glenwood 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 12 months Based on 155 recorded House(2016) sales within the last 12 months (2016) Based Basedon Based on 155 155 recorded on recorded 155 recorded House House sales House saleswithin within sales within Based onthe a 12 rolling 12 period and may differ the thelast last 12 months last months 12month months (2016) (2016) (2016) Based on a rolling 12 month period and may differ from calendar year statistics from calendar statistics Based on a rolling 12 monthyear period and may differ from calendar year statistics Based Based onon Based aa rolling rolling on12 a12 rolling month month 12 period period month and and period may may differ and differ may differ
Current Median Price: $920,000 Previous Median Price: $895,000 months Based on recorded House(2016) sales within the 12 Current Current Current Median Median Median Price: Price:$920,000 Price: $920,000 $920,000 Previous Median Price: $895,000 months (2016) Based Basedon Based onrecorded recorded on recorded House House sales House saleswithin within salesthe within the1212the 12 Based months onmonths a rolling 12 month period and may differ Based on 346 recorded House sales compared over the last two Previous Previous Previous Median Median Median Price: Price: $895,000 Price: $895,000 $895,000 months (2016) (2016) (2016)
Based on 346 recorded House sales12compared over the last two rolling month periods rolling 12 month periods Based on 346 recorded House sales compared over the last two rolling 12 month periods Based Based onon 346 Based 346 recorded recorded on 346House recorded House sales sales House compared compared sales over compared over thethe last last over two two the last two rolling rolling 1212 month rolling month periods 12 periods month periods
recen t ly sol d houses from from calendar calendar from year calendar year statistics statistics year statistics
40 BURNHAM AVE 40 BURNHAM AVE 40 BURNHAM AVE 40 40BURNHAM BURNHAM 40 BURNHAM AVE AVE AVE
SOLD $755,000 40 BURNHAM AVE 40 MARIE AVE | 1 garages 293 m² 3 bed | 1 bath 40 MARIE AVE 40 MARIE AVE 40 40MARIE MARIE 40 MARIE AVE AVE AVE
SOLD $990,000
6 AVONLEIGH CRT 6 AVONLEIGH CRT 6 AVONLEIGH CRT 6 6AVONLEIGH AVONLEIGH 6 AVONLEIGH CRT CRT CRT
SOLD $993,000 6 AVONLEIGH CRT 1 BETH WAY 4 bed | 2 bath | 2 garages 380 m² 1 BETH WAY 1 BETH WAY 1 1BETH BETH 1 WAY BETH WAY WAY
SOLD $1,085,000
Based on a rolling from 12 month period and may differ calendar year statistics from calendar statistics Based on a rolling 12 monthyear period and may differ calendar year statistics Based Based onon Based afrom a rolling rolling on12 a12 rolling month month 12 period period month and and period may may differ and differ may differ from from calendar calendar from year calendar year statistics statistics year statistics
4 FARMER CL 4 FARMER CL 4 FARMER CL 4 4FARMER FARMER 4 FARMER CL CL CL
SOLD $872,500 4 FARMER CL 11 CL 311bed | 2SILKYOAK bath | CL 1 garages 360 m² SILKYOAK 11 SILKYOAK CL 11 11SILKYOAK SILKYOAK 11 SILKYOAK CL CL CL
SOLD $1,161,000
