Baulkham Hills Market Review | Jan 2018

Baulkham Hills Market Report Summer 2017/18

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Ray White Castle Hill is the proud sponsor of

Welcome Moving into the warmer months we are seeing some of the expected seasonal impact on our immediate market.

However with interest rates staying on hold for the time being the current window of opportunity is likely to continue for some time.

What has become incredibly apparent in the climate we are in today is that while premium results still remain, the skill set of the agent is at the heart of the success achieved. As the days of huge levels of buyer interest has dropped, the agents must successfully reallocate their time on negotiation rather than a strong reliance on market forces. This may seem like a logical process however it is critical that any agent who is working in a seller’s best interest is adapting to this changing market and providing they do, the results remain positive.

Our auctions continue to produce sales that have exceeded our vendor’s expectations which is a result we are very proud of and demonstrates both the skill of the agents involved as well as the great support they receive from the rest of our team. A number of our past auctions

are able to be viewed on Facebook and I encourage anyone interested to take the time to view one of these auctions as it can give great insights into the process but can also prove to be very entertaining!

We would like to take the opportunity to thank our local community for their continued support throughout 2017, it has proved to be yet another successful year for all involved.

On behalf of the team at Ray White Castle Hill we wish you season’s greetings and a prosperous 2018!

Philip Kelly and David Dowling Directors | Ray White Castle Hill

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Based on Based 343 recorded on 343 recorded House sales House within sales within the last the 12 months last 12 months (Oct '16 (Oct -sales Sep '16 '17) -within Sep '17) Based Based on 343 on recorded 343 recorded House House sales sales within Based on 343 recorded House within the last the 12 last months 12 months (Oct '16 (Oct - Sep '16 '17) - differ Sep '17) the last months (Oct '16 - and Sep '17) Based on 12 a rolling 12 month period may fromon calendar statistics Based on Based a rolling 12 a rolling monthyear 12 period month andperiod may differ and may differ from calendar year calendar statistics year statistics Based Based a rolling on12 afrom 12 rolling month 12 period month and period may and differ may differ Based onon a rolling month period and may differ from calendar from year calendar year statistics year statistics from calendar statistics

Current Current Median Median Price: Price: $1,216,000 Previous Previous Median Median Price: $1,073,500 Price:$1,216,000 $1,073,500 Current Median Price: $1,216,000 Previous Previous Median Median Price: Price: $1,073,500 $1,073,500 Previous Median Price: $1,073,500

Based on 735 recorded House sales compared over the last two rolling 12 month periods Based on 735 Based recorded on 735 House recorded salesHouse compared salesover compared the lastover two the last two rolling 12 month rolling periods 12 month Based onBased 735 recorded on 735 recorded House sales House compared sales periods compared over the last overtwo the last two Based on 735 recorded House sales compared over the last two rolling 12rolling month12 periods month periods rolling 12 month periods

Recently sold properties

90 MULLANE AVE 90 MULLANE 90 MULLANE AVE AVE MULLANE 90 MULLANE AVE AVE 9090MULLANE AVE

5 WYNDHAM PL 5 WYNDHAM 5 WYNDHAM PL PL WYNDHAM 5 WYNDHAM PL PL 5 5WYNDHAM PL

$1,150,000 90 MULLANE AVE 12 SARAH 3 bed |CRES 2 bath | 2 garages 708 m² 12 SARAH 12 SARAH CRES CRES SARAH 12 SARAH CRESCRES 1212SARAH CRES

$1,575,000

$1,030,000 5 WYNDHAM PL 5 3CROPLEY DR| 1 garages 923 m² bed | 1 bath 5 CROPLEY 5 CROPLEY DR DR CROPLEY 5 CROPLEY DR DR 5 5CROPLEY DR

$1,321,000

12 SARAH CRES 5 CROPLEY DR 5 bed | 4 bath | 1 garages 696 m² 4 bed | 3 bath | 3 garages 900 m² 39 PEARCE ST 256 SEVEN HILLS WAY Source: pricefinder.com.au | Properties included may or may not be sold by Ray White 39 PEARCE 39 PEARCE ST ST 256 SEVEN 256 SEVEN HILLS WAY HILLS WAY PEARCE 39 PEARCE ST ST 256SEVEN SEVEN 256 SEVEN HILLSWAY HILLS WAY WAY $975,000 $1,628,000 3939PEARCE ST 256 HILLS

