Castle Hill Market Review | Mar 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.

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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the the lastthe last 12last months 12 months 12 months (2017) (2017) (2017)

Previous Previous Previous Median Median Median Price: Price: $1,420,000 Price: $1,420,000 $1,420,000

months months months (2017) (2017) (2017)

Based Based on Based aon rolling aon rolling a12rolling month 12 month 12period month period and period and mayand may differ may differdiffer fromfrom calendar from calendar calendar yearyear statistics year statistics statistics

Based Based on Based 812 on recorded 812 onrecorded 812 House recorded House sales House sales compared sales compared compared over over the last over thetwo last thetwo last two rolling rolling 12 month rolling 12 month 12 periods month periods periods

Based Based on Based aon rolling aon rolling a12rolling month 12 month 12period month period and period and mayand may differ may differdiffer fromfrom calendar from calendar calendar yearyear statistics year statistics statistics

Recently sold properties

12 12 DAVID 12 DAVID DAVID RDRDRD

4 CALAIS 4 CALAIS 4 CALAIS PL PL PL

$1,880,000 12 DAVIDCRES RD GALAHAD 18 18 GALAHAD 18 4 GALAHAD bed | CRES 2 bathCRES | 2 garages 1,079 m²

$1,781,500 4 CALAIS PL RD TUCKWELL 113113 113 TUCKWELL RD 4TUCKWELL bed | 3 bathRD | 2 garages 672 m²

$1,485,000 18 GALAHAD CRES 4 bed | 3 bath | 2 garages 990 m²

$1,300,000 100 OLD CASTLE HILL RD 8 HERON CRT 8 HERON CRT CRT 4 bed8| HERON 3 bath |2 garages 900 m²

$1,250,000 113 TUCKWELL RD 4 bed | 2 bath | 2 garages 964 m²

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

18 18 GALAHAD 18 GALAHAD GALAHAD CRES CRES CRES

100100 OLD 100 OLD CASTLE OLD CASTLE CASTLE HILL HILL RD HILL RDRD

113113 TUCKWELL 113 TUCKWELL TUCKWELL RDRDRD

$1,640,000 8 HERON CRT 4 bed | 2 bath | 3 garages 802 m² 8 HERON 8 HERON 8 HERON CRT CRT CRT

Prepared on 08/02/2018 by Ray White Castle , 3231 07, 3231 2200 at Ray White Corporate Default. © Property Data Solutions Ltd 2018 (pricefinder.com.au) Prepared on 08/02/2018 by Ray White Castle HillHill , 07Hill at2200 Ray White Corporate Default. © Property Data Solutions PtyPty LtdPty 2018 (pricefinder.com.au) Prepared on 08/02/2018 by Ray White Castle 072200 3231 at Ray White Corporate Default. © Property Data Solutions Ltd 2018 (pricefinder.com.au)


Suburb Growth

HOUSE +14.1%

# Sold Properties

367

PENNANT 1001/12 1001/12 1001/12 PENNANT PENNANT ST ST ST

Suburb Growth

UNIT +5.3%

8/52-54 8/52-54 KERRS KERRS RD RD

$1,375,000 1001/12 PENNANT ST 4 bed | 2 bath | 4 garages 18/342 OLD NORTHERN 18/342 18/342 OLD OLD NORTHERN NORTHERN RDRDRD 1001/12 1001/12 PENNANT PENNANT ST ST

18/342 OLD NORTHERN RD 2 bed | 2 bath | 1 garages

8/52-54 KERRS RD 3 bed | 2 bath | 1 garages 2/9 BOUNTY AVE 2/9 2/9 BOUNTY BOUNTY AVE AVE

$940,000 12/67-71 BRISBANE RD 3 bed | 2 bath | 2 garages 8/342 OLD NORTHERN 8/342 8/342 OLD OLD NORTHERN NORTHERN RDRDRD

$1,150,000 2/9 BOUNTY AVE 4 bed | 3 bath | 2 garages

129

12/67-71 12/67-71 BRISBANE BRISBANE RD RD

$934,000

$1,000,000

# Sold Properties

$925,202 8/342 OLD NORTHERN RD 3 bed | 2 bath | 1 garages 5

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

HUME AVE 9/15-19 9/15-19 9/15-19 HUME HUME AVE AVE 18/342 18/342 OLDOLD NORTHERN NORTHERN RD RD

2/9 BOUNTY 2/9 BOUNTY AVEAVE

8/342 8/342 OLDOLD NORTHERN NORTHERN RD RD


Top 10 house sales Address

Sold date

Land size

Price

1

4

VIVIEN PL

5/12/2017

771.4m²

$3,797,366

2

8

PALISANDER PL

10/1/2018

2000.3m²

$2,436,666

3

4

HUNTINGDALE CIR

12/12/2017

921.5m²

$2,240,000

4

14

BARRAWARN PL

6/12/2017

695.6m²

$1,900,000

5

9

RADFORD PL

22/1/2018

719.5m²

$1,888,000

6

12

DAVID RD

6/2/2018

1079m²

$1,880,000

7

12

YERONG PL

7/12/2017

902.4m²

$1,880,000

8

17

KELBRAE CL

14/12/2017

709.3m²

$1,810,888

9

7

PHOENIX CL

8/12/2017

755m²

$1,800,000

10

9

BRAEFIELD PL

1/12/2017

921.7m²

$1,795,000

Properties included may/may not be sold by Ray White


Top 10 unit sales Address

Sold date

Price

1

1001/12

PENNANT ST

11/23/2017

$1,375,000

2

2/9

BOUNTY AVE

11/11/2017

$1,150,000

3

9/2

PARSONAGE RD

12/11/2017

$1,100,000

4

2/79

CRANE RD

11/4/2017

$1,100,000

5

1/41

PURSER AVE

10/30/2017

$1,100,000

6

12/79

CRANE RD

12/3/2017

$1,050,000

7

1/27

PURSER AVE

12/6/2017

$1,010,000

8

18/342

OLD NORTHERN RD

11/11/2017

$1,000,000

9

10/342

OLD NORTHERN RD

10/24/2017

$1,000,000

10

12/67

BRISBANE RD

11/24/2017

$940,000

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 JAN 2018

DEC

NOV

OCT

SEP

AUG

JULY

JUN

MAY

APR

MAR

FEB

$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%

544 sales

$600k-$700k

2

5

7

$700k-$800k

1

13

14

$800k-$900k

1

44

45

$900k-$1M

14

25

39

$1M-$1.25

36

28

64

$1.25M-$1.5M

94

5

99

$1.5M-$1.75M

125

3

128

$1.75M-$2M

81

1

82

$2M-$2.5M

31

1

31

$2.5M-$3M

8

8

>$3M

15

15

1% 3% 8% 8% 12%

$1.5M-$1.75M 18% 24%

15% 6% 1% 3%

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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