Glenwood Market Report Spring 2017
Welcome Ray White Castle Hill is the proud sponsor of
With Spring quickly moving into Summer we are seeing some of the expected seasonal impact on our immediate market. Coupling this with some of the bigger changes which are affecting our market mean these are certainly interesting days. As is usually the case at this time of year many properties are coming to market as the Spring trend takes full effect. With interest rates staying on hold for the time being the current window is likely to continue for sometime.
So far this year our auctions have produced 56/57 selling above our vendors 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 the team. A number of 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!
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.
As we move into the final months of the year we will once again be involved in the Little Ray of Giving program where our office will collect gifts from members of our community and will distribute to those in need. Should you require further information please do not hesitate to contact our office in relation to this.
Philip Kelly and David Dowling Directors | Ray White Castle Hill 3
Based on 140 recorded House sales within the laston 12140 months (Oct '16 -House Sep '17) Based Based on 140 recorded recorded House sales sales within within the the lastlast 12 months 12 months (Oct(Oct '16 -'16 Sep - Sep '17)'17) Based on a rolling 12 month period and may differ from calendar statistics Based Based on aon rolling a rolling 12year month 12 month period period and and maymay differdiffer
Based on recorded House sales within the 12 months (Oct '16 -House Sep '17) Based Based on recorded on recorded House sales sales within within the the 12 12 months months (Oct(Oct '16 -'16 Sep - Sep '17)'17)
Current Current Median Median Price: Price: $1,020,000 $1,020,000 Previous Median Price: $900,000 Previous Previous Median Median Price: Price: $900,000 $900,000
Based on a rolling 12 month period and may differ from calendar statistics Based Based on aon rolling a rolling 12year month 12 month period period and and maymay differdiffer
Based on 324 recorded House sales compared over the last two rolling 12 month periods Based Based on 324 onrecorded 324 recorded House House salessales compared compared over the overlast thetwo last two rollingrolling 12 month 12 month periods periods
Recently sold properties fromfrom calendar calendar yearyear statistics statistics
fromfrom calendar calendar yearyear statistics statistics
7 BELLENDEN CL
$928,000 38 DIAMOND AVE 38 DIAMOND 38 DIAMOND AVE AVE
79BELLENDEN 7 BELLENDEN CL KETURAH CLCL 9 KETURAH 9 KETURAH CL CL
30 JEREMY GR 30 JEREMY 30 JEREMY GRGR
Aug
Aug
2017 Sale Price Suburb Growth 2017Median 38 Days 38 Days 485 m²
$1.02m
485 m²
4
4 2
+13.3%
2 1
9 AMUET 9 AMUET PL PL
$928,000 $928,000
Aug
Aug
2017 # Sold2017 Properties 23 Days 23 Days 1
140
403 m² 403 m²
4
4 2
2 2
14 BAGALA ST 14 14BAGALA BAGALAST ST 13 PACKSADDLE 13 PACKSADDLE ST ST 14 BAGALA ST
2
10 SEVILLE PL 10 10SEVILLE SEVILLEPL PL 16 MALVERN 16 MALVERN RD RD 10 SEVILLE PL
$1,200,000 $1,200,000 $1,200,000 $1,200,000
Sep
$1,265,000
30 JEREMY GR 5 bed | 4 bath | 2 garages 535 m² 8 PLUTO CRT CRT 8 O CRT PLUTO
Sep 2017 2017 2017 52 Days 52 Days
Aug
Sep
52 Days
450 m² 450 m²
3 450 m²
3
$920,000 2 2 2 2 2 3
9 KETURAH CL 5 bed | 2 bath | 2 garages 325 m² 18 EMMANUEL TCE 18 EMMANUEL TCE 7 BELLENDEN CL 18 EMMANUEL TCE 7 BELLENDEN 7 BELLENDEN CL CL
$930,000
38 DIAMOND AVE 4 bed | 2 bath | 2 garages 469 m² 24 LORD WAY WAY LORD WAY 2424LORD
$928,000 $928,000 $928,000
$986,000 8 PLUTO CRT 4 bed | 2 bath | 2 garages 531 m²
Sep $980,000 $980,000 2017Sep Sep 52 Days 450 m² 2 2 18 EMMANUEL TCE 3 24 LORD WAY 2017 2017 Days 52 Days m² 450 m² 3450 3 m²2 2 2 2 4 bed | 2 bath | 2 garages 642 m² 452bed | 2 bath | 2450 garages
