Castle Hill Market Review | May 2018

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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


Recently sold properties

92 YARINGA RD 92 YARINGA 92 YARINGA RD RD 92 YARINGA 9292YARINGA YARINGA RD RD RD

161 PARSONAGE RD 161 PARSONAGE 161 PARSONAGE RD RD 161 PARSONAGE 161 161PARSONAGE PARSONAGE RD RD RD

$2,200,000 92 YARINGA RD bed | 3 bath | 2WAY garages 4,210 m² 20 4 AMBERWOOD 20 AMBERWOOD 20 AMBERWOOD WAY WAY 20 AMBERWOOD 2020AMBERWOOD AMBERWOOD WAYWAY WAY

$1,075,000 161 PARSONAGE RD 411bed | 1 bath | 2 garages 696 m² FERNBROOK PL 11 FERNBROOK 11 FERNBROOK PL PL 11 FERNBROOK 1111FERNBROOK FERNBROOK PL PL PL

$1,395,000 20 AMBERWOOD WAY 3 bed | 3 bath | 2 garages 874 m²

2/3 CHILDREY PL 2/3 CHILDREY 2/3 CHILDREY PL PL 2/3 CHILDREY 2/3 2/3CHILDREY CHILDREY PL PL PL

$1,104,500 2/3 CHILDREY PL 3 bed | 2 bath | 2 garages 3 SOUTHLEIGH AVE 862 m² 3 SOUTHLEIGH 3 SOUTHLEIGH AVE AVE 3 SOUTHLEIGH 3 3SOUTHLEIGH SOUTHLEIGH AVE AVE AVE

$1,398,000 11 FERNBROOK PL 4 bed | 2 bath | 2 garages 509 m²

16 Source: CASTLEWOOD DR | Properties included may or may18 pricefinder.com.au notKIRKWALL be sold by RayAVE White 16 CASTLEWOOD 16 CASTLEWOOD DR DR 18 KIRKWALL 18 KIRKWALL AVE AVE 16 CASTLEWOOD 1616CASTLEWOOD CASTLEWOOD DR DR DR 18 KIRKWALL 1818KIRKWALL KIRKWALL AVE AVE AVE $1,970,000

$1,173,000 3 SOUTHLEIGH AVE 6 bed | 2 bath | 3 garages 642 m²

$1,735,000


last lastlast 12 12months months 12 months (Apr (Apr (Apr '17 '17-'17 -Mar Mar - Mar '18) '18)'18) Based Based Based on on100 on 100recorded 100 recorded recorded Unit UnitUnit sales sales sales within within within the thethe last last last 12 12 months months 12 months (Apr (Apr (Apr '17 '17period -'17 -and Mar Mar - and Mar '18) '18) '18) Based Based Based on ona arolling on rolling a rolling 12 12month month 12 month period period andmay maydiffer may differ differ from fromcalendar from calendar calendar year yearstatistics year statistics statistics

Growth # Sold Based Based Based on ona arolling on rolling a rolling 12 12month month 12Suburb month period period period and andmay and maydiffer may differ differ from fromcalendar from calendar calendar year yearstatistics year statistics statistics

HOUSE +10.0%

359

Previous Previous Previous Median Median Median Price: Price: Price: $869,900 $869,900 $869,900 Current Current Current Median Median Median Price: Price: Price: $872,500 $872,500 $872,500 Previous Previous Previous Median Median Median Price: Price: Price: $869,900 $869,900 $869,900

Based Based Based onon256 256 on recorded recorded 256 recorded Unit Unitsales Unit salescompared sales compared compared over overthe over thelast last the two two last two rolling rolling rolling 1212month month 12 month periods periods periods

Suburb Growth Properties Based Based Based onon256 256 on recorded recorded 256 recorded Unit Unitsales Unit salescompared sales compared compared over overthe over thelast last the two two last two

UNIT +0.3%

rolling rolling rolling 1212month month 12 month periods periods periods

months months months (Apr (Apr (Apr '17 '17-'17 -Mar Mar - Mar '18) '18)'18) Based Based Based on onrecorded on recorded recorded Unit UnitUnit sales sales sales within within within the the12 the 12 12 months months months (Apr (Apr (Apr '17 '17 -period '17 -Mar Mar -and Mar '18) '18) '18)may Based Based Based on ona arolling on rolling a rolling 12 12month month 12 month period period andmay and maydiffer differ differ from fromcalendar from calendar calendar year yearstatistics year statistics statistics

# Sold Properties Based Based Based on ona arolling on rolling a rolling 12 12month month 12 month period period period and andmay and maydiffer may differ differ

100

from fromcalendar from calendar calendar year yearstatistics year statistics statistics

