Bella Vista & Bella Vista Waters 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
Based on 7112 recorded House last last months 12 months (2016)sales (2016)within the 12 House months (2016) Based Based on Based 71 onrecorded on 71last recorded 71 recorded House House sales sales within sales within the within thethe laston last 1212 last months 12 months 12 period months (2016) (2016) (2016) Based onBased a rolling a rolling month12 monthand period mayand differ may differ Basedfrom on acalendar rolling month period and may differ from12 calendar year statistics year statistics from calendar year statistics Based Based onBased a on rolling aon rolling 12 a rolling month 12 month 12 period month period and period may and and may differ may differdiffer from from calendar from calendar calendar year year statistics year statistics statistics
Previous Previous MedianMedian Price: $1,359,000 Price: $1,359,000 Previous Median Price: $1,359,000 Current Current Current Median Median Median Price: Price: $1,480,000 Price: $1,480,000 $1,480,000 Previous Previous Previous Median Median Median Price: Price: $1,359,000 Price: $1,359,000 $1,359,000
Based on 174 Based recorded on 174House recorded sales House compared sales compared over the last over twothe last two 12 House month rolling periods 12 month periodsover the last two Based on 174 rolling recorded sales compared rolling 12 month periods BasedBased on 174 Based onrecorded 174 on recorded 174House recorded House sales House sales compared sales compared compared over the over last over thetwo last thetwo last two rollingrolling 12 month rolling 12 month periods 12 month periods periods
recen t ly sol d propert ies
90 BINGARA 90 BINGARA CRES CRES 90 BINGARA CRES 90 BINGARA 90 90 BINGARA BINGARA CRES CRES CRES
SOLD $1,395,000 90 BINGARA CRES 4 bed | 2 bath | 2 garages 701 m² 14 SPRINGFIELD 14 SPRINGFIELD CRES CRES 14 SPRINGFIELD CRES 14 SPRINGFIELD 14 14 SPRINGFIELD SPRINGFIELD CRES CRES CRES
SOLD $1,350,000 14 SPRINGFIELD CRES 4 bed | 3 bath | 2 garages 825 m²
4 STANHOPE 4 STANHOPE ROW ROW 4 STANHOPE ROW 4 STANHOPE 4 STANHOPE 4 STANHOPE ROW ROW ROW
Basedfrom on acalendar rolling month period and may differ from12 calendar year statistics year statistics from calendar year statistics Based Based onBased a on rolling aon rolling 12 a rolling month 12 month 12 period month period and period may and and may differ may differdiffer from from calendar from calendar calendar year year statistics year statistics statistics
3 THE 3POINTE THE POINTE 3 THE POINTE 3 THE 3 THE 3POINTE THE POINTE POINTE
SOLD $1,820,000
SOLD $1,850,000
4 STANHOPE ROW 5 bed | 3 bath garages 733 m² 7 ARABELLA 7 ARABELLA PL | 4PL 7 ARABELLA PL 7 ARABELLA 7 ARABELLA 7 ARABELLA PL PL PL
SOLD $1,445,000
3 THE POINTE bed5| 2 bathPL | 3 garages 422 m² 54BARRABA BARRABA PL 5 BARRABA PL 5 BARRABA 5 BARRABA 5 BARRABA PL PL PL
SOLD $1,400,000
7 ARABELLA PL 4 bed | 2 bath | 2 garages 722 m²
27 PAULA 27 PAULA PEARCE PEARCE PL PL PITTMAN 1 be PITTMAN PLby RayPL Source: pricefinder.com.au | Properties included may or1 may not sold White 27 PAULA PEARCE PL 1 PITTMAN PL 27 PAULA 27 27 PAULA PAULA PEARCE PEARCE PEARCE PL PL PL 1 PITTMAN 1 PITTMAN 1 PITTMAN PL PL PL $1,253,000 $1,253,000
