Bella Vista & Bella Vista Waters Market Report Spring 2017
Welcome Ray White Castle Hill is the proud sponsor of
With Spring quickly moving into Summer we are seeing some of the expected seasonal impact on our immediate market. Coupling this with some of the bigger changes which are affecting our market mean these are certainly interesting days. As is usually the case at this time of year many properties are coming to market as the Spring trend takes full effect. With interest rates staying on hold for the time being the current window is likely to continue for sometime.
So far this year our auctions have produced 56/57 selling above our vendors 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 the team. A number of 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!
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.
As we move into the final months of the year we will once again be involved in the Little Ray of Giving program where our office will collect gifts from members of our community and will distribute to those in need. Should you require further information please do not hesitate to contact our office in relation to this.
Philip Kelly and David Dowling Directors | Ray White Castle Hill 3
Based Based on Based 61 onrecorded 61 onrecorded 61 recorded House House sales House sales within sales within the within the the last last 12 months last 12 months 12 months (Oct(Oct '16 (Oct -'16 Sep-'16 Sep '17) - Sep '17) '17)
Previous Previous Previous Median Median Median Price: Price: $1,422,500 Price: $1,422,500 $1,422,500
Based Based on Based recorded on recorded on recorded House House sales House sales within sales within the within 12 the the 12 12 months months months (Oct(Oct '16 (Oct -'16 Sep-'16 Sep '17) - Sep '17) '17)
Based Based on Based a rolling on a on rolling 12 a rolling month 12 month 12 period month period andperiod may and differ may and may differdiffer from calendar fromfrom calendar year calendar statistics year year statistics statistics
BasedBased on 149 Based on recorded 149 onrecorded 149 House recorded House salesHouse compared sales sales compared over compared the over lastthe over two last thetwo last two rolling rolling 12 month rolling 12 month periods 12 month periods periods
Based Based on Based a rolling on a on rolling 12 a rolling month 12 month 12 period month period andperiod may and differ may and may differdiffer from calendar fromfrom calendar year calendar statistics year year statistics statistics
Recently sold properties BV BV BV
62 FRANCESCO 62 FRANCESCO 62 FRANCESCO CRES CRES CRES
7 OSPREY 7 OSPREY 7 OSPREY TCETCE TCE
Aug Aug Aug
2017 2017 2017 Sale Price Median
Suburb Growth
$1.65m
68 Days 68 Days 68 Days
BV BV BV
122 122 BELLA 122 BELLA BELLA VISTA VISTA DR VISTA DR DR
6 6 3 +16.0%
716 m² 716 m² 716 m²6
129129 CHAPEL LANE 129 CHAPEL CHAPEL LANE LANE
3
Aug Aug Aug
2017 2017 # Sold2017 Properties 116 Days
613 15 BELLA 15 BELLA VISTAVISTA DR DR
33 3
BV BV BV
116 Days 116 Days
Jul
62 FRANCESCO CRES, BELLA VISTA 62 BINGARA BINGARA 462 bed | 2 CRES bath |CRES 4 garages 700 m² 62 BINGARA CRES
BVBV BV
$1,075,000 7A BINGARA CRES, BELLA VISTA 193 RESTON 19| RESTON GRANGE bed 2GRANGE bath | 1GRANGE garages 19 RESTON
BVBV BV
$1,510,000 122 BELLA VISTA DR, BELLA VISTA 5 FITZGERALD WAY WAY bed |5 3 FITZGERALD bath |WAY 2 garages 758 m² 56FITZGERALD
BVBV BV
$1,734,000 129 CHAPEL LANE, BELLA VISTA 3 PROVIDENCE PROVIDENCE DR| 3 DR 43 bed | 3 bath garages 701 m² 3 PROVIDENCE DR
BVBV BV
703 m² 703 m² 703 m²5
5
54 4
43 3
124 Days 124 Days 124 Days
3
704 m² 704 m² 704 m²6
Jul
2017 2017 93 Days 93 Days 2017 93 Days
10 PATRINE 10 PATRINE PL PL 10 PATRINE PL
Jun
62 BINGARA CRES, BELLA VISTA 5 bed | 2 bath | 2 garages 723 m²
$1,705,000 19 RESTON GRANGE, BELLA VISTA 5 bed | 3 bath | 3 garages 812 m²
$1,750,000 5 FITZGERALD WAY, BELLA VISTA 4 bed | 3 bath | 4 garages 750 m²
