Cherrybrook Market Report | Autumn 2019
We’re not sales people. We’re matchmakers. We introduce people to houses, until they find the one they love.
Welcome 2019 is now in full swing and already is shaping up to be a very interesting year in the property and finance market. Throughout 2018 the property pendulum swung back and forth, resulting in most areas around the country, levelling off and shifting into what can only be best described as a ‘post-boom’ status. What is pleasing however, is that the so-called ‘bursting of the bubble’ that so many predicted did not occur and as we near the end of the first quarter, both seller and buyer sentiment is steady and thus, demonstrating confidence in the market. What is becoming extremely clear in this current climate though is the skill of agent - their tenacity, their drive, their financial aptitude, their ability to negotiate, their effort, their adaptability, their compassion and of course, their capacity to remain focused. Blocking out the noise from the media and focusing on key property fundamentals has certainly been 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 84% auction clearance rate! We’re also really proud to share that our first of the year ‘in-room’
auctions held late January at Castle Hill RSL saw 9 out of 11 properties sold in one night. It was 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. As we continue to organically grow our market share in our home suburb, we are constantly striving to deliver an exceptional experience for all who engage with us. In doing so, we have identified a growing desire of buyers not only looking to purchase locally, but to also invest in ‘out of town’ areas where rental yields may be more favourable. In order to nurture this need, Ray White Castle Hill is offering a no obligation appointment with our Head of Investments, who can advise and assist you in your wealth creation through property and financial solutions. If you would like to know more, simply email your name and contact phone number to: castlehill. solutions@raywhite.com. In the coming weeks, we will also have a page on our website dedicated to this new service, so be sure to check in regularly.
We look forward to assisting you throughout 2019 and welcome your enquiries, be it selling, buying, renting, leasing or investing. Our office is open Monday – Saturday, 9am5pm and can be phoned on 02 9680 2255.
Philip Kelly and David Dowling Directors | Ray White Castle Hill
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Based Based onlast 132 on recorded 132 recorded House sales sales withinwithin the 12 months (2018)House the last the 12last months 12House months (2018) (2018) Based Based onBased on 132 132 recorded on recorded 132 recorded House sales House sales within sales withinwithin thethe lastlast 12 the months 12last months 12(2018) months (2018)(2018) Based on a rolling 12 month period and may differ Basedfrom Based on acalendar rolling on a 12 rolling month 12 period month and period may and differ may differ year statistics calendar calendar year statistics yearand statistics Based Based on aon Based rolling afrom rolling on 12 afrom month 12 rolling month period 12 period month and period may may differ and differ may differ fromfrom calendar calendar from year calendar year statistics statistics year statistics
Previous Median Price: $1,550,000 Current Current Median Current Median Price: Median Price: $1,489,950 Price: $1,489,950 $1,489,950 Previous Previous Median Median Price: Price: $1,550,000 $1,550,000 Previous Previous Previous Median Median Price: Median Price: $1,550,000 Price: $1,550,000 $1,550,000
Based on 296 recorded House sales compared over the last two 12recorded month periods Based on Based 296 rolling recorded on 296 House sales House compared sales compared over the over last two the last two rolling 12rolling month 12periods month periods Based Based on 296 onBased recorded 296 recorded on 296 House recorded House sales sales compared House compared sales over compared over the last thetwo over last two the last two
Recently Sold Properties rolling rolling 12 month 12rolling month periods 12 periods month periods
12 TOORAK CRT 12 TOORAK 12 TOORAK CRT CRT 12 12 TOORAK TOORAK 12 TOORAK CRT CRT CRT
208 BOUNDARY RD 208 BOUNDARY 208 BOUNDARY RD RD 208208 BOUNDARY BOUNDARY 208 BOUNDARY RDRD RD
$1,300,000 208 BOUNDARY RD 4 beds | 2 baths | 6 cars 885 m² 3 ROWENA PL 3 ROWENA 3 ROWENA PL PL 3 ROWENA 3 ROWENA 3 ROWENA PL PL PL
