Castle Hill Market Review | Feb 2017

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Castle Hill Market Report Summer 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.

As always the Little Ray of Giving was a huge success. We provided the opportunity for members of the community to donate gifts for children who otherwise would miss out at Christmas. This is a truly a rewarding project and we are delighted with the response! It may seem a long time from now however we are already in planning for the same appeal later this year.

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.

Should we be able to assist in anyway please do not hesitate to contact the team at Ray White Castle Hill. We look forward to another successful year!

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.

Philip Kelly and David Dowling Directors | Ray White Castle Hill

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Dec Dec

Recently sold properties 8 PATRICIA 8 PATRICIA CRT CRT 8 PATRICIA CRT

5 CANDLEBUSH 5 CANDLEBUSH CRES CRES 5 CANDLEBUSH CRES

$1,055,000 8 PATRICIA CRT 3 AZALEA bed | 1 bath 10 GR| 1 garages 696 m²

2017 2017Dec 52 Days 52 Days 2017

932 m² 932 m²

52 Days

3

932 m²

3

1 3

1

2 1

2

2

7 PHOENIX 7 PHOENIX CL CL 7 PHOENIX CL

$1,355,000 5 CANDLEBUSH CRES 3 bed | 3 bath | 2 garages 945 m² 32 32 CHELSEA CHELSEA RDRD

$1,800,000 7 PHOENIX CL 6 bed31 | 3CAMBEWARRA bath | 2 garages AVE 755 m² 22 22 FERGUSON FERGUSON AVE AVE $1,280,500

Prepared Prepared on 09/01/2018 on 09/01/2018 by Ray by Ray White White Castle Castle HillHill , 07, 3231 07 3231 2200 2200 at Ray at Ray White White Corporate Corporate Default. Default. © Property © Property Data Data Solutions Solutions PtyPty LtdLtd 2018 2018 (pricefinder.com.au) (pricefinder.com.au) Prepared onare 09/01/2018 by Ray Castle Hillonly. , ©07The 3231 2200 atNew RaySouth White Corporate Default. © Property Data Solutions Pty Ltd 2018 (pricefinder.com.au) The The materials materials provided provided distributed are distributed as an asinformation anWhite information source source only. © The State State of New of South Wales Wales (Land (Land and and Property Property Information Information - LPI) - LPI) January/2018. January/2018. Contains Contains property property sales sales information information provided provided

under under licence licence fromfrom the provided Department the Department Finance of Finance and and Services, Services, Landsource Land and and Property Property (LPI) Issue Issue Date: Date: 02/01/18 02/01/18 and Property and maymay be combined be combined with with property property attribute attribute data data and and photographs photographs from from otherotherprovided The materials are of distributed as an information only. © Information TheInformation State of(LPI) New South Wales (Land and Information - LPI) January/2018. Contains property sales information hirdthird party party datalicence data sources. sources. Ownership information information derived derived from from Non-Government Non-Government sources. sources. Please Please use (LPI) use as aas guide a guide only. only. Neither Neither Veda Veda nor nor LPI make any any representations or warranties or data warranties about about accuracy, accuracy, under from theOwnership Department of Finance and Services, Land and Property Information Issue Date: 02/01/18 and mayLPI be make combined withrepresentations property attribute and photographs from other eliability, reliability, completeness completeness or suitability or suitability of the of data the data for any for any particular particular purpose purpose and and disclaims disclaims all responsibility all responsibility and and all liability all liability (including (including without without limitation, limitation, liability liability in negligence) in negligence) for all for expenses, all expenses, losses, losses, third party data sources. Ownership information derived from Non-Government sources. Please use as a guide only. Neither Veda nor LPI make any representations or warranties about accuracy, damages damages (including (including indirect indirect or consequential or consequential damage) damage) and and costs costs which which might might be incurred be incurred as a as result a result of the of data the data being being inaccurate inaccurate or incomplete or incomplete in any in any way way and and for any for any reason. reason. Veda Veda is authorised is authorised as aas a reliability, completeness or suitability of the data for any particular purpose and disclaims all responsibility and all liability (including without limitation, liability in negligence) for all expenses, losses, Property Property Sales Sales Information Information provider provider of of Department the Department of Finance of Finance and Services, Services, LandLand and and Property Property Information. damages (including indirect or the consequential damage) andand costs which might be incurred asInformation. a result of the data being inaccurate or incomplete in any way and for any reason. Veda is authorised as a Property Sales Information provider of the Department of Finance and Services, Land and Property Information.

