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
11
Ray White Castle Hill 02 9680 2255 287C Old Northern Rd, Castle Hill NSW 2154
raywhitecastlehill.com.au