11 SILKYOAK CL 40 MARIE AVE 1 BETH WAY 4 bed | 2 bath | 2 garages 550 m² 4 bed | 2 bath | 2 garages 397 m² 4 bed | 2 bath | 2 garages 555 m² 11 GARRETT WAY 77 KNIGHTSBRIDGE AVE 9 DAIRY CRT 11 GARRETT WAY AVE 9 DAIRY CRT Source: pricefinder.com.au | Properties included may or 77 mayKNIGHTSBRIDGE not be sold by Ray White 11 GARRETT WAY 77 KNIGHTSBRIDGE AVE 9 DAIRY CRT $995,000 $1,395,000 $750,000 11 11GARRETT GARRETT 11 GARRETT WAY WAY WAY 77 77KNIGHTSBRIDGE KNIGHTSBRIDGE 77 KNIGHTSBRIDGE AVE AVE AVE $1,395,000 9 9DAIRY DAIRY 9 DAIRY CRT CRT CRT $995,000 $750,000
Median Sale Price
$920k
Suburb Growth
+2.8%
8 GOOSEBERRY PL 8 GOOSEBERRY 8 GOOSEBERRY PL PL 8 GOOSEBERRY 8 GOOSEBERRY PLPL 8 GOOSEBERRY PL
SOLD $1,077,000 8 GOOSEBERRY PL 4 bed | 2 bath | 2 garages 481 m² 16 CHERRYWOOD ST CHERRYWOOD 16 16 CHERRYWOOD ST ST 16 16 CHERRYWOOD CHERRYWOOD STST 16 CHERRYWOOD ST
SOLD $930,000 16 CHERRYWOOD ST 4 bed | 2 bath | 2 garages 369 m²
155
19 CASINO ST CASINO 19 19 CASINO ST ST 19 19 CASINO CASINO STST 19 CASINO ST
SOLD $948,000 19 CASINO ST 4 bed | 2 bath | 2 garages 630 m² 16 BITTERN GR BITTERN 16 16 BITTERN GRGR 16 16 BITTERN BITTERN GRGR 16 BITTERN GR
SOLD $930,000 16 BITTERN GR 4 bed | 2 bath | 2 garages 502 m²
Source: pricefinder.com.au | Properties included may or may not be sold by Ray White
162A GLENWOOD PARK DR 162A GLENWOOD PARK 162A GLENWOOD PARK DRDR 162A 162A GLENWOOD GLENWOOD PARK PARK DRDR
5
# Sold Properties
14 ALICIA ST ALICIA 14 14 ALICIA ST ST 14 14 ALICIA ALICIA STST
22 AMBERLEA ST AMBERLEA 22 22 AMBERLEA ST ST 22 22 AMBERLEA AMBERLEA STST 22 AMBERLEA ST
SOLD $910,000 22 AMBERLEA ST 4 bed | 2 bath | 2 garages 341 m² 11 PINNACLE WAY PINNACLE WAY 11 11 PINNACLE WAY 11 11 PINNACLE PINNACLE WAY WAY 11 PINNACLE WAY
SOLD $1,072,000 11 PINNACLE WAY 4 bed | 2 bath | 2 garages 529 m² 6 HUNGERFORD DR 6 HUNGERFORD 6 HUNGERFORD DRDR 6 HUNGERFORD 6 HUNGERFORD DRDR
t op 20 house sa l es ADDRESS
SOLD DATE
LAND SIZE (M2)
PRICE
1
14
ALICIA ST
23/12/2016
516m2
$1,150,000
2
5
SELINA PL
01/11/2016
503m2
$1,142,000
3
8
GOOSEBERRY PL
06/01/2017
481m2
$1,077,000
4
11
PINNACLE WAY
19/12/2016
529m2
$1,072,000
5
155
MEURANTS LANE
15/12/2016
352m2
$1,040,000
6
27
BITTERN GR
07/12/2016
390m2
$970,000
7
20
BLUEBERRY GR
12/12/2016
476m2
$960,000
8
12
HOYA WAY
12/11/2016
403m2
$955,000
9
19
CASINO ST
03/01/2017
630m2
$948,000
10
16
CHERRYWOOD ST
20/12/2016
369m2
$930,000
Properties included may/may not be sold by Ray White
7
ADDRESS
SOLD DATE
LAND SIZE (sqm)
PRICE
11
16
BITTERN GR
19/12/2016
502m2
$930,000
12
6
HUNGERFORD DR
13/12/2016
552m2
$928,000
13
22
AMBERLEA ST
21/12/2016
341m2
$910,000
14
18
BURNHAM AVE
24/11/2016
450m2
$870,000
15
17
MILPARINKA AVE
09/12/2016
360m2
$860,000
16
9
NYDEGGAR AVE
03/11/2016
474m2
$850,050
17
20
FARMER CL
14/11/2016
450m2
$823,000
18
9
DAIRY CRT
17/01/2017
372m2
$750,000
19
9
MARS WAY
17/10/2016
335m²
$820,000
20
9
NYDEGGAR AVE
16/11/2016
474m²
$850,050
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
$1,100,000
24 22
$1,000,000
20 18
$900,000
16
$800,000
12 10
$700,000
8 6
$600,000
4 2
$500,000
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
14
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