Castle Hill 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. 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. 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.
It has been a great start to the year with Ray White Castle Hill hosting a community barbeque in celebration of Australia Day. The agents donated their time to cook up a storm & chat with the locals, it was a wonderful afternoon for all. At Ray White Castle Hill we enjoy every opportunity to mix with our local community and we will be hosting more events like this throughout the year. We hope to see you soon, please see our facebook page for upcoming events. Should we be able to assist in anyway please do not hesitate to contact us or the team at Ray White Castle Hill. We look forward to another successful year!
Philip Kelly and David Dowling Directors | Ray White Castle Hill 3
Mar Mar Mar
2018 Mar2018 Mar2018 Mar 28 Days 28 Days 28 Days 2018 2018 2018
Mar Mar Mar
740 m² 740 m² 740 m²3
3 3
32 32
2 2
Recently sold properties 28 Days 28 Days 28 Days
21 21 FERNBROOK 21 FERNBROOK FERNBROOK PL PL PL 21 21 FERNBROOK 21 FERNBROOK FERNBROOK PL PL PL
740 m² 740 m² 740 m²3
22 22
1/161 1/161 1/161 DAVID DAVID DAVID RDRDRD 1/161 1/161 1/161 DAVID DAVID DAVID RDRDRD
$1,435,000 21 FERNBROOK PL 4FRANCIS bed | 2STbath | 2 garages 601 m² 44A44A FRANCIS 44A FRANCIS ST ST 44A44A FRANCIS 44A FRANCIS FRANCIS ST ST ST
2 2
145 Days 145 Days 145 Days
701 m² 701 m² 701 m²5 701 m² 701 m² 701 m²5
1/161 DAVID RD bed | 2IRENE bath 1 garages 308 m² 3 MARY 33MARY 3 MARY IRENE IRENE PL| PL PL 3 MARY 3 MARY 3 MARY IRENE IRENE IRENE PL PL PL
Source: pricefinder.com.au | Properties included may or may not be sold by Ray White
52 52
2 2
$1,608,000 21 CHEPSTOW DR bed 3 bath | 2 garages 578 m² 24-4 2 COTTONWOOD -42|COTTONWOOD -4 COTTONWOOD PL PL PL 2 -42 COTTONWOOD -42 COTTONWOOD -4 COTTONWOOD PL PL PL
$1,400,000 3 MARY IRENE PL 4 bed | 2 bath | 2 garages 801 m²
5 5
21 21 CHEPSTOW 21 CHEPSTOW CHEPSTOW DRDRDR 21 21 CHEPSTOW 21 CHEPSTOW CHEPSTOW DRDRDR
$1,280,000
$1,170,000 44A FRANCIS ST 3 bed | 2 bath | 2 garages 533 m²
2 2
2018 Mar2018 Mar2018 Mar 145 Days 145 Days 145 Days 2018 2018 2018
$3,750,000 2 - 4 COTTONWOOD PL 6 bed | 5 bath | 5 garages
22 22
2 2
2 2
last last 12 12months months (2017) (2017) Based Basedon on132 132 recorded recorded Unit Unit sales saleswithin withinthe the lastrecorded 12 months (2017) Based on 132 sales(2017) within the last last12 12Unit months months (2017) last 12 months (2017)
Based Basedon onaarolling rolling12 12month monthperiod periodand andmay maydiffer differ Based on a rolling from 12 month period and may differ calendar calendar year year statistics statistics Based Basedon onaafrom rolling rolling 12 12month month period period and andmay maydiffer differ from calendar year statistics Based on a rolling from 12 month period and may differ from calendar calendar year year statistics statistics Suburb Growth # Sold from calendar year statistics
HOUSE +14.4%
405
4/2 4/2 PARSONAGE PARSONAGE RD RD 4/2 PARSONAGE RD RD 4/2 4/2 PARSONAGE PARSONAGE RD 4/2 PARSONAGE RD
Current CurrentMedian Median Price: $890,000 Previous Previous Median MedianPrice: Price: Price:$890,000 $843,500 $843,500 Previous MedianPrice: Price: $843,500 Current Median Previous Previous Median Median$890,000 Price: Price:$843,500 $843,500 Previous Median Price: $843,500
Based Basedon on282 282recorded recordedUnit Unitsales salescompared comparedover overthe thelast lasttwo two Based on 282 recorded Unitrolling sales compared over the last two rolling 12 12month month periods periods Based Basedon onrolling 282 282recorded recorded Unit Unit sales salescompared compared over overthe thelast lasttwo two 12 month periods rollingcompared 12 12month monthperiods periods Based on 282 recorded Unitrolling sales over the last two rolling 12 month periods
Properties
UNIT +5.5%
27/61 27/61 CRANE CRANE RD RD 27/61 27/61 CRANE RD RD 27/61 CRANE CRANE RD 27/61 CRANE RD
