Bella Vista & Bella Vista Waters Market Report Summer 2017/18
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
3
Oct
Oct
2017 2017
Sep
Recently sold properties
44 Days
44 Days
848 m² 848 m² 4
43
32
122 BELLA 122 BELLA VISTAVISTA DR DR BV BV 8 ASHBURN 8 ASHBURN CLCL BVW 16 SKYLARK CCT BV BVW
2
BV 12 PRESTIGE AVE 9 WIRRABROOK 9 WIRRABROOK RISE RISE BVW BV BVW 3 ADELAIDE GR
$1,510,000 $1,510,000
Sep
Sep
36 Days
36 Days
2017 2017
$1,500,000
Oct
758 m² 758 m² 6
63 32 $2,200,000
8 ASHBURN CL, BELLA VISTA WATERS 5 bed | 3 bath | 3 garages 662 m² 17 NORTHRIDGE 17 NORTHRIDGE AVE AVE BVW BVW 8 ASHBURN CL BVW
2017
2 54 Days
41 Days
4
2 2 $2,600,000
9 WIRRABROOK RISE, BELLA VISTA WATERS 5 bed | 4 bath | 3 garages 741 m² BV 64 NORTHRIDGE 64 FARM NORTHRIDGE AVE AVE 22 STOCK AVE BVW BVW 9 WIRRABROOK RISE BVW
720 m² 720 m² 5 795 m²
7
BV BV 14 IBIS 14PL IBIS 18 CROWN TCE PL BV 25 25 PRESTIGE PRESTIGE AVE AVE BV BV 9 KENTRIDGE PL BVW
Oct
700 m²
Sep
2017 2017 18 Days 2017 Nov 18 Days
Sep
24
4
5
62 F
$1,416,000 $1,416,000 $1,785,000
Sep
2017 2017 2017 8 Days 25 Days
52 4
8 Days
3 5 3 3 32 $2,350,000
475 m² 475 726 m² 4 m² 5
9 KENTRIDGE PL, BELLA VISTA WATERS 4 bed | 4 bath | 3 garages 741 m² BVW 62 BINGARA 62 TCE BINGARA CRES CRESBV BV 7 OSPREY 25 PRESTIGE AVE BV
2
12A
$1,400,000 $1,400,000 $1,825,000 Prepared Prepared on 01/12/2017 on 01/12/2017 by Ray by Ray White White Castle Castle Hill,Hill, 07 3231 07 3231 2200 2200 at Ray at Ray White White Corporate Corporate Default. Default. © Property © Property Data Data Solutions Solutions PtyPty LtdLtd 2017 2017 (pricefinder.com.au) (pricefinder.com.au) The The materials materials provided provided are distributed are distributed as an asinformation an information source source only.only. © The © The State State of New of New South South Wales Wales (Land (Land and and Property Property Information Information - LPI) - LPI) December/2017. December/2017. Contains Contains property property sales sales information information provided provided under under licence licence fromfrom the Department the Department of Finance of Finance and and Services, Services, LandLand and and Property Property Information Information (LPI)(LPI) Issue Issue Date: Date: 27/11/17 27/11/17 and and maymay be combined be combined withwith property property attribute attribute datadata and and photographs photographs fromfrom otherother thirdthird partyparty datadata sources. sources. Ownership Ownership information information derived derived fromfrom Non-Government Non-Government sources. sources. Please Please use use as aas guide a guide only.only. Neither Neither Veda Veda nor LPI nor make LPI make any any representations representations or warranties or warranties about about accuracy, accuracy, reliability, reliability, completeness completeness or suitability or suitability of the of data the data for any for any particular particular purpose purpose and and disclaims disclaims all responsibility all responsibility and and all liability all liability (including (including without without limitation, limitation, liability liability in negligence) in negligence) for all forexpenses, all expenses, losses, losses, damages damages (including (including indirect indirect or consequential or consequential damage) damage) and and costs costs which which might might be incurred be incurred as aas result a result of the of data the data being being inaccurate inaccurate or incomplete or incomplete in any in any wayway and and for any for any reason. reason. Veda Veda is authorised is authorised as aas Property a Property Sales Sales Information Information provider provider of the of Department the Department of Finance of Finance and and Services, Services, LandLand and and Property Property Information. Information.
