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
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Based on recorded House sales within the lastlast 12 115 months (2018) the 12last months (2018) the 12 months (2018) Based Based onBased on 115 115 recorded on recorded 115 recorded House House sales House sales within within sales within thethe lastlast 12the months 12last months 12(2018) months (2018)(2018) Based on aon rolling 12 month period and maymay differdiffer Based a rolling month period Based on a12 rolling 12 monthand period and may differ from calendar yearyear statistics from calendar statistics from calendar year statistics Based Based on aon Based rolling a rolling on 12 a month 12 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
Previous Median Price: $1,020,000 Previous Median Price: $1,020,000 Current Current Median Current Median Price: Median Price: $980,000 Price: $980,000 $980,000 Previous Median Price: $1,020,000 Previous Previous Previous Median Median Price: Median Price: $1,020,000 Price: $1,020,000 $1,020,000
Based on 304 recorded House sales compared over the last two Based onBased 304 recorded House sales compared over the last on 304 House sales compared overtwo the last two rolling 12recorded month periods rolling 12rolling month12 periods month periods Based Based on 304 onBased recorded 304 recorded on House 304 recorded House salessales compared House compared sales over compared over the last thetwo last overtwo the last two rolling rolling 12 month 12rolling month periods 12 periods month periods
Recently Sold Houses
23 23 LORIKEET ST ST LORIKEET 23 LORIKEET ST 23 23 LORIKEET LORIKEET 23 LORIKEET ST ST ST
4 IPSWICH AVE 4 IPSWICH AVE AVE 4 IPSWICH 4 IPSWICH 4 IPSWICH 4 IPSWICH AVE AVE AVE
$1,031,000 23 LORIKEET ST 4 beds | 2 baths | 2 cars 526 m² 46 46 CASINO ST ST CASINO 46 CASINO ST 46 46 CASINO CASINO 46 CASINO ST ST ST
4 IPSWICH AVE 7 beds | 3 baths | 2 cars 515 m² 1 DRAPER ST ST 1 DRAPER 1 DRAPER ST 1 DRAPER 1 DRAPER 1 DRAPER ST ST ST
$995,000 1 DRAPER ST 4 beds | 2 baths | 2 cars 656 m²
Source: pricefinder.com.au | Properties included may/may not be sold by Ray White
Based on aon rolling 12 month period and maymay differdiffer Based a rolling month period Based on a12 rolling 12 monthand period and may differ from calendar yearyear statistics from calendar statistics from calendar year statistics Based Based on aon Based rolling a rolling on 12 a month 12 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
17 17 VANESSA CRT VANESSA CRT CRT 17 VANESSA 17 17 VANESSA VANESSA 17 VANESSA CRT CRT CRT
$1,200,000
$970,000 46 CASINO ST 5 beds | 2 baths | 3 cars 551 m²
Basedmonths on recorded House sales within the 12 (2018) (2018) months (2018) Based Based onBased on recorded recorded onmonths recorded House House sales House sales within within sales thewithin the 12 12the 12 months months (2018) months (2018)(2018)
$815,000 17 VANESSA CRT 3 beds | 2 baths | 2 cars 485 m² 3 KINGSVIEW WAY 3 KINGSVIEW WAY WAY 3 KINGSVIEW 3 KINGSVIEW 3 KINGSVIEW 3 KINGSVIEW WAY WAY WAY
$1,100,000 3 KINGSVIEW WAY 4 beds | 3 baths | 2 cars 697 m² 28 28 EQUESTRIAN ST ST EQUESTRIAN 28 EQUESTRIAN ST 28 28 EQUESTRIAN EQUESTRIAN 28 EQUESTRIAN ST ST ST
Current Current Median Current Median Price: Median Price: $987,500 Price: $987,500 $987,500 Previous Previous Previous Median Median Price: Median Price: $1,020,000 Price: $1,020,000 $1,020,000
Based Based onBased 104 on 104 recorded on recorded 104 recorded House House sales House sales within within sales within the the lastlast 12the months 12last months 12(2018) months (2018)(2018)
ently Sold Properties QUICK FACTS
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 fromfrom calendar calendar from year calendar year statistics statistics year statistics