5/4 5/4-6 5/4 -6CRANE CRANE -6 CRANE RD RDRD

A409/299 A409/299 A409/299 OLD OLD OLD NORTHERN NORTHERN NORTHERN RD RDRD

40/2-4 40/2-4 40/2-4 PURSER PURSER PURSER AVE AVE AVE

5/4 5/4-6 5/4 -6CRANE CRANE -6 CRANE RD RDRD

A409/299 A409/299 A409/299 OLD OLD OLD NORTHERN NORTHERN NORTHERN RD RDRD

40/2-4 40/2-4 40/2-4 PURSER PURSER PURSER AVE AVE AVE

$1,150,000

$670,000

5/4 -6 CRANE RD 3 MERCER bed | 2 bath 3 garages 5/8 5/8-14 5/8 -14 -14 MERCER MERCER ST ST| ST

A409/299 OLD NORTHERN RD 14/52 bed | 1 bath | 1RD garages 4/52 4/52 PARSONAGE PARSONAGE PARSONAGE RDRD

5/8 5/8-14 5/8 -14MERCER -14 MERCER MERCER ST STST

4/52 4/52 4/52 PARSONAGE PARSONAGE PARSONAGE RD RDRD

$830,000 5/8 -14 MERCER ST 2 bed | 2 bath | 2 garages

40/2-4 PURSER AVE 19/59A bed | CASTLE 1CASTLE bath | 2ST garages 9/59A 9/59A CASTLE ST ST 9/59A 9/59A 9/59A CASTLE CASTLE CASTLE ST STST

$890,000 4/52 PARSONAGE RD 3 bed | 1 bath | 2 garages

Source: pricefinder.com.au may not be by Ray White 3/81 3/81 3/81 -87 -87CECIL -87 CECIL CECIL AVE AVE AVE | Properties included may or4/4 4/4-6 4/4 -6MERCER MERCER -6 sold MERCER ST ST ST

3/81 3/81 3/81 -87 -87CECIL -87 CECIL CECIL AVE AVE AVE

$700,000

4/4-6 4/4 -6MERCER MERCER -6 MERCER ST STST $656,000 $656,000 $656,000 4/4

$975,000 9/59A CASTLE ST 3 bed | 2 bath | 2 garages 62/59A 62/59A 62/59A CASTLE CASTLE CASTLE ST STST

62/59A 62/59A CASTLE CASTLE CASTLE ST STST $735,000 $735,000 $735,000 62/59A

5 $930,000 $930,000 $930,000


Top 10 house sales Address

Sold date

Land size

Price

1

2

COTTONWOOD PL

16/2/2018

3504m2

$3,750,000

2

19

BRAE PL

5/4/2018

941m2

$2,550,000

3

92

YARINGA RD

31/3/2018

4210m2

$2,200,000

4

41

BALINTORE DR

14/4/2018

920m2

$2,150,000

5

16

CASTLEWOOD DR

26/3/2018

2037m2

$1,970,000

6

9

RADFORD PL

22/1/2018

720m2

$1,888,000

7

12

DAVID RD

6/2/2018

1079m2

$1,880,000

8

24

SPRINGTHORPE WAY

27/2/2018

700m2

$1,860,000

9

12

ELABANA CRES

4/2/2018

765m2

$1,835,000

10

13

BRITANNIA RD

17/3/2018

929m2

$1,805,000

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

5/4

CRANE RD

13/4/2018

$1,150,000

3

3/17

PARSONAGE RD

27/2/2018

$1,150,000

4

21/61

CRANE RD

20/2/2018

$1,000,000

5

9/59

CASTLE ST

5/4/2018

$975,000

6

62/59

CASTLE ST

19/3/2018

$930,000

7

4/2

PARSONAGE RD

8/3/2018

$925,000

8

103/2

PURSER AVE

2/2/2018

$910,000

9

27/61

CRANE RD

27/2/2018

$900,000

10

4/52

PARSONAGE RD

5/4/2018

$890,000

Properties included may/may not be sold by Ray White

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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 MAR

FEB

JAN 2018

DEC

NOV

OCT

SEP

AUG

JULY

JUN

MAY

APR

$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 1

0%

1

2

0%

Last 12 months

2

4

1%

547 sales

1

1

0%

8

10

$700k-$800k

14

14

$800k-$900k

36

36

7% 7%

0-$200k

1

$300k-$400k

1

$400k-$500k

2

$500k-$600k $600k-$700k

2

$900k-$1M

12

24

36

$1M-$1.25

44

21

65

$1.25M-$1.5M

100

5

105

$1.5M-$1.75M

112

1

113

$1.75M-$2M

75

1

76

$2M-$2.5M

27

27

$2.5M-$3M

8

8

>$3M

23

23

2% 3%

$1.5M-$1.75M

12%

113 sales

19% 21% 14% 5% 1% 4%


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

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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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