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
3
Nov Nov
Nov
2017 Nov2017 Nov 2017 24 Days 24 Days 24 Days 2017 2017
Nov Nov
m² 702 m² 702 m² 702 4
4 4 4
34 3 3 3
23 2 2 2
4
3
Nov
2017 Nov2017 Nov 2017 25 Days 25 Days 25 Days 2 2017 2017
Nov Nov
m² 947 m² 947 m² 947 5
5 5 5
25 2 2 2
32 3 3 3
5
2
Recently sold properties
24 Days 24 Days
Nov
702 m² 702 m²
2017 24 Days
14 WISEMAN 14 14 WISEMAN WISEMAN RDRD RD 14 14 WISEMAN WISEMAN RDRD
702 m²
14 WISEMAN RD
25 Days 25 Days
2
Nov
947 m² 947 m²
2017 25 Days
2 REGENT 2 REGENT 2 REGENT PL PL PL 2 REGENT 2 REGENT PL PL
947 m²
2 REGENT PL
$1,400,000 14 WISEMAN RD 219 EXCELSIOR 219219 EXCELSIOR EXCELSIOR AVE AVE 4 bed | 3 bath | 2 AVE garages 696 m² 219219 EXCELSIOR EXCELSIOR AVE AVE 219 EXCELSIOR AVE
2 REGENT PL 14 SERINA 14 14 SERINA AVE|AVE 4SERINA bed | AVE 2 bath 2 garages 809 m² 14 14 SERINA SERINA AVE AVE 14 SERINA AVE
219 EXCELSIOR AVE 4 bed | 3 bath | 2 garages 929 m²
26 Days 26 Days
3
Nov
2017 26 Days
m² 743 m² 743 m² 743 5
5 5 5
743 m² 743 m²
35 3 3 3
23 2 2 2
2
5
3
2
743 m²
4 EXCELSIOR 4 EXCELSIOR 4 EXCELSIOR WAY WAYWAY 4 EXCELSIOR 4 EXCELSIOR WAY WAY 4 EXCELSIOR WAY
$1,415,000
$1,950,000
Nov
2017 Nov2017 Nov 2017 26 Days 26 Days 26 Days 3 2017 2017
$1,660,000 4 EXCELSIOR WAY SHOWGROUND RD m² 120 SHOWGROUND SHOWGROUND RDRD 5,415 6 120 bed |120 3 bath | 3 garages 120120 SHOWGROUND SHOWGROUND RDRD 120 SHOWGROUND RD
$1,320,000 14 SERINA AVE 4 bed | 2 bath | 2 garages 899 m²
$1,988,000 120 SHOWGROUND RD 4 bed | 2 bath | 2 garages 935 m²
Source: pricefinder.com.au | Properties included may or may not be sold by Ray White
Prepared on 06/11/2017 byWhite Ray White Castle Hill, 07 2200 3231 2200 atWhite Ray White Corporate Default. © Property Data Solutions Pty2017 Ltd 2017 (pricefinder.com.au) repared Prepared on 06/11/2017 on 06/11/2017 by Ray by Ray White Castle Castle Hill, Hill, 07 3231 07 3231 2200 at Ray at Ray White Corporate Corporate Default. Default. © Property © Property Data Data Solutions Solutions PtyPty LtdLtd 2017 (pricefinder.com.au) (pricefinder.com.au)
Previous Previous Median Median Price: Price: $820,000 $820,000 Previous Median Price: $820,000 Previous Previous Previous Median Median Median Price: Price: $820,000 Price: $820,000 $820,000
last 12 12 months (Oct (Oct '16 -'16 Sep - Sep '17) '17) Based Based on Based 141 onlast 141 recorded onmonths 141 recorded recorded Unit Unit sales Unit sales within sales within the within the the last 12 months (Oct '16 - Sep '17) lastlast 12 months last 12 months 12 months (Oct(Oct '16(Oct -'16 Sep -'16 Sep '17) - Sep '17) '17) Based Based on a on rolling a rolling 12 month 12 month period period and may and may differdiffer Based on a rolling 12 month period and may differ calendar year year statistics statistics Based Based onBased afrom on rolling afrom on rolling 12 afrom rolling month 12calendar month 12 period month period and period may and may and differmay differdiffer calendar year statistics fromfrom calendar from calendar calendar year year statistics year statistics statistics Suburb Growth # Sold
HOUSE +15.2%
9/15-19 9/15-19 HUME HUME AVE AVE 9/15-19 HUME AVE 9/15-19 9/15-19 9/15-19 HUME HUME HUME AVE AVE AVE
387
BasedBased on 283 onrecorded 283 recorded Unit sales Unit sales compared compared over the over last thetwo last two Based on 283 recorded Unit sales compared over the last two rolling rolling 12 month 12 month periods periods BasedBased on 283 Based onrecorded 283 on recorded 283Unit recorded sales Unit sales compared Unit sales compared over compared the overlast the over two last thetwo last two rolling 12 month periods rollingrolling 12 month rolling 12 month periods 12 month periods periods
Properties
UNIT +9.8%
2/79 CRANE CRANE 2/792/79 CRANE RD RD RD 2/792/79 CRANE 2/79 CRANE CRANE RD RD RD
