Bella Vista & Bella Vista Waters Market Review | Dec 2017

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

BELLA VISTA - Recentl

Recently sold properties

19 RESTON GRANGE 19 RESTON GRANGE

5 FITZGERALD WAY 5 FITZGERALD WAY

0,000 17 NORTHRIDGE 17 NORTHRIDGE AVEAVE 0

Median Sale Price

7 OSPREY TCE

$1,705,000 64 NORTHRIDGE 64 NORTHRIDGE AVEAVE $1,705,000

$1.7m

12

Based on 71 recorded House sales within the last 12 months (Oct '16 - Sep '17) Based on a rolling 12 month period and may differ from calendar year statistics

Aug

2

2017 27 Days 2017 Aug

27 Days

812 m² 812 m²

5

5

3

$2,250,000 3

3

3

17 NORTHRIDGE AVE, BELLA VISTA WATERS 4 EDGEWATER bed | 3 bath | 3DR garages 779 m² 74 74 EDGEWATER DR

$2,340,000 64 NORTHRIDGE AVE, BELLA VISTA WATERS 5 bed | 4 bath | 3 garages 63 EDGEWATER DR

$2,230,000 7 OSPREY TCE, BELLA VISTA WATERS WIRRABROOK RISE 702 m² 49bed | 3 bath | 3 garages

25

63 EDGEWATER DR

0,000 19 RESTON 19 RESTON GRANGE GRANGE 0

5 FITZGERALD 5 FITZGERALD WAY WAY

0,000

Prepared on 06/11/2017 by Ray White Castle Hill, 07 3231 22

$1,705,000 $1,705,000

The materials provided are distributed as an information source only. © T provided under licence from the Department of Finance and Services, Lan other third party data sources. Ownership information derived from Non-G accuracy, reliability, completeness or suitability of the data for any particul losses, damages (including indirect or consequential damage) and costs w as a Property Sales Information provider of the Department of Finance an

3 2

4,000

$2,400,000 74Aug EDGEWATER DR, BELLA VISTA WATERS Aug 2017 2017 4 bed | 4 bath | 3 garages 703 m² 27 Days 27 Days 812 m² 812 m²

5

5

3

3

3

$2,080,000

3

63 EDGEWATER DR, BELLA VISTA WATERS 4 bed | 4 bath | 3 garages 704 m²

Source: pricefinder.com.au 93 BELLA VISTA DR | Properties included may or may not be sold by Ray White 93 BELLA VISTA DR

$1,610,000

$2,600,000 9 WIRRABROOK RISE, BELLA VISTA WATERS 5 bed | 4 bath | 3 garages 741 m² 18 CROWN TCE

62

12 months (Oct '16 within - Sep '17) Based on 71last recorded House sales the last 12 months (Oct '16 - Sep '17) Based on a rolling 12 month period and may differ Based on 71 recorded House sales within the Based on a rolling 12 on month period and may differ from calendar year statistics Based a rolling 12- month period and may differ last 12 months Sep '17) from calendar(Oct year'16 statistics calendar year statistics Based on a rolling from 12 month period and may differ calendar year statistics Medianfrom Sale Price Suburb Growth Based on a rolling 12 month period and may differ from calendar year statistics 9 WIRRABROOK RISE

$1.7m

+19.5%

WIRRABROOK RISE 9 WIRRABROOK RISE 9 WIRRABROOK 5 FITZGERALDRISE WAY

WIRRABROOK RISE ,000

3

Previous Median Price: $1,422,500 Previous Median Price: $1,422,500

Current Price: Based on 159 Median recorded House sales $1,700,000 compared over the last two rolling sales 12 month periodsover the last two Based on 159 Based recorded House compared on 159 recorded House sales compared over the last two Previous Median Price: $1,422,500 rolling 12 month periods rolling month periods Based on 159 recorded House sales12compared over the last two rolling 12 month periods

# Sold Properties

rolling 12 month periods 71 25 PRESTIGE AVE

Based on 159 recorded House sales compared over the last two

months (Oct '16 -within Sep '17) Based on recorded House sales the 12 months (Oct '16 - Sep '17) Based on a rolling 12 month period and may differ Based on recorded House sales within the 12 Based onBased a rolling 12rolling month and may differ fromoncalendar year statistics a 12period month months (Oct '16 Sep period '17) and may differ from calendar year-statistics calendar year statistics Based on a rolling from 12 month period and may differ from calendar year statistics Based on a rolling 12 month period and may differ from calendar 12 PRESTIGE AVE year statistics