Based on Based recorded on recorded House sales House within salesthe within 12 the 12 months (Oct '16 (Oct -sales Sep '16 '17) -within Septhe '17) Based Based on recorded on months recorded House House sales sales within the Based on recorded House within 1212the 12 months months (Oct '16 (Oct - Sep '16 '17) - Sep '17) '16 - period Sep '17) Based months on a rolling(Oct 12 month and may differ fromon calendar statistics Based on Based a rolling 12 a rolling monthyear 12 period month andperiod may differ and may differ from calendar year calendar statistics year statistics Based Based a rolling on12 afrom 12 rolling month 12 period month and period may and differ may differ Based onon a rolling month period and may differ from calendar from year calendar year statistics year statistics from calendar statistics

5 BRODIE ST 5 BRODIE 5 BRODIE ST ST BRODIE 5 BRODIE ST ST 5 5BRODIE ST

$1,040,000 5 BRODIE ST YARALLA 3 2bed | 2 bath |PL 2 garages 539 m² 2 YARALLA 2 YARALLA PL PL YARALLA 2 YARALLA PL PL 2 2YARALLA PL

$1,187,000 2 YARALLA PL 4 bed | 3 bath | 2 garages 702 m² 32 RAILWAY ST 32 RAILWAY 32 RAILWAY ST ST RAILWAY 32 RAILWAY ST ST $1,090,000 3232RAILWAY ST

Nov

2017 Nov 30 Days # Sold Properties 2017

Suburb Growth

HOUSE +13.3% 4/32 4/32 - 38-23 -4/32 38 LINTON LINTON - 38 LINTON ST STAVEST 2/19 CHELSEA 2/19 -23 CHELSEA AVE 7/70 -72 JENNER ST

343

30 Days

Nov

Suburb 2 2Growth 1

4,759 m²

UNIT +12.2% 2

4,759 m²

2

2017 Nov 14 Days # Sold Properties 2017

225 1

14 Days

4

999 m² 999 m²

4

2

2 2

2

14/18 14/18 -2014/18 -20 PEARCE PEARCE -20 PEARCE ST ST ST

37-45 JENNER ST 37-45 JENNER ST

19/78 -82 OLD NORTHERN RD

$820,000 $820,000 $820,000

$920,000 $920,000 $920,000

$730,000

Oct

Oct

Oct

2017 2017 2017 48Nov Days 48 Days

2017

48 Days

Oct

1.02 1.02 ha ha 1.02 3 ha3

1$880,000 3 1 2 12

2/19-23 CHELSEA AVE 3,103 m² 2 1 3 bed | 2 bath | 2 garages 6/1B 6/1B JOHN JOHN 6/1B STJOHN ST ST 7/70 -72 JENNER ST 7/70 -72 JENNER ST

$1,060,000

2

37-45 JENNER ST 4 bed | 2 bath | 2 garages 12/65-69 12/65-69 12/65-69 SEVEN SEVEN HILLS SEVEN HILLS RD HILLS RD RD

1

30 Days

Oct

Oct

2017 2017 2017 38 Days 38 Days

38 Days

$635,000 2 32

8,1268,126 m² m² 8,126 3 m²3

2 22

19/78-82 OLD NORTHERN RD 2 bed | 1 bath | 1 garages 8/16 8/16 WYLDWOOD WYLDWOOD 8/16 WYLDWOOD CRES CRESCRES 19/78 -82 OLD NORTHERN RD 19/78 -82 OLD NORTHERN RD

$730,000 $730,000 Prepared on 01/12/2017 by Ray White Castle Hill, 07 3231 2200 at Ray White Corporate Default. © Property Data Solutions Pty Ltd 2017 (pricefinder.com.au)

he materials provided are distributed as an information source only. © The State of New South Wales (Land and Property Information - LPI) December/2017. Contains property sales information rovided under licence from the Department of Finance and Services, Land and Property Information (LPI) Issue Date: 27/11/17 and may be combined with property attribute data and photographs from ther third party data sources. Ownership information derived from Non-Government sources. Please use as a guide only. Neither Veda nor LPI make any representations or warranties about ccuracy, reliability, completeness or suitability of the data for any particular purpose and disclaims all responsibility and all liability (including without limitation, liability in negligence) for all expenses, osses, damages (including indirect or consequential damage) and costs which might be incurred as a result of the data being inaccurate or incomplete in any way and for any reason. Veda is authorised s a Property Sales Information provider of the Department of Finance and Services, Land and Property Information.

