Kellyville Market Review | Jan 2017

Page 1

Kellyville

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

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the the lastlast 12the months 12last months 12(Oct months (Oct '16 '16 - (Oct Sep - Sep '17) '16 '17) - Sep '17) Based Based onBased 502 on 502 recorded on recorded 502 recorded House House sales House sales within within sales within the the last last 12the months 12last months 12month (Oct months (Oct '16 '16 - (Oct Sep -period Sep '17) '16 '17) - differ Sep '17) Based Based on aon Based rolling a rolling 12 on month a12 rolling period 12period month and and may may differ and may differ

Previous Previous Previous Median Median Price: Median Price: $1,080,000 Price: $1,080,000 $1,080,000 Current Current Median Current Median Price: Median Price: $1,189,500 Price: $1,189,500 $1,189,500 Previous Previous Previous Median Median Price: Median Price: $1,080,000 Price: $1,080,000 $1,080,000

months months (Oct months (Oct '16 '16 - (Oct Sep - Sep '17) '16 '17) - Sep '17) Based Based onBased recorded on recorded on recorded House House sales House sales within within sales thewithin the 12 12the 12 months months (Oct months (Oct '16 '16 - 12 (Oct Sep -month Sep '17) '16may '17) - Sep '17) Based on aon Based rolling a rolling 12 on month a12 rolling month period period and and period may differ and differ may differ Based Based on 1038 onBased 1038 recorded recorded on 1038 House recorded House salessales compared House compared sales overcompared over the last thetwo last overtwo the last two Based

Recently sold houses fromfrom calendar calendar from year calendar year statistics statistics year statistics

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

rolling rolling 12 month 12rolling month periods 12 periods month periods

fromfrom calendar calendar from year calendar year statistics statistics year statistics

Based Based on 1038 onBased 1038 recorded recorded on 1038 House 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

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

22 22 EMILY EMILY 22CLARKE EMILY CLARKE CLARKE DRDR DR

36 36 MONACO MONACO 36 MONACO AVE AVE AVE

23 23 HIGHGATE HIGHGATE 23 HIGHGATE CCT CCT CCT

22 22 EMILY EMILY 22CLARKE EMILY CLARKE CLARKE DRDR DR

36 36 MONACO MONACO 36 MONACO AVE AVE AVE

23 23 HIGHGATE HIGHGATE 23 HIGHGATE CCT CCT CCT

$1,630,000

$1,325,000

$1,350,000

22 EMILY CLARKE DR 5 bed | 3 bath | 2 garages 640 m² 15 15 PATTERSON PATTERSON 15 PATTERSON AVE AVE AVE

36 MONACO AVE 4 bed | 2 bath | 2 garages 800 m² 20 20 CIGOLINI CIGOLINI 20 CIGOLINI PL PL PL

23 HIGHGATE CCT 4 bed | 2 bath | 3 garages 800 m² 34 34 BENTLEY BENTLEY 34 BENTLEY AVE AVE AVE

15 15 PATTERSON PATTERSON 15 PATTERSON AVE AVE AVE

20 20 CIGOLINI CIGOLINI 20 CIGOLINI PL PL PL

34 34 BENTLEY BENTLEY 34 BENTLEY AVE AVE AVE

$1,110,000 15 PATTERSON AVE 4 bed | 2 bath | 4 garages 698 m²

$1,230,000 20 CIGOLINI PL 3 bed | 2 bath | 2 garages 700 m²

Source: pricefinder.com.au | Properties included may or may not be sold by Ray White 57 57 CARISBROOK CARISBROOK 57 CARISBROOK ST ST ST 10 10 NANGAR NANGAR 10 NANGAR CRES CRESCRES

$1,290,000 34 BENTLEY AVE 5 bed | 3 bath | 2 garages 750 m² 19 19 TIMBARRA TIMBARRA 19 TIMBARRA AVE AVE AVE


Median Sale Price

$1.19m

17 SKYE CRT 17 SKYE 17 SKYE CRT CRT 17 SKYE 17 SKYE 17 CRT SKYE CRT CRT

Suburb Growth

+10.1%

$1,025,000 17 SKYE CRT TANNERS 43bed | 2 bathWAY | 2 garages 534 m² 3 TANNERS 3 TANNERS WAY WAY 3 TANNERS 3 TANNERS 3 TANNERS WAY WAY WAY