$2,250,000 17 NORTHRIDGE AVE, BELLA VISTA WATERS 4 bed | 4 bath | 3 garages 779 m²
Oct $2,340,000 2017 44 Days 848 m² 3 WATERS 2 64 NORTHRIDGE AVE,4BELLA VISTA 5 bed | 4 bath | 3 garages 663 m²
Source: pricefinder.com.au | Properties included may or may not be sold by Ray White
122 BELLA VISTA DR
BV
$2,230,000 2017 2017 41 Days 41 Days 723 m² 723 m² 5 52 7 OSPREY TCE, BELLA VISTA WATERS 4 bed | 3 bath | 3 garages 700 m² Aug
Aug
S
22
20
2 18
14 IB
Current Median Price: $1,701,000 Current Median Price: $1,701,000 Previous Median Price: $1,422,500 Previous Median Price: $1,422,500 Previous Median Price: $1,422,500 Current Median Price: $1,701,000
Based on last 76 House sales within 12 recorded months (Oct '16 sales - Sep '17)the the Based on recorded 76 House within lastlast 12 months (Oct(Oct '16 '16 - Sep '17)'17) 12 months - Sep Based on 76 recorded House sales within the last 12 (Oct '16period - Sepand '17) Based onmonths a rolling 12 month may differ Based on aon rolling 12calendar month period and and maymay differdiffer yearperiod statistics Based afrom rolling 12 month from calendar yearyear statistics Suburb Growth Median Sale Price from calendar statistics Based on a rolling 12 month period and may differ from calendar year statistics
$1.7m
+19.6%
BV 9 COORUMBENE CRT 9 COORUMBENE CRT 8 ASHBURN CL BVW BV 9 COORUMBENE CRT BV 9 COORUMBENE CRT
BV
Previous Median Price: $1,422,500 Based on 164 recorded House sales compared over the last two rolling 12 month periods Based on 164 House sales compared over the Based onrecorded 164 recorded House sales compared overlast thetwo last two rollingrolling 12 month periods 12 month periods Based on 164 recorded House sales compared over the last two rolling 12 month periods
# Sold Properties
76
62 PRESTIGE AVE BV 62 PRESTIGE AVE BVBV 9 WIRRABROOK RISE 62 PRESTIGE AVE BVW 62 PRESTIGE AVE
BV
Based on recorded House sales within the the 12 12 (Oct '16 -sales Sep '17) Based on months recorded House within months (Oct(Oct '16 '16 - Sep '17)'17) months - Sep Based on recorded House sales within the 12 months (Oct - Sep '17) Based on a rolling 12 '16 month period and may differ Based on aon rolling 12calendar month period and and maymay differdiffer yearperiod statistics Based afrom rolling 12 month fromfrom calendar yearyear statistics calendar statistics Based on a rolling 12 month period and may differ from calendar year statistics
BVW 19 RAVENSWOOD RISE RAVENSWOOD RISE BVW 25 19 PRESTIGE AVE 19 RAVENSWOOD RISE BVW BV 19 RAVENSWOOD RISE
$3,368,000 BVW$3,368,000 $3,368,000
$3,368,000
Nov
$1,480,000 9 COORUMBENE CRT, BELLA VISTA 12 PRESTIGE 4 bed | 3AVE bath | 2 BV garages 739 am² 16 SKYLARK CCT BV 16 SKYLARK CCT 16 SKYLARK CCT BV BV $1,500,000 16 SKYLARK CCT
BV
$1,770,000 62 PRESTIGE AVE, BELLA VISTA 18 CROWN BV BV 4 bed | 2TCE bath | 2 garages 738 m² 3 ADELAIDE GR BV BV 3 ADELAIDE GR 3 ADELAIDE GR $1,785,000 3 ADELAIDE GR
BV
Nov2017 Nov 41 Days 2017 2017 41 Days
795 m² 7 4 $1,965,000 Nov41 Days 795 m² 7 7 4 4 795 m² 2017 25 PRESTIGE AVE, BELLA 41 Days 795 m² VISTA 7 4 62 FRANCESCO 5 bed | 3 bath | 2 CRES garages BV 704 m² BVW 9 KENTRIDGE PL BVW 9 KENTRIDGE PL PLBVW 9 KENTRIDGE
9 KENTRIDGE PL
5 5
BVW
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.
