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 last months 12 months (2016) (2016)sales within Based on12167 recorded House BasedBased on 167on recorded House sales within the last 12 months (2016) Based on 167 167 recorded recorded House House sales sales within within the last 12last months (2016)(2016) the the last 12 12 months months (2016) Based on Based a rolling on a12 rolling month 12period monthand period mayand differ may differ from calendar from calendar year12statistics year statistics Based on a rolling month period and may differ calendar year statistics Based on a rolling month period and may differ Based Based onon a12 rolling afrom rolling 12 12 month month period period and and may may differ differ from calendar year statistics from from calendar calendar year year statistics statistics
Current Median Price:$895,000 $930,000 Previous Previous Median Median Price: Price: $895,000 Current Median Price: $930,000 Current Current Median Median Price: Price: $930,000 $930,000 Previous Median Price: $895,000 Previous Median Price: Price: $895,000 Previous Previous Median Median Price: $895,000 $895,000
Based onBased 358 recorded on 358 recorded House sales House compared sales compared over the last overtwo the last two rolling 12rolling month12 periods month periods Based on 358 recorded House sales compared over the last two rolling 12 monthover periods Based onBased 358 recorded House sales compared the last two Based onon 358 358 recorded recorded House House sales sales compared compared over over thethe lastlast twotwo rolling 12rolling month periods rolling 12 12 month month periods periods
recen t ly sol d houses
3 ELBA 3 ELBA WAY WAY 3 ELBA WAY 3 ELBA WAY 3 3ELBA ELBAWAY WAY
SOLD $1,005,101 3 ELBA WAY 4 MEURANTS bed | 2 LANE bath |LANE 2 garages 422 m² 151 MEURANTS 151 151 MEURANTS LANE 151 MEURANTS LANELANE 151 151MEURANTS MEURANTS LANE
SOLD $1,060,000 151 MEURANTS LANE 4 bed | 2 bath | 2 garages 503 m²
148 GLENWOOD 148 GLENWOOD PARKPARK DR DR 148 GLENWOOD PARK DR 148 GLENWOOD PARKPARK DR 148 148GLENWOOD GLENWOOD PARKDR DR
from calendar from calendar year12statistics year statistics Based on a rolling month period and may differ calendar year statistics Based on a rolling month period and may differ Based Based onon a12 rolling afrom rolling 12 12 month month period period and and may may differ differ from calendar year statistics from from calendar calendar year year statistics statistics
85 KNIGHTSBRIDGE 85 KNIGHTSBRIDGE AVE AVE 85 KNIGHTSBRIDGE AVE 85 KNIGHTSBRIDGE AVE AVE 8585KNIGHTSBRIDGE KNIGHTSBRIDGE AVE
SOLD $760,000
SOLD $1,530,000
148 GLENWOOD PARK DR 315 bed | PL 1 bathPL| 1 garages 608 m² 15 SOPHIE SOPHIE 15 SOPHIE PL 15 SOPHIE PL PL 1515SOPHIE SOPHIE PL
SOLD $1,125,000
85 KNIGHTSBRIDGE AVE 5 CHARLIE bed 3 bath | 3 garages 22 22| CHARLIE YANKOS YANKOS ST 600 ST m² 22 CHARLIE YANKOS ST 22 CHARLIE YANKOS ST ST 2222CHARLIE CHARLIE YANKOS YANKOS ST
SOLD $1,106,000
15 SOPHIE PL 4 bed | 3 bath | 2 garages 503 m²
