Cherrybrook MARKET REPORT | AUTUMN 2019
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AUTUMN 2019
2019 is now in full swing and already is shaping up to be a
As we continue to organically grow our market share in our
very interesting year in the property and �nance market.
home suburb, we are constantly striving to deliver an
Throughout 2018 the property pendulum swung back and
exceptional experience for all who engage with us. In doing
forth, resulting in most areas around the country, levelling
so, we have identi�ed a growing desire of buyers not only
off and shifting into what can only be best described as a
looking to purchase locally, but to also invest in ‘out of town’
‘post-boom’ status. What is pleasing however, is that the so-
areas where rental yields may be more favourable. In order
called ‘bursting of the bubble’ that so many predicted did not
to nurture this need, Ray White Castle Hill is offering a no
occur and as we enter into the second quarter, both seller
obligation appointment with our Head of Investments, who
and buyer sentiment is steady and thus, demonstrating
can advise and assist you in your wealth creation through
con�dence in the market.
property and �nancial solutions. If you would like to know
What is becoming extremely clear in this current climate though is the skill of agent - their tenacity, their drive, their �nancial aptitude, their ability to negotiate, their effort, their
more, simply email your name and contact phone number to: castlehill.solutions@raywhite.com or visit the investment page on our website: raywhitecastlehill.com.au
adaptability, their compassion and of course, their capacity to
We're also really pleased to share that earlier this year Ray
remain focused. Blocking out the noise from the media and
White Castle Hill was awarded No.1 agency in Castle Hill by
focusing on key property fundamentals has certainly been
Rate my Agent.
crucial to the success of our agency. When the ‘doom and gloom’ headlines about declining auction clearance rates were rife, Ray White Castle Hill was, and still is, experiencing on average an 85% auction clearance rate! We’re also really proud to share that our two ‘in-room’ auctions this year, held
We look forward to assisting you throughout 2019 and welcome your enquiries, be it selling, buying, renting, leasing or investing. Our of�ce is open Monday – Saturday, 9am-5pm and can be phoned on 02 9680 2255.
at Castle Hill RSL, have both produced premium results for
Philip Kelly
David Dowling
our clients.
Director
Director
It's a testament to our highly educated and professional team who continuously deliver superior campaigns for their clients and ultimately, assist them in reaching property goals.
Market Snapshot Provided by Ray White Castle Hill Total Sales by Quarter
Median House Sale Price
2017
2018
2019
Jan - Mar
42
46
24
Apr - Jun
61
43
—
Jul - Sep
43
35
—
Oct - Dec
48
35
—
$1,140,000 -3.6% change vs. last year
Median Unit Sale Price
$769,000 -8% change vs. last year
Sales By Price Range (Jan 2018 – Dec 2018) Houses
Units
45 40 35 30 25 20 15 10 5 0 $0. - 900k
$900k - 1.1M
$1.1 - 1.3M
Data disclaimer: raywhite.com/data-disclaimers
$1.3 - 1.5M
$1.5 - 1.7M
$1.7 - 1.9M
$1.9 - 2.1M
$2.1 - 2.7M
v0.4.3 | 2019-04-11T03:45:51.085Z
—
Recent Sales CHERRYBROOK
House
Sold on 2 Mar 2019
78 Gumnut Road, Cherrybrook 4 Beds / 1 Bath / 2 Cars
House
Sold on 9 Feb 2019
5 Arundel Way, Cherrybrook $1,030,000
Sold on 5 Apr 2019
12 Hampshire Court, Cherrybrook 4 Beds / 2 Baths / 2 Cars
House
$1,290,000
4 Beds / 3 Baths / 4 Cars
House 61 Appletree Drive, Cherrybrook 4 Beds / 3 Baths / 3 Cars
House Sold on 26 Mar 2019 50 Tallowwood Avenue, Cherrybrook
House
5 Beds / 3 Baths / 2 Cars
3Beds / 3 Baths / 2 Cars
$1,330,000
$1,391,000
Sold on 29 Mar 2019 $1,450,000
Sold on 25 Mar 2019
106 County Drive Cherrybrook $1,030,000
We make no representation or warranty as to the accuracy, reliability or completeness of the information contained in this document – independent advice should be obtained before making any decision. We acknowledge that information contained in this document may be sourced and obtained in part from third parties. Accordingly, no warranty, representation or undertaking, whether expressed or implied, is made and no responsibility is accepted by us as to the accuracy of any part of this or any other information supplied on our behalf. For more information: raywhite.com/data-disclaimers. Properties may/may not be sold by Ray White
—
Recent Sales CHERRYBROOK
House
Sold on 25 Feb 2019
27 Yanderra Grove, Cherrybrook 5 Beds / 3 Bath / 2 Cars
House
$1,561,000
Sold on 13 Feb 2019
4 Harvey Place, Cherrybrook 4 Beds / 2 Baths / 2 Cars
Duplex
$1,080,000
Sold on 14 Mar 2019
27/30-34 Greenoaks Avenue, Cherrybrook 2 Beds / 2 Baths / 2 Cars
$768,750
House 3 Wisteria Crescent, Cherrybrook 5 Beds / 2 Baths / 2 Cars
House 7 Forester Crescent, Cherrybrook 3 Beds / 2 Baths / 2 Cars
House 42 Gumnut Road, Cherrybrook 4 Beds / 2 Baths / 2 Cars
Sold on 12 Feb 2019 $1,450,000
Sold on 7 Mar 2019 $1,285,000
Sold on 13 Mar 2019 $1,200,000
We make no representation or warranty as to the accuracy, reliability or completeness of the information contained in this document – independent advice should be obtained before making any decision. We acknowledge that information contained in this document may be sourced and obtained in part from third parties. Accordingly, no warranty, representation or undertaking, whether expressed or implied, is made and no responsibility is accepted by us as to the accuracy of any part of this or any other information supplied on our behalf. For more information: raywhite.com/data-disclaimers. Properties may/may not be sold by Ray White