Nov

2017 Nov 30 Days 6/1B JOHN ST 3,103 m² 2 2017 30 Days 3 bed | 2 bath | 2 garages 3,103 m²

$965,000 2

1

1 1

$855,000 1

12/65-69 SEVEN HILLS RD 3 bed | 2 bath | 2 garages

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

$880,000 8/16 WYLDWOOD CRES 3 bed | 2 bath | 2 garages 5

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Top 10 house sales Address

Sold date

Land size

Price

1

11

LONACH CL

7/10/2017

1028m2

$1,850,000

2

256

SEVEN HILLS WAY

12/11/2017

923m2

$1,628,000

3

12

SARAH CRES

27/11/2017

696m2

$1,575,000

4

14

ELLIOTT PL

28/10/2017

980m2

$1,570,000

5

3

ASTORIA PARK RD

4/9/2017

929m2

$1,570,000

6

103

AMPHITHEATRE CCT

23/9/2017

712m2

$1,540,000

7

7

RADIATA AVE

30/9/2017

750m2

$1,502,000

8

35

OAKLAND AVE

9/9/2017

835m2

$1,460,000

9

15

MORLEY CRT

3/11/2017

750m2

$1,380,000

10

20

THOMPSON PL

28/10/2017

931m2

$1,355,000

Properties included may/may not be sold by Ray White

Top 10 unit sales Address

Sold date

Price

1

70/38

SOLENT CCT

5/10/2017

$1,250,000

2

18

JOHN ST

27/11/2017

$1,110,000

3

37

JENNER ST

17/11/2017

$1,060,000

4

1/43

CROSS ST

4/10/2017

$1,041,000

5

6/1

JOHN ST

27/10/2017

$965,000

6

3

SPURWAY DR

8/9/2017

$962,500

7

15/22

PEARCE ST

24/9/2017

$960,000

8

3/1

KENNETH AVE

13/10/2017

$951,000

9

103/48

PENINSULA WAY

5/10/2017

$945,000

10

3/12

COOK ST

19/9/2017

$920,000

Properties included may/may not be sold by Ray White

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Renovating your kitchen is an exciting yet daunting task and for most people it’s something they only want to do once.

It’s important to get the colour scheme right so it doesn’t date and lasts the same life as the kitchen itself.

Black, White and Grey

White and Timber

Separating black and white block colours with grey tones creates a long lasting look that remains sophisticated.

There’s something very natural about a timber and white combination, these two pallets compliment each other well. Laminate is now commonly available for a budget alternative.

White on White

Blues and Greys

White on white isn’t everyones cup of tea but it’s certainly timeless. It’s an easy colour to match other kitchen accessories and appliances with and creates a high end finished look.

These tones together are great for anyone who enjoys more colour without going overboard or being fearful of it dating. Adding a splash of white helps to break up the darkness.

Median house prices $1,500,000

60 55 50

$1,250,000

45 40

$2,000,000

35 $1,750,000

30

$1,500,000

20 15

$1,250,000

10 5 0 NOV

OCT

SEP

AUG

JULY

JUN

MAY

APR

MAR

FEB

JAN 2017

DEC

$1,000,000

NUMBER OF SALES

MEDIAN SALE PRICE

25

SALE MONTH

Number of sales

Median sale price

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Recent Activity Sales by Price - Last 12 months 0-$200k

House

Unit

1

1

2

1%

1

1

0%

$300k-$400k $500k-$600k

3

12

15

$600k-$700k

4

38

42

$700k-$800k

3

36

$800k-$900k

4

53

$900k-$1M

18

71

$1M-$1.25

172

191

$1.25M-$1.5M

119

120

$1.5M-$1.75M

24

24

$1.75M-$2M

4

5

1%

>$3M

3

3

1%

Last 12 months

3%

563 sales

7% 6% 9% 13% 34% 21% 4%

$1M-$1.25M 191 sales

Your team

Philip Kelly 0407 000 991

Andy Lin 0433 433 093

Brett Macartney 0431 073 780

Daniel Llamas 0421 908 736

Odette Roach 9680 2255

Kael Sharp 0435 821 736

Karl Anthony 0457 120 174

Kieron Stedman 0433 124 734

Matthew Langdon 0431 037 478

Hilda Bandiera 9680 2255

Brittney Willmette 9680 2255

Robbie Awad 0428 888 648

Joseph Meyer 0417 675 741

Margarete Kwarcinski 9680 2255

Joel Simpson 0450 907 598

Hannah Dowling 9680 2255

Sam Anic 0409 981 654

Paul Conti 0414 981 005

Peter Iann 0488 002 222

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Ray White Castle Hill 02 9680 2255 287C Old Northern Rd, Castle Hill NSW 2154

raywhitecastlehill.com.au