Glenwood 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
Based recorded the laston 12 115 months (2018)House sales within the last 12 months (2018) BasedBased on 115on recorded 115 recorded House House sales within sales within the last the 12last months 12 months (2018)(2018)
GLENWOOD - Recently Sold Properties Based on a rolling 12 month period and may differ Based on a rolling month period and may differ from calendar year 12 statistics calendar year statistics Based on Based a rolling on afrom 12 rolling month 12period month and period mayand differ may differ from calendar from calendar year statistics year statistics
Based on 304 recorded House sales compared over the last two Basedrolling on 304 House sales compared over the last two 12recorded month periods rolling 12 month Based onBased 304 recorded on 304 recorded House sales House compared sales periods compared over the last overtwo the last two
Recently Sold Houses
23 LORIKEET ST 23 LORIKEET ST 23 LORIKEET 23 LORIKEET ST ST
Median Sale Price
Basedmonths on recorded (2018)House sales within the 12 months (2018) Based BasedBased on onrecorded 104 onrecorded recorded House House House sales sales within saleswithin within the 12the 12 the last months 12 months months (2018) (2018) (2018)
Previous Median Price: $1,020,000 Current Current Median Median Price: Price: $980,000 $980,000 Previous Median Price: $1,020,000 Previous Previous Median Median Price: Price: $1,020,000 $1,020,000
rolling 12rolling month12 periods month periods
4 IPSWICH AVE 4 IPSWICH AVE 4 IPSWICH 4 IPSWICH AVE AVE
Suburb Growth
Based on a rolling 12 month period and may differ Based on a rolling month period and may differ from calendar year 12 statistics from calendar year statistics Based Basedon on Based aarolling rolling on a12 12 rolling month month 12period period month and and period may mayand differ differ may differ from fromcalendar calendar from calendar year yearstatistics statistics year statistics
17 VANESSA CRT 17 VANESSA CRT 17 17PACKSADDLE VANESSA 17 VANESSA CRTSTCRT
# Sold Properties
27
$988k
-3.2%
104
Based on 104 recorded House sales within the last 12 months (2018)
Current Median Price: $987,500 Previous Median Price: $1,020,000
Based on recorded House sales within the 12 months (2018)
Based on a rolling 12 month period and may differ from calendar year statistics
Based on 293 recorded House sales compared over the last two rolling 12 month periods
Based on a rolling 12 month period and may differ from calendar year statistics
$1,031,000
23 LORIKEET ST 4 beds | 2 baths | 2 cars 526 m² PACKSADDLE ST 46 17 CASINO ST 46 CASINO ST 46 CASINO 46 CASINO ST ST
$1,200,000
4 IPSWICH AVE 7 beds | 3 baths | 2 cars 515 m² 27 LORIKEET 1 DRAPER ST ST 1 DRAPER ST 1 DRAPER 1 DRAPER ST ST
$863,000
17 PACKSADDLE ST 3 beds | 2 baths | 2 cars 612 m² 3 KINGSVIEW WAY 3 KINGSVIEW WAY 3 KINGSVIEW WAY 13DRAPER KINGSVIEW 3 KINGSVIEW ST WAY WAY
46 $995,000
$970,000 46 CASINO ST 5 beds | 2 baths | 3 cars 551 m²
$1,085,000 27 LORIKEET ST 5 beds | 3 baths | 2 cars 539 m²
Source: pricefinder.com.au | Properties included may/may46 notCASINO be sold byST Ray White 1 DRAPER ST
$1,100,000 Dec