Median Sale Price 46 CASINO ST
$980K
Suburb Growth
-3.9%
Suburb Growth
17 17 PACKSADDLE PACKSADDLE 17 PACKSADDLE ST ST ST
Based Based on 293 onBased recorded 293 recorded on House 293 recorded House salessales compared House compared sales overcompared over the last thetwo last overtwo the last two rolling rolling 12 month 12rolling month periods 12 periods month periods
# Sold Properties 1 DRAPER ST 115 20 ALWYN CRES 27 27 LORIKEET LORIKEET 27 LORIKEET ST ST ST
# Sold Properties
-1.1%
137
Current Median Price: $1,000,000 Previous Median Price: $1,011,000
Based on recorded House sales within the 12 months (Oct '17 - Sep '18)
Based on 313 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
n
$863,000
17 PACKSADDLE ST beds | 2 baths | 2 cars 803 KNIGHTSBRIDGE AVE612 m² 1 WALTHAM WAY 1 DRAPER 1 DRAPER 1 DRAPER ST ST ST
27 LORIKEET ST 5 10 beds | 3 baths | 2 cars 539 m² TEAWA CRES 2 HIGHCLAIRE PL 46 46 CASINO CASINO 46 CASINO ST ST ST
2018 2018 2018 80 KNIGHTSBRIDGE AVE 54 Days 54 Days 54 Days 656 m² 656 m² 656 4m² 45792m² 42 3 beds | 2 baths | 1 car
$1,100,000 3 KINGSVIEW WAY 5 beds | 3 baths | ST 2 cars 697 m² 28 EQUESTRIAN 4 ETRUSCAN CRT 18 18 PLUM PLUM 18 GDNS PLUM GDNSGDNS $750,000 $750,000 $750,000
$1,410,000 Dec Dec
2 22
3 KINGSVIEW WAY 17 MAHOGANY CL 3 KINGSVIEW 3 KINGSVIEW 3 KINGSVIEW WAY WAY WAY
$970,000 $970,000 $970,000
$753,000 Dec
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 fromfrom calendar calendar from year calendar year statistics statistics year statistics
$1,085,000
$995,000 $995,000 $995,000
Dec Dec
Based Based onBased recorded on recorded on recorded House House sales House sales within within sales thewithin the 12 12the 12 months months (2018) months (2018)(2018)
Dec
2018 2018 22018 HIGHCLAIRE PL
67 Days 67 Days 551 m² 551 m² 5 2 67 Days 5577 2 52 4 beds | 3 baths |551 2 m² cars m²
$1,255,000 Dec Dec
3 23
Dec
2018 2018 2018 28 EQUESTRIAN ST 74 Days 74 Days 74 Days m² 509 m² 509 4m² m² 4 1 41 53 beds | 3 baths |509 3 cars 734
5
20Source: ALWYN CRES CL pricefinder.com.au | Properties included may/may not17 beMAHOGANY sold by Ray White 27 27 NYDEGGAR NYDEGGAR 27 NYDEGGAR AVE AVE AVE
7 HIGHCLAIRE 7 HIGHCLAIRE 7 HIGHCLAIRE PL PL PL
1 11
226226 GLENWOOD GLENWOOD 226 GLENWOOD PARK PARK DR PARK DR DR
1
Top 20 House Sales Address
Sold date
Land size
Price
1
28
EQUESTRIAN ST
19/11/2018
734m2
$1,255,000
2
4
IPSWICH AVE
29/1/2019
515m2
$1,200,000
3
3
KINGSVIEW WAY
9/12/2018
697m2
$1,100,000
4
27
LORIKEET ST
18/12/2018
539m2
$1,085,000
5
23
LORIKEET ST
31/1/2019
526m2
$1,031,000
6
1
DRAPER ST
3/12/2018
656m2
$995,000
7
18
HARCOURT GR
14/11/2018
593m2
$975,000
8
46
CASINO ST
5/12/2018
551m2
$970,000
9
35
WATKISS ST
27/11/2018
465m2
$970,000
10
74
HUNGERFORD DR
27/12/2018
510m2
$935,000
Properties included may/may not be sold by Ray White
Address
Sold date
Land size
Price
11
2
LORIKEET ST
14/11/2018
568m2
$931,750
12
226
GLENWOOD PARK DR
21/11/2018
519m2
$925,000
13
7
HIGHCLAIRE PL
21/11/2018
385m2
$919,000
14
21
EMMANUEL TCE
7/11/2018
561m2
$868,888
15
11/3
CAVALRY GR
6/12/2018
378m2
$865,000
16
17
PACKSADDLE ST
1/12/2018
612m2
$863,000
17
6
CHERRYWOOD ST
3/11/2018
293m2
$855,000
18
14
SOUTHWAITE CRES
21/11/2018
450m2
$852,000
19
17
VANESSA CRT
27/12/2018
485m2
$815,000
20
11
KINCHEGA CRES
13/11/2018
349m2
$790,000
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 JAN 2019
DEC
NOV
OCT
SEP
AUG
JULY
JUN
MAY
APR
MAR
0
NUMBER OF SALES
8
FEB
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
1%
$600K-$700K
1
1
1%
$700K-$800K
11
$800K-$900K
15
15
$900K-$1M
34
34
$1M-$1.25M
45
45
$1.25M-$1.5M
6
6
2
13
2%
Past 12 Months 121 Sales 11% 12% 28% 37% 6%
$1M-$1.25 45 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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