baulkham hills MARKET REPORT AUTUMN 2017
Ray White Castle Hill is the proud sponsor of
Give
Take
Wel come
3
The year is now back into full swing which gives us an opportunity to examine exactly what happened to the Hills property market in 2016. Two major trends stood out. Firstly, the volume of sales across North West Sydney was significantly down and secondly that the value of properties in our market reached new heights.
We are looking forward to continuing our support of local organisations in 2017 which include local charity Give & Take as well as the Castle Hill Bowling Club. As part of the broader brand we have also committed to sponsoring the NSW Waratahs once again in the upcoming Super Rugby season and we wish them all the best.
According to Pricefinder and consistent with our own perception and analysis, Castle Hill, Kellyville and Baulkham Hills all recorded the lowest number of transactions in over 20 years which is quite remarkable. What is even more remarkable is that these three suburbs recorded the highest volume of $1,000,000 plus sales for 2016. It is clear that house prices significant increase in value is being realised and when we add in Cherrybrook which also features on the list below, it certainly appears that the North West Rail Link has had a significant impact on these prices along with a shortage of stock.
These are both exciting and interesting days within our market place and we look forward to keeping you informed as the year unfolds.
While none of us have a crystal ball it will be interesting to see if the volume of sales pick up and if so, what impact that may have on prices.
Philip Kelly and David Dowling Directors | Ray White Castle Hill
Suburb
State
Number of sales over $1M
Castle Hill
NSW
237
Kellyville
NSW
207
Baulkham Hills
NSW
200
Glen Waverley
VIC
181
Mount Waverley
VIC
166
St Ives
NSW
157
Bentleigh East
VIC
153
Doncaster East
VIC
141
Cherrybrook
NSW
132
Ryde
NSW
130
Source: The Australian December 2016
the the lastlast the 12 months last 12 months 12 months (2016) (2016) (2016) Based Based on Based 363 on 363 recorded on recorded 363 recorded House House sales House sales within sales within within the the last last the 12 months last 12 months 12month months (2016) (2016) (2016) Based Based on Based a on rolling a rolling on12 a rolling month 12 month 12 period period andperiod may and may differ and differ may differ
Previous Previous Previous Median Median Median Price: Price: $1,081,500 Price: $1,081,500 $1,081,500 Current Current Current Median Median Median Price: Price: $1,100,000 Price: $1,100,000 $1,100,000 Previous Previous Previous Median Median Median Price: Price: $1,081,500 Price: $1,081,500 $1,081,500
fromfrom calendar calendar from year calendar year statistics statistics year statistics
BasedBased on 817 Based onrecorded 817on recorded 817 House recorded House salesHouse sales compared compared salesover compared the overlast the over two lastthe two last two rollingrolling 12 month rolling 12 month periods 12 month periods periods
Based Based on Based a on rolling a rolling on12 a rolling month 12 month 12 period month period andperiod may and may differ and differ may differ fromfrom calendar calendar from year calendar year statistics statistics year statistics
BasedBased on 817 Based onrecorded 817on recorded 817 House recorded House salesHouse sales compared compared salesover compared the overlast the over two lastthe two last two rollingrolling 12 month rolling 12 month periods 12 month periods periods
recen t ly sol d propert ies
months months months (2016) (2016) (2016) Based Based on Based recorded on recorded on recorded House House sales House sales within sales within the within the 12 12 the 12 months months months (2016) (2016) (2016) Based Based on Based a on rolling a rolling on12 a rolling month 12 month 12 period month period andperiod may and may differ and differ may differ fromfrom calendar calendar from year calendar year statistics statistics year statistics
