Baulkham Hills | Market Report March 2019

Baulkham Hills Market Report | Autumn 2019 1

We’re not sales people.

We’re matchmakers.

We introduce people to houses, until they find the one they love.

Welcome 2019 is now in full swing and already is shaping up to be a very interesting year in the property and finance market. Throughout 2018 the property pendulum swung back and forth, resulting in most areas around the country, levelling off and shifting into what can only be best described as a ‘post-boom’ status. What is pleasing however, is that the so-called ‘bursting of the bubble’ that so many predicted did not occur and as we near the end of the first quarter, both seller and buyer sentiment is steady and thus, demonstrating confidence in the market.

What is becoming extremely clear in this current climate though is the skill of agent - their tenacity, their drive, their financial aptitude, their ability to negotiate, their effort, their adaptability, their compassion and of course, their capacity to remain focused.

Blocking out the noise from the media and focusing on key property fundamentals has certainly been crucial to the success of our agency. When the ‘doom and gloom’ headlines about declining auction clearance rates were rife, Ray White Castle Hill was, and still is, experiencing on average an 84% auction clearance rate! We’re also really proud to share that our first of the year ‘in-room’

auctions held late January at Castle Hill RSL saw 9 out of 11 properties sold in one night.

It was a testament to our highly educated and professional team who continuously deliver superior campaigns for their clients and ultimately, assist them in reaching property goals.

As we continue to organically grow our market share in our home suburb, we are constantly striving to deliver an exceptional experience for all who engage with us. In doing so, we have identified a growing desire of buyers not only looking to purchase locally, but to also invest in ‘out of town’ areas where rental yields may be more favourable. In order to nurture this need, Ray White Castle Hill is offering a no obligation appointment with our Head of Investments, who can advise and assist you in your wealth creation through property and financial solutions. If you would like to know more, simply email your name and contact phone number to: castlehill. solutions@raywhite.com. In the coming weeks, we will also have a page on our website dedicated to this new service, so be sure to check in regularly.

We look forward to assisting you throughout 2019 and welcome your enquiries, be it selling, buying, renting, leasing or investing.

Our office is open Monday – Saturday, 9am5pm and can be phoned on 02 9680 2255.

Philip Kelly and David Dowling Directors | Ray White Castle Hill

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Based on 235 recorded House sales within Based on recorded House sales within the 12 Previous Median Price: $1,220,000 the last 12 months (2018) months (2018) Current Current Median Current Median Price: Median Price: $1,145,000 Price: $1,145,000 $1,145,000 Based on 235 on on 235 recorded recorded sales House within sales sales within Based Based on Based recorded on on House recorded House sales House within sales sales within the within 12differ the 12 the 12 BasedBased on Based aBased rolling onrecorded a235 12 rolling month 12House period monthHouse and period may and differ may differwithin Based onBased Based on Based a rolling onrecorded a12 rolling month 12period month and period may and differ may 592 recorded on 592 recorded House sales House compared sales compared over the last overtwo the last two Previous Previous Median Previous Median Price: Median Price: $1,220,000 Price: $1,220,000 $1,220,000 rolling 12rolling month 12 periods month periods the last the 12 last the months last 12 statistics months 12 (2018) months (2018) (2018) months months (2018) months (2018) (2018) from calendar from year statistics from calendar from year statistics statistics Based on acalendar rolling 12year month period and may differ Based on acalendar rolling 12year month period and may differ Based on 592 recorded House sales compared over the last two from calendar year statistics

from calendar year statistics

rolling 12 month periods

Recently Sold Properties

Based on Based a rolling Based on a12 on rolling month a rolling 12period month 12 month and period may period and differ may and may differdiffer from calendar from from calendar year calendar statistics year year statistics statistics

Based onBased 592 recorded Based on 592onrecorded House 592 recorded sales House compared House sales sales compared overcompared the last overtwo the over last thetwo last two rolling 12rolling month rolling 12 periods month 12 month periods periods

Based on Based a rolling Based on a12 on rolling month a rolling 12period month 12 month and period may period and differ may and may differdiffer from calendar from from calendar year calendar statistics year year statistics statistics