25 PRESTIGE AVE 25 PRESTIGE AVE 25 PRESTIGE AVE

12 PRESTIGE AVE AVE 12 PRESTIGE 12 PRESTIGE AVE

25 PRESTIGE AVE

12 PRESTIGE AVE

$1,750,000

$1,965,000

$1,500,000

5 FITZGERALD WAY, BELLA VISTA 18 CROWN TCE 418 bed | 3 bathTCE | 4 garages 750 m² CROWN 8 CROWN TCE TCE 18 63 CROWN EDGEWATER DR

BELLA VISTA 25FRANCESCO PRESTIGE AVE, 62 CRES 5 bed 3 bath | 2 garages 62| FRANCESCO CRES704 m² 62 FRANCESCO CRES 62 FRANCESCO CRES

1222 PRESTIGE AVE, BELLA STOCK FARM AVEVISTA 4 bed | 22 2 bath | 2 garages 700 m² STOCK FARM AVE 2222STOCK STOCKFARM FARMAVE AVE

8 CROWN TCE

62 FRANCESCO CRES

22 STOCK FARM AVE

$1,785,000

$1,400,000

$1,825,000

62 FRANCESCO CRES, BELLA VISTA 22 STOCK FARM AVE, BELLA VISTA 18 CROWN TCE, BELLA VISTA 4 bed | 3 bath | 3 garages 726 m² 4 bed | 2 bath | 4 garages 700 m² 4 bed | 3 bath | 2 garages 848 m² 7 OSPREY TCE 122 BELLA VISTA DR 7A BINGARA CRES 7 OSPREY TCE BELLA 7A BINGARA CRES Source: pricefinder.com.au | Properties included may or may not122 be sold

by Ray VISTA White DR 7 OSPREY TCE 122 BELLA VISTA DR 7A BINGARA CRES $2,230,000 $1,510,000 OSPREY TCE 122 BELLA VISTA DR 7A BINGARA CRES $2,230,000

$1,510,000

5

$1,075,000 $1,075,000

Bella Vista | Top 5 house sales Address

Sold date

Land size

Price

1

25

PRESTIGE AVE

23/10/2017

704m2

$1,965,000

2

22

STOCK FARM AVE

6/10/2017

848m2

$1,825,000

3

2

MATTHEW PL

1/8/2017

865m2

$1,820,000

4

18

CROWN TCE

14/10/2017

726m2

$1,785,000

5

5

FITZGERALD WAY

13/8/2017

750m2

$1,750,000

Properties included may/may not be sold by Ray White

Bella Vista Waters | Top 5 house sales Address

Sold date

Land size

Price

1

95

EDGEWATER DR

2/8/2017

774m2

$3,335,000

2

9

WIRRABROOK RISE

24/10/2017

741m2

$2,600,000

3

74

EDGEWATER DR

7/8/2017

703m2

$2,400,000

4

64

NORTHRIDGE AVE

30/8/2017

663m2

$2,340,000

5

17

NORTHRIDGE AVE

2/9/2017

779m2

$2,250,000

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 OCT

SEP

AUG

JULY

JUN

MAY

APR

MAR

FEB

JAN 2017

DEC

NOV

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

$700k-$800k $900k-$1M

1%

2

2

2%

2

2

2%

$1M-$1.25

2

5

7

$1.25M-$1.5M

19

1

20

$1.5M-$1.75M

18

$1.75M-$2M

13

$2M-$2.5M

15

15

$2.5M-$3M

8

8

>$3M

1

1

Last 12 months 88 sales 8% 23%

18 1

20% 16%

14

17% 9% 1%

$1.25M-$1.5M 20 sales

Your team

Philip Kelly 0407 000 991

Daniel Llamas 0421 908 736

Peter Iann 0488 002 222

Paul Conti 0414 981 005

Andy Lin 0433 433 093

Hilda Bandiera 9680 2255

Robbie Awad 0428 888 648

Kael Sharp 0435 821 736

Hannah Dowling 9680 2255

Brett Macartney 0431 073 780

Kieron Stedman 0433 124 734

Odette Roach 9680 2255

Brittney Willmette 9680 2255

Matthew Langdon 0431 037 478

Margarete Kwarcinski 9680 2255

Joseph Meyer 0417 675 741

Karl Anthony 0457 120 174

Joel Simpson 0450 907 598

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

raywhitecastlehill.com.au