Based Based on Based a on rolling a rolling on12 a rolling month 12 month 12 period month period andperiod may and may differ and differ may differ fromfrom calendar calendar from year calendar year statistics statistics year statistics
59 SEVEN 59 SEVEN 59 SEVEN HILLS HILLS RD HILLS RD RD
16 ALYSSE 16 ALYSSE 16 ALYSSE CL CL CL
13 CALLISTEMON 13 CALLISTEMON 13 CALLISTEMON CL CL CL
59 SEVEN 59 SEVEN 59 SEVEN HILLS HILLS RD HILLS RD RD
16 ALYSSE 16 ALYSSE 16 ALYSSE CL CL CL
13 CALLISTEMON 13 CALLISTEMON 13 CALLISTEMON CL CL CL
SOLD $1,040,000
SOLD $1,220,000
SOLD $1,240,000
59 SEVEN HILLS RD 3 bed | 1 bath | 2 garages 828 m² 60 MACKILLOP 60 MACKILLOP 60 MACKILLOP DR DR DR
16 ALYSSE CL 4 bed | 2 bath | 2 garages 702 m² 73 LUCULIA 73 LUCULIA 73 LUCULIA AVE AVEAVE
13 CALLISTEMON CL 4 bed | 2 bath | 2 garages 767 m² 12 QUINTANA 12 QUINTANA 12 QUINTANA AVE AVEAVE
60 MACKILLOP 60 MACKILLOP 60 MACKILLOP DR DR DR
73 LUCULIA 73 LUCULIA 73 LUCULIA AVE AVEAVE
12 QUINTANA 12 QUINTANA 12 QUINTANA AVE AVEAVE
SOLD $1,250,000 60 MACKILLOP DR 4 bed | 2 bath | 2 garages 755 m²
SOLD $1,250,000 73 LUCULIA AVE 3 bed | 2 bath | 2 garages 817 m²
pricefinder.com.au beST sold by ST Ray White 39 MERINDAH 39 Source: MERINDAH 39 MERINDAH RD RD RD | Properties included may or3may KENT 3not KENT 3 KENT ST
SOLD $1,338,000 12 QUINTANA AVE 4 bed | 2 bath | 1 garages 696 m² 8 THERESE 8 THERESE 8 THERESE CRT CRTCRT
laston 12176 months (2016) Based recorded Unit sales within the lastrecorded 12 months (2016) Based Basedon Based on176 176recorded on recorded 176 Unit Unit sales sales Unit within within salesthe within the the last last1212months last months 12 months (2016) (2016)(2016) Based on a rolling 12 month period and may differ
Price: $743,875 PreviousCurrent MedianMedian Price: $743,000 Current Current Current Median Median Median Price: Price:$743,875 Price: $743,875 Previous Median Price:$743,875 $743,000 Previous Previous Previous Median Median Median Price: Price:$743,000 Price: $743,000 $743,000
Based on 390 recorded Unit sales compared over the last two
(2016) Based months on recorded Unit sales within the 12 months (2016) Based Basedon Based onrecorded recorded on recorded Unit Unit sales sales Unit within within salesthe within the1212the 12 months months months (2016) (2016)(2016) Based on a rolling 12 month period and may differ
rolling 12 month periods from calendar year from calendar year Based on a rolling 12statistics month period and may differ Based on a rolling 12statistics month period and may differ Based on 390 recorded Unit sales compared over the last two rolling 12 month periods from calendar year statistics from calendar year statistics 5 differ Based Basedonon Based a arolling rolling on12 a 12 rolling month month 12 period period month and and period may may differ and differ may differ Based Based on on Based a a rolling rolling on 12 a 12 rolling month month 12 period period month and and period may maydiffer and differ may Based Based on on 390 Based 390 recorded recorded on 390 Unit recorded Unit sales sales compared Unit compared sales over compared over the the last last over two two the last two Suburb Growth Suburb Growth # Sold Properties # Sold Properties rolling rolling 1212 month rolling month periods 12 periods month periods from fromcalendar calendar from year calendar yearstatistics statistics year statistics from fromcalendar calendar from year calendar yearstatistics statistics year statistics
HOUSE +1.7%
UNIT -0.1%
363
20/2-8 HILL ST 1/1B JOHN ST 20/2-8 HILL ST 20/2-8 20/2-820/2-8 HILL HILLST ST HILL ST
38/321 WINDSOR RD 38/321 WINDSOR RD 38/321 38/321 38/321 WINDSOR WINDSOR WINDSOR RD RD RD
SOLD $791,000
SOLD $590,000
20/2-8 HILL ST
3 bed | 2 bathST | 2 garages 1/1B JOHN ST 9/70-72 JENNER 1/1B JOHN ST 1/1B 1/1BJOHN JOHN 1/1B ST JOHN ST ST
38/321 WINDSOR RD 2 bed | 1 bath ST | 1 garages 42/1 RUSSELL $862,000
SOLD $855,000
SOLD $695,000
176
1/2-4 RAILWAY 10/21-23 COOKST ST 1/2-4 RAILWAY ST 1/2-4 1/2-4RAILWAY 1/2-4 RAILWAY RAILWAY ST ST ST