$925,000 4/2 PARSONAGE RD 3 bed 2HUME bath AVE |AVE 2 garages 44/12 44/12 -18 -18| HUME 44/12 44/12 -18 HUME AVE AVE 44/12 -18 -18 HUME HUME AVE 44/12 -18 HUME AVE
Based Basedon onaarolling rolling12 12month monthperiod periodand andmay maydiffer differ Based on a rolling from 12 month period and may differ calendar calendar year year statistics statistics Based Basedon onaafrom rolling rolling 12 12month month period period and andmay maydiffer differ from calendar year statistics on a rolling from 12 month period and may differ from calendar calendar year year statistics statistics # Based Sold Properties from calendar year statistics
132
3/17 3/17 PARSONAGE PARSONAGE RD RD 3/17 PARSONAGE RD RD 3/17 3/17 PARSONAGE PARSONAGE RD 3/17 PARSONAGE RD
$900,000 27/61 CRANE RD 36/77 bedOLD | 2 bath | 2 garages 6/77 OLD CASTLE CASTLE HILL HILL RD RD 6/77 OLD HILL RD 6/77 6/77CASTLE OLD OLD CASTLE CASTLE HILL HILL RD RD 6/77 OLD CASTLE HILL RD
$830,000 44/12 -18 HUME AVE 2 bed | 2 bath | 2 garages
Suburb Growth
months months (2017) (2017) Based Basedon onrecorded recorded Unit Unit sales saleswithin withinthe the12 12 months (2017) Based on recorded Unit sales(2017) within the 12 months months (2017) months (2017)
$1,150,000 3/17 PARSONAGE RD 3 bed | 2 bath | 2 garages 103/2 103/2 -4 -4 PURSER PURSER AVE AVE 103/2 103/2 -4 PURSER AVE AVE 103/2 -4 -4 PURSER PURSER AVE 103/2 -4 PURSER AVE
$1,280,000 6/77 OLD CASTLE HILL RD 4 bed | 2 bath | 2 garages
Source: pricefinder.com.au | Properties included may or may54/16-20 not be soldMERCER by Ray White 54/16-20 MERCER ST ST
54/16-20 MERCER ST ST 54/16-20 54/16-20 MERCER MERCER ST 54/16-20 MERCER ST
$910,000 103/2 - 4 PURSER AVE 2 bed | 2 bath | 2 garages
299-311 299-311 OLD OLD NORTHERN NORTHERN RD RD 299-311 OLD NORTHERN RD RD 299-311 299-311 OLD OLD NORTHERN NORTHERN RD 299-311 OLD NORTHERN RD $840,000 $840,000
5 $890,000 $890,000
Top 10 house sales Address
Sold date
Land size
Price
1
4
VIVIEN PL
5/12/2017
771m2
$3,797,366
2
2
COTTONWOOD PL
16/2/2018
3504m2
$3,750,000
3
8
PALISANDER PL
23/12/2017
2002m2
$2,436,666
4
4
HUNTINGDALE CIR
5/12/2017
922m2
$2,240,000
5
35
AMBERWOOD WAY
16/12/2017
1069m2
$2,070,000
6
14
BARRAWARN PL
6/12/2017
696m2
$1,900,000
7
9
RADFORD PL
22/1/2018
720m2
$1,888,000
8
12
DAVID RD
6/2/2018
1079m2
$1,880,000
9
12
YERONG PL
12/7/2017
902m2
$1,880,000
10
12
ELABANA CRES
2/9/2018
765m2
$1,835,000
Properties included may/may not be sold by Ray White
Top 10 unit sales Address
Sold date
Price
1
6/77
OLD CASTLE HILL RD
21/2/2018
$1,280,000
2
3/17
PARSONAGE RD
27/2/2018
$1,150,000
3
9/2
PARSONAGE RD
11/12/2017
$1,100,000
4
12/79
CRANE RD
3/12/2017
$1,050,000
5
1/27
PURSER AVE
6/12/2017
$1,010,000
6
29
KINGUSSIE AVE
15/1/2018
$950,000
7
4/2
PARSONAGE RD
8/3/2018
$925,000
8
103/2
PURSER AVE
12/2/2018
$910,000
9
27/61
CRANE RD
27/2/2018
$900,000
10
299
OLD NORTHERN RD
8/2/2018
$890,000
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 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 FEB
JAN 2018
DEC
NOV
OCT
SEP
AUG
JULY
JUN
MAY
APR
MAR
$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
1
1
0%
531 sales
$500k-$600k $600k-$700k
2
5
7
1%
$700k-$800k
1
14
14
$800k-$900k
1
35
35
7%
$900k-$1M
12
25
37
7%
$1M-$1.25
40
26
66
$1.25M-$1.5M
94
5
99
$1.5M-$1.75M
112
2
114
$1.75M-$2M
76
1
77
$2M-$2.5M
28
28
$2.5M-$3M
7
7
>$3M
16
16
3%
12%
$1.5M-$1.75M 19% 21%
15% 5% 1% 3%
114 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
Margarete Kwarcinski 9680 2255
Kieron Stedman 0433 124 734
Matthew Langdon 0431 037 478
Hilda Bandiera 9680 2255
Paul Conti 0414 981 005
Robbie Awad 0428 888 648
Joseph Meyer 0417 675 741
Phil Haq 0452 054 290
Sylvester Wijaya 02 9680 2255
Joel Simpson 0450 907 598
Hannah Dowling 9680 2255
Peter Iann 0488 002 222
Paul Conti 0414 981 005
Tony Yee 02 9680 2255
Warren Tam 0412 067 934
Yong Park 0402 486 424
11
Ray White Castle Hill 02 9680 2255 287C Old Northern Rd, Castle Hill NSW 2154
raywhitecastlehill.com.au