes time! Which is why husband and wife, Niall and Kenna, came to us – to assist them in the purchase of their first property.
Niall is a local ear, throat and nose doctor and the couple run their own business. They also have three kids and are a very busy family!
The most significant element when Niall and Kenna were briefing us was that they weren’t tied to one specific suburb in Newcastle – they were looking for the right house to suit their family.
From our perspective that’s great, because it means we can find them something more valuable as we have a wider range of areas to look.
But, as Kenna admits, they did have some very specific requirements for their ‘perfect’ home.
“As a family we had discussed what we did and didn’t want and then communicated that with Kylie and the team,” Kenna said. “As the research process progressed that list become even more specific and I worried that we were going to have to compromise at some point.”
Our Buyer’s Agent, Kylie Frearson, spent a lot of time with the couple, to learn what was important to them and their family (including three kids) when looking for a home. Some of the key areas that came up revolved around lifestyle – so ensuring there were beaches nearby, sporting facilities, shops, good schools etc.
As an experienced property buyer, Kylie knows all suburbs in Newcastle inside and out and is passionate about the hidden beauty of many suburbs. Ultimately, she whittled down a list to a few promising properties, with the couple zeroing in on a two-storey property in Dudley.
“We got really excited when Kylie showed us this property – amazingly it ticked all the boxes! So we decided this was the property we wanted.”
In addition to research of potential properties, Property Solutions 101 also provided assistance with the purchase of their property. This property went to auction, which Kylie attended on behalf of Kenna and Niall.
The property was passed in, with Kylie choosing to stop bidding, as she and the client had a purchase strategy that they stuck to.
After the auction Kylie kept in communication with the real estate agent and was able to purchase Niall and Kenna’s dream house – at the right time and for the right price!
“Looking back on the process I now completely understand the value of a Buyer’s Agent. If we didn’t have Kylie acting on our behalf, we would have spent much more than we needed to at the auction – in fact we may never have found this property at all. We were so passionate about this house, but Kylie kept a level head and provided us with her advice, which we’re really glad we took!”
“We are so happy with the process and the outcome and we would definitely use the team again and would recommend them to anyone looking to buy a property. We’re thrilled with our new home!”
Give us a call to learn how research and auction strategies can have a positive financial outcome for your property purchase.
Suburb | Dudley
- 5 bedroom
- 3 bathroom
- 2 car parks
- Built in Robes
- Air Con
- In round pool
- Gas heating
- Ducted Cooling and Heating
- Sold for $1,870,000
Property images sourced from PRD Nationwide Newcastle & Lake Macquarie
Dudley is a southern coastal suburb of Newcastle, 13 kilometres southwest of Newcastle’s central business district. Dudley is a sought-after area for its proximity to the beach, excellent schools and relaxed coastal, community feel. It abuts Glenrock State recreation Area which is popular with hikers and bike riders.
Dudley is approximately 5.5 square kilometres. It has 10 parks covering nearly 62% of total area. The population of Dudley in 2011 was 2,266 people. By 2016 the population was 2,424 showing a population growth of 7.0% in the area during that time. The predominant age group in Dudley is 40-49 years. Households in Dudley are primarily couples with children and are likely to be repaying $1800 – $2399 per month on mortgage repayments. In general, people in Dudley work in a professional occupation. In 2011, 81.9% of the homes in Dudley were owner-occupied compared with 83% in 2016.
Currently the median sales price of houses in the area is $1,387,500
Houses in Dudley rent out for an average of $650 PW with an annual rental yield of 3.0%.
Based on five years of sales, Dudley has seen a compound growth rate of 29.7% for houses.
Contact Property Solutions 101. Discuss your Newcastle commercial and residential property management and buyer’s agent needs.