Glenhaven 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
3
Recently Sold Houses
9 PLYMPTON WAY 9 PLYMPTON 9 PLYMPTON WAY WAY
390390 OLD NORTHERN RDRDRD 390 OLD OLD NORTHERN NORTHERN
48 48 GLENHAVEN RDRDRD 48 GLENHAVEN GLENHAVEN
99 PLYMPTON WAY PLYMPTON 9 PLYMPTON WAY WAY
390 OLD NORTHERN RD 390390 OLD OLD NORTHERN NORTHERN RDRD
48 RD 48 GLENHAVEN 48 GLENHAVEN GLENHAVEN RDRD
$3,150,000
$2,450,000
$1,862,000
9 PLYMPTON WAY 5 beds | 4 baths | 4 cars 1,741 m² 23 23 EVANS RDRDRD 23 EVANS EVANS
390 OLD NORTHERN RD 4 beds | 3 baths | 5 cars 4,001 m² 24 24 GLENHAVEN RDRDRD 24 GLENHAVEN GLENHAVEN
48 GLENHAVEN RD 5 beds | 2 baths | 3 cars 1,063 m² 1 PLYMPTON WAY 1 PLYMPTON 1 PLYMPTON WAY WAY
23 RD 23 EVANS 23 EVANS EVANS RDRD
24 RD 24 GLENHAVEN 24 GLENHAVEN GLENHAVEN RDRD
11 PLYMPTON WAY PLYMPTON 1 PLYMPTON WAY WAY
$1,130,000 23 EVANS RD 4 beds | 2 baths | 2 cars 908 m²
$1,095,000 24 GLENHAVEN RD 4 beds | 2 baths | 2 cars 908 m²
Source: pricefinder.com.au | Properties included may/may not be sold by Ray White
$2,275,000 1 PLYMPTON WAY 5 beds | 4 baths | 3 cars 966 m²
Current Current Median Current Median Price: Median Price: $1,615,000 Price: $1,615,000 $1,615,000 Previous Previous Median Previous Median Price: Median Price: $1,700,000 Price: $1,700,000 $1,700,000
Based Based on 63 Based onrecorded 63 on recorded 63 House recorded House sales House sales within within sales the within the the last last 12 months 12last months 12 (Oct months (Oct '17 -'17 Sep (Oct - Sep '18) '17 '18) - Sep '18)
Based Based on recorded Based on recorded on House recorded House sales House sales within within sales the within 12 the 12the 1 months months (Oct months (Oct '17 -'17 Sep (Oct - Sep '18) '17 '18) - Sep '18)
GLENHAVEN GLENHAVEN GLENHAVEN - Recently - Recently Sold Sold Sold Properties Properties Properties QUICK FACTS - Recently Based Based on a rolling on Based a rolling 12 onmonth a12 rolling month period 12 period month and may and period differ may and differ may differ from calendar from calendar from yearcalendar statistics year statistics year statistics
Median Sale Price
$1.67m
19 GLENSHEE 19 GLENSHEE 19 GLENSHEE PL PL PL
Suburb Growth
-1.9%
BasedBased on 154on recorded Based 154 recorded onHouse 154 recorded House sales compared sales House compared sales overcompared the over lastthe two last overtwo the last two rolling rolling 12 month 12rolling month periods 12 periods month periods
Based Based on a rolling on Based a rolling 12 onmonth a12 rolling month period 12 period month and may and period differ may and differ may differ from calendar from calendar from yearcalendar statistics year statistics year statistics
# Sold Properties
60
36 SANDHURST 36 SANDHURST 36 SANDHURST CRES CRESCRES
11 HIGHETT 11 HIGHETT 11 HIGHETT PL PL PL
Median Median Median Sale Sale Sale Price Price Price
Suburb Suburb Suburb Growth Growth Growth
$1.67m $1.67m $1.67m
-1.9% -1.9% -1.9%
60 6060
Based Based on Based 60 on recorded 60 recorded on 60 House recorded House sales House sales within within sales thewithin the the lastlast 12 months 12last months 12(2018) months (2018) (2018)
Current Current Median Current Median Price: Median Price: $1,670,000 Price: $1,670,000 $1,670,000 Previous Previous Median Previous Median Price: Median Price: $1,702,500 Price: $1,702,500 $1,702,500
Based Based on Based recorded on recorded on House recorded House sales House sales within within sales thewithin the 12 12 the 12 months months (2018) months (2018) (2018)
Based Based on aon rolling Based a rolling 12 on month a12 rolling month period 12period month and and may period may differ and differ may differ $1,540,000 fromfrom calendar calendar from year calendar year statistics statistics year statistics
