Baulkham Hills Market Report | Summer 2019 1
We’re not sales people. We’re matchmakers. We introduce people to houses, until they find the one they love.
Welcome Throughout 2018 Australia’s love affair with real estate was certainly tested and it’s safe to say, no one was immune. Those ranging from first time home buyers to investors, to retirees downsizing, to developers and to your average mum and dad, property owners across the country were questioning their financial positions, crunching the numbers and for the first time in a long time, made significant monetary decisions. It’s still almost impossible to turn on the TV, log onto the Internet and tune into the radio and not be bombarded with negative dialogue about the state of the market and the contributing factors. The ongoing Royal Commission into Australia’s banking industry dramatically altered the mortgage lending standards, meaning most applicants could now only borrow around 70% of what they could 12 months ago, the reduction in approval of foreign investors, the Chinese crackdown on foreign investment and of course, the beginning of a large percentage of ‘interest only’ loans expiring, all provides much content for headline news. While it’s extremely valuable to be informed on these broader economic environments
and how they influence buyer sentiment, it’s equally important to acknowledge that each area is made up of ‘micro markets’ that have their own contributing factors which influence property prices, such as infrastructure change, zoning updates, school catchments, proximity to shopping precincts and transport, etc. In spite of this shift in the market, Ray White Castle Hill enjoyed a strong year, where demand for housing in the district continued. Yes, days on market in most cases was longer compared to the previous 12 months, and yes, numbers may have been down at auctions, however, the results we achieved, and continue to achieve, for our clients show what our team at Ray White Castle Hill already knew….buyers will always pay a premium for a great home in a great location. And the Hills District is just that! We are all fortunate to reside in a beautiful region of Sydney where opportunity is abundant. Along with the much anticipated Sydney Metro Northwest rail link (opening in 2019), residents enjoy a thriving café and restaurant culture that continues to grow, are spoilt for choice in shopping centres, have access to many community events and parklands, have a wonderful choice of reputable government and independent
schools, experience a low unemployment rate and overall, a wonderful community that is embracing a huge amount of change and growth with confidence and poise. As one of the market leaders in the area, this is what drives us each and every day and we love being a part of the process in helping others reach their property goals. Should we be able to assist you with your property needs throughout 2019 and beyond / or you simply wish to have chat about the market conditions in your specific area, contact your team of local Sales Executives at Ray White Castle Hill. We look forward to assisting you soon and wish you all the best for a prosperous 2019!
Philip Kelly and David Dowling Directors | Ray White Castle Hill
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BAULKHAM BAULKHAMHILLS HILLS- Recently - RecentlySold SoldProperties Properties
Recently Sold Properties
115 CORONATION RD
Median MedianSale SalePrice Price
115115 CORONATION CORONATION 115 CORONATION RDRD RD
6 PARK RD
Suburb SuburbGrowth Growth
6 PARK 6 PARK 6RD PARK RD RD
20 BROULA AVE
# #Sold SoldProperties Properties
20 20 BROULA BROULA 20 BROULA AVE AVE AVE
$1.17m $1.17m
-4.0% -4.0%
297 297
Based Based on 297 on 297 recorded recorded House House sales sales within within the the lastlast 12 months 12 months (Oct(Oct '17 -'17 Sep - Sep '18)'18)
Current Current Median Median Price: Price: $1,170,000 $1,170,000 Previous Previous Median Median Price: Price: $1,218,500 $1,218,500
Based Based on recorded on recorded House House sales sales within within the the 12 12 months months (Oct(Oct '17 -'17 Sep - Sep '18)'18)
Based Based on aon rolling a rolling 12 month 12 month period period and and maymay differdiffer fromfrom calendar calendar yearyear statistics statistics
Based Based on 655 onrecorded 655 recorded House House salessales compared compared over the overlast thetwo last two rollingrolling 12 month 12 month periods periods
Based Based on aon rolling a rolling 12 month 12 month period period and and maymay differdiffer fromfrom calendar calendar yearyear statistics statistics
$860,000
115 CORONATION RD 43beds | 2 baths | 2 cars 688 m² BAROSSA CRT
$960,000
6 PARK RD 4 beds | 2 baths | 3 car 765 m² 23 LINDSAY 23 LINDSAY ST ST
$1,018,888
20 BROULA AVE 4 beds | 2 bath | 2 car 1,019 m² 469469 WINDSOR WINDSOR RDRD
3 BAROSSA 3 BAROSSA 3 BAROSSA CRT CRT CRT
$1,270,000 3 BAROSSA CRT 5 beds | 3 baths | 2 cars 776 m²
$979,000 23 LINDSAY ST 3 beds | 1 bath | 2 car 696 m²
