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 last the 12 last months 12 months (2016) (2016) Based on 343 recorded House sales within last 12 (2016) BasedBased onthe 343 Based on recorded 343 onmonths recorded 343House recorded House sales House within salessales within within the last the 12 last the months 12 lastmonths 12 (2016) months (2016) (2016) BasedBased on a rolling on a rolling 12 month 12 month periodperiod and may anddiffer may differ
Current Median Price: $1,100,000 Previous Previous Median Median Price: Price: $1,081,500 $1,081,500 Current Current Median Current Median Price: Median Price: $1,100,000 Price: $1,100,000 $1,100,000 Previous Median Price: $1,081,500 Previous Previous Median Previous Median Price: Median Price: $1,081,500 Price: $1,081,500 $1,081,500
months months (2016) (2016)the 12 Based on recorded House sales within (2016) BasedBased on recorded Based on months recorded onHouse recorded House sales House within salessales within the 12 within the 12 the 12 months months (2016) months (2016) (2016) BasedBased on a rolling on a rolling 12 month 12 month periodperiod and may anddiffer may differ Based Based on 797on recorded 797 recorded House House sales compared sales compared over the over lastthe twolast two
rolling 12 rolling month 12 month periodsperiods calendar from period calendar year statistics year calendar from period calendar year statistics year Based on a rolling from 12 month and maystatistics differ Based on a rolling from 12 month and maystatistics differ Based on 797 recorded House sales compared over the last two rolling 12 month periods year statistics year statistics Based on Based afrom rolling Based oncalendar a12 rolling onmonth a rolling 12 period month 12 month and period may period and differ may anddiffer may differ Based onBased Based afrom rolling Based oncalendar a12 rolling onmonth a rolling 12 period month 12 month and period may period and differ may anddiffer may differ 797 recorded Based on 797 on recorded House 797 recorded sales House compared House sales compared sales over compared the last overtwo the over lastthe twolast two Based on rolling 12rolling month12 rolling periods month 12 month periodsperiods from calendar from calendar from yearcalendar statistics year statistics year statistics from calendar from calendar from yearcalendar statistics year statistics year statistics
recen t ly sol d propert ies
62 CARVER 62 CARVER CRES CRES 62 CARVER CRES 62 CARVER 62 CARVER 62 CARVER CRESCRES CRES
SOLD $1,206,000 62 CARVER CRES 5 bed | 3 bath | 3 garages 696 m² 19 LANDSCAPE 19 LANDSCAPE ST ST 19 LANDSCAPE ST 19 LANDSCAPE 19 LANDSCAPE 19 LANDSCAPE ST ST ST
SOLD $1,205,000 19 LANDSCAPE ST 3 bed | 1 bath | 1 garages 702 m²
29 VIRGINIA 29 VIRGINIA AVEAVE 29 VIRGINIA AVE 29 VIRGINIA 29 VIRGINIA 29 VIRGINIA AVE AVEAVE
SOLD $1,275,000 29 VIRGINIA AVE 4 bed | 2 bath | 2 garages 911 m² 39 PEEL 39 PEEL RD RD 39 PEEL RD 39 PEEL 39 PEEL RD 39 PEEL RD RD
SOLD $1,206,000 39 PEEL RD 3 bed | 1 bath | 2 garages 930 m²
Source: pricefinder.com.au | Properties included may or may12 notDOBSON be sold by Ray White 27 BROWNE 27 BROWNE PL PL 12 DOBSON CRES CRES 27 BROWNE PL 12 DOBSON CRES
3/7 CHAPEL 3/7 CHAPEL LANE LANE 3/7 CHAPEL LANE 3/7 CHAPEL 3/7 CHAPEL 3/7 CHAPEL LANELANE LANE
SOLD $790,000 3/7 CHAPEL LANE 2 bed | 1 bath | 1 garages 205 m² 20 DELAIGH 20 DELAIGH AVEAVE 20 DELAIGH AVE 20 DELAIGH 20 DELAIGH 20 DELAIGH AVE AVEAVE
SOLD $1,285,000 20 DELAIGH AVE 4 bed | 2 bath | 2 garages 948 m² 12 JAMBEROO 12 JAMBEROO AVEAVE 12 JAMBEROO AVE
last 12 12last months 12 months (2016) (2016) last months (2016) Based on recorded 163 recorded Unit Unitwithin sales the within BasedBased on 163 163on recorded Unit sales sales within the the last 12a12 last months 1212months (2016) (2016) months (2016) Based on Based a last rolling on12 rolling month period month and period mayand differ may differ Based on a rolling 12 month period and may differ from calendar calendar from calendar year statistics statistics year statistics from year
Previous Previous MedianMedian Price: $745,000 Price: $745,000 $745,000 Previous Median Price: Current Current Median Price: Price: $742,000 Current MedianMedian Price: $742,000 $742,000 Previous Previous Median Price: Price: $745,000 Previous MedianMedian Price: $745,000 $745,000