2018 3 KINGSVIEW WAY 54 Days m² 4 beds | 3 baths | 2656 cars 697 4m² PLUM GDNSST 2818 EQUESTRIAN 28 EQUESTRIAN ST 2728NYDEGGAR AVE EQUESTRIAN 28 EQUESTRIAN ST ST
2
2
7H
QUICK FACTS
Median Sale Price 20 COOKSON PL 20 20 COOKSON COOKSON PLPL
$975K
Suburb Growth
-4.4%
20 20 COOKSON 20 COOKSON COOKSON PL PLPL
# Sold Properties 54 KNIGHTSBRIDGE AVE 12154 54 KNIGHTSBRIDGE KNIGHTSBRIDGE AVE AVE
182 MEURANTS LANE 182182 MEURANTS MEURANTS LANE LANE
54 54 KNIGHTSBRIDGE 54 KNIGHTSBRIDGE KNIGHTSBRIDGE AVE AVE AVE
182182 MEURANTS 182 MEURANTS MEURANTS LANE LANE LANE
$1,025,000
$786,000
$1,100,000
20 COOKSON PL 5 GOOSEBERRY PL | 2 cars 550 m² 4 beds | 3 baths 5 GOOSEBERRY 5 GOOSEBERRY PLPL
54 KNIGHTSBRIDGE AVE 5 SOUTHWAITE CRES 3 beds | 2 baths | 2 cars 331 m² 5 SOUTHWAITE 5 SOUTHWAITE CRES CRES
182 MEURANTS LANE 4 beds | 3 bathsWAY | 2 cars 529 m² 17 MONTVIEW 17 17 MONTVIEW MONTVIEW WAY WAY
5 GOOSEBERRY 5 GOOSEBERRY 5 GOOSEBERRY PL PLPL
5 SOUTHWAITE 5 SOUTHWAITE 5 SOUTHWAITE CRES CRES CRES
17 17 MONTVIEW 17 MONTVIEW MONTVIEW WAY WAY WAY
$827,000 5 GOOSEBERRY PL 4 beds | 2 baths | 2 cars 452 m²
$745,000 5 SOUTHWAITE CRES 4 beds | 1 baths | 2 cars 617 m²
$920,000 17 MONTVIEW WAY 4 beds | 2 baths | 5 cars 450 m²
Source: pricefinder.com.au | Properties included may/may not be sold by Ray White
Prepared on 06/03/2019 by Ray White Castle Hill , 07 3231 2200 at Ray White Corporate Default. © Property Data Solutions Pty Ltd 2019 (pricefinder.com.au)
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Top 20 House Sales Address
Sold date
Land size
Price
1
1
SWANSEA CRT
10/1/2019
418m2
$1,220,000
2
4
IPSWICH AVE
29/1/2019
515m2
$1,200,000
3
182
MEURANTS LANE
13/2/2019
529m2
$1,100,000
4
3
KINGSVIEW WAY
9/12/2018
697m2
$1,100,000
5
27
LORIKEET ST
9/12/2018
539m2
$1,085,000
6
23
LORIKEET ST
31/1/2019
526m2
$1,031,000
7
20
COOKSON PL
20/2/2019
550m2
$1,025,000
8
17
SELINA PL
20/2/2019
450m2
$1,000,900
9
1
DRAPER ST
3/12/2018
656m2
$995,000
10
46
CASINO ST
5/12/2018
551m2
$970,000
Properties included may/may not be sold by Ray White
Address
Sold date
Land size
Price
11
74
HUNGERFORD DR
27/12/2018
510m2
$935,000
12
226
GLENWOOD PARK DR
21/11/2018
519m2
$925,000
13
17
MONTVIEW WAY
20/2/2019
450m2
$920,000
14
7
HIGHCLAIRE PL
21/11/2018
385m2
$919,000
15
17
PACKSADDLE ST
1/12/2018
612m2
$863,000
16
14
SOUTHWAITE CRES
21/11/2018
450m2
$852,000
17
5
GOOSEBERRY PL
5/2/2019
453m2
$827,000
18
17
VANESSA CRT
18/12/2018
485m2
$815,000
19
54
KNIGHTSBRIDGE AVE
19/2/2019
331m2
$786,000
20
27
NYDEGGAR AVE
24/11/2018
471m2
$780,000
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 $1,100,000
24 22
$1,000,000
20 18
$900,000
16 14
$800,000
12
6 $600,000
4 2
$500,000 FEB
JAN 2019
DEC
NOV
OCT
SEP
AUG
JULY
JUN
MAY
APR
0
NUMBER OF SALES
8
MAR
MEDIAN SALE PRICE
10 $700,000
MONTH
Number of sales
Median sale price
9
Recent Activity Sales by Price - Past 12 months House
Unit
0-$200K
2
2
$500K-$600K
1
1
$600K-$700K
2
2
$700K-$800K
15
$800K-$900K
17
17
$900K-$1M
34
34
$1M-$1.25M
43
43
$1.25M-$1.5M
7
7
1
16
2%
Past 12 Months
1%
124 Sales
2% 13% 14% 28% 35% 6%
$1M-$1.25 43 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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