Based on recorded House monthsmonths (2016) sales (2016)within the 12 months (2016) Based Based on Based recorded on on recorded recorded House House House sales sales within sales within the within 12 thethe 12 12 months months months (2016) (2016) (2016) Based onBased a rolling on 12 a rolling month12 period monthand period mayand differ may differ
5 BARRABA PL 4 bed | 3 bath | 2 garages 765 m²
10 WOODBRIDGE 10 WOODBRIDGE PL PL 10 WOODBRIDGE PL 10 WOODBRIDGE 10 10 WOODBRIDGE WOODBRIDGE PL PL PL $1,800,000 $1,800,000
$2,825,000 $2,825,000
Median Sale Price
$1.48m
Suburb Growth
+8.9%
33WAINWRIGHT MEWS WAINWRIGHT 3 WAINWRIGHT MEWS MEWS 33WAINWRIGHT WAINWRIGHT 3 WAINWRIGHT MEWS MEWS MEWS
SOLD $1,790,000
5
# Sold Properties
71
11 PL 11ARABELLA ARABELLA 11 ARABELLA PL PL
10 RISE 10MONTPELLIER MONTPELLIER 10 MONTPELLIER RISERISE
11 11ARABELLA ARABELLA 11 ARABELLA PL PL PL
10 10MONTPELLIER MONTPELLIER 10 MONTPELLIER RISE RISERISE
SOLD $1,650,000
SOLD $2,000,000
3 WAINWRIGHT MEWS 4 bed | 4 bath | 3 garages 736 m² 15 DE RISE 15 DE 15VILLIERS VILLIERS DE VILLIERS RISERISE
11 ARABELLA PL 5 bed | 2 bath | 3AVE garages 745 m² 59 59NORTHRIDGE NORTHRIDGE 59 NORTHRIDGE AVEAVE
15 15DE DE 15VILLIERS VILLIERS DE VILLIERS RISE RISERISE
59 59NORTHRIDGE NORTHRIDGE 59 NORTHRIDGE AVE AVEAVE
SOLD $2,550,000
85 85BRIGHTON BRIGHTON 85 BRIGHTON DR DR DR
SOLD $2,580,000
15 DE VILLIERS RISE 4 bed | 4 bath | 2 garages 956 m²
SOLD $1,290,000
59 NORTHRIDGE AVE 5 bed | 4 bath | 4 garages 818 m²
57 AVE 80 Source: pricefinder.com.au not sold byCRES Ray White 57PRESTIGE PRESTIGE 57 PRESTIGE AVEAVE | Properties included may or may 80BINGARA BINGARA 80beBINGARA CRES CRES $1,702,000
10 MONTPELLIER RISE 585 bed | 4 bath | 3DR garages 1,046 m² 85BRIGHTON BRIGHTON 85 BRIGHTON DR DR
85 BRIGHTON DR 3 bed | 2 bath | 2 garages 371 m² 16 POINTE 16THE THE 16 THE POINTE POINTE
$1,280,000
$1,600,000
BELL A VISTA | t op 10 house sa l es ADDRESS
SOLD DATE
LAND SIZE (m2)
PRICE
1
4
STANHOPE ROW
2/14/2017
733m2
$1,820,000
2
1
PITTMAN PL
12/19/2016
923m2
$1,800,000
3
57
PRESTIGE AVE
11/6/2016
764m2
$1,702,000
4
11
ARABELLA PL
12/4/2016
745m2
$1,650,000
5
7
ARABELLA PL
1/23/2017
722m2
$1,445,000
6
5
BARRABA PL
12/23/2016
765m2
$1,400,000
7
90
BINGARA CRES
2/16/2017
701m2
$1,395,000
8
14
SPRINGFIELD CRES
2/1/2017
825m2
$1,350,000
9
80
BINGARA CRES
11/5/2016
700m2
$1,280,000
10
27
PAULA PEARCE PL
12/22/2016
864m2
$1,253,000
Properties included may/may not be sold by Ray White
BELL A VISTA WAT ERS | t op 10 house sa l es ADDRESS
SOLD DATE
LAND SIZE (M2)
PRICE
1
10
WOODBRIDGE PL
12/16/2016
810m2
$2,825,000
2
59
NORTHRIDGE AVE
12/1/2016
818m2
$2,580,000
3
15
DE VILLIERS RISE
12/1/2016
956m2
$2,550,000
4
14
ASHBURN CL
10/17/2016
836m2
$2,235,000
5
10
MONTPELLIER RISE
12/2/2016
1,046m2
$2,000,000
6
3
THE POINTE
2/10/2017
422m2
$1,850,000
7
3
WAINWRIGHT MEWS
12/11/2016
736m2
$1,790,000
8
4
THE POINTE
10/11/2016
456m2
$1,690,000
9
16
THE POINTE
11/4/2016
422m2
$1,600,000
10
85
BRIGHTON DR
11/21/2016
371m2
$1,290,000
Properties included may/may not be sold by Ray White
7
AUS T R A L I A DAY 2017
medi a n house p rices
9
12
$2,200,000
11 10
$2,000,000
9 $1,800,000
8
$1,600,000
6 5
$1,400,000
4 3
$1,200,000
2 1
$1,000,000
SALE MONTH
Number of sales
Median sale price
JAN 2017
DEC
NOV
OCT
SEP
AUG
JUL
JUN
MAY
APR
MAR
FEB
0
NUMBER OF SALES
MEDIAN SALE PRICE
7
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