Glenwood Market Report Summer 2017/18
Ray White Castle Hill is the proud sponsor of
Welcome Moving into the warmer months we are seeing some of the expected seasonal impact on our immediate market. However with interest rates staying on hold for the time being the current window of opportunity is likely to continue for some time. What has become incredibly apparent in the climate we are in today is that while premium results still remain, the skill set of the agent is at the heart of the success achieved. As the days of huge levels of buyer interest has dropped, the agents must successfully reallocate their time on negotiation rather than a strong reliance on market forces. This may seem like a logical process however it is critical that any agent who is working in a seller’s best interest is adapting to this changing market and providing they do, the results remain positive. Our auctions continue to produce sales that have exceeded our vendor’s expectations which is a result we are very proud of and demonstrates both the skill of the agents involved as well as the great support they receive from the rest of our team. A number of our past auctions
are able to be viewed on Facebook and I encourage anyone interested to take the time to view one of these auctions as it can give great insights into the process but can also prove to be very entertaining! We would like to take the opportunity to thank our local community for their continued support throughout 2017, it has proved to be yet another successful year for all involved. On behalf of the team at Ray White Castle Hill we wish you season’s greetings and a prosperous 2018!
Philip Kelly and David Dowling Directors | Ray White Castle Hill
3
the last 12 months (Oct '16 - Sep '17) Based Based Based on 169 on 169 on recorded 169 recorded recorded House House House sales sales within sales within within the the last the last 12last months 12 months 12 months (Oct(Oct '16 (Oct '16 - Sep '16 - Sep '17) - Sep '17)'17) Based on a rolling 12 month period and may differ from calendar year statistics
Previous Median Price: $900,000 Current Current Current Median Median Median Price: Price: $1,012,000 Price: $1,012,000 $1,012,000 Previous Previous Previous Median Median Median Price: Price: $900,000 Price: $900,000 $900,000
Based on 353 recorded House sales compared over the last two rolling 12 month periods
Recently sold properties
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
9 BEAUMONT AVE 52 52 ROTHWELL ROTHWELL CCT CCT 9 BEAUMONT 9 BEAUMONT 9 BEAUMONT AVE AVE AVE
Based Based on Based 353 on recorded 353 onrecorded 353 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
months (Oct '16 - Sep '17) Based Based Based on recorded on recorded on recorded House House House sales sales within sales within within the the 12 the 12 12 months months months (Oct(Oct '16 (Oct '16 - Sep '16 - Sep '17) - Sep '17)'17) Based on a rolling 12 month period and may differ from calendar year statistics
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
243 GLENWOOD PARK DR
120 GLENWOOD PARK DR
243243 GLENWOOD 243 GLENWOOD GLENWOOD PARK PARK PARK DRDRDR
305305 GLENWOOD GLENWOOD PARK PARK DRDR 120120 GLENWOOD 120 GLENWOOD GLENWOOD PARK PARK PARK DRDRDR $1,169,000 $1,169,000
$935,000 9 BEAUMONT AVE bed | 2 bath CCT | 2 garages 485 m² 524ROTHWELL
$1,050,000 243 GLENWOOD PARK DR 4 bed | 2 bath | 2 garages 651 m² 17 17 IPSWICH IPSWICH AVE AVE
52 52 ROTHWELL 52 ROTHWELL ROTHWELL CCT CCT CCT
Nov Nov
2017 2017 19 Days 19 Days
543 m² 543 m²
$972,000
4 4
2 2
120 GLENWOOD PARK DR 3 bed305 | 2 GLENWOOD bath | 2 garages 574 m² PARK DR 12 12 OAKLEAF OAKLEAF AVE AVE 305305 GLENWOOD 305 GLENWOOD GLENWOOD PARK PARK PARK DRDRDR
2 2
$1,169,000 $1,169,000 $1,169,000 $1,169,000
$1,025,000 52 ROTHWELL CCT 4 bed | 1 bath | 1 garages 700 m²
$985,000 17 IPSWICH AVE 5 bed | 2 bath | 2 garages 360 m²
17 IPSWICH AVE Source: pricefinder.com.au | Properties included may or may not be sold by Ray White 17 17 IPSWICH 17 IPSWICH IPSWICH AVE AVE AVE
Nov
2017
19 Days Nov Nov Nov
$1,280,000
543 m²
4
2
2
12 OAKLEAF 2017 2017 2017 AVE Days 19 Days m² 543 m² 543 m² 4 4m²42 2 22 2 2 4 19bed | 319 Days bath | 2543 garages 600 12 OAKLEAF AVE 12 12 OAKLEAF 12 OAKLEAF OAKLEAF AVE AVE AVE
Oct
Median Sale Price
$1.01m
Suburb Growth
+12.4%
Oct
2017 2017
# Sold Properties
35 Days 35 Days Oct Oct