Source: pricefinder.com.au | Properties included may or may not be sold by Ray White
8 PLUTO CRT 8 PLUTO 8 PLUTO CRT CRT
18 EMMANUEL TCE 18 EMMANUEL 18 EMMANUEL TCE TCE
24 LORD WAY 24 LORD 24 LORD WAY WAY
$880,000 9 AMUET PL 4 bed | 2 ST bath | 1 garages 500 m² 17 WHEEDON 17 17WHEEDON WHEEDONST ST 17 WHEEDON ST
$1,180,000 14 BAGALA ST bed | 2 bathCL | 2 garages 450 m² 15 4 SILVERTOP 15 15SILVERTOP SILVERTOPCL CL 14 BAGALA 14 BAGALA ST ST 15 SILVERTOP CL
Aug
Aug 2017 2017 N/A 2017 N/A
4
2
4 2 Aug N/A 450 m² 4 2 $1,175,000 2017 N/A 450 m² 4 2 16 MALVERN RD 512bed | 2 bath | ST 2 garages 489 m² WHEEDON 12 12WHEEDON WHEEDONST ST 10 SEVILLE 10 SEVILLE PL PL 12 WHEEDON ST 450 m² 450 m²
1
1 1 1
$1,200,000 $1,200,000
$1,040,500 17 WHEEDON ST 4 bed | 2 bath | 2 garages 479 m²
$1,140,000 15 SILVERTOP CL 5 bed | 2 bath | 2 garages 550 m²
Aug
Aug
2017 12 2017 WHEEDON ST N/A N/A 450 m² 450 m² 4 4 4 bed | 2 bath | 2 garages 414 m² 2
15 SILVERTOP 15 SILVERTOP CL CL
2 1
5
Source: pricefinder.com.au | Properties included may or may not be sold by Ray White
17 WHEEDON 17 WHEEDON ST ST
$1,010,000
12 WHEEDON 12 WHEEDON ST ST
1
Top 20 house sales Address
Sold date
Land size
Price
Address
Sold date
Land size
Price
1
20
HIGHCLAIRE PL
22/07/2017
622m2
$1,563,000
11
10
SEVILLE PL
12/08/2017
450m2
$1,200,000
2
7
CONSOLO AVE
6/07/2017
675m2
$1,380,000
12
14
BAGALA ST
12/08/2017
450m2
$1,180,000
3
16
WATKISS ST
13/07/2017
570m2
$1,380,000
13
17
KIDMAN ST
31/07/2017
450m2
$1,176,000
4
6
MINUET CRT
17/07/2017
544m2
$1,356,000
14
16
MALVERN RD
18/08/2017
489m2
$1,175,000
5
90
MEURANTS LANE
29/07/2017
510m2
$1,305,000
15
25
IPSWICH AVE
8/07/2017
450m2
$1,157,000
6
2
SEVILLE PL
2/08/2017
653m2
$1,285,000
16
8
RACHAEL PL
31/07/2017
450m2
$1,145,000
7
30
JEREMY GR
7/10/2017
535m2
$1,265,000
17
15
SILVERTOP CL
8/08/2017
550m2
$1,140,000
8
3
YANCANNIA TCE
11/07/2017
550m2
$1,235,000
18
10
BLYTHE AVE
20/07/2017
450m2
$1,135,000
9
13
PACKSADDLE ST
28/08/2017
567m2
$1,230,000
19
82
CASINO ST
29/07/2017
551m2
$1,120,000
10
46
CHARLIE YANKOS ST
12/08/2017
487m2
$1,220,000
20
6
SARDINIA AVE
27/07/2017
475m2
$1,080,000
Properties included may/may not be sold by Ray White
Properties included may/may not be sold by Ray White
7
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.
Median house prices $1,100,000
24 22
$1,000,000
12 10
$700,000
8 6
$600,000
4 2
$500,000 OCT
SEP
AUG
JULY
JUN
MAY
0 APR
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.
$800,000
MAR
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.
14
FEB
Blues and Greys
16
JAN 2017
White on White
$900,000
DEC
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.
NOV
Separating black and white block colours with grey tones creates a long lasting look that remains sophisticated.
20 18
MEDIAN SALE PRICE
White and Timber
NUMBER OF SALES
Black, White and Grey
SALE MONTH
Number of sales
Median sale price
9
Recent Activity
Your team
Sales by Price - Last 12 months House
Unit
$0-$200k
1
1
1%
$200k-$300k
1
1
1%
$500k-$600k
1
1
1%
$600k-$700k
1
1
1%
$700k-$800k
7
2
9
$800k-$900k
30
1
31
$900k-$1M
39
39
$1M-$1.25M
73
73
$1.25M-$1.5M
13
13
$1.5M-$1.75M
3
3
Last 12 months 173 sales
Philip Kelly 0407 000 991
Daniel Llamas 0421 908 736
Peter Iann 0488 002 222
Paul Conti 0414 981 005
Andy Lin 0433 433 093
Hilda Bandiera 9680 2255
Robbie Awad 0428 888 648
Kael Sharp 0435 821 736
Hannah Dowling 9680 2255
Brett Macartney 0431 073 780
Kieron Stedman 0433 124 734
Odette Roach 9680 2255
Brittney Willmette 9680 2255
Matthew Langdon 0431 037 478
Margarete Kwarcinski 9680 2255
Joseph Meyer 0417 675 741
Karl Anthony 0457 120 174
Joel Simpson 0450 907 598
5%
$1M-$1.25M
18%
73 sales
23% 42% 8% 2%
11
Ray White Castle Hill 02 9680 2255 287C Old Northern Rd, Castle Hill NSW 2154
raywhitecastlehill.com.au