$725,000 9/15-19 HUME AVE 2 bed | OLD 2 NORTHERN bath | 2 garages 10/342 10/342 OLD NORTHERN 10/342 OLD NORTHERN RD RD RD 10/342 10/342 10/342 OLD OLD NORTHERN OLD NORTHERN NORTHERN RD RD RD
Suburb Growth
(Oct (Oct '16 -'16 Sep - Sep '17) '17) Based Based on Based recorded onmonths recorded onmonths recorded Unit Unit sales Unit sales within sales within the within the 12 the 12 12 months (Oct '16 - Sep '17) months months months (Oct(Oct '16(Oct -'16 Sep -'16 Sep '17) - Sep '17) '17)
#
Based Based on a on rolling a rolling 12 month 12 month period period and may and may differdiffer Based on a rolling 12 month period and may differ calendar year year statistics statistics Based Based onBased afrom on rolling afrom on rolling 12 afrom rolling month 12calendar month 12 period month period and period may and may and differmay differdiffer calendar year statistics fromfrom calendar from calendar calendar year year statistics year statistics statistics Sold Properties
141
1/41 PURSER PURSER AVE AVE 1/411/41 PURSER AVE 1/411/41 PURSER 1/41 PURSER PURSER AVE AVE AVE
$1,100,000 2/79 CRANE RD 3 bed | 2 -20 bath | 2 garages 34/16 34/16 -20 MERCER MERCER 34/16 -20 MERCER ST ST ST 34/16 34/16 -20 34/16 -20 MERCER -20 MERCER MERCER ST ST ST
$1,000,000 10/342 OLD NORTHERN RD 3 bed | 2 bath | 2 garages
1/41 PURSER AVE 3 bed |159/23 2 bath-25 | 2 CRANE garages 159/23 CRANE 159/23 -25 -25 CRANE RD RD RD 159/23 159/23 159/23 -25 -25 CRANE -25 CRANE CRANE RD RD RD
$830,000 34/16 -20 MERCER ST 2 bed | 2 bath | 2 garages
76/2-4 76/2-4 PURSER PURSER AVE AVE | Properties included may or may not be sold by Ray White Source: pricefinder.com.au 76/2-4 PURSER AVE 76/2-4 76/2-4 76/2-4 PURSER PURSER PURSER AVE AVE AVE $880,889 $880,889
$1,100,000
$870,000 159/23 -25 CRANE RD 2 bed | 2 bath | 2 garages 5 9/375 9/375 -379 -379 OLD OLD NORTHERN NORTHERN 9/375 -379 OLD NORTHERN RD RD RD 9/375 9/375 -379 9/375 -379 OLD -379 OLD NORTHERN OLD NORTHERN NORTHERN RD RD RD
$1,205,000 $1,205,000
Top 10 house sales Address
Sold date
Land size
Price
1
1
WORTHING AVE
26/8/2017
841m2
$2,625,000
2
35
ASHMEAD AVE
5/10/2017
712m2
$2,490,000
3
29
PIONEER PL
28/9/2017
701m2
$2,400,000
4
17
MCINTYRE PL
15/9/2017
851m2
$2,300,000
5
27
LYGON PL
14/9/2017
737m2
$2,300,000
6
11
CRINAN CRT
15/9/2017
980m2
$2,150,000
7
9
WORTHING AVE
21/10/2017
841m2
$2,150,000
8
58
CASTLE ST
12/8/2017
835m2
$2,020,000
9
24
HIGHCLERE PL
26/8/2017
816m2
$2,010,000
10
312
OLD NORTHERN RD
17/8/2017
1,366m2
$2,000,000
Properties included may/may not be sold by Ray White
Top 10 unit sales Address
Sold date
Price
1
2/79
CRANE RD
4/11/2017
$1,100,000
2
1/41
PURSER AVE
30/10/2017
$1,100,000
3
4/49
PARSONAGE RD
27/9/2017
$1,080,000
4
6/4
KERRS RD
23/9/2017
$990,000
5
38/2
PURSER AVE
25/8/2017
$920,000
6
22/81
CECIL AVE
7/9/2017
$910,000
7
76/2
PURSER AVE
21/10/2017
$880,889
8
7/48
FRANCIS ST
11/8/2017
$880,000
9
159/23
CRANE RD
31/8/2017
$870,000
10
46/22
MERCER ST
20/9/2017
$870,000
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. 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 OCT
SEP
AUG
JULY
JUN
MAY
APR
MAR
FEB
JAN 2017
DEC
NOV
$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
$400k-$500k
2
3
5
1%
Last 12 months
$500k-$600k
1
1
2
0%
578 sales
$600k-$700k
2
6
9
1%
2%
$700k-$800k
1
18
19
$800k-$900k
1
45
46
$900k-$1M
13
32
45
$1M-$1.25
35
27
62
$1.25M-$1.5M
102
4
106
$1.5M-$1.75M
142
3
145
25%
$1.75M-$2M
84
1
85
15%
$2M-$2.5M
31
1
32
$2.5M-$3M
8
8
>$3M
11
11
3% 8% 9% 18%
$1.5M-$1.75M 19%
8% 1% 2%
145 sales
Your team
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
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Ray White Castle Hill 02 9680 2255 287C Old Northern Rd, Castle Hill NSW 2154
raywhitecastlehill.com.au