106 SEVEN 106 SEVEN HILLSHILLS RD RD 106 SEVEN HILLS RD

8 PURRI 8 PURRI AVE AVE 8 PURRI AVE

48 CRESTWOOD 48 CRESTWOOD DR DR 48 CRESTWOOD DR

106 SEVEN 106106 SEVEN HILLS SEVEN HILLS RDHILLS RD RD

8 PURRI 8 PURRI 8AVE PURRI AVEAVE

48 CRESTWOOD 48 CRESTWOOD 48 CRESTWOOD DR DR DR

$1,121,000

$830,000

$1,071,500

106 SEVEN HILLS RD 4 MULLANE 4 MULLANE AVE AVE | 2 cars 900 m² 5 beds | 2 baths 4 MULLANE AVE

8 PURRI AVE 3166 beds | 2 NORTHERN baths | RD 1 car RD 305 m² 166 OLD NORTHERN OLD 166 OLD NORTHERN RD

48 CRESTWOOD DR 194MUNRO 19 MUNRO beds | 2 ST bath |ST 3 cars 872 m² 19 MUNRO ST

4 MULLANE 4 MULLANE 4 MULLANE AVE AVEAVE

166 OLD 166166 NORTHERN OLDOLD NORTHERN NORTHERN RD RD RD

19 MUNRO 19 MUNRO 19 ST MUNRO ST ST

$1,005,000

$890,000

4 MULLANE AVE 166 OLD NORTHERN RD 4 beds | 1 bath | 1 car 696 m² 4 beds | 2 baths | 5 cars 923 m² 33 CANYON 33 Source: CANYON RD RD pricefinder.com.au | Properties included may/may not be sold by Ray White 33 CANYON RD $1,810,000 $1,810,000

$1,040,000 19 MUNRO ST 4 beds | 2 bath | 1 car 721 m² 21 OAKLAND 21 OAKLAND AVE AVE 21 OAKLAND AVE

$935,000 $935,000

Based on 137 recorded Unit sales within the last months (2018) last12 12 months (2018)(2018) last 12 months Based Based Based on on137 137 on recorded recorded 137 recorded Unit Unitsales sales Unit within sales withinwithin the the the last 12 12 last months months 1212months (2018) (2018) (2018) Based rolling month period and may differ Basedon onaalast rolling 12 month period and may differ Based on a12 rolling month period and may differ from year fromcalendar calendar yearstatistics statistics from calendar year statistics

QUICK FACTS

Based Basedon Based onaarolling rolling on a12 rolling 12month month 12period month periodand period andmay may and differ differ may differ from fromcalendar calendar from calendar year yearstatistics statistics year statistics Suburb Growth #

HOUSE

Previous Median Price: $852,000 Previous Median Price:Price: $852,000 Previous Median $852,000 Current Current Current Median Median Median Price: Price:Price: $770,000 $770,000 $770,000 Previous Previous Previous Median Median Median Price: Price: Price: $852,000 $852,000 $852,000 Based Basedon on338 338recorded recordedUnit Unitsales salescompared comparedover overthe thelast lasttwo two

Based on 338 recorded Unit sales compared over the last two rolling month periods rolling12 12 month periods rolling 12 month periods

QUICK FACTS

Based Basedon on Based 338 338recorded recorded on 338 recorded Unit Unitsales sales Unit compared compared sales compared over overthe thelast over lasttwo the two last two rolling rolling12 12 rolling month month 12 periods periods month periods

Sold Properties

3/67 ST 3/67-69 -69RAILWAY RAILWAY ST ST 3/67 -69 RAILWAY

261 UNIT 1/22 ST 1/22-24 -24PEARCE PEARCE ST 1/22 -24 PEARCE ST

3/67 3/67-69 3/67 -69RAILWAY RAILWAY -69 RAILWAY ST ST ST

1/22 1/22-24 1/22 -24PEARCE PEARCE -24 PEARCE ST ST ST

-7.0%

$835,000

Suburb

Based on recorded Unit sales within the 12 months (2018) months (2018)(2018) months Based Based Based on onrecorded recorded on recorded Unit Unitsales sales Unit within sales withinwithin the the12 12the 12 months months months (2018) (2018) (2018) Based and differ Basedon onaarolling rolling 12month month period andmay may differ Based on a12 rolling 12period month period and may differ from year fromcalendar calendar yearstatistics statistics from calendar year statistics

Based Basedon Based onaarolling rolling on a12 rolling 12month month 12period month periodand period andmay may and differ differ may differ fromcalendar calendar from calendar year yearstatistics statistics year statistics Growth #from Sold Properties

-8.8%3/10 128 CRES 3/10-12 -12GRAHAM GRAHAM CRES 3/10 -12 GRAHAM CRES 3/10 3/10-12 3/10 -12GRAHAM GRAHAM -12 GRAHAM CRES CRES CRES

$740,000

$850,000

3/67-69 RAILWAY ST 3 beds | 2 baths | 2 cars 4/4B RD 4/4BCORONATION CORONATION RD RD 4/4B CORONATION

1/22 -24 PEARCE ST 2 beds | 2 baths | 1 car 6/34-36 OAKLAND AVE 6/34-36 OAKLAND AVE AVE 6/34-36 OAKLAND

3/10 -12 GRAHAM CRES 3 beds | 2 baths | 2 cars 10/55-61 OLD RD 10/55-61 OLDNORTHERN NORTHERN RD RD 10/55-61 OLD NORTHERN

4/4B 4/4BCORONATION 4/4B CORONATION CORONATION RD RD RD

6/34-36 6/34-36 6/34-36 OAKLAND OAKLAND OAKLAND AVE AVE AVE

10/55-61 10/55-61 10/55-61 OLD OLDNORTHERN OLD NORTHERN NORTHERN RD RD RD

$830,000 4/4B CORONATION RD 3 beds | 2 baths | 2 cars

$785,000 6/34-36 OAKLAND AVE 4 beds | 2 baths | 2 cars

Source: pricefinder.com.au | Properties included may/may not be sold by Ray White

