Castle hill 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 last 12 months 12 months (2016) (2016) Based Based onthe 385 on 385 recorded recorded House House sales sales within within Based on 385 recorded House sales within the last last 12 months 12 months (2016) (2016) lastthe 12month months (2016) Based onthe a rolling 12 period and may differ from calendar Based Based on a on rolling a rolling 12year month 12 statistics month period period and may and may differdiffer from from calendar calendar year year statistics statistics Based Based on a on rolling a rolling 12 month month period period and and may differdiffer Based on a rolling 12 month12 period and maymay differ from calendar calendar year statistics statistics fromfrom calendar yearyear statistics
Current Current Median Median Price: Price: $1,405,000 $1,405,000 Previous Previous Median Median Price: Price: $1,360,000 $1,360,000 Current Median Price: $1,405,000 Previous Previous Median Median Price: Price: $1,360,000 $1,360,000 Median Price: $1,360,000 BasedPrevious on 836 recorded House sales compared over the last two
rolling 12 month periods BasedBased on 836 onrecorded 836 recorded HouseHouse sales sales compared compared over the overlast thetwo last two rolling rolling 12 House month 12 month periods periods BasedBased on 836 onrecorded 836 recorded House sales sales compared compared over the overlast thetwo last two Based on 836 recorded House sales compared over the last two rollingrolling 12 month 12 month periods periods rolling 12 month periods
recen t ly sol d propert ies
53 ULUNDRI DR 53 ULUNDRI 53 ULUNDRI DR DR ULUNDRI 53 ULUNDRI 53 53 ULUNDRI DRDR DR
SOLD $1,846,000 53 ULUNDRI DR 75 KINGS RD| 4 bath | 4 garages 1,125 m² 5 bed 75 KINGS 75 KINGS RD RD KINGS 75 KINGS 75 75 KINGS RDRD RD
SOLD $1,425,000
11 CITADEL CRES 11 CITADEL 11 CITADEL CRES CRES CITADEL 11 CITADEL CRES CRES 11 11 CITADEL CRES
SOLD $1,650,000 11 CITADEL CRES 6 GAIWOOD PL | 2 garages 795 m² 4 bed | 3 bath 6 GAIWOOD 6 GAIWOOD PL PL 6 GAIWOOD 6 GAIWOOD 6 GAIWOOD PL PL PL
SOLD $1,500,000
75 KINGS RD 6 GAIWOOD PL 5 bed | 2 bath | 2 garages 892 m² 4 bed | 2 bath | 2 garages 866 m² 7 GRANDOAKS PL 75 OLD CASTLE HILL RD pricefinder.com.au sold by Ray White 7 GRANDOAKS 7Source: GRANDOAKS PL PL | Properties included may or may 75not OLD 75beOLD CASTLE CASTLE HILL HILL RD RD 7 GRANDOAKS 7 GRANDOAKS PL PL 75 OLD 75 OLD CASTLE CASTLE HILL HILL RD RD $1,400,000 $1,550,000 7 GRANDOAKS PL 75 OLD CASTLE HILL RD
months months (2016) (2016) Based Based on recorded on recorded House House sales sales within within the 12 12 Based on recorded House sales within the 12 the months months (2016) (2016) months (2016) Based on a rolling 12 month period and may differ from calendar Based Based on a on rolling a rolling 12year month 12 statistics month period period and may and may differdiffer from from calendar calendar year year statistics statistics Based Based on a on rolling a rolling 12 month month period period and and may differdiffer Based on a rolling 12 month12 period and maymay differ from calendar calendar year statistics statistics fromfrom calendar yearyear statistics
14 BRITANNIA RD 14 BRITANNIA 14 BRITANNIA RD RD BRITANNIA 14 BRITANNIA 14 14 BRITANNIA RDRD RD
SOLD $1,560,000 14 BRITANNIA RD 76 CHEPSTOW DR 5 bed | 3 bath | 2 garages 930 m² 76 CHEPSTOW 76 CHEPSTOW DR DR 76 CHEPSTOW 76 CHEPSTOW 76 CHEPSTOW DRDR DR
SOLD $1,676,000 76 CHEPSTOW DR 5 bed | 3 bath | 3 garages 686 m² 23 BOLWARRA CRES 23 BOLWARRA 23 BOLWARRA CRES CRES BOLWARRA 23 BOLWARRA CRES CRES $1,408,000 23 23 BOLWARRA CRES
last 12 months lastrecorded 12 months (2016) (2016) Based Based on Based on 135 135 recorded on recorded 135 Unit Unit sales sales Unit within sales within the within the the lastlast 12 12 months last months 12 months (2016) (2016) (2016) Based on a rolling 12 month period and may differ
Current Current Current Median Median Median Price: Price: $832,000 Price: $832,000 $832,000 Previous Previous Median Median Price: $800,000 Price: $800,000 Previous Previous Previous Median Median Median Price: Price: $800,000 Price: $800,000 $800,000