Source: pricefinder.com.au | Properties included may/may not be sold by Ray White 11 GORDONIA 11 GORDONIA GRGR
$1,065,000 469 WINDSOR RD 4 beds | 2 bath | 2 cars 1,028 m² 23 KIAH 23 KIAH PL PL
last 12 months (FinancialUnit Year 2018) Based on 167 recorded sales within the last 12 months (Octperiod '17 -and Sep '18) Based on a rolling 12Unit month may differ Based Based on on 167 167 recorded recorded Unit sales sales within within the the from year statistics last last 12 months 12 (Oct (Oct '17 '17 - period Sep - Sep '18) Based on amonths rolling 12calendar month and'18) may differ year statistics Basedfrom on acalendar rolling 12 month period and may differ from calendar year statistics Based Based on aon rolling a rolling 12 month 12 month period period andand maymay differ differ fromfrom calendar calendar yearyear statistics statistics
QUICK FACTS
11/17 -21 MERYLL AVE Suburb Growth 11/17 -21 MERYLL AVE 20/52 -54 OLD NORTHERN RD
HOUSE
-4%
20/52 20/52 -54-54 OLD OLD NORTHERN NORTHERN RDRD
Previous Median Price: $787,500 Previous Median Price: $830,000 Current Current Price: Price: $770,000 $770,000 Based onMedian 415Median recorded Unit sales compared over the last two rolling 12 month periods Previous Previous Median Median Price: $830,000 $830,000 Based on 415 recorded UnitPrice: sales compared over the last two
BAULKHAM HILLS - Rec
rolling 12 month periods Based on 398 recorded Unit sales compared over the last two rolling 12 month periods Based Based on 398 on recorded 398 recorded Unit Unit salessales compared compared over over the last the two last two rolling rolling 12 month 12 month periods periods
QUICK FACTS
8/21 JENNER ST # Sold Properties 8/21 JENNER ST 297 33 JACQUI CCT
UNIT
months (FinancialUnit Year 2018) Based on recorded sales within the 12 months (Oct '17period - Sepand '18) Based on a rolling 12 month may Based Based on on recorded recorded Unit Unit sales sales within within the the 12differ 12 from calendar year statistics (Oct '17 '17 - Sep - Sep '18) Basedmonths on months a rolling 12(Oct month period and'18) may differ year statistics Basedfrom on acalendar rolling 12 month period and may differ from calendar year statistics Based Based on aon rolling a rolling 12 month 12 month period period andand maymay differ differ fromfrom calendar calendar yearyear statistics statistics
15/3-9 AVE Suburb Growth # ARNDILL Sold Properties 15/3-9 ARNDILL AVE -7.2% 10/55-61 167OLD NORTHERN RD
Median Sale Price
33 33 JACQUI JACQUI CCT CCT
10/55-61 10/55-61 OLD OLD NORTHERN NORTHERN RDRD
$770k Based on 141 recorded Unit sales within the last 12 months (Oct '17 - Sep '18)
$715,000
$970,000
20/52 -54 OLD NORTHERN RD 10/3 THE COTTELL WAY bedsCOTTELL | 2 baths |WAY 2 cars 10/32THE 13/2A CROSS ST
332/27 JACQUI CCT COOK ST 3 beds | 2 baths 2/27 COOK ST | 2 cars
Based on a rolling 12 month period and may differ from calendar year statistics
Ba
$885,500
10/55-61 NORTHERN RD 89/1 OLD MERYLL AVE 3 beds |MERYLL 2 baths |AVE 2 cars 89/1 6/2 -8 HILL ST
27/78
$680,000
13/2A 13/2A CROSS CROSS STST
$680,000 $680,000
Nov $925,000 2018 17 Days 7,350 WAY m² 2 1 10/3 THE COTTELL Nov Nov 3 beds | 2 baths | 2 cars 2018 2018
17 Days 17 Days
7,3507,350 m² m²
2 2
1 1
1 1
$836,000 1
2/27 COOK ST 3 beds | 2 baths | 2 cars
Source: pricefinder.com.au | Properties included may/may not be sold by Ray White
11 RIDGEHAVEN PL
S
$740,000
20
22 D
6/2 - 8 HILL ST 3 beds | 2 baths | 2 cars 2/48-50 CHELSEA AVE 12/78 - 82 OLD NORTHERN RD
5
7/1A
Top 10 House Sales Address
Sold date
Land size
Price
1
22
RAILWAY ST
21/8/18
696m2
$1,725,000
2
27
LUKES LANE
12/9/18
1024m2
$1,700,000
3
7
EDGAR ST
27/10/18
725m2
$1,641,000
4
8
HILDEGARD PL
28/9/18
907m2
$1,460,000
5
60
APPIAN CCT
21/9/18
824m2
$1,420,000
6
155
OLD NORTHERN RD
8/8/18
1088m2
$1,400,000
7
44
BUCKINGHAM RD
18/9/18
1226m2
$1,370,000
8
20
KAREN CRT
18/8/18
702m2
$1,350,000
9
12
BATAVIA PL
1/9/18
771m2
$1,349,000
10
7
WYNDHAM PL
26/8/18
986m2
$1,335,000
Properties included may/may not be sold by Ray White
Top 10 Unit Sales Address
Sold date
Price
1
8/21
JENNER ST
19/8/18
$960,000
2
9/9
OAKLAND AVE
29/8/18
$930,000
3
1/25
JENNER ST
1/8/18
$928,000
4
10/55
OLD NORTHERN RD
10/11/18
$885,500
5
6/27
COOK ST
3/10/18
$868,500
6
7/44
MERYLL AVE
24/8/18
$867,500
7
2/27
COOK ST
10/8/18
$836,000
8
8/18
PEARCE ST
8/8/18
$825,000
9
10/3
THE COTTELL WAY
17/10/18
$820,000
10
18/3
THE COTTELL WAY
10/10/18
$820,000
Properties included may/may not be sold by Ray White
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Quick Tips on how to Prepare your Home for Sale We’ve listed some simple tips that can assist in maximising the sale price when selling your home. The more effortless a home looks, the more marketable a property will be and thus be more appealing to the greatest number of prospective buyers. Your property should impersonal enough not to infringe on a buyer’s own sense of style, but clean and decorated enough to allow buyers to imagine themselves in each space without too much effort required.