$1,530,000 10 AZALEA GR 4 bed | 4 bath | 3 garages 733 m²

$1,520,000 32 CHELSEA RD 4 bed | 2 bath | 2 garages 507 m²

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

Dec

2017 22 Days

$1,215,000

727 m²

5

22 FERGUSON AVE 4 bed | 2 bath | 2 garages 1,182 m²

3

1


Nov Nov

Nov

2017 2017 Nov2017 Nov 84 Days 84 Days 84 Days Nov 2017 2017 84 Days 84 Days 2017

Nov Nov

8,110 m² 8,1108,110 m² m² 3

3

21 1 1 # Sold Properties 3 2 2 1 1 3 2 1

3 2 2 Suburb Growth

8,1108,110 m² m² 3 8,110 m²

HOUSE +14.4% 84 Days

325

19/48-54 CECIL AVE 19/48-54 19/48-54 CECIL CECIL AVE AVE 19/48-54 19/48-54 CECIL CECIL AVE AVE 19/48-54 CECIL AVE

UNIT +6.2%

1/41 PURSER AVE 1/41 1/41 PURSER PURSER AVE AVE 1/41 1/41 PURSER PURSER AVE AVE 1/41 PURSER AVE

$850,000 19/48-54 CECIL AVE 3 bed | 2 bath | 2 garages 34/16-20 MERCER 34/16-20 34/16-20 MERCER MERCER ST STST 34/16-20 34/16-20 MERCER MERCER ST ST 34/16-20 MERCER ST

108

26 Days

1.45 ha 1.45 1.45 ha ha 3 1.45 1.45 ha ha 3 1.45 ha

1/41 PURSER AVE 3 bed | 2 bath | 2 garages 159/23 -25 CRANE 159/23 159/23 -25-25 CRANE CRANE RDRDRD 159/23 159/23 -25-25 CRANE CRANE RDRD 159/23 -25 CRANE RD

$1,000,000 10/342 OLD NORTHERN RD 3 bed | 2 bath | 2 garages 76/2-4 PURSER AVE 76/2-4 76/2-4 PURSER PURSER AVE AVE 76/2-4 76/2-4 PURSER PURSER AVE AVE 76/2-4 PURSER AVE

$870,000 159/23 -25 CRANE RD 2 bed | 2 bath | 2 garages

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

3 3 2 2 22 2 2 3 2 2 2 2 3 2 2

10/342 OLD NORTHERN 10/342 10/342 OLD OLD NORTHERN NORTHERN RDRDRD 10/342 10/342 OLD OLD NORTHERN NORTHERN RDRD 10/342 OLD NORTHERN RD

$1,100,000

$830,000 34/16-20 MERCER ST 2 bed | 2 bath | 2 garages

Suburb Growth

Nov

2017 2017 Nov2017 Nov 26 Days 26 Days 26 Days Nov 2017 2017 # Sold Properties 26 Days 26 Days 2017

$880,889 76/2-4 PURSER AVE 2 bed | 2 bath | 1 garages 5


Top 10 house sales Address

Sold date

Land size

Price

1

4

VIVIEN PL

5/12/2017

771.4m²

$3,797,366

2

11

NIELLO CL

5/11/2017

818.9m²

$2,300,000

3

61

ULUNDRI DR

3/11/2017

712.7m²

$2,300,000

4

4

HUNTINGDALE CIR

12/12/2017

921.5m²

$2,240,000

5

7

ADEY PL

9/11/2017

1057.18m²

$2,150,000

6

9

WORTHING AVE

21/10/2017

841m²

$2,150,000

7

120

SHOWGROUND RD

21/10/2017

935m²

$1,988,000

8

219

EXCELSIOR AVE

28/10/2017

929.1m²

$1,950,000

9

9

GRANDOAKS PL

25/10/2017

1035m²

$1,940,000

10

54

GEORGE MOBBS DR

20/10/2017

702m²

$1,920,000

Properties included may/may not be sold by Ray White


Top 10 unit sales Address

Sold date

Price

15/9/2017

$1,970,000

1

1/6

2

1001/12 PENNANT ST

24/11/2017

$1,375,000

3

9/375

OLD NORTHERN RD

24/9/2017

$1,205,000

4

1/41

PURSER AVE

30/10/2017

$1,100,000

5

2/79

CRANE RD

4/11/2017

$1,100,000

6

6/21

DAN CRES

26/7/2017

$1,082,000

7

4/49

PARSONAGE RD

27/9/2017

$1,080,000

8

26/33

CECIL AVE

24/7/2017

$1,010,000

9

10/342

OLD NORTHERN RD

24/10/2017

$1,000,000

10

18/342

OLD NORTHERN RD

11/11/2017

$1,000,000

GLADSTONE RD

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 DEC

NOV

OCT

SEP

AUG

JULY

JUN

MAY

APR

MAR

FEB

JAN 2017

$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

3

4

1%

$400k-$500k

3

2

5

1%

Last 12 months

$500k-$600k

1

1

2

0%

532 sales

$600k-$700k

2

5

7

$700k-$800k

1

15

16

$800k-$900k

1

44

45

$900k-$1M

13

25

38

$1M-$1.25

34

24

58

$1.25M-$1.5M

93

6

99

$1.5M-$1.75M

125

3

128

$1.75M-$2M

77

2

79

$2M-$2.5M

30

1

31

$2.5M-$3M

7

7

>$3M

13

12

1% 3% 8% 8% 11%

$1.5M-$1.75M 19% 24%

15% 6% 1% 2%

128 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

Peter Iann 0488 002 222

Paul Conti 0414 981 005

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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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