$1,305,000

# Sold Properties

502

15 BRESNIHAN AVE 15 BRESNIHAN 15 BRESNIHAN AVE AVE 15 BRESNIHAN 15 BRESNIHAN 15 BRESNIHAN AVE AVE AVE

7 WRIGHTS RD 7 WRIGHTS 7 WRIGHTS RDRD 7 WRIGHTS 7 WRIGHTS 7 WRIGHTS RDRD RD

$1,365,000 15 BRESNIHAN AVE 53| GREYFRIAR PL 494 m² 5 bed 3 bath | 2 garages 53 GREYFRIAR 53 GREYFRIAR PL PL 53 GREYFRIAR 53 GREYFRIAR 53 GREYFRIAR PL PL PL

$1,131,500

3 TANNERS WAY 53 GREYFRIAR PL 4 bed | 3 bath | 2 garages 626 m² 4 bed | 2 bath | 2 garages 528 m² 53 MESSENGER ST 1 MEREDITH AVE Source: pricefinder.com.au | Properties included may or may not be sold by Ray White 53 MESSENGER 53 MESSENGER ST ST 1 MEREDITH 1 MEREDITH AVE AVE 53 MESSENGER 53 MESSENGER 53 MESSENGER ST ST ST 1 MEREDITH 1 MEREDITH 1 MEREDITH AVE AVE AVE $902,000

$1,170,000 7 WRIGHTS RD GORMON AVE 523 m² 4 bed | 67 2 bath | 3 garages 67 GORMON 67 GORMON AVE AVE 67 GORMON 67 GORMON 67 GORMON AVE AVE AVE

$829,100 67 GORMON AVE 5 bed | 3 bath | 2 garages 661 m² 5 NORVAL ST 5 NORVAL 5 NORVAL ST ST 5 NORVAL 5 NORVAL 5 NORVAL ST ST ST $1,145,000

5

$1,088,888


Top 20 house sales Address

Sold date

Land size

Price

1

42

BEL AIR DR

2/9/2017

1777m2

$2,940,000

2

4

ANTRIM PL

12/9/2017

1154m2

$2,300,000

3

29

THOMAS BOULTON CCT

4/9/2017

700m2

$2,020,000

4

7

BLUE WREN WAY

11/9/2017

702m2

$1,850,000

5

19

TIMBARRA AVE

13/11/2017

613m2

$1,825,000

6

1

MEDOC CRT

11/9/2017

473m2

$1,700,000

7

37

TIMBARRA AVE

20/10/2017

630m2

$1,652,500

8

22

EMILY CLARKE DR

24/11/2017

640m2

$1,630,000

9

10

NANGAR CRES

15/11/2017

656m2

$1,555,000

10

39

MAEVE AVE

28/10/2017

737m2

$1,530,000

Properties included may/may not be sold by Ray White


Address

Sold date

Land size

Price

11

30

MONACO AVE

15/10/2017

800m2

$1,485,000

12

30

GUM NUT CL

10/2/2017

631m2

$1,460,000

13

5

BENTLEY AVE

19/10/2017

800m2

$1,455,000

14

20

FINTRY CRT

4/10/2017

733m2

$1,452,000

15

58

FRASER AVE

6/9/2017

593m2

$1,450,000

16

13

HAYES AVE

29/9/2017

585m2

$1,450,000

17

2

ELLERSTONE CRT

8/9/2017

654m2

$1,430,000

18

8

CUNNINGHAM PDE

28/9/2017

608m2

$1,420,000

19

4

FRASER AVE

2/9/2017

606m2

$1,415,000

20

29

RIALTO PL

13/9/2017

777m2

$1,400,000

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 $1,300,000

75 70 65

$1,200,000

60 55

$1,100,000

50 45

$1,000,000

35

$900,000

30 25

$800,000

20 15 NOV

OCT

SEP

AUG

JULY

JUN

MAY

APR

MAR

FEB

JAN 2017

DEC

$700,000

NUMBER OF SALES

MEDIAN SALE PRICE

40

SALE MONTH

Number of sales

Median sale price

9


Recent Activity Sales by Price - Last 12 months House

Unit

0-$200k

1

1

$300k-$400k

2

0%

1

1

0%

Last 12 months

$400k-$500k

4

4

1%

554 sales

$500k-$600k

3

3

1%

$600k-$700k

12

16

28

$700k-$800k

10

24

34

$800k-$900k

23

17

40

$900k-$1M

44

5

49

$1M-$1.25

179

1

180

$1.25M-$1.5M

136

$1.5M-$1.75M

38

38

$1.75M-$2M

17

17

$2M-$2.5M

15

15

$2.5M-$3M

2

2

0%

>$3M

5

5

1%

5% 6% 7% 9%

$1M-$1.25M 32%

136

25% 7% 3% 3%

180 sales


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


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