13/2A CROSS ST 13/2A13/2A CROSS ST ST CROSS

$885,500 10/55-61 OLD NORTHERN RD 3 beds | 2 baths | 2 cars 5

Top 10 House Sales Address

Sold date

Land size

Price

1

28

CENTRAL PARK AVE

17/12/2018

261m2

$1,280,000

2

6

MACKILLOP DR

3/12/2018

780m2

$1,150,000

3

106

SEVEN HILLS RD

22/12/2018

900m2

$1,121,000

4

50

YETHOLME AVE

22/1/2019

696m2

$1,100,000

5

48

CRESTWOOD DR

13/12/2018

872m2

$1,071,500

6

19

MUNRO ST

10/12/2018

721m2

$1,040,000

7

4

MULLANE AVE

21/12/2018

696m2

$1,005,000

8

21

STONE MASON DR

8/1/2019

299m2

$1,000,000

9

72

QUINTANA AVE

21/12/2018

786m2

$1,000,000

10

225

SEVEN HILLS RD

18/1/2019

930m2

$999,000

Properties included may/may not be sold by Ray White

Top 10 Unit Sales Address

Sold date

Price

1

13/17

CONIE AVE

3/12/2018

$920,000

2

8/92

BARINA DOWNS RD

22/11/2018

$885,000

3

4/25

JENNER ST

31/1/2019

$870,000

4

3/10

GRAHAM CRES

17/11/2018

$850,000

5

3/67

RAILWAY ST

21/11/2018

$835,000

6

5/110

OLD NORTHERN RD

11/1/2019

$822,000

7

4/110

OLD NORTHERN RD

13/11/2018

$822,000

8

6/31

BRODIE ST

28/11/2018

$800,000

9

6/34

OAKLAND AVE

14/11/2018

$785,000

10

12/144

OLD NORTHERN RD

25/11/2018

$780,000

Properties included may/may not be sold by Ray White

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Autumn Gardening Tips Autumn is a good time to get into the garden. Your soil will still contain a fair bit of warmth from summer before the winter rain hits, so it’s a great time to get planting! And you’ll also enjoy doing some D.I.Y. without the summer heat.

Mulch for your Garden Mulch is your garden’s best friend. It helps the soil hold in moisture so you don’t have to water it as often and it also keeps down weeds. Over time, mulch will break down into your soil and improve it by adding nutrients.

Fertilise your Lawn Fertilising your lawn will ensure that it stays green and healthy throughout the year.

Autumn is a great time to fertilise because it protects your lawn through the winter months.

You should aim to fertilise twice a year for the best results.

Prune Trees Pruning helps improve the health and overall appearance of your trees. Removing dead or dying branches promotes crop growth in fruit trees.

Plant Bulbs Planting bulbs is a great way to add a splash of colour to your garden. You’d be surprised

how many different colours, sizes and types of bulbs that you can choose from. Autumn is the perfect time of year to plant them as they’ll have enough time to grow before they are ready to flourish in spring. Bulbs are really easy to grow although make sure that you choose a spot with plenty of sunlight.

Build a Garden Bed A garden bed is the perfect place to grow vegies or act as a focal point in your backyard.

For the best results, use a good quality top soil so your plants get enough of the good nutrients they need to start growing. Also make sure before you build your garden bed to consider the location because the levels of sun and shade will determine which type of plants will grow.

Plant fruit trees Australia’s climate and conditions are ideal for growing fruit trees. All they need is full sun, good drainage, room to grow and they’ll be thriving in no time. A good tip is to avoid

overcrowding your trees with other plants or structures like fences as this will curb their growth.

Make your own compost Compost is a natural fertiliser that is great for your garden. It can help you save money and it’s good for the environment. Autumn is a great time to start making compost because many trees are dropping their leaves, which you’ll need to use.

Make sure you get the balance right between garden waste and kitchen scraps in the compost mix for the best results.

Source: bunnings.com.au/diy-advice/garden/planting-andgrowing/seven-autumn-gardening-tips

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 JAN 2019

DEC

NOV

OCT

SEP

AUG

JULY

JUN

MAY

APR

MAR

$1,000,000

NUMBER OF SALES

$1,100,000

FEB

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

$200K-$300K

4

4

$400K-$500K

1

1

$500K-$600K

10

10

$600K-$700K

1

18

19

$700K-$800K

2

34

36

$800K-$900K

16

34

50

$900K-$1M

47

16

63

$1M-$1.25M

121

2

123

$1.25M-$1.5M

53

1

54

$1.5M-$1.75M

11

11

$1.75M-$2M

4

4

$2M-$2.5M

2

2

>$3M

7

7

0%

Past 12 Months

1%

399 Sales

0% 3% 5% 9% 13%

$1M-$1.25M

16% 31% 14% 3% 1% 1% 2%

123 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

Jayden Potten 0402 604 828

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

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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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