Oct
35 Days 35 Days
35 Days
2017 2017 2017
169
427 m² 427 m²
3
427 m² 427 m² 4273m²
3
2
3
232
13 13 OAKLEAF OAKLEAF AVE AVE
46 46 BURNHAM BURNHAM AVE AVE
174174 MEURANTS MEURANTS LANE LANE
13 13 OAKLEAF OAKLEAF 13 OAKLEAF AVE AVE AVE
46 46 BURNHAM BURNHAM 46 BURNHAM AVE AVE AVE
174174 MEURANTS MEURANTS 174 MEURANTS LANE LANELANE
$1,295,000 13 OAKLEAF AVE 525 bed | 2 bathST | 2 garages 500 m² WARDIA ADDRESS ADDRESS AVAILABLE AVAILABLE ONON REQUEST REQUEST
$750,000 46 BURNHAM AVE 3 bed | 1 bath | 1 garages 324 m² 14 14 ALIALI PL PL
ADDRESS ADDRESS ADDRESS AVAILABLE AVAILABLE AVAILABLE ONON REQUEST REQUEST ON$1,000,000 REQUEST ALIALI PL 14PL ALI PL $1,000,000 14 14
2
2
2
2 22
2
$970,500 174 MEURANTS LANE 3 bed | 52 ADRIAN bath | 2 garages 527 m² ST 3 HONEYEATER 3 HONEYEATER TCE TCE $875,000
3 HONEYEATER 3 HONEYEATER 3 HONEYEATER TCE TCE TCE
$1,000,000 $1,000,000 $1,000,000
Oct
$1,220,000
Oct
2017 2017 35 Days 35 Days 500 m² 500 m² 4 4 2 2 2 2 Oct Oct Oct 25 WARDIA ST 2017 2017 2017 5 bed | 2 bath | 2 garages 535 m² 35 Days 35 Days 35 Days 500 m² 500 m² 5004m²
4
242
2 22
$885,000 2
14 ALI PL 3 bed | 1 bath | 1 garages 450 m²
13 OAKLEAF AVE | Properties included may or may not46 BURNHAM AVE Source: pricefinder.com.au be sold by Ray White 19 19 STALLION STALLION GLEN GLEN
Oct
2017 35 Days
$980,000
427 m²
3 HONEYEATER TCE 4 bed | 2 bath | 2 garages 461 m² 174 MEURANTS LANE 30 30 JEREMY JEREMY GRGR
3
2
5
2
Top 20 house sales Address
Sold date
Land size
Price
1
44
ROTHWELL CCT
16/10/2017
700m2
$1,450,000
2
5
GARRISON WAY
14/11/2017
702m2
$1,342,500
3
8
CALEEN ST
6/10/2017
562m2
$1,310,000
4
13
OAKLEAF AVE
30/10/2017
500m2
$1,295,000
5
12
OAKLEAF AVE
11/11/2017
600m2
$1,280,000
6
30
JEREMY GR
7/10/2017
535m2
$1,265,000
7
25
WARDIA ST
7/11/2017
535m2
$1,220,000
8
305
GLENWOOD PARK DR
15/11/2017
543m2
$1,169,000
9
10
DIAMOND AVE
4/9/2017
556m2
$1,132,000
10
23
APPLEBOX AVE
24/10/2017
550m2
$1,120,000
Properties included may/may not be sold by Ray White
Address
Sold date
Land size
Price
11
243
GLENWOOD PARK DR
23/11/2017
651m2
$1,050,000
12
18
PACKSADDLE ST
6/10/2017
481m2
$1,050,000
13
52
ROTHWELL CCT
17/11/2017
700m2
$1,025,000
14
4
CRAMER PL
15/11/2017
544m2
$1,022,000
15
5
GLENWOOD PARK DR
25/10/2017
500m2
$1,000,000
16
73
SHAUN ST
15/9/2017
485m2
$1,000,000
17
19
STALLION GLEN
12/10/2017
450m2
$1,000,000
18
8
PLUTO CRT
9/9/2017
531m2
$986,000
19
17
IPSWICH AVE
12/11/2017
360m2
$985,000
20
3
HONEYEATER TCE
16/10/2017
461m2
$980,000
Properties included may/may not be sold by Ray White
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Renovating your kitchen is an exciting yet daunting task and for most people it’s something they only want to do once. It’s important to get the colour scheme right so it doesn’t date and lasts the same life as the kitchen itself. Black, White and Grey
White and Timber
Separating black and white block colours with grey tones creates a long lasting look that remains sophisticated.
There’s something very natural about a timber and white combination, these two pallets compliment each other well. Laminate is now commonly available for a budget alternative.
White on White
Blues and Greys
White on white isn’t everyones cup of tea but it’s certainly timeless. It’s an easy colour to match other kitchen accessories and appliances with and creates a high end finished look.
These tones together are great for anyone who enjoys more colour without going overboard or being fearful of it dating. Adding a splash of white helps to break up the darkness.
Median house prices $1,100,000
24 22
$1,000,000
20 18
$900,000
16 14
$800,000
12
8 6
$600,000
4 2
$500,000 NOV
OCT
SEP
AUG
JULY
JUN
MAY
APR
MAR
FEB
JAN 2017
DEC
0
NUMBER OF SALES
MEDIAN SALE PRICE
10 $700,000
SALE MONTH
Number of sales
Median sale price
9
Recent Activity Sales by Price - Last 12 months House
Unit
$0-$200k
1
1
1%
Last 12 months
$200k-$300k
1
1
1%
178 sales
$500k-$600k
1
1
1%
$600k-$700k
1
1
1%
$700k-$800k
8
$800k-$900k
26
26
$900k-$1M
46
46
$1M-$1.25M
74
74
$1.25M-$1.5M
18
18
$1.5M-$1.75M
3
3
2
10
5%
$1M-$1.25M
14%
69 sales
25% 41% 10% 2%
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
Sam Anic 0409 981 654
Paul Conti 0414 981 005
Peter Iann 0488 002 222
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Ray White Castle Hill 02 9680 2255 287C Old Northern Rd, Castle Hill NSW 2154
raywhitecastlehill.com.au