MAINTENANCE The rule of thumb is – if something needs repairing- fix it! Check for peeling paint, chipped corners and loose wallpaper. CLEANING Every area of the house must sparkle and shine! Each hour spent will be worth the effort. Make it easy for the buyer to want your house. THE FRONT ENTRY Whether a graciously proportioned centre hall or a small foyer just large enough for a coat rack and tiny table, this part of your house deserves your particular attention.
STAGING The use of a brightly coloured pillow on a chair or a throw blanket on a sofa can add dimension to an otherwise neutral room. Fresh flowers and creating a sanctuary in the bathroom help create a sense of luxury.
NEUTRALISING Be cautious about selecting colours when painting the interior walls or replacing the carpet. Your objective is to make your house appeal to the largest possible buying segment.
SPACE MANAGEMENT Create the illusion of more space and consider removing some furniture from any room that may seem over crowded. If necessary, put large items in storage.
ATMOSPHERE A clean smelling house creates a positive image in the buyer’s mind. Be aware of any odours from cooking, cigarette smoke, pets etc. These may have adverse effects on potential buyers.
Median House Prices $1,300,000
60 55 50
$1,250,000
45 40
$1,200,000
35 $1,150,000
30
20 15
$1,050,000
10 5 0 NOV
OCT
SEP
AUG
JULY
JUN
MAY
APR
MAR
FEB
JAN 2018
$1,000,000
NUMBER OF SALES
$1,100,000
DEC
MEDIAN SALE PRICE
25
MONTH
Number of sales
Median sale price
9
Recent Activity Sales by Price - Past 12 months House
Unit
0-$200K
1
1
0%
$200K-$300K
2
1
0%
Past 12 Months
1
0%
1
0%
461 Sales
$300K-$400K
1
$400K-$500K
1
$500K-$600K
2
15
17
$600K-$700K
1
25
26
$700K-$800K
1
38
39
$800K-$900K
16
30
46
$900K-$1M
35
20
55
$1M-$1.25M
142
5
147
$1.25M-$1.5M
64
2
66
$1.5M-$1.75M
16
1
17
$1.75M-$2M
3
1
4
$2M-$2.5M
2
>$3M
7
2 1
8
3% 5% 8% 9%
$1M-$1.25M
12% 33% 15% 4% 1% 0% 2%
147 Sales
Your Local Team
Philip Kelly 0407 000 991
Daniel Llamas 0421 908 736
Odette Roach 9680 2255
Kael Sharp 0435 821 736
Karl Anthony 0457 120 174
Margarete Kwarcinski 9680 2255
Sylvester Wijaya 02 9680 2255
Kieron Stedman 0433 124 734
Matthew Langdon 0431 037 478
Paul Conti 0414 981 005
Robbie Awad 0428 888 648
Hilda Bandiera 9680 2255
Yong Park 0402 486 424
Phil Haq 0452 054 290
Joel Simpson 0450 907 598
Peter Iann 0488 002 222
Brendan Wein 0431 618 086
Tony Yee 02 9680 2255
Warren Tam 0412 067 934
Joseph Meyer 0417 675 741
David Xiao 0433 009 018
Siobhan Robinson 9680 2255
Michael Karanicolas 0411 062 888
Brendan Jackson 0404 088 783
Hannah Dowling 9680 2255
Stella Zhang 0452 557 858
Kimberley Hatchett 9680 2255
Jayden Potten 0402 604 828
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Ray White Castle Hill 287C Old Northern Road, Castle Hill NSW 2154 T 02 9680 2255 W raywhitecastlehill.com.au  Follow us on Facebook facebook.com/raywhitecastlehill
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