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 the 12the last months last 12 months 12(Apr months '16 (Apr - (Apr Mar '16 '17) '16 - Mar - Mar '17)'17)
Based Based on 141 on House 141 recorded recorded House House sales sales within within sed on 141 recorded sales within the the lastlast 12 months 12'16 months (Apr(Apr '16 '16 - Mar - Mar '17)'17) the last 12 months (Apr Mar '17) Based on Based a Based rolling on a12 on rolling month a rolling 12period month 12 month and period may period and differ and maymay differdiffer
Previous Previous Previous Median Median Price: Median Price: $900,000 Price: $900,000 $900,000
months months (Apr months '16 (Apr - (Apr Mar '16 '17) '16 - Mar - Mar '17)'17)
Current Median Median Price: Price: $937,000 $937,000 Current Current Median Price: $937,000 Previous Previous Median Median Price: Price: $900,000 Previous Median Price: $900,000 $900,000
Based Based on recorded on recorded House House sales sales within within 12 12 Based on recorded House sales within thethe 12the months months (Apr (Apr '16 '16 - Mar - Mar '17)'17) months (Apr '16 Mar '17) Based on Based a Based rolling on a12 on rolling month a rolling 12period month 12 month and period may period and differ and maymay differdiffer Based onBased 324 Based recorded on 324 onrecorded House 324 recorded sales House compared House salessales compared overcompared the last overtwo over the last thetwo last two
rolling 12rolling month rolling 12 periods month 12 month periods periods from calendar fromfrom calendar year calendar statistics yearyear statistics statistics Based Based on aon rolling a rolling 12 month 12 month period period and and maymay differdiffer Based Based on 324 onrecorded 324 recorded House House salessales compared compared over over the last thetwo last two ased on a rolling 12 month period and may differ Based on 324 recorded House sales compared overperiods the last two rollingrolling 12 month 12 month periods fromfrom calendar calendar yearyear statistics statistics
recen t ly sol d houses
from calendar year statistics
16A ROTHWELL 16A16A ROTHWELL ROTHWELL CCT CCT CCT 16A16A ROTHWELL ROTHWELL CCT CCT
ROTHWELL CCT
SOLD $877,000
16A ROTHWELL CCT 4 bed | 2 bath | 2 garages 451 m² 8 PIANOSA 8 PIANOSA 8 PIANOSA PL PL PL 8 PIANOSA 8 PIANOSA PL PL
NOSA PL
rolling 12 month periods
10 MIMOSA 10 10 MIMOSA MIMOSA GR GRGR 10 10 MIMOSA MIMOSA GRGR
10 MIMOSA GR
SOLD $1,200,000 10 MIMOSA GR 4 bed | 2 bath | 2 garages 555 m² 14 PLUM 14 14 PLUM GDNS PLUM GDNS GDNS 14 14 PLUM PLUM GDNS GDNS
14 PLUM GDNS
SOLD $1,250,000 8 PIANOSA PL 4 bed | 2 bath | 2 garages 779 m²
SOLD $800,000 14 PLUM GDNS 3 bed | 1 bath | 1 garages 310 m²
| Properties included may may be sold byST Ray White 7 ANGARA 7 ANGARA 7Source: ANGARA CCTpricefinder.com.au CCT CCT 3 or RIDGE 3 not RIDGE 3ST RIDGE ST
7 ANGARA 7 ANGARA CCT CCT
3 RIDGE 3 RIDGE ST ST
from calendar fromfrom calendar year calendar statistics yearyear statistics statistics Based Based on aon rolling a rolling 12 month 12 month period period and and maymay differdiffer