19 GLENSHEE PL 4 beds | 2 baths | 2 cars 1,041 m²
54 54 LINKSLEY LINKSLEY 54 LINKSLEY AVE AVE AVE 23 EVANS 23 EVANS 23RD EVANS RD RD
$1,780,000
Based Based on 144 onBased recorded 144 recorded on House 144 House recorded salessales compared House compared sales overcompared over the last thetwo last overtwo the last two rolling rolling 12 month 12 rolling month periods 12 periods month periods
36 SANDHURST CRES 5 beds | 3 baths | 3 cars 1,525 m²
6 BADENOCH 6 BADENOCH 6 BADENOCH AVE AVE AVE 3 AMELIA 3 AMELIA 3 GODBEE AMELIA GODBEE GODBEE AVEAVE AVE $1,130,000 $1,130,000 $1,130,000
$1,185,000 Sep Sep Sep 54 LINKSLEY AVE 2018 2018 2018 4 beds baths | 4908 cars 39 Days39 Days 39 Days | 2 908 m²908 m² m² 4 791 4 2 4m² 2 2 22
Based Based on aon rolling Based a rolling 12 on month a12 rolling month period 12period month and and may period may differ and differ may differ $1,440,000 fromfrom calendar calendar from year calendar year statistics statistics year statistics
11 HIGHETT PL 4 beds | 2 baths | 2 cars 1,117 m²
42 42 GREENBANK GREENBANK 42 GREENBANK DRDR DR 28A28A MILLS MILLS 28A RD MILLS RD RD $1,250,000 $1,250,000 $1,250,000
$1,260,000 Sep Sep Sep 6 BADENOCH AVE 2018 2018 2018 4 beds baths 2 cars 3 Days 3 Days |32 Days 1,010|1,010 m² m²1,010 m²4 m² 2 41,003 2 4 2 3 23
Source: pricefinder.com.au | Properties included may/may not be sold by Ray White
69 69 CARINDA CARINDA 69 CARINDA DRDR DR
# #Sold Sold # Sold Properties Properties Properties
21 21 CAIRNGORM CAIRNGORM 21 CAIRNGORM AVE AVE AVE
$2,950,000 $2,950,000 $2,950
$1,405,000 Aug Aug Aug 42 GREENBANK DR 2018 2018 2018 5 beds | 2 baths cars 98 Days98 Days 98 Days| 7 1,187 1,187 m² 900 m²1,187 3 5m²m²5 3 5 3 3 3 3 5
49 49 LINKSLEY LINKSLEY 49 LINKSLEY AVE AVE AVE
Top 20 House Sales Address
Sold date
Land size
Price
1
6
GILMOUR CL
22/1/2019
19020m2
$8,800,000
2
9
PLYMPTON WAY
8/11/2018
1741m2
$3,150,000
3
390
OLD NORTHERN RD
7/11/2018
4001m2
$2,450,000
4
1
PLYMPTON WAY
8/11/2018
966m2
$2,275,000
5
48
GLENHAVEN RD
29/11/2018
1063m2
$1,862,000
6
4
MILLS RD
1/11/2018
1256m2
$1,850,000
7
143
GLENHAVEN RD
14/12/2018
20400m2
$1,800,000
8
20
CROMERTY PL
11/11/2018
866m2
$1,800,000
9
21
CAIRNGORM AVE
23/1/2019
852m2
$1,575,000
10
19
GLENSHEE PL
13/10/2018
1041m2
$1,540,000
Properties included may/may not be sold by Ray White
Address
Sold date
Land size
Price
11
6
CARINDA DR
8/10/2018
3605m2
$1,460,000
12
42
GREENBANK DR
4/2/2019
900m2
$1,405,000
13
2
TEMORA RD
24/11/2018
912m2
$1,360,000
14
49
LINKSLEY AVE
15/1/2019
729m2
$1,285,000
15
13
HIGHETT PL
26/1/2019
1462m2
$1,280,000
16
6
BADENOCH AVE
5/2/2019
1003m2
$1,260,000
17
54
LINKSLEY AVE
20/2/2019
791m2
$1,185,000
18
69
CARINDA DR
25/1/2019
900m2
$1,180,000
19
7
CARINDA DR
3/11/2018
913m2
$1,150,000
20
6
CARINDA DR
8/10/2018
3605m2
$1,460,000
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
$1,000,000
2
NUMBER OF SALES
6
FEB
$1,200,000
JAN 2019
10
DEC
$1,400,000
NOV
14
OCT
$1,600,000
SEP
18
AUG
$1,800,000
JUL
22
JUN
$2,000,000
MAY
26
APR
$2,200,000
MAR
MEDIAN SALE PRICE
Median House Prices
MONTH
Number of sales
Median sale price
9
Recent Activity Sales by Price - Past 12 months House $400K-$500K
Unit 1
2%
1
1
2%
1
$800K-$900K
Past 12 Months 64 Sales
$900K-$1M
1
1
2
$1M-$1.25M
11
2
13
21%
$1.25M-$1.5M
13
13
21%
$1.5M-$1.75M
10
10
$1.75M-$2M
11
11
$2M-$2.5M
4
4
$2.5M-$3M
3
3
5%
$1.25M-$1.5
>$3M
3
3
5%
13 Sales
3%
16% 17% 6%
$1M-$1.25 13 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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