Bella Vista & Bella Vista Waters Market Review | Feb 2018

Bella Vista & Bella Vista Waters Market Report Summer 2018

Ray White Castle Hill is the proud sponsor of

Welcome 2018 is well under way and it promises to be a very interesting year in the property market especially in the Hills District. It would be fair to say that in the latter part of 2017 we reverted back into what is probably best described as a normal market which was expected.

However, there certainly has not been the burst bubble promised by so many experts.

As always the Little Ray of Giving was a huge success. We provided the opportunity for members of the community to donate gifts for children who otherwise would miss out at Christmas. This is a truly a rewarding project and we are delighted with the response! It may seem a long time from now however we are already in planning for the same appeal later this year.

What is clear in the current climate is that the skill of the agent is key to the success of the seller. The gap between performing agents and the rest is beginning to grow as the effort and ability of agents is put to the test.

Choosing the agent that will work harder has become more and more important in this market.

Should we be able to assist in anyway please do not hesitate to contact the team at Ray White Castle Hill.

We look forward to another successful year!

The year finished with Ray White Castle Hill as the number one listing agent in Castle Hill with a significantly growing market share in our home suburb. We’re extremely grateful for the support we have seen from the community in this area and we intend on continuing to work hard to deliver the best results for valued members of our community.

Philip Kelly and David Dowling Directors | Ray White Castle Hill

3

months (2017) Oct

Based on a rolling 12 month period and may differ from calendar year statistics

two

Recently sold properties

8 ASHBURN 8 ASHBURN CLCL 16 SKYLARK CCT 50,000

BVW BVW BV

FRANCESCO BV BV 12 62 PRESTIGE AVE CRES 9 WIRRABROOK 9 WIRRABROOK RISE RISE BVW BV BVW 3 ADELAIDE GR

$1,400,000 $1,500,000

Oct

3

$2,200,000 8 ASHBURN CL, BELLA VISTA WATERS 519 bed | 3 bath | 3 garages 662 m² RAVENSWOOD RISE BVW

8 ASHBURN CL 70,000

BVW

Oct

2017 2017 25 Days 54 Days

2017 2017 Nov 46 Days

41 Days

4 4$2,600,000 2 2 2 4

9 WIRRABROOK RISE, BELLA VISTA WATERS 5 bed | 4 bath | 3 garages 741 m² BVBVW PIPERSBROOK 22 12A STOCK FARM AVE CRES 9 WIRRABROOK RISE BVW

7

BV STOCK FARM AVE 18 22 CROWN TCE BVBV 25 25 PRESTIGE PRESTIGE AVE AVE BV 9 KENTRIDGE PL BVW

Oct

700 m² 700 m²

4

700 m² 795 m²

2 4

2 5

62 F $1,825,000 $1,785,000

Oct

2017 2017 44 Days 25 Days

848 m² 726 m²

4 4 3 3 3 2 $2,350,000

9 KENTRIDGE PL, BELLA VISTA WATERS 4 bed | 4 bath | 3 garages 741 m² BVW 7 OSPREY TCE 25 PRESTIGE AVE BV

12A

$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

$3,368,000 19 RAVENSWOOD RISE, BELLA VISTA WATERS 7 bed | 4 bath | 5 garages 795 m²

Oct $2,212,000 2017 44 Days 848 m² 4 3 VISTA 2WATERS 12A PIPERSBROOK CRES, BELLA 5 bed | 2 bath | 4 garages 720 m²

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

122 BELLA VISTA DR

BV

$2,230,000 7 OSPREY TCE, BELLA VISTA WATERS 4 bed | 3 bath | 3 garages 700 m²

S

20 18

14 IB

Current Median Previous MedianPrice: Price:$1,701,000 $1,422,500 Previous Median Price: $1,422,500 Current Median Price: $1,701,000 Previous Median Price: $1,422,500 Based on 164 recorded House sales compared over the last two

12 recorded months (Oct '16 sales - Sep within '17) the Basedlast on 76 House last 12 months (Oct '16 - Sep '17) Based on 76 recorded House sales within the last 12 (Oct '16period - Sepand '17) Based onmonths a rolling 12 month may differ calendar yearperiod statistics Based on afrom rolling 12 month and may differ

Suburb Growth Median Sale from Price calendar year statistics

$1.75m

+17.3%

Based on a rolling 12 month period and may differ from calendar year statistics

9 COORUMBENE CRT 8 ASHBURN CL BVW 9 COORUMBENE CRT 9 COORUMBENE CRT

BV BV BV

rolling 12 month Based on 164 recorded House sales periods compared over the last two rolling 12 month periods Based on 164 recorded House sales compared over the last two rolling 12 month periods

# Sold Properties

58

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

8 ASHBURN CL BVW 25 PRESTIGE AVE BV 62 PRESTIGE AVE 19 RAVENSWOOD RISE BV 9 WIRRABROOK RISE AVE 62 PRESTIGE AVE BVWBV $2,200,000 25 PRESTIGE 19 RAVENSWOOD RISE BV 62 PRESTIGE AVE