SOLD $702,000 1/2-4 RAILWAY ST 310/21-23 bed | 2 bath | 2ST garages COOK 10/21-23 COOK ST 10/21-23 10/21-23 10/21-23 COOK COOKCOOK ST ST ST
SOLD $860,000
Feb
2017 91 Days
3,103 m²
3
2
2
1/1B JOHN ST 42/1 RUSSELL ST 2 bed | 2 bath | 1 garages 32bed | 2 bath | 2 garages 9/70-72 JENNER ST RUSSELL ST White Source: pricefinder.com.au | Properties included may or 42/1 may not be sold by Ray 9/70-72 JENNER ST 42/1 RUSSELL ST 9/70-72 9/70-72 9/70-72 JENNER JENNER JENNER ST ST ST 42/1 42/1RUSSELL RUSSELL 42/1 RUSSELL ST ST ST $862,000
10/21-23 COOK ST 3 bed | 2 bath | 2 garages
t op 10 house sa l es ADDRESS
SOLD DATE
LAND SIZE (m2)
PRICE
1
12
JAMBEROO AVE
$1,460,000
697m2
$1,460,000
2
7
ARABELLA PL
$1,445,000
722m2
$1,445,000
3
244
SEVEN HILLS RD
$1,440,000
940m2
$1,440,000
4
18
BAULKHAM HILLS RD
$1,412,000
696m2
$1,412,000
5
8
THERESE CRT
$1,365,000
791m2
$1,365,000
6
27
BROWNE PL
$1,360,000
797m2
$1,360,000
7
12
QUINTANA AVE
$1,338,000
696m2
$1,338,000
8
3
KALIMNA DR
$1,325,000
715m2
$1,325,000
9
33
JULIANA CRES
$1,321,000
752m2
$1,321,000
10
5
CHARLES ST
$1,314,000
760m2
$1,314,000
Properties included may/may not be sold by Ray White
t op 10 uni t sa l es
7
ADDRESS
SOLD DATE
PRICE
1
6/38
SOLENT CCT CCT
12/19/2016
$995,000
2
8/12
JAMES ST
11/1/2016
$960,000
3
15/17
CONIE AVE
11/8/2016
$921,000
4
46/3
SPURWAY DR
11/5/2016
$911,500
5
9/70
JENNER ST
11/19/2016
$900,000
6
10/21
COOK ST
12/6/2016
$898,000
7
18/55
OLD NORTHERN RD
12/12/2016
$890,000
8
1/1
JOHN ST
1/28/2017
$860,000
9
33/1
MERYLL AVE
11/4/2016
$830,000
10
9/9
OAKLAND AVE
2/6/2017
$828,000
Properties included may/may not be sold by Ray White
Urba n Design P l a n f or ne w R a il Northwest Rapid Transit has prepared an Urban Design and Corridor Landscape Plan (UDCLP) for the Sydney Metro Northwest project.
Artist impression of Castle Hill urban design and landscaping
The plan outlines the architectural and landscape design proposed for the new stations and precincts of the Sydney Metro Northwest. It describes what the new stations, services facilities and precincts from Cudgegong Road Station to the Epping Services Facility will look like when completed. The plan provides an overview of how each station and precinct will align features of the landscape and architectural design. In summary, how NRT will deliver: •
Stations (open cut, elevated and underground), that meet functional and operational requirements and embrace the character of the local community.
•
Stations that integrate with the adjacent precinct and maximise the potential to derive social cultural economic and environmental benefits for the community over the long term.
•
Landscaping at each site that is designed to benefit the local environment and community. Our focus is on landscaping that is: respectful of natural and cultural settings both local and regional - and designed to mitigate the impact of the new infrastructure, including repairing disturbed ecosystems and providing sustainable settings.
•
Functional stations and precincts designed to promote pedestrian and cyclist access and facilitate multi-modal transport integration.
medi a n house p rices
9
$1,200,000
60 55 50
$1,100,000
45 40
$1,000,000 $900,000
30 25
$800,000
20 15
$700,000
10 5 0
SALE MONTH
Number of sales
Median sale price
FEB
JAN 2017
DEC
NOV
OCT
SEP
AUG
JUL
JUN
MAY
APR
MAR
$600,000
NUMBER OF SALES
MEDIAN SALE PRICE
35
unders ta nding t he marke t
RENT VS OWN OWN
PURCHASED
RENT GOV.
RENT PRIV.
36.2% 0.4%
44.4% 16.4%
POPULATION UNDER 15
19.4%
15 - 65
65+
65.8%
14.8%
YOUR T E A M David Dowling 0421 051 029
Philip Kelly 0407 000 991
Daniel Llamas 0421 908 736
Peter Iann 0488 002 222
Hilda Bandiera 9680 2255
Paul Conti 0414 981 005
Karl Anthony 0457 120 174
Aroha Gilbert 0412 067 934
Hannah Dowling 9680 2255
Kieron Stedman 0433 124 734
Odette Roach 9680 2255
Joel Simpson 0450 907 598
Jose Reyna 0414 914 127
Matthew Langdon 0431 037 478
Laura Robertson 9680 2255
Joseph Meyer 0417 675 741
Ray White Castle Hill 02 9680 2255 287C Old Northern Rd, Castle Hill NSW 2154
raywhitecastlehill.com.au