$1,880,000 12 TOORAK CRT 5 beds | WAY 2 baths | 4 cars 1,236 m² 5 ARUNDEL 5 ARUNDEL 5 ARUNDEL WAYWAY 5 ARUNDEL 5 ARUNDEL 5 ARUNDEL WAY WAY WAY
$1,643,000 3 ROWENA PL 6 beds | 2 baths | 3 cars 924 m²
$1,391,000 5 ARUNDEL WAY 4 beds | 3 bath | 2 cars 450 m²
Source: pricefinder.com.au | Properties included may/may not be sold by Ray White
BasedBased on recorded on recorded House sales sales withinwithin the 12the 12 months (2018)House months (2018) (2018) Based Based onBased on recorded recorded on months recorded House House sales House sales within sales within thewithin the 12 12the 12 months months (2018) months (2018)(2018) Based on a rolling 12 month period and may differ Basedfrom Based on acalendar rolling on a 12 rolling month 12 period month and period may and differ may differ year statistics calendar calendar year statistics yearand statistics Based Based on aon Based rolling afrom rolling on 12 afrom month 12 rolling month period 12 period month and period may may differ and differ may differ fromfrom calendar calendar from year calendar year statistics statistics year statistics
4 HARVEY PL 4 HARVEY 4 HARVEY PL PL 4 HARVEY 4 HARVEY 4 HARVEY PL PL PL
$1,080,000 4 HARVEY PL beds | 2 baths 7 4KALUMNA CL | 2 cars 853 m² 7 KALUMNA 7 KALUMNA CL CL 7 KALUMNA 7 KALUMNA 7 KALUMNA CLCL CL
$1,225,000 7 KALUMNA CL 4 beds | 2 baths | 2 cars 770 m²
Based Based onBased 112 on 112 recorded on recorded 112 recorded House House sales House sales within within sales within last last 12 the months 12last months 12 (2018) months (2018) (2018) Based Based onthe Based 112 onthe 112 recorded on recorded 112 recorded House House sales House sales within within sales within the the lastlast 12the months 12last months 12(2018) months (2018) (2018) Based Based on aon Based rolling a rolling 12 on month a12 rolling month period 12period month and and may period may differ and differ may differ calendar calendar from year calendar year statistics statistics year statistics Based Based on afrom on Based rolling afrom rolling 12 on month a12 rolling month period 12period month and and may period may differ and differ may differ fromfrom calendar calendar from year calendar year statistics statistics year statistics
QUICK FACTS
HOUSE
17 17 HIBISCUS HIBISCUS 17 HIBISCUS PL PL PL 17 17 HIBISCUS HIBISCUS 17 HIBISCUS PL PL PL
Median Sale Price
$1.49m
Current Current Median Current Median Price: Median Price: $1,500,000 Price: $1,500,000 $1,500,000 Previous Previous Median Previous Median Price: Median Price: $1,550,000 Price: $1,550,000 $1,550,000 Previous Previous Median Previous Median Price: Median Price: $1,550,000 Price: $1,550,000 $1,550,000
Based Based on 276 onBased recorded 276 recorded on House 276 recorded House salessales compared House compared sales overcompared over the last thetwo last overtwo the last two rolling rolling 12recorded month 12 rolling month periods 12 periods month periods Based Based on 276 onBased recorded 276 recorded on House 276 House sales sales compared House compared sales over compared over the last thetwo last overtwo the last two rolling rolling 12 month 12 rolling month periods 12 periods month periods
Suburb Growth
-3.9%
# Sold Properties
132
206206 SHEPHERDS SHEPHERDS 206 SHEPHERDS DRDR DR 206206 SHEPHERDS SHEPHERDS 206 SHEPHERDS DRDR DR
$1,496,250 17 HIBISCUS PL 5 beds | 4 baths | 2 cars 754 m² 11 11 TORRENS TORRENS 11 TORRENS PL PL PL 11 11 TORRENS TORRENS 11 TORRENS PL PL PL
206 SHEPHERDS DR 4 beds | 2 baths | 2 cars 753 m² 30 30 WISTERIA WISTERIA 30 WISTERIA CRES CRESCRES 30 30 WISTERIA WISTERIA 30 WISTERIA CRES CRESCRES
$1,300,000 30 WISTERIA CRES 4 beds | 3 bath | 2 cars 819 m²
Source: pricefinder.com.au | Properties included may/may not be sold by Ray White
Based Based on aon Based rolling a rolling 12 on month a12 rolling month period 12period month and and may period may differ and differ may differ calendar calendar from year calendar year statistics statistics year statistics Based Based on afrom on Based rolling afrom rolling 12 on month a12 rolling month period 12period month and and may period may differ and differ may differ fromfrom calendar calendar from year calendar year statistics statistics year statistics
14 14 MONASTERY MONASTERY 14 MONASTERY PL PL PL 14 14 MONASTERY MONASTERY 14 MONASTERY PL PL PL
$1,410,000
$1,350,000 11 TORRENS PL 4 beds | 2 baths | 2 cars 890 m²