40 BURNHAM 40Source: BURNHAM AVE AVE AVONLEIGH CRT CRT pricefinder.com.au | Properties included may 6 or AVONLEIGH may 6 not be sold by Ray White 40 BURNHAM AVE 6 AVONLEIGH CRT 40 BURNHAM AVE AVE CRT CRT 4040BURNHAM BURNHAM AVE 6 6AVONLEIGH AVONLEIGH CRT $755,000 $755,0006 AVONLEIGH
months months (2016) (2016)sales within the 12 Based on recorded House BasedBased on recorded House sales within the 12the months (2016) Based onon recorded recorded House House sales sales within within the 1212 months (2016)(2016) months months (2016) Based on Based a rolling on a12 rolling month 12period monthand period mayand differ may differ
22 CHARLIE YANKOS ST 4 bed | 2 bath | 2 garages 560 m²
1 JOHN 1 JOHN WARREN WARREN AVE AVE 1 JOHN WARREN AVE WARREN AVE AVE 1 1JOHN JOHNWARREN WARREN AVE $993,000 $993,0001 JOHN
$1,351,000 $1,351,000
Median Sale Price
$930k
4 FARMER 4 FARMER 4 FARMER CLCLCL 4 FARMER CL 4 FARMER 4 FARMER CLCL
Suburb Growth
+3.9%
SOLD $872,500 4 FARMER CL 3 bed | 2 bath | 1 garages 360 m² 1 BETH 1 BETH 1 BETH WAY WAY WAY 1 BETH WAY 1 BETH 1 BETH WAY WAY
SOLD $1,085,000 1 BETH WAY 4 bed | 2 bath | 2 garages 555 m²
5
# Sold Properties
167
9 MAHOGANY 9 MAHOGANY 9 MAHOGANY CLCLCL 9 MAHOGANY CL 9 MAHOGANY 9 MAHOGANY CLCL
SOLD $1,200,000 9 MAHOGANY CL 4 bed | 3 bath | 2 garages 580 m² 9 PERSIMMON 9 PERSIMMON 9 PERSIMMON WAY WAY WAY 9 PERSIMMON WAY 9 PERSIMMON 9 PERSIMMON WAY WAY
SOLD $885,000 9 PERSIMMON WAY 3 bed | 3 bath | 2 garages 363 m²
Source: pricefinder.com.au |AVE Properties included may or11 may not beSILKYOAK sold byCL Ray White 77 77 KNIGHTSBRIDGE 77 KNIGHTSBRIDGE KNIGHTSBRIDGE AVE AVE 11 SILKYOAK 11 SILKYOAK CL CL 77 KNIGHTSBRIDGE AVE 11 SILKYOAK CL
40 40 MARIE 40 MARIE MARIE AVE AVE AVE 40 MARIE AVE 40 40 MARIE MARIE AVE AVE
SOLD $990,000 40 MARIE AVE 4 bed | 2 bath | 2 garages 397 m² 11 11 GARRETT 11 GARRETT GARRETT WAY WAY WAY 11 GARRETT WAY 11 11 GARRETT GARRETT WAY WAY
SOLD $995,000 11 GARRETT WAY 4 bed | 2 bath | 2 garages 573 m² 7 DAIRY 7 DAIRY 7 DAIRY CRT CRT CRT 7 DAIRY CRT
t op 20 house sa l es ADDRESS
SOLD DATE
LAND SIZE (M2)
PRICE
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
2/17/2017
603m2
$1,351,000
4
9
MAHOGANY CL
2/14/2017
580m2
$1,200,000
5
11
SILKYOAK CL
1/25/2017
550m2
$1,161,000
6
15
SOPHIE PL
2/24/2017
503m2
$1,125,000
7
8
PASSIONFRUIT WAY
1/9/2017
550m2
$1,115,000
8
22
CHARLIE YANKOS ST
2/20/2017
560m2
$1,106,000
9
1
BETH WAY
2/10/2017
555m2
$1,085,000
10
8
GOOSEBERRY PL
1/6/2017
481m2
$1,077,000
Properties included may/may not be sold by Ray White
7
ADDRESS
SOLD DATE
LAND SIZE (sqm)
PRICE
11
151
MEURANTS LANE
2/24/2017
352m2
$1,060,000
12
3
ELBA WAY
3/9/2017
422m2
$1,005,101
13
11
GARRETT WAY
1/24/2017
573m2
$995,000
14
6
AVONLEIGH CRT
2/17/2017
380m2
$993,000
15
40
MARIE AVE
2/10/2017
397m2
$990,000
16
22
AMBERLEA ST
12/21/2016
340m2
$910,000
17
9
PERSIMMON WAY
2/6/2017
363m2
$885,000
18
4
FARMER CL
2/15/2017
360m2
$872,500
19
7
DAIRY CRT
1/12/2017
328m2
$790,000
20
148
GLENWOOD PARK DR
3/8/2017
608m2
$760,000
Properties included may/may not be sold by Ray White
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
FEB
JAN 2017
DEC
NOV
OCT
SEP
AUG
JUL
JUN
MAY
APR
MAR
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