Market Snapshot Provided by Ray White Castle Hill Total Sales by Quarter
Median House Sale Price
2017
2018
2019
Jan - Mar
42
46
24
Apr - Jun
61
43
—
Jul - Sep
43
35
—
Oct - Dec
48
35
—
$1,140,000 -3.6% change vs. last year
Median Unit Sale Price
$769,000 -8% change vs. last year
Sales By Price Range (Jan 2018 – Dec 2018) Houses
Units
45 40 35 30 25 20 15 10 5 0 $0. - 900k
$900k - 1.1M
$1.1 - 1.3M
Data disclaimer: raywhite.com/data-disclaimers
$1.3 - 1.5M
$1.5 - 1.7M
$1.7 - 1.9M
$1.9 - 2.1M
$2.1 - 2.7M
v0.4.3 | 2019-04-11T03:45:51.085Z
AUSTRALIA & NEW ZEALAND
We’ve got family almost everywhere
+1000 Offices in Australia & New Zealand
—
From a country town, Ray White has grown to become the largest real estate agency across Australia and New Zealand
Not too many other brands can pinpoint exactly where it started. Ray White can. It was in a tin shed at Crows Nest, in rural Queensland that Ray started in 1902. In 2017 alone, we welcomed 106 new business owners to our Australian network and 28 new businesses in New Zealand. Ray White has the highest market share in Australasia at 10.68 per cent. We are very proud that one in ten houses in Australia is sold by a Ray White agent. The Ray White brand helps the 1000 across Australasia list and sell more residential, commercial and rural property, and aims to deliver an exceptional customer experience, every time.
Autumn Gardening Tips Autumn is a good time to get into the garden. Your soil will still contain a fair bit of warmth from summer before the winter rain hits, so it’s a great time to get planting! Mulch for your Garden Mulch is your garden’s best friend. It helps the soil hold in moisture so you don’t have to water it as often and it also keeps down weeds. Over time, mulch will break down into your soil and improve it by adding nutrients. Fertilise your Lawn Thiswill ensure that it stays green and healthy throughout the year. Autumn is a great time to fertilise because it protects your lawn through the winter months. Prune Trees Pruning helps improve the health and overall appearance of your trees. Removing dead or dying branches promotes crop growth in fruit trees. Build a Garden Bed A garden bed is the perfect place to grow vegies or act as a focal point in your backyard. For the best results, use a good quality top soil so your plants get enough of the good nutrients they need to start growing. Plant Fruit Trees Australia’s climate and conditions are ideal for growing fruit trees. All they need is full sun, good drainage, room to grow and they’ll be thriving in no time. Make Your Own Compost Compost is a natural fertiliser that is great for your garden. It can help you save money and it’s good for the environment. Autumn is a great time to start making compost because many trees are dropping their leaves, which you’ll need to use. Make sure you get the balance right between garden waste and kitchen scraps in the compost mix for the best results.
Source: bunnings.com.au/diy-advice/garden/planting-and-growing/sevenautumn-gardening-tips
10 questions to ask your agent… — We’re determined to get the best results for you. Here are a few questions you should be asking when choosing an the agent who best meets your needs. 1
Why should I choose you and your agency?
2
Is the cheapest agent the best agent?
3
How do I know an agent is giving me a realistic price guide?
4
What are the factors I should consider when selecting an agent?
5
How do we attract more people to my property?
6
Can I do anything to speed up the process?
7
What can I expect the sales process to be like?
8
How long will it take to sell my property?
9
How can I maximise the price we can achieve?
10
Have you sold properties like mine before?
WHO WE ARE
Local experts, working for you.
Philip Kelly
Kieron Stedman
Brendan Jackson
Paul Conti
Director
New Developments / Project Mkg
New Developments / Project Mkg
Sales Executive
Peter Iann
Daniel Llamas
Michael Karanicolas
Joel Simpson
Sales Executive
Sales Executive
Sales Associate to Daniel Llamas
Sales Executive
Karen Li
Kael Sharp
Karl Anthony
Matthew Langdon
Sales Associate to Joel Simpson
Sales Executive
Sales Executive
Sales Executive
Robbie Awad
Jayden Potten
Sara Perry
Craig Robinson
Sales Executive
Sales Executive
Sales Executive
Sales Executive
Ray White Castle Hill 287C Old Northern Road | Castle Hill, NSW 2154
(02) 9680 2255
raywhitecastlehill.com.au
WHO WE ARE
Local experts, working for you.
Yong Park
Phil Haq
Warren Tam
Tony Yee
Sales Executive
Business Development Manager
Senior Property Manager
Property Manager
Sylvester Wijaya
Jesse McCarthy
Hannah Dowling
Odette Roach
Property Leasing Of�cer
Property Management Support
Property Management Support
Of�ce Manager
Kimberley Hatchett
Siobhan Robinson
Margarete Kwarcinski
Hilde Bandiera
Project Administration & Marketing
Reception / Administration
Reception / Administration
Reception / Administration
Joseph Meyer
Joe Zhou
Loan Market
Loan Market
Ray White Castle Hill 287C Old Northern Road | Castle Hill, NSW 2154
(02) 9680 2255
raywhitecastlehill.com.au
Ray White Castle Hill 287c Old Northern Road, Castle Hill (02) 9680 2255 castlehill.nsw@raywhite.com raywhitecastlehill.com.au facebook.com/raywhitecastlehillÂ
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