Bella Vista & Bella Vista Waters Market Review | Mar 2018

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Bella Vista & Bella Vista Waters Market Report Autumn 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


Based on 71 recorded House sales within the last 12 months (2017) 68 Days 12 Days 384 739 m² m² 4 4 2 3 2 2 Nov Nov

Nov Nov

Current Median Price: $1,750,000

Previous Median Price: $1,492,500 2017 2017

2017 2017

52 Days 68 Days

925 384 m² m²

6 4

4 2

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

9 KENTRIDGE PL BVW

BV

0 16 SKYLARK 12 MIDDLEBROOK RISE BVW CCT

83 Days

Nov

2017

Based on 151 recorded House sales compared over the last two rolling 12 month periods

62 PRESTIGE AVE BV BV 12 PRESTIGE AVE $2,350,000 19 RAVENSWOOD RISE BV BVW 3 ADELAIDE GR

Nov

2017

4 2

Based Nov on recorded House sales within the 12 months (2017) 2017 52 Days 925 m² 6 4 4

41 Days

62 PRESTIGE AVE BV 18 CROWN TCE BV $1,770,000 9 KENTRIDGE PL BVW

$1,500,000

Nov

741 m²

4

4

$2,400,000

3

2017 30 Days 2017 Oct

54 Days

Based on a rolling 12 month period and may differ from calendar year 795 m² 7 statistics 4 5

62 F

$1,770,000 $1,785,000

Nov

4

738 m² 700 m²

4

2

2 2 $3,368,000

Oct

2

2017 25 Days

2017 30 Days

738 m² 726 m²

4

2

4 3 3 $2,350,000

12 MIDDLEBROOK RISE, BELLA VISTA WATERS 19 RAVENSWOOD RISE, BELLA VISTA WATERS 9 KENTRIDGE PL, BELLA VISTA WATERS 37THE POINTE POINTE BVW 741 m² 25 8PRESTIGE ASHBURN AVE CL| BVW BV 25 PRESTIGE BV 5 bed | 4 bath 3 garages 798 m² bed | 4 bath |BVW 5AVE garages 795 m² 4 bed3| THE 4 bath | 3 garages BV BVW 22 STOCK FARM AVE 7 OSPREY TCE $1,965,000 9 WIRRABROOK RISE $1,965,000 7 SPRINGFIELD CRES BV 8 ASHBURN CL 25 PRESTIGE AVE BVW BVW BV

2

12A

$1,825,000

$1,650,000 7 3231 2200 at Ray White Corporate Default. © Property Data Solutions Pty Ltd 2018 (pricefinder.com.au)

only. © The State of New South Wales (Land and Property Information - LPI) February/2018. Contains property sales information vices, Land and Property Information (LPI) Issue Date: 05/02/18 and may be combined with property attribute data and photographs from om Non-Government sources. Please use as a guide only. Neither Veda nor LPI make any representations or warranties about ny particular purpose and disclaims all responsibility and all liability (including without limitation, liability in negligence) for all expenses, nd 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 nance and Services, Land and Property Information. Oct

2017

Oct

Jan

704 m²

5 $2,200,000 3 2

2017

$1,980,000 704 m² 5 3 2017 44 Days 848 m² 4 VISTA3 WATERS2 82018 ASHBURN CL, BELLA VISTA WATERS 3 THE POINTE BVW, BELLA N/A m² 5662 m²3 2 5 bed | 3 bath | 3948garages 4 bed | 2 bath | 2 garages 422 m² 35 17 SKYLARK SACOYACCT AVEBV BV 18 35 CROWN SKYLARK TCE CCT BV BV Source: pricefinder.com.au | Properties included may or may not be sold by Ray White 122 BELLA VISTA DR BV 11 Days

$1,360,000

Oct

11 Days

$2,230,000

2

7 OSPREY TCE, BELLA VISTA WATERS 4 bed | 3 bath | 3 garages 700 m² 18 CROWN TCE BV

$1,785,000 $1,360,000

19 RAVENSWOOD RISE BVW

S

20 18

14 IB

$1,785,000


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

71

(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 2017 83 Days months (Oct - Sep '17) Based on a 741 rolling 12 '16 month period m² 4 4and may3differ Nov

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 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

25 PR

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

$3,368,000

Oct

2017 28 Days

$1,480,000 9 COORUMBENE CRT, BELLA VISTA 4 bed | 3 bath | 2 garages 739 am² 16 SKYLARK CCT BV 16 SKYLARK CCT BV 16 SKYLARK CCT BV

662 m²

5

3

$1,770,000

3

62 PRESTIGE AVE, BELLA VISTA BV 184CROWN TCE| 2 bed | 2 bath garages BV 738 m² 3 ADELAIDE GR BV 3 ADELAIDE GR 3 ADELAIDE GR

O

Oct

BV

2017Nov 11 Days 2017 Nov 41 Days 2017 Nov41 Days

704 m² 795 m²

5

3

7 4 $1,965,000

2

20

11 D

5

7 4 5 2017 25 PRESTIGE AVE, BELLA 41 Days 795 m² VISTA 7 4 5 175SACOYA AVE BV 35 SK BV 704 m² 12 PRESTIGE bed | 3 bath | 2AVE garages 9 KENTRIDGE PL BVW BVW 9 KENTRIDGE PL $1,500,000 9 KENTRIDGE PL BVW 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.

O

Oct

$1,320,000 16 SKYLARK CCT, BELLA VISTA 4 bed | 2 bath | 2 garages 384 m²

$1,785,000

18 CROWN TCE, BELLA VISTA 4 bed | 3 bath | 3 garages 726 m² 62 FRANCESCO CRES BV pricefinder.com.au | Properties included may or may 9 notWIRRABROOK be sold by Ray White 8 Source: ASHBURN CL RISE BVW BVW 8 ASHBURN CL 9 WIRRABROOK RISE BVW BVW $1,400,000

2017 46 Days

700 m²

$2,605,000 4 2

2

17 SACOYA AVE, BELLA VISTA 6 bed | 3 bath | 2 garages 2,142 m² 22 STOCK FARM AVE BV 5 25 PRESTIGE AVE BV 25 PRESTIGE AVE BV $1,825,000

20

21 D


Bella Vista | Top 5 house sales Address

Sold date

Land size

Price

1

17

SACOYA AVE

21/10/2017

2,142m2

$2,605,000

2

25

PRESTIGE AVE

23/10/2017

704m2

$1,965,000

3

22

STOCK FARM AVE

26/9/2017

848m2

$1,825,000

4

2

MATTHEW PL

1/8/2017

865m2

$1,820,000

5

3

ADELAIDE GR

9/11/2017

925m2

$1,800,000

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

11/16/2017

795m2

$3,368,000

2

95

EDGEWATER DR

8/2/2017

774m2

$3,335,000

3

9

WIRRABROOK RISE

10/10/2017

741m2

$2,600,000

4

12

MIDDLEBROOK RISE

2/6/2018

798m2

$2,400,000

5

74

EDGEWATER DR

8/7/2017

703m2

$2,400,000

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 JAN 2018

DEC

NOV

OCT

SEP

AUG

JULY

JUN

MAY

APR

MAR

FEB

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%

86 sales

1

1

1%

6

8

1

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

2

$1.25M-$1.5M

15

15

$1.5M-$1.75M

20

20

$1.75M-$2M

12

$2M-$2.5M

18

18

$2.5M-$3M

6

6

>$3M

2

2

1

9% 17% 23%

13

20 sales

15% 21% 7% 2%

$1.5M-$1.75M


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

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

raywhitecastlehill.com.au


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