Based on a rolling 12 calendar month period andstatistics may differ fromfrom calendar yearyear statistics from calendar year statistics
7 AGINCOURT 7 AGINCOURT 7 AGINCOURT PL PL PL 7 AGINCOURT 7 AGINCOURT PL PL
7 AGINCOURT PL
SOLD $1,135,000 7 AGINCOURT PL 4 bed | 2 bath | 3 garages 505 m² 7 ORCHARD 7 ORCHARD 7 ORCHARD PL PL PL 7 ORCHARD 7 ORCHARD PL PL
7 ORCHARD PL
SOLD $845,000 7 ORCHARD PL 4 bed | 2 bath | 2 garages 459 m² 29 AMBERLEA 29 29 AMBERLEA AMBERLEA ST ST ST 29 29 AMBERLEA AMBERLEA ST ST
Median Sale Price
$937k
7 DIENELT CL 77DIENELT DIENELTCL CL
Suburb Growth
+4.1%
7 DIENELT 7 DIENELT 7 DIENELT CL CLCL
5
# Sold Properties
141
15 NYMAGEE ST 15 15NYMAGEE NYMAGEEST ST
6 FARMER CL 66FARMER FARMERCL CL
15 NYMAGEE 15 15 NYMAGEE NYMAGEE ST ST ST
6 FARMER 6 FARMER 6 FARMER CL CLCL
SOLD $975,000
SOLD $932,000
SOLD $855,000
7 DIENELT CL 34ELBA WAY bed |2 bath | 2 garages 514 m² 33ELBA ELBA WAY WAY
15 NYMAGEE ST 54 FAIRMOUNT CCT 4FAIRMOUNT bed | 2 bathCCT |CCT 2 garages 550 m² 54 54FAIRMOUNT
6 FARMER CL 148 GLENWOOD PARK 3148 bed | 2 bath | 1 garages 360DR m² 148 GLENWOOD GLENWOOD PARK PARKDR DR
3 ELBA 3 ELBA 3 ELBA WAY WAY WAY
54 FAIRMOUNT 54 54 FAIRMOUNT FAIRMOUNT CCT CCT CCT
148148 GLENWOOD 148 GLENWOOD GLENWOOD PARK PARK PARK DRDRDR
SOLD $1,005,101
SOLD $1,065,000
SOLD $760,000
3 ELBA WAY 54 FAIRMOUNT CCT 4 bed | 2 bath | 2 garages 422 m² 4 bed | 2 bath | 2 garages 575 m² 37 THOMPSON CRES 85 KNIGHTSBRIDGE AVE 37 37THOMPSON THOMPSON CRES CRES 85KNIGHTSBRIDGE KNIGHTSBRIDGE AVE AVE Source: pricefinder.com.au | Properties included may or85 may not be sold by Ray White $840,000 $840,000 $840,000
148 GLENWOOD PARK DR 3 bed | 1 bath | 1 garages 608 m² 151 MEURANTS LANE 151 151MEURANTS MEURANTSLANE LANE
$1,530,000 $1,530,000 $1,530,000
$1,060,000 $1,060,000 $1,060,000
t op 20 house sa l es ADDRESS
SOLD DATE
LAND SIZE (M2)
1
85
KNIGHTSBRIDGE AVE
3/1/2017
600m²
$ 1,530,000
2
77
KNIGHTSBRIDGE AVE
1/15/2017
743m²
$ 1,395,000
3
1
JOHN WARREN AVE
2/12/2017
603m²
$ 1,351,000
4
8
PIANOSA PL
3/28/2017
779m²
$ 1,250,000
5
10
MIMOSA GR
4/7/2017
555m²
$ 1,200,000
6
9
MAHOGANY CL
2/14/2017
580m²
$ 1,200,000
7
11
SILKYOAK CL
1/25/2017
550m²
$ 1,161,000
8
7
AGINCOURT PL
4/1/2017
505m²
$ 1,135,000
9
28
CASINO ST
2/20/2017
550m²
$ 1,125,100
10
15
SOPHIE PL
2/15/2017
503m²
$ 1,125,000
Properties included may/may not be sold by Ray White
PRICE
7
ADDRESS
SOLD DATE
LAND SIZE (sqm)
11
22
CHARLIE YANKOS ST
2/20/2017
560m²
$ 1,106,000
12
1
BETH WAY
1/27/2017
555m²
$ 1,085,000
13
8
GOOSEBERRY PL
1/6/2017
481m²
$ 1,077,000
14
54
FAIRMOUNT CCT
3/9/2017
575m²
$ 1,065,000
15
151
MEURANTS LANE
2/24/2017
352m²
$ 1,060,000
16
12
GREENHILL DR
2/11/2017
600m²
$ 1,058,000
17
3
ELBA WAY
3/9/2017
422m²
$ 1,005,101
18
11
GARRETT WAY
1/24/2017
573m²
$ 995,000
19
6
AVONLEIGH CRT
2/11/2017
380m²
$ 993,000
20
40
MARIE AVE
2/5/2017
397m²
$ 990,000
Properties included may/may not be sold by Ray White
PRICE
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
$1,100,000
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
MAR
FEB
JAN 2017
DEC
NOV
OCT
SEP
AUG
JUL
JUN
MAY
APR
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
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