Castle Hill 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
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Recently sold properties
112112 HARRINGTON 112 HARRINGTON HARRINGTON AVE AVE AVE 112112 HARRINGTON 112 HARRINGTON HARRINGTON AVE AVE AVE
1 BRACKEN 1 BRACKEN 1 BRACKEN FELL FELL CL FELL CL CL 1 BRACKEN 1 BRACKEN 1 BRACKEN FELL FELL CL FELL CL CL
$1,020,000 112 HARRINGTON AVE 4 bed | 2 bath | 2 garages 256 m² 8 LYDHAM 8 LYDHAM 8 LYDHAM PL PL PL 8 LYDHAM 8 LYDHAM 8 LYDHAM PL PL PL
$1,720,000 1 BRACKEN FELL CL 7 bed | 5 bath | 3 garages 932 m² 7 ADEY 7 ADEY 7 ADEY PL PL PL 7 ADEY 7 ADEY 7 ADEY PL PL PL
$1,600,000 8 LYDHAM PL 4 bed | 3 bath | 2 garages 755 m²
118118 DARCEY 118 DARCEY DARCEY RDRD RD 118118 DARCEY 118 DARCEY DARCEY RDRD RD
$1,375,000 118 DARCEY RD 5 bed | 3 bath | 2 garages 841 m² 1 CARRBRIDGE 1 CARRBRIDGE 1 CARRBRIDGE DRDR DR 1 CARRBRIDGE 1 CARRBRIDGE 1 CARRBRIDGE DRDR DR
$2,150,000 7 ADEY PL 5 bed | 4 bath | 4 garages 1,057 m²
Source: pricefinder.com.au | Properties included may or98 may not sold by Ray White 16 16 SOUTHLEIGH SOUTHLEIGH 16 SOUTHLEIGH AVE AVE AVE 98 FISHBURN FISHBURN 98beFISHBURN CRES CRES CRES 16 16 SOUTHLEIGH SOUTHLEIGH 16 SOUTHLEIGH AVE AVE AVE 98 98 FISHBURN FISHBURN 98 FISHBURN CRES CRES CRES
$1,950,000 1 CARRBRIDGE DR 4 bed | 3 bath | 2 garages 9 PHOENIX 9 PHOENIX 9 PHOENIX CL CL CL 9 PHOENIX 9 PHOENIX 9 PHOENIX CL CL CL
Current Median Price: $900,000
Oct
2017 Previous Median Price: $820,000 11 Days 204 m² 3 2 2017 2017 Oct Oct
204 m² 204 m² 3 3 2 2 2 Based on 286 recorded Unit sales compared over the last two rolling 12 month periods
11 Days 11 Days
Suburb Growth
HOUSE +15.2%
Based on recorded Unit sales within the 12 months (Oct '16 - Sep '17)
2 2
Suburb Growth Based on a rolling 12 month period and may differ # Sold Properties
# Sold Properties
UNIT +9.8%
414
144
from calendar year statistics
1/165 DAVID RD AVE 9/15-19 HUME 9/15-19 AVE HUME
8/342 OLD 8/342 NORTHERN OLD NORTHERN RD RD
2/79 CRANE 2/79 RD CRANE RD
00
2
$925,202
$1,362,500
8/342 OLD NORTHERN RD 4/49 PARSONAGE RD 3 bed | 2 bath | 1 garages 4/49 4/49 PARSONAGE PARSONAGE RDRD
1/165 DAVID RD 6/4-8 KERRS RD 4 bed | 2 bath | 1 garages 6/4-8 6/4-8 KERRS KERRS RDRD
2/79 CRANE RD 2A ROGER AVE 3 bed | 2 bath | 2 garages 2A 2A ROGER ROGER AVE AVE
10/342 OLD NORTHERN RD
1/41 PURSER 1/41 PURSER AVE AVE
$1,000,000
$1,100,000 $1,100,000
$1,080,000 Oct
2017 11 Days
$1,100,000
4/49 PARSONAGE RD 2017 11 Days| 2 bath 3 bed 204 m² | 2 garages 2043m² 23
$990,000
$1,310,000
Nov
Oct
2 2
2
6/4-8 KERRS RD 2017 24 Days 8,110 m² 3 bed | 2 bath | 2 garages
Source: pricefinder.com.au | Properties included may or may not be sold by Ray White
3
2
2
2A ROGER AVE 3 bed | 2 bath | 2 garages 5
Top 10 house sales Address
Sold date
Land size
Price
1
35
ASHMEAD AVE
5/10/2017
712m2
$2,490,000
2
29
PIONEER PL
28/9/2017
701m2
$2,400,000
3
17
MCINTYRE PL
15/9/2017
851m2
$2,300,000
4
27
LYGON PL
14/9/2017
737m2
$2,300,000
5
61
ULUNDRI DR
3/11/2017
713m2
$2,300,000
6
7
ADEY PL
9/11/2017
1057m2
$2,150,000
7
11
CRINAN CRT
15/9/2017
980m2
$2,150,000
8
9
WORTHING AVE
21/10/2017
841m2
$2,150,000
9
6
NEVIS PL
18/9/2017
740m2
$2,000,000
10
120
SHOWGROUND RD
21/10/2017
935m2
$1,988,000
Properties included may/may not be sold by Ray White
Top 10 unit sales Address
Sold date
Price
1
9/375
OLD NORTHERN RD
29/9/2017
$1,205,000
2
2/79
CRANE RD
4/11/2017
$1,100,000
3
1/41
PURSER AVE
30/10/2017
$1,100,000
4
4/49
PARSONAGE RD
27/9/2017
$1,080,000
5
10/342
OLD NORTHERN RD
11/11/2017
$1,000,000
6
18/342
OLD NORTHERN RD
11/11/2017
$1,000,000
7
6/4
KERRS RD
23/9/2017
$990,000
8
12/67
BRISBANE RD
24/11/2017
$940,000
9
8/342
OLD NORTHERN RD
8/11/2017
$925,202
10
22/81
CECIL AVE
7/9/2017
$910,000
Properties included may/may not be sold by Ray White
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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 60
$1,600,000
55 50
$1,500,000
45 40
$1,450,000
35 30
$1,400,000
20
$1,350,000
15 10
$1,300,000
5 0 NOV
OCT
SEP
AUG
JULY
JUN
MAY
APR
MAR
FEB
JAN 2017
DEC
$1,250,000
NUMBER OF SALES
MEDIAN SALE PRICE
25
SALE MONTH
Number of sales
Median sale price
9
Recent Activity Sales by Price - Last 12 months House
Unit
$300k-$400k
1
2
3
1%
$400k-$500k
3
2
5
1%
Last 12 months
$500k-$600k
1
1
2
0%
538 sales
$600k-$700k
2
6
8
$700k-$800k
1
17
18
$800k-$900k
1
46
47
$900k-$1M
13
29
42
$1M-$1.25
33
23
56
$1.25M-$1.5M
93
7
100
$1.5M-$1.75M
128
3
131
$1.75M-$2M
75
1
76
$2M-$2.5M
30
1
31
$2.5M-$3M
8
8
>$3M
11
11
1% 3% 9% 8% 10%
$1.5M-$1.75M 19% 24%
14% 6% 1% 2%
131 sales
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
Sam Anic 0409 981 654
Paul Conti 0414 981 005
Peter Iann 0488 002 222
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Ray White Castle Hill 02 9680 2255 287C Old Northern Rd, Castle Hill NSW 2154
raywhitecastlehill.com.au