Bella Vista Market Report | Autumn 2019
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 Basedon on48 48recorded recordedHouse Housesales saleswithin withinthe the on 4812 recorded House sales within Based Based Based onon 43 48 recorded recorded House House sales sales within within thethe the last last 12 months months (2018) (2018) 12 months (2018) last last 12last 12 months months (2018) (2018)
Current CurrentMedian MedianPrice: Price:$1,532,500 $1,532,500 Median Price: $1,532,500 Current Current Current Median Median Price: Price: $1,540,000 $1,532,500 Previous Previous Median Median Price: Price: $1,750,000 $1,750,000 Previous Median Price: $1,750,000 Previous Previous Median Median Price: Price: $1,750,000 $1,750,000
Based Basedon onrecorded recordedHouse Housesales saleswithin withinthe the12 12 on recorded House sales within Based Based Based onon recorded recorded House House sales sales within within thethe 12the 12 12 months months (2018) (2018) months (2018) months months (2018) (2018)
Based Basedon onaarolling rolling12 12month monthperiod periodand andmay maydiffer differ Based on a rolling 12 month period and may from from calendar year statistics statistics Based Based on Based on a rolling a on rolling acalendar 12 rolling 12 month month 12year period month period and period and may and may differ may differdiffer differ from calendar year statistics from from calendar from calendar calendar year year statistics year statistics statistics
Based Basedon on126 126recorded recordedHouse Housesales salescompared comparedover overthe thelast lasttwo two rolling 12 12 month month periods periods on 126 recorded House sales compared over the last Based Based onBased Based 121 on 126 recorded onrecorded 126 rolling recorded House House sales House sales compared sales compared compared overover the the last overlast two thetwo last two two 12 month periods rolling rolling 12rolling rolling month 12 month 12 periods month periods periods
Based Basedon onaarolling rolling12 12month monthperiod periodand andmay maydiffer differ Based on a rolling 12 month period and may from from calendar year statistics statistics Based Based on Based on a rolling a on rolling acalendar 12 rolling 12 month month 12year period month period and period and may and may differ may differdiffer differ from calendar year statistics from from calendar from calendar calendar year year statistics year statistics statistics
Recently Sold
20 20 MIDDLEBROOK MIDDLEBROOK RISE RISE 20 MIDDLEBROOK RISE MIDDLEBROOK RISE 1120 STONYBROOK TCE
77 ASHBURN ASHBURN CL CL 7 ASHBURN CL 117CALLANDER PL ASHBURN CL
$2,290,000 20 MIDDLEBROOK RISE 5 beds | 3 baths | 2 cars 754 m²
65 65 BELLA BELLA VISTA VISTA DR DR 65 BELLA VISTA 3765 BELLA BELLA VISTA VISTA DR DRDR
27 PINE CRES
$2,540,000
$2,300,000 7 ASHBURN CL 5 beds | 4 baths | 3 cars 670 m²
37 37 LINDEN LINDEN WAY WAY 37 LINDEN WAY 2637 PROVIDENCE DR LINDEN WAY
$1,030,000 65 BELLA VISTA DR 3 beds | 2 baths | 2 cars 456 m²
16 ASHBURN CL
16 ASHBURN CL 5 beds | 3 baths | 3 cars 753 m² 11 11 OBSERVATORY OBSERVATORY RISE RISE 11 OBSERVATORY RISE 5 ROXBURGH PL 11 OBSERVATORY RISE
$1,180,000 37 LINDEN WAY 5 beds | 2 baths | 2 cars 72 BELLA VISTA DR
310 m²
$1,925,000 11 OBSERVATORY RISE 5 beds | 3 baths | 3 cars 723 m² 13 IBIS PL
Based Based on 43 onrecorded 43 recorded House House sales sales within within the the lastlast 12 months 12 months (2018) (2018)
Current Current Median Median Price: Price: $1,540,000 $1,540,000 Previous Previous Median Median Price: Price: $1,750,000 $1,750,000
Based Based on recorded on recorded House House sales sales within within the the 12 12 months months (2018) (2018)
Based Based on aon rolling a rolling 12 month 12 month period period and and may may differdiffer fromfrom calendar calendar yearyear statistics statistics
Based Based on 121 onrecorded 121 recorded House House salessales compared compared over the overlast thetwo last two rollingrolling 12 month 12 month periods periods
Based Based on aon rolling a rolling 12 month 12 month period period and and may may differdiffer fromfrom calendar calendar yearyear statistics statistics
11 STONYBROOK 11 STONYBROOK TCE TCE
11 CALLANDER 11 CALLANDER PL PL
$1,970,000 11 STONYBROOK TCE 5 beds | 3 baths | 3 cars 820 m²
44ROXBURGH ROXBURGHPL PL 37 BELLA 37 BELLA VISTA VISTA DRDR
16 ASHBURN 16 ASHBURN CL CL
QUICK FACTS
$1,610,000 11 CALLANDER PL 4 beds | 2 baths | 2 cars
Median Sale Price
$1.53m
99COUNTRY COUNTRYCLUB CLUBCCT CCT 26 PROVIDENCE 26 PROVIDENCE DRDR
5 ROXBURGH 5 ROXBURGH PL PL
Suburb Growth
-12.4
# Sold Properties
48
$1,710,000 4 ROXBURGH PL 5 beds | 4 baths | 2 cars 741 m²
$2,175,000 9 COUNTRY CLUB CCT 5 beds | 3 baths | 3 cars 5
27 PINE 27 PINE CRES CRES
72 BELLA 72 BELLA VISTA VISTA DRDR
13 IBIS 13 IBIS PL PL
Bella Vista | recent sales Address
Sold date
Land size
Price
1
20
MIDDLEBROOK RISE
31/1/2019
754m2
$2,290,000
2
78
NORTHRIDGE AVE
16/1/2019
700m2
$2,400,000
3
15
GRANDVIEW CRT
7/1/2019
710m2
$1,450,000
4
60
FRANCESCO CRES
20/12/2018
700m2
$1,538,888
5
10
WIRRABROOK RISE
19/12/2018
942m2
$1,287,000
Properties included may/may not be sold by Ray White
Address
Sold date
Land size
Price
6
65
BELLA VISTA DR
16/12/2018
457m2
$1,030,000
7
7
ASHBURN CL
26/11/2018
670m2
$2,300,000
8
11
STONYBROOK TCE
13/11/2018
820m2
$1,970,000
9
11
CALLANDER PL
12/11/2018
871m2
$1,610,000
10
37
LINDEN WAY
11/11/2018
311m2
$1,180,000
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 12
$2,200,000
11 10
$2,000,000
9 $1,800,000
8 7
$1,600,000
6
4 3
$1,200,000
2 1
$1,000,000 JAN 2019
DEC
NOV
OCT
SEP
AUG
JULY
JUN
MAY
APR
MAR
0
NUMBER OF SALES
$1,400,000
FEB
MEDIAN SALE PRICE
5
MONTH
Number of sales
Median sale price
9
Recent Activity Sales by Price - Past 12 months House
Unit
$400K-$500K
1
1
2%
Past 12 Months
$600K-$700K
1
1
2%
63 Sales
$800K-$900K
3
3
$900K-$1M
5
5
1
7
$1M-$1.25
6
$1.25M-$1.5M
15
15
$1.5M-$1.75M
11
11
$1.75M-$2M
4
4
$2M-$2.5M
5
5
$2.5M-$3M
6
6
>$3M
2
2
3% 9% 11% 24% 17% 6% 8% 10% 5%
$1.25M-$1.5M 15 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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