Based on 297 recorded Unit sales compared over the last two rolling 12 month periods Based on 297 Based recorded on 297Unit recorded sales compared Unit sales over compared the last over twothe last two rolling 12 month rolling periods 12compared month periods Based Based on 297 on Based 297 recorded on recorded 297Unit recorded Unit sales sales compared Unit sales over compared over the last theover last twothe twolast two
from calendar year statistics Based onBased a rolling on12 a rolling month12 period month and period may and differmay differ from calendar calendar year statistics year statistics Based Based onBased aon rolling a rolling on12 afrom rolling month 12 month 12 period month period and period and maymay and differ differ may differ Suburb Growth # Sold Properties from from calendar calendar from calendar yearyear statistics statistics year statistics
HOUSE +3.3% 27/1-7 HUME AVE
27/1-7 27/1-7 HUME HUME AVE AVE 27/1-7 27/1-7 27/1-7 HUME HUME HUME AVE AVEAVE
SOLD $815,000 27/1-7 HUME AVE 103B 2KINGS bed | 2RD bath | 4 garages 103B KINGS 103B KINGS RD RD 103B 103B KINGS 103B KINGS KINGS RDRD RD
SOLD $980,000
385
Suburb Growth
rolling rolling 12 month 12 rolling month periods 12 periods month periods
UNIT +4.0% 13/79 CRANE RD
13/79 CRANE 13/79 CRANE RD RD 13/79 13/79 CRANE 13/79 CRANE CRANE RDRD RD
SOLD $1,000,000
from calendar year statistics Based onBased a rolling on12 a rolling month12 period month and period may and differmay differ from calendar calendar year statistics year statistics Based Based onBased aon rolling a rolling on12 afrom rolling month 12 month 12 period month period and period and maymay and differ differ may differ 5 Sold Properties from from calendar calendar from calendar yearyear statistics statistics year statistics
1351/18-20 PARSONAGE RD
1/18-201/18-20 PARSONAGE PARSONAGE RD RD 1/18-20 1/18-20 1/18-20 PARSONAGE PARSONAGE PARSONAGE RDRD RD
SOLD $1,255,000
13/79 CRANE RD 8/27-31 3 bed CHURCH | 2 bath | 2ST garages 8/27-318/27-31 CHURCH CHURCH ST ST 8/27-31 8/27-31 8/27-31 CHURCH CHURCH CHURCH STST ST
1/18-20 PARSONAGE RD ST 4701/12 bed | 2PENNANT bath | 2 garages 701/12701/12 PENNANT PENNANT ST ST 701/12 701/12 701/12 PENNANT PENNANT PENNANT STST ST
SOLD $1,250,000
103B KINGS RD 8/27-31 CHURCH ST 3 bed | 2 bath | 1 garages 3 bed | 2 bath | 2 garages 12/16-20 MERCER ST 11/40-42 CECIL AVE Source: pricefinder.com.au may not be sold byCECIL Ray White 12/16-20 12/16-20 MERCER MERCER ST ST| Properties included may or 11/40-42 11/40-42 CECIL AVE AVE 12/16-20 12/16-20 12/16-20 MERCER MERCER MERCER STST ST 11/40-42 11/40-42 CECIL CECIL CECIL AVE AVEAVE $785,000 11/40-42
#
months months (2016) (2016) Based Based on Based on recorded recorded on recorded Unit Unit sales sales Unit within sales within the within the 12 12 the 12 months months months (2016) (2016) (2016) Based on a rolling 12 month period and may differ
SOLD $825,000
$720,000
701/12 PENNANT ST 2 bed | 2 bath | 2 garages 73/2-4 PURSER AVE 73/2-4 73/2-4 PURSER PURSER AVE AVE 73/2-4 73/2-4 73/2-4 PURSER PURSER PURSER AVE AVEAVE
$775,000
t op 10 house sa l es ADDRESS
SOLD DATE
LAND SIZE (m2)
PRICE
1
36
SHERWIN AVE
12/16/2016
854m2
$2,960,000
2
42
BRAE PL
11/23/2016
731m2
$2,500,000
3
69
ULUNDRI DR
12/10/2016
1585m2
$2,440,000
4
103
CRANE RD
11/19/2016
1110m2
$2,182,000
5
7
KINGUSSIE AVE
12/16/2016
946m2
$2,180,000
6
126
SHOWGROUND RD
11/19/2016
932m2
$2,020,000
7
54
GEORGE MOBBS DR
1/20/2017
702m2
$1,998,000
8
2
MORVEN CRT
12/12/2016
761m2
$1,975,000
9
45
WESTMINSTER DR
11/6/2016
909m2
$1,968,888
10
17
YANDIAH PL
11/4/2016
752m2
$1,960,260
Properties included may/may not be sold by Ray White
t op 10 uni t sa l es
7
ADDRESS
SOLD DATE
PRICE
1
37/1
MERCER ST
1/7/2017
$1,760,000
2
1/18
PARSONAGE RD
2/11/2017
$1,255,000
3
8/27
CHURCH ST
2/7/2017
$1,250,000
4
1/5
MORVEN CRT
11/12/2016
$1,235,000
5
25/57
CECIL AVE
12/5/2016
$1,100,000
6
4/35
PARSONAGE RD
11/21/2016
$1,001,000
7
11/32
CASTLE ST
11/20/2016
$1,001,000
8
13/79
CRANE RD
2/13/2017
$1,000,000
9
9/23
CRANE RD
11/22/2016
$985,000
10
3/9
BRISBANE RD
12/18/2016
$980,000
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
$1,500,000
80 75
$1,450,000
70 65
$1,400,000
60
$1,350,000
50 45
$1,300,000
40 35
$1,250,000
30 25
$1,200,000
SALE MONTH
Number of sales
Median sale price
JAn 2017
DEC
NOV
OCT
SEP
AUG
JUL
JUN
MAY
APR
MAR
FEB
20
NUMBER OF SALES
MEDIAN SALE PRICE
55
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