Oct
2017 54 Days
Oct
700 m²
4
$1,320,000 2 2
2017 25 Days
726 m²
4 $1,800,000 3 3
3 ADELAIDE GR, BELLA VISTA 16 SKYLARK CCT, BELLA VISTA 4 bed | 2 bath | 2 garages 384 m² 5 bed | 4 bath | 2 garages 925 m² BV BVW 22 STOCK FARM AVE 7 OSPREY TCE pricefinder.com.au | Properties included may or may 9 notWIRRABROOK be sold by Ray White 8 Source: ASHBURN CL RISE BVW BVW 8 ASHBURN CL CL BVW 9 WIRRABROOK RISE 8 ASHBURN 9 WIRRABROOK RISEBVW BVW $1,825,000 BVW
$1,400,000 62 FRANCESCO CRES, BELLA VISTA 4 bed | 2 bath | 4 garages 700 m² 12A PIPERSBROOK CRES BVW 5 25 PRESTIGE AVE BV 25 PRESTIGE AVE 25 PRESTIGE AVE BV BV $2,212,000
5 5
Bella Vista | Top 5 house sales Address
Sold date
Land size
1
17
SACOYA AVE
25/10/2017
2142m2
$2,605,000
2
25
PRESTIGE AVE
23/10/2017
704m2
$1,965,000
3
22
STOCK FARM AVE
6/10/2017
848m2
$1,825,000
4
3
ADELAIDE GR
9/11/2017
925m2
$1,800,000
5
18
CROWN TCE
14/10/2017
726m2
$1,785,000
Properties included may/may not be sold by Ray White
Price
Bella Vista Waters | Top 5 house sales Address
Sold date
Land size
Price
1
19
RAVENSWOOD RISE
16/11/2017
795m2
$3,368,000
2
9
WIRRABROOK RISE
24/10/2017
741m2
$2,600,000
3
9
KENTRIDGE PL
8/11/2017
741m2
$2,350,000
4
8
ASHBURN CL
27/10/2017
662m2
$2,200,000
5
4
PIPERSBROOK CRES
23/11/2017
728m2
CONFIDENTIAL
Properties included may/may not be sold by Ray White
7
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 12
$2,200,000
11 10
$2,000,000
9 $1,800,000
8 7
$1,600,000
6
$1,400,000
4 3
$1,200,000
2 1
$1,000,000 NOV
OCT
SEP
AUG
JULY
JUN
MAY
APR
MAR
FEB
JAN 2017
DEC
0
NUMBER OF SALES
MEDIAN SALE PRICE
5
SALE MONTH
Number of sales
Median sale price
9
Recent Activity Sales by Price - Last 12 months House $600k-$700k
Unit 1
1%
Last 12 months
1
1
1%
87 sales
2
2
5
8
1
$700k-$800k $900k-$1M
2% 9%
$1M-$1.25
3
$1.25M-$1.5M
20
20
$1.5M-$1.75M
16
16
18%
$1.25M-$1.5M
$1.75M-$2M
15
16
18%
20 sales
$2M-$2.5M
15
15
$2.5M-$3M
6
6
>$3M
2
2
1
23%
17% 7% 2%
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
11
Ray White Castle Hill 02 9680 2255 287C Old Northern Rd, Castle Hill NSW 2154
raywhitecastlehill.com.au