months months (2016) (2016) months (2016) Based on on recorded Unit Unitwithin sales the within BasedBased on recorded recorded Unit sales sales within the 12 12 the 12 months months (2016) (2016) months (2016) Based on Based a rolling on a12 rolling month 12period monthand period mayand differ may differ Based on a rolling 12 month period and may differ from calendar calendar from calendar year statistics statistics year statistics from year
Basedon onBased 376recorded recorded on 376 Unit recorded Unitsales salesUnit compared sales compared overthe thelast last over two the last two Based 376 compared over two rolling12 12month rolling month12 periods month periods rolling periods
5 differ Based Based aa rolling on Suburb a12 rolling month 12period monthand period may and differ may differ Based Based aa rolling on a12 rolling month 12period monthand period may differ may 376 on 376 Unit recorded compared sales compared over the over two the last two Based on on rolling 12 month period and may# differ Based on on rolling 12 month period and mayand differ Basedon onBased 376recorded recorded Unitsales salesUnit compared overGrowth thelast last two Growth Suburb Sold PropertiesBased # Sold Properties rolling rolling periods month periods rolling12 12month month12 periods from from calendar year year statistics from from calendar year year statistics from calendar calendar year statistics statistics from calendar calendar year statistics statistics
HOUSE +1.1%
35/1 RUSSELL RUSSELL 35/1 RUSSELL ST ST 35/1 ST 35/1 35/1 RUSSELL ST 35/1 RUSSELL RUSSELL ST ST
SOLD $528,000 35/1 RUSSELL ST
343
UNIT -0.4%
9/9 OAKLAND OAKLAND 9/9 OAKLAND AVE AVE 9/9 AVE 9/9 9/9 OAKLAND AVE 9/9 OAKLAND OAKLAND AVE AVE
SOLD $828,000 9/9 OAKLAND AVE
bed ACKLING | 1 bath garages 8/1A1ACKLING ACKLING 8/1A ST | 2ST 8/1A ST
3 bed | MERYLL 2MERYLL bathMERYLL | 2AVE garages 24/17-21 24/17-21 AVE AVE 24/17-21
8/1A 8/1A ACKLING ST 8/1A ACKLING ACKLING ST ST
24/17-21 24/17-21 MERYLL MERYLL AVE 24/17-21 MERYLL AVE AVE
SOLD $717,000
SOLD $806,200
8/1A ACKLING ST 24/17-21 MERYLL AVE 2 bed | 1 bath | 1 garages 3 bed | 2 bath | 3 garages 23 ARTHUR ARTHUR 23 ARTHUR ST ST 24/9-11 24/9-11 HILL ST HILL ST 23 ST 24/9-11 HILL Source: pricefinder.com.au | Properties included may or may not be sold byST Ray White 23 23 ARTHUR ST 23 ARTHUR ARTHUR ST ST
24/9-11 24/9-11 HILL HILL ST $860,000 $860,000 24/9-11 HILL ST ST $860,000
163
18/55-61 18/55-61 OLD NORTHERN NORTHERN OLD NORTHERN RD RD 18/55-61 OLD RD 18/55-61 18/55-61 OLD OLD NORTHERN RD 18/55-61 OLD NORTHERN NORTHERN RD RD
SOLD $860,000 18/55-61 OLD NORTHERN RD 318/7 bed CHAPEL |CHAPEL 2 bath |2 garages 18/7 18/7 CHAPEL LANE LANE LANE 18/7 18/7 CHAPEL LANE 18/7 CHAPEL CHAPEL LANELANE
SOLD $760,000 18/7 CHAPEL LANE 2 bed | 1 bath | 1 garages 33/49 33/49 DOBSON DOBSON CRESCRES 33/49 DOBSON CRES 33/49 DOBSON DOBSON CRES $785,000 $785,000 33/49 33/49 DOBSON CRESCRES $785,000
$603,000 $603,000 $603,000
t op 10 house sa l es ADDRESS
SOLD DATE
LAND SIZE (m2)
PRICE
1
2
LIVINGSTONE AVE
12/2/2016
1492m2
$1,600,000
2
22
PENINSULA WAY
12/2/2016
475m2
$1,530,000
3
80
MULLANE AVE
12/3/2016
923m2
$1,498,000
4
12
JAMBEROO AVE
1/24/2017
697m2
$1,460,000
5
2
KATRINA PL
11/12/2016
696m2
$1,460,000
6
50
HILDA RD
12/16/2016
911m2
$1,420,000
7
15
TRISTANIA CRT
11/10/2016
750m2
$1,400,000
8
45
LUCULIA AVE
12/20/2016
769m2
$1,390,000
9
34
MERINDAH RD
11/20/2016
942m2
$1,390,000
10
27
BROWNE PL
2/4/2017
797m2
$1,360,000
Properties included may/may not be sold by Ray White
t op 10 uni t sa l es
7
ADDRESS
SOLD DATE
PRICE
1
91/38
SOLENT CCT
12/19/2016
$995,000
2
7/19
KENNETH AVE
11/1/2016
$960,000
3
1/6
EDWARD ST
11/8/2016
$921,000
4
1/30
CHRISTOPHER ST
11/5/2016
$911,500
5
5/23
CHARLES ST
11/19/2016
$900,000
6
13/17
CONIE AVE
12/6/2016
$898,000
7
31/17
CONIE AVE
12/12/2016
$890,000
8
18/55
OLD NORTHERN RD
1/28/2017
$860,000
9
6/10
RUSSELL ST
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
AUS T R A L I A DAY 2017
medi a n house p rices
9
$1,200,000
34 32 30
$1,100,000
28 26
$1,000,000 $900,000
22 20
$800,000
18 16
$700,000
14 12 10
SALE MONTH
Number of sales
Median sale price
JAN 2017
DEC
NOV
OCT
SEP
AUG
JUL
JUN
MAY
APR
MAR
FEB
$600,000
NUMBER OF SALES
MEDIAN SALE PRICE
24
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
Aroha Gilbert 0412 067 934
Matthew Langdon 0431 037 478
Hilda Bandiera 9680 2255
Paul Conti 0414 981 005
Karl Anthony 0457 120 174
Jose Reyna 0414 914 127
Hannah Dowling 9680 2255
Kieron Stedman 0433 124 734
Glenn Hagan 0434 984 374
Odette Roach 9680 2255
Joel Simpson 0450 907 598
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