BV BV BV BV BV BV BV BV BV Prepared Prepared on 09/10/2017 on 09/10/2017 by Rayby White Ray White CastleCastle Hill, 07Hill, 3231 072200 3231at2200 Rayat White Ray White Corporate Corporate Default. Default. © Property © Property Data Solutions Data Solutions Pty LtdPty 2017 Ltd(pricefinder.com.au) 2017 (pricefinder.com.au) Source: pricefinder.com.au | Properties included may or may not be sold by Ray White
62 BINGARA 62 BINGARA 62 BINGARA CRES CRES CRES
19 RESTON 19 RESTON 19 RESTON GRANGE GRANGE GRANGE
5 FITZGERALD 5 FITZGERALD 5 FITZGERALD WAY WAY WAY
$1,410,000 3 PROVIDENCE DR, BELLA VISTA 4 bed | 2 bath | 2 garages 700 m²
742 m² 742 m² 5
5
742 m²
53 32 3 2 $1,610,000
93 BELLA VISTA DR, BELLA VISTA 175BINGARA 17|BINGARA CRES CRES 700 m² bed 4 bath | 2 garages 17 BINGARA CRES
BVBV BV 15 15 BELLA VISTA DRDRDR BELLA 15 BELLA VISTA VISTA BV BV BV
Jul
$1,223,000 Jul
Jul
BV BV BV
43 3
3
N/A
700 m² 700 m² 4 700 m²
43 32 4 3 2 $1,820,000
2
11 STOCK FARM AVE, BELLA VISTA THORNBURY CRT CRT 5 3bed | 33 THORNBURY bath | 2 garages 3 THORNBURY CRT 10 10 PATRINE PL PL PL PATRINE 10 PATRINE
BVBV BV BV BV BV
$1,710,000 $1,710,000 $1,710,000
Jun Jun
$1,410,000 Jun
2017 2017 17 BINGARA 3 THORNBURY 2017 2017 CRES, BELLA VISTA 2017 2017 CRT, BELLA VISTA 93 Days N/A N/A N/A 93 Days 93 Days 742 m² 700 m² 742 m² 742 m²5 5 700 m² 700 m²4 4 53 3 32 2 2 4 bed | 2 bath | 2 garages 703 m² 4 bed | 2 bath | 2 garages 750 m² 43 3 32 2 2
Source: pricefinder.com.au | Properties included may or may not be sold by Ray White
3 PROVIDENCE DRDRDR 3 PROVIDENCE 3 PROVIDENCE
64 4
Jun
2017 2017 N/A 22017N/A Jun
$1,700,000 $1,700,000 $1,700,000
$1,400,000
6
BVBV BVBV 15 BELLA VISTA DR BV BV $1,700,000 $1,700,000 $1,710,000 $1,710,000 93 93 BELLA VISTA DRDRBV 11 11 STOCK FARM AVE BELLA 93 BELLA VISTA VISTA DRBV STOCK 11 STOCK FARM FARM AVE AVE BV BV BV BV $1,700,000 $1,710,000
Jul
$1,400,000
Aug Aug Aug
2017 2017 2017
BV BV BV
17 17 BINGARA CRES BINGARA 17 BINGARA CRES CRES
5
BV BV BV
3 THORNBURY CRT 3 THORNBURY 3 THORNBURY CRT CRT
Bella Vista | Top 10 house sales
Bella Vista Waters | Top 10 house sales
Address
Sold date
Land size
Price
Address
Sold date
Land size
Price
1
22
STOCK FARM AVE
6/10/2017
848m2
$1,825,000
1
95
EDGEWATER DR
2/08/2017
774m2
$3,335,000
2
11
STOCK FARM AVE
2/08/2017
758m2
$1,820,000
2
74
EDGEWATER DR
7/08/2017
703m2
$2,400,000
3
5
FITZGERALD WAY
13/08/2017
750m2
$1,750,000
3
12
CLOVERHILL GR
5/06/2017
844m2
$2,350,000
4
129
CHAPEL LANE
5/08/2017
701m2
$1,734,000
4
19
ROWANBRAE CRES
9/05/2017
638m2
$2,350,000
5
19
RESTON GRA
18/08/2017
812m2
$1,705,000
5
64
NORTHRIDGE AVE
6/09/2017
663m2
$2,340,000
6
15
BELLA VISTA DR
16/07/2017
743m2
$1,700,000
6
17
NORTHRIDGE AVE
2/09/2017
779m2
$2,250,000
7
4
GORE CRES
7/08/2017
716m2
$1,630,000
7
7
OSPREY TCE
29/09/2017
702m2
$2,230,000
8
93
BELLA VISTA DR
3/08/2017
700m2
$1,610,000
8
62
NORTHRIDGE AVE
31/05/2017
679m2
$2,230,000
9
122
BELLA VISTA DR
21/09/2017
759m2
$1,510,000
9
63
EDGEWATER DR
6/08/2017
704m2
$2,080,000
10
62
FRANCESCO CRES
8/10/2017
700m2
$1,400,000
10
6
JARDINE TCE
5/05/2017
217m2
$1,270,000
Properties included may/may not be sold by Ray White
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.
Median house prices 12
$2,200,000
11
5 $1,400,000
4 3
$1,200,000
2 1
$1,000,000 OCT
SEP
AUG
JULY
JUN
MAY
APR
0 MAR
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.
6
FEB
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.
$1,600,000
JAN 2017
Blues and Greys
7
DEC
White on White
8
NUMBER OF SALES
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.
9 $1,800,000
NOV
Separating black and white block colours with grey tones creates a long lasting look that remains sophisticated.
10
$2,000,000
White and Timber
MEDIAN SALE PRICE
Black, White and Grey
SALE MONTH
Number of sales
Median sale price
9
Recent Activity
Your team
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
6
3
9
$1.25M-$1.5M
19
1
20
$1.5M-$1.75M
21
$1.75M-$2M
8
$2M-$2.5M
16
16
$2.5M-$3M
6
6
>$3M
1
1
Last 12 months 87 sales
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
10% 23%
21 1
Philip Kelly 0407 000 991
24% 10%
9
$1.5M-$1.75M 21 sales
18% 7% 1%
11
Ray White Castle Hill 02 9680 2255 287C Old Northern Rd, Castle Hill NSW 2154
raywhitecastlehill.com.au