Castle Hill Market Review | Nov 2017

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Castle Hill Market Report Spring 2017


Welcome Ray White Castle Hill is the proud sponsor of

With Spring quickly moving into Summer we are seeing some of the expected seasonal impact on our immediate market. Coupling this with some of the bigger changes which are affecting our market mean these are certainly interesting days. As is usually the case at this time of year many properties are coming to market as the Spring trend takes full effect. With interest rates staying on hold for the time being the current window is likely to continue for sometime.

So far this year our auctions have produced 56/57 selling above our vendors 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 the team. A number of 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!

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.

As we move into the final months of the year we will once again be involved in the Little Ray of Giving program where our office will collect gifts from members of our community and will distribute to those in need. Should you require further information please do not hesitate to contact our office in relation to this.

Philip Kelly and David Dowling Directors | Ray White Castle Hill 3


Aug

Recently sold properties

8 COTTAGE ST 8 COTTAGE ST 8 COTTAGE ST 8 COTTAGE 8 COTTAGE 8 COTTAGE ST ST ST

6 NEVIS PL 6 NEVIS6PL NEVIS PL 6 NEVIS 6 NEVIS 6PL NEVIS PL PL

Suburb Growth

HOUSE +14.6%

171 EXCELSIOR AVE 171 EXCELSIOR AVE 171 EXCELSIOR AVE 171 EXCELSIOR 171171 EXCELSIOR EXCELSIOR AVE AVE AVE

Suburb Growth

# Sold Properties

UNIT +9.8% 340 6/21 DAN 6/21CRES DAN CRES 6/21 DAN AVE CRES 6/15-19 6/15-19 HUME HUME AVE 38/2-4 PURSER AVE

7/48 FRANCIS 7/48 FRANCIS ST ST

Aug

2017 2017 36 Days 36 Days # Sold Properties

128

3

23

22

2

8/33-39 8/33-39 CECIL AVE CECIL AVE

$1,082,000 $1,082,000 14/1 CHERITON AVE $1,082,000

$845,000

Jul

$1,525,000 8 COTTAGE 29 PIONEER PLST 4 bedPL | 2 bath | 2 garages 468 m² 29 PIONEER 29 PIONEER PL 29 PIONEER 29 29 PIONEER PIONEER PL PL PL

$2,400,000

$2,000,000 6 NEVIS PL 46 RONDELAY DR 4 bed | 2 bath 740 m² 46 RONDELAY DR | 2 garages 46 RONDELAY DR 46 RONDELAY 46 46 RONDELAY RONDELAY DR DRDR

$1,220,000 17126 EXCELSIOR AVE CCT SAN GIORGIO bed |GIORGIO 2 bath | 2CCT garages 402 m² 263 SAN 26 SAN GIORGIO CCT 26 SAN 26 26 SAN GIORGIO SAN GIORGIO GIORGIO CCT CCT CCT

$1,300,000

7/48 FRANCIS ST 3/12-183/12-18 SHERWIN SHERWIN AVE AVE 3 bed | 1 bath | 2 garages 3/12-18 SHERWIN AVE

46 RONDELAY DR 26 SAN GIORGIO CCT 4 bed | 2 bath | 1 garages 703 m² 4 bed | 3 bath | 2 garages 304 m² 16 BOWMAN AVE 16 YARINGA RD BOWMAN AVE 16 YARINGA RD Source: pricefinder.com.au | Properties included may16 or may not be sold by Ray White 16 BOWMAN AVE 16 YARINGA RD 16 BOWMAN 16 16 BOWMAN BOWMAN AVE AVE AVE 16 16 YARINGA YARINGA RD RDRD $1,490,00016 YARINGA

$1,950,000 $1,950,000 $1,950,000

6/15-19 HUME AVE

$812,000 3/12-18 SHERWIN AVE 2 bed | 2 bath | 2 garages

Jul

Jul

2017 2017 16 Days 16 Days 3 73/59A CASTLE ST 3 bed | 2 bath | 2 garages

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

3/12-18 3/12-18 SHERWIN SHERWIN AVE AVE

3

16 Days

32 2 3 2 $920,000

38/2-4 PURSER AVE 73/59A73/59A CASTLE CASTLE ST ST 1 bed | 2 bath | 1 garages 73/59A CASTLE ST 6/21 DAN 6/21 CRES DAN CRES