Based Based onBased recorded on recorded on recorded House House sales House sales within within sales thewithin the 12 12 the 12 months (2018) months (2018) (2018) Based Based onBased recorded on recorded onmonths recorded House House sales House sales within within sales thewithin the 12 12 the 12 months months (2018) months (2018) (2018)
$1,557,000 14 MONASTERY PL 5 beds | 2 baths | 2 cars 740 m² 21 21 CLARIDGE CLARIDGE 21 CLARIDGE CLCL CL 21 21 CLARIDGE CLARIDGE 21 CLARIDGE CLCL CL
$1,255,000 21 CLARIDGE CL 4 beds | 2 baths | 2 cars 608 m² 5
Top 20 House Sales Address
Sold date
Land size
Price
1
12
TOORAK CRT
22/2/2019
1236m2
$1,880,000
2
4
CLIFTON PL
16/11/2018
801m2
$1,750,000
3
3
ROWENA PL
19/12/2018
924m2
$1,643,000
4
1
ZULFI CL
8/11/2018
600m2
$1,620,000
5
64
SHEPHERDS DR
8/12/2018
1101m2
$1,585,000
6
14
MONASTERY PL
5/12/2018
753m2
$1,557,000
7
17
HIBISCUS PL
12/12/2018
755m2
$1,496,250
8
27
ARUNDEL WAY
24/11/2018
471m2
$1,475,000
9
47
MANUKA CIR
26/11/2018
753m2
$1,470,000
10
3
WISTERIA CRES
12/2/2019
765m2
$1,450,000
Properties included may/may not be sold by Ray White
Address
Sold date
Land size
Price
11
206
SHEPHERDS DR
11/12/2018
753m2
$1,410,000
12
5
ARUNDEL WAY
9/2/2019
450m2
$1,391,000
13
11
TORRENS PL
7/12/2018
890m2
$1,350,000
14
208
BOUNDARY RD
9/1/2019
885m2
$1,300,000
15
30
WISTERIA CRES
15/11/2018
818m2
$1,300,000
16
12
WILTSHIRE CRT
9/11/2018
587m2
$1,280,000
17
21
CLARIDGE CL
17/11/2018
608m2
$1,255,000
18
7
KALUMNA CL
30/1/2019
770m2
$1,225,000
19
57
TALLOWWOOD AVE
2/11/2018
751m2
$1,200,000
20
4
HARVEY PL
13/2/2019
853m2
$1,080,000
Properties included may/may not be sold by Ray White
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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! And you’ll also enjoy doing some D.I.Y. without the summer heat. 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 Fertilising your lawn will 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. You should aim to fertilise twice a year for the best results. Prune Trees Pruning helps improve the health and overall appearance of your trees. Removing dead or dying branches promotes crop growth in fruit trees. Plant Bulbs Planting bulbs is a great way to add a splash of colour to your garden. You’d be surprised
how many different colours, sizes and types of bulbs that you can choose from. Autumn is the perfect time of year to plant them as they’ll have enough time to grow before they are ready to flourish in spring. Bulbs are really easy to grow although make sure that you choose a spot with plenty of sunlight. 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. Also make sure before you build your garden bed to consider the location because the levels of sun and shade will determine which type of plants will grow. 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. A good tip is to avoid
overcrowding your trees with other plants or structures like fences as this will curb their growth. 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-andgrowing/seven-autumn-gardening-tips
Median House Prices 60
$1,600,000
55 50
$1,500,000
45 40
$1,450,000
35 30
$1,400,000
15 10
$1,300,000
5 0 FEB
JAN 2019
DEC
NOV
OCT
SEP
AUG
JULY
JUN
MAY
APR
$1,250,000
NUMBER OF SALES
20
$1,350,000
MAR
MEDIAN SALE PRICE
25
MONTH
Number of sales
Median sale price
9
Recent Activity Sales by Price - Past 12 months House
Unit
$200K-$300K
1
1
1%
$400K-$500K
1
1
1%
1
1%
1
1%
$600K-$700K
1
Past 12 Months 150 Sales
$700K-$800K
1
$800K-$900K
2
5
7
$900K-$1M
3
10
13
$1M-$1.25M
15
6
21
$1.25M-$1.5M
47
47
31%
$1.5M-$1.75M
36
36
24%
$1.75M-$2M
14
14
$2M-$2.5M
2
2
1%
$2.5M-$3M
1
1
1%
5% 9%
$1.25M-$1.5M 14%
9%
47 Sales
Your Local Team
Philip Kelly 0407 000 991
Daniel Llamas 0421 908 736
Odette Roach 9680 2255
Kael Sharp 0435 821 736
Karl Anthony 0457 120 174
Margarete Kwarcinski 9680 2255
Sylvester Wijaya 02 9680 2255
Kieron Stedman 0433 124 734
Matthew Langdon 0431 037 478
Paul Conti 0414 981 005
Robbie Awad 0428 888 648
Hilda Bandiera 9680 2255
Yong Park 0402 486 424
Phil Haq 0452 054 290
Joel Simpson 0450 907 598
Peter Iann 0488 002 222
Jayden Potten 0402 604 828
Tony Yee 02 9680 2255
Warren Tam 0412 067 934
Joseph Meyer 0417 675 741
David Xiao 0433 009 018
Siobhan Robinson 9680 2255
Michael Karanicolas 0411 062 888
Brendan Jackson 0404 088 783
Hannah Dowling 9680 2255
Stella Zhang 0452 557 858
Kimberley Hatchett 9680 2255
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Ray White Castle Hill 287C Old Northern Road, Castle Hill NSW 2154 T 02 9680 2255 W raywhitecastlehill.com.au  Follow us on Facebook facebook.com/raywhitecastlehill
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