BV

19 RAVENSWOOD RISE

17 BVW BVW $1,965,000 BVW $3,368,000 $3,368,000

$3,368,000

Oct

Oct

2017 28 Days

662 m²

$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 BV $1,500,000 16 SKYLARK CCT

BV

5

3

$1,770,000

3

62 PRESTIGE AVE, BELLA VISTA 1818 CROWN BV BV BV TCE| 2 4CROWN bed | 2TCE bath garages 738 m² 3 ADELAIDE GR BV 3 ADELAIDE GR $1,785,000 3 ADELAIDE GR

BV

2017Nov 11 Days 2017 Nov 41 Days 2017 Nov41 Days

704 m² 795 m²

5

3

7 4 $1,965,000

2

795 m²

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

Oct

726 m²

4 $1,785,000 3 3

5

7 4 5 2017 25 PRESTIGE AVE, BELLA 41 Days 795 m² VISTA 7 4 5 62 FRANCESCO CRES BVBV PRESTIGE 5 12 bed | 3 bath | 2AVE garages 704 m² 9 KENTRIDGE PL BVW BVW 9 KENTRIDGE PL $1,500,000 9 KENTRIDGE PL BVW

2017 46 Days

700 m²

$1,400,000 4 2

2

16 SKYLARK CCT, BELLA VISTA 18 CROWN TCE, BELLA VISTA 62 FRANCESCO CRES, BELLA VISTA 4 bed | 2 bath | 2 garages 384 m² 4 bed | 3 bath | 3 garages 726 m² 4 bed | 2 bath | 4 garages 700 m² BV BVWBV 22 STOCK FARM AVE 7 OSPREY TCE 12A CRES BVBVW 62 FRANCESCO CRES 22 PIPERSBROOK STOCK FARM AVE 5 pricefinder.com.au | Properties included may or may 9 notWIRRABROOK be sold by Ray White 8 Source: ASHBURN CL RISE BVW 25 PRESTIGE AVE BVW BV 8 ASHBURN CL 9 WIRRABROOK RISE BVW 25 PRESTIGE AVE BVW $1,825,000 BV $2,212,000 $1,400,000 $1,825,000

Bella Vista | Top 5 house sales Address

Sold date

Land size

Price

1

17

SACOYA AVE

21/10/2017

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

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

10/10/2017

741m2

$2,600,000

3

74

EDGEWATER DR

7/8/2017

703m2

$2,400,000

4

9

KENTRIDGE PL

8/11/2017

741m2

$2,350,000

5

64

NORTHRIDGE AVE

30/8/2017

663m2

$2,340,000

Properties included may/may not be sold by Ray White

7

Autumn is planting season

By Jenna Beck Source: http://flowerpower.com.au/gardening-is-planting-season/

It’s usually when spring arrives that we feel the rush to plant in our gardens, inspired by the new growth and colourful blooms that are bursting open everywhere.

The thing is though, these lush plants are looking gorgeous not because they’ve just been put in the ground, but because they are established and as eager as you are to get into the swing of spring.

The secret then to a gorgeous spring garden isn’t a planting frenzy in early spring, but right now!

The Autumn weather is perfect for gardens to be planted. It can be difficult for plants to adjust to a new garden bed, and autumn offers the ideal temperature – not too hot like summer, not too cool like winter – to reduce the risk of transplant shock. What’s more, there are still several months ahead of great growing weather, which gives your new plants time to establish before spring. So while it may not look like much is happening for a newly bedded plant, all of the activity is going on below the surface as the root system gets settled and expands. This means that, come spring, the plant has great access to water and nutrients and is feeling secure in its new position – ready to make the most of the spring sunshine as soon as the weather starts to warm up!

To really see the best results with your plants, it’s important to prepare the soil properly. Add gypsum to clay soil to help improve its structure, and no matter your soil type you’ll need to regularly add organic matter. This might be manure (ensure it’s fully composted so that you don’t burn the roots), pelletised fertiliser or compost. This will add nutrients back into your soil and feed your soil microorganisms. It’s these microorganisms that do the hard work and will ensure that your soil structure has a good balance of water retention and drainage, and let plants thrive.

So take the time now to think about what you’d like to add to your garden, and get planting this autumn for your best spring garden ever!

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 DEC

NOV

OCT

SEP

AUG

JULY

JUN

MAY

APR

MAR

FEB

JAN 2017

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%

85 sales

1

1

1%

5

8

1

$700k-$800k $900k-$1M $1M-$1.25

3

$1.25M-$1.5M

18

18

$1.5M-$1.75M

17

17

$1.75M-$2M

13

$2M-$2.5M

17

17

$2.5M-$3M

6

6

>$3M

2

2

1

9% 21% 20%

14

18 sales

16% 20% 7% 2%

$1.25M-$1.5M

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

Peter Iann 0488 002 222

Paul Conti 0414 981 005

11

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

raywhitecastlehill.com.au