7/48 FRANCIS ST

$1,200,000

29 PIONEER PL 5 bed | 3 bath | 2 garages 701 m²

$1,490,000 $1,490,000

$880,000

Jul

2017 Jul2017 16 Days 16 Days 2017

73/59A CASTLE 73/59A CASTLE ST ST 6/21 DAN CRES

2 2

$850,000 2017 36 Days 3 2 8/33-39 CECIL AVE 92/23-35 92/23-35 CRANE CRANE RD RD 1 bed | 1 bath | 1 garages 92/23-35 CRANE RD Aug

2

8/33-39 CECIL AVE

$1,082,000 $1,082,000

$950,000 23

22

$935,000 292/23-35 CRANE RD

3 bed | 2 bath | 4 garages

92/23-3592/23-35 CRANE CRANE RD RD

5


Top 10 house sales Address

Top 10 unit sales

Sold date

Land size

Price

Address

Sold date

Price

1

21-25

GARTHOWEN CRES

8/08/2017

2,768m2

$6,400,000

1

21/9

GARTHOWEN CRES

4/07/2017

$1,300,000

2

10

KENTWELL AVE

8/07/2017

702m2

$2,670,000

2

9/375

OLD NORTHERN RD

29/09/2017

$1,205,000

3

1

WORTHING AVE

26/08/2017

841m2

$2,625,000

3

6/21

DAN CRES

26/07/2017

$1,082,000

4

35

ASHMEAD AVE

5/10/2017

712m2

$2,490,000

4

4/49

PARSONAGE RD

27/09/2017

$1,080,000

5

29

PIONEER PL

28/09/2017

701m2

$2,400,000

5

26/33

CECIL AVE

24/07/2017

$1,010,000

6

27

LYGON PL

21/09/2017

737m2

$2,300,000

6

6/4

KERRS RD

23/09/2017

$990,000

7

11

CRINAN CRT

15/09/2017

980m2

$2,150,000

7

117/23

CRANE RD

8/07/2017

$965,000

8

58

CASTLE ST

12/08/2017

835m2

$2,020,000

8

18/11

HARRINGTON AVE

12/07/2017

$954,000

9

24

HIGHCLERE PL

26/08/2017

816m2

$2,010,000

9

73/59

CASTLE ST

18/07/2017

$950,000

10

6

NEVIS PL

29/09/2017

740m2

$2,000,000

10

3/3

ELABANA CRES

4/07/2017

$950,000

Properties included may/may not be sold by Ray White

Properties included may/may not be sold by Ray White

7


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.

Median house prices 60

$1,600,000

55 50

$1,500,000

20

$1,350,000

15 10

$1,300,000

5 0 OCT

SEP

AUG

JULY

JUN

MAY

$1,250,000 APR

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.

25

MAR

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.

30

$1,400,000

FEB

Blues and Greys

35

JAN 2017

White on White

40

$1,450,000

DEC

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.

NOV

Separating black and white block colours with grey tones creates a long lasting look that remains sophisticated.

45

MEDIAN SALE PRICE

White and Timber

NUMBER OF SALES

Black, White and Grey

SALE MONTH

Number of sales

Median sale price

9


Recent Activity

Your team

Sales by Price - Last 12 months House

Unit

$300k-$400k

1

3

$400k-$500k

2

5

1%

Last 12 months

$500k-$600k

1

1

0%

582 sales

$600k-$700k

3

10

$700k-$800k

1

19

$800k-$900k

1

45

$900k-$1M

14

50

$1M-$1.25

39

68

$1.25M-$1.5M

108

112

$1.5M-$1.75M

136

139

24%

$1.75M-$2M

79

80

14%

$2M-$2.5M

30

31

$2.5M-$3M

9

9

>$3M

10

10

1%

2%

Philip Kelly 0407 000 991

Daniel Llamas 0421 908 736

Peter Iann 0488 002 222

Paul Conti 0414 981 005

Andy Lin 0433 433 093

Hilda Bandiera 9680 2255

Robbie Awad 0428 888 648

Kael Sharp 0435 821 736

Hannah Dowling 9680 2255

Brett Macartney 0431 073 780

Kieron Stedman 0433 124 734

Odette Roach 9680 2255

Brittney Willmette 9680 2255

Matthew Langdon 0431 037 478

Margarete Kwarcinski 9680 2255

Joseph Meyer 0417 675 741

Karl Anthony 0457 120 174

Joel Simpson 0450 907 598

3% 8% 9% 12%

$1.5M-$1.75M 19%

139 sales

5% 2% 2%

11


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

raywhitecastlehill.com.au


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