Market Report - Kellyville | Autumn 2017

Page 1

kellyville 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 thelast last the 12 12last months months 12 months (2016) (2016)(2016) Based BasedBased on on427 427 on recorded recorded 427 recorded House HouseHouse sales saleswithin sales withinwithin the therolling last last the 12 12 last months months 12period months (2016) (2016) (2016) Based Basedon Based onaarolling on a12 12 rolling month month 12period monthand and period may may and differ differ may differ

Previous Previous Previous Median Median Median Price: Price:$1,040,000 Price: $1,040,000 $1,040,000 Current Current Current Median Median Median Price: Price:$1,140,000 Price: $1,140,000 $1,140,000 Previous Previous Previous Median Median Median Price: Price:$1,040,000 Price: $1,040,000 $1,040,000

from fromcalendar calendar from calendar year yearstatistics statistics year statistics

Based Basedon on Based 972 972recorded recorded on 972 House recorded Housesales sales House compared compared sales compared over overthe thelast over lasttwo two the last two rolling rolling12 12rolling month month12 periods periods month periods

Based Basedon Based onaarolling rolling on a12 12 rolling month month 12period period monthand and period may may and differ differ may differ from fromcalendar calendar from calendar year yearstatistics statistics year statistics

Based Basedon on Based 972 972recorded recorded on 972 House recorded Housesales sales House compared compared sales compared over overthe thelast over lasttwo two the last two rolling rolling12 12rolling month month12 periods periods month periods

recen t ly sol d houses

months months months (2016) (2016)(2016) Based BasedBased on onrecorded recorded on recorded House HouseHouse sales saleswithin sales withinwithin the the12 12the 12 months months months (2016) (2016) (2016) Based Basedon Based onaarolling rolling on a12 12 rolling month month 12period period monthand and period may may and differ differ may differ from fromcalendar calendar from calendar year yearstatistics statistics year statistics

Based Basedon Based onaarolling rolling on a12 12 rolling month month 12period period monthand and period may may and differ differ may differ from fromcalendar calendar from calendar year yearstatistics statistics year statistics

33 33PERKINS PERKINS 33 PERKINS DR DR DR

14 14HOLMAN HOLMAN 14 HOLMAN ST ST ST

66LAVENDER LAVENDER 6 LAVENDER AVE AVE AVE

33 33PERKINS PERKINS 33 PERKINS DR DR DR

14 14HOLMAN HOLMAN 14 HOLMAN ST ST ST

66LAVENDER LAVENDER 6 LAVENDER AVE AVE AVE

SOLD $1,652,000

SOLD $1,265,000

33 PERKINS DR 4 | 2 bathPL | 2 garages 568 m² 99HONEYSUCKLE HONEYSUCKLE 9 bed HONEYSUCKLE PL PL

14 HOLMAN ST bed | 2 bath garages 450 m² 19 194CHALET CHALET 19 CHALET RD RD | 2RD

99HONEYSUCKLE HONEYSUCKLE 9 HONEYSUCKLE PL PL PL

19 19CHALET CHALET 19 CHALET RD RD RD

SOLD $1,428,000 9 HONEYSUCKLE PL 4 bed | 3 bath | 3 garages 691 m²

SOLD $980,000 19 CHALET RD 3 bed | 2 bath | 1 garages 722 m²

Source: pricefinder.com.au not2be soldCRT by RayCRT White 129 129ARNOLD ARNOLD 129 ARNOLD AVE AVE AVE | Properties included may or may 22LONDON LONDON LONDON CRT

SOLD $1,175,000 6 LAVENDER AVE 433bed |32BALLYMENA bath | 2WAY garages BALLYMENA BALLYMENA WAYWAY453 m² 33BALLYMENA BALLYMENA 3 BALLYMENA WAY WAYWAY

SOLD $1,225,000 3 BALLYMENA WAY 4 bed | 2 bath | 2 garages 449 m² 23 23KINSELLA KINSELLA 23 KINSELLA CRT CRT CRT


Median Sale Price

$1.14m

Suburb Growth

5

# Sold Properties

+9.6%

427

34 WATER 34 WATER CREEK CREEK BVDBVD 7 BYFIELD AVE

11 FERNCREEK 11 FERNCREEK CRTCRT 75 PATYA CCT

10 SENTINEL 10 SENTINEL AVEAVE 29 MAPLETON AVE

34 WATER 34 WATER 34 CREEK WATER CREEK BVD CREEK BVDBVD

11 FERNCREEK 11 FERNCREEK 11 FERNCREEK CRT CRTCRT

10 SENTINEL 10 SENTINEL 10 SENTINEL AVE AVEAVE

SOLD $1,580,000

SOLD $1,625,000

SOLD $1,550,000

34 WATER CREEK BVD 45bed | 3 bath | 3 garages 706 m² 7 BYFIELD 7 BYFIELD AVEAVE 15 WALLINGAT RD

11 FERNCREEK CRT 5 bed | 5 bath | 4 garages 1,171 m² 75 PATYA 75 PATYA CCTCCT BARRY RD

10 SENTINEL AVE 4 bed | 2 bath | 2 garages 600 m² 29 MAPLETON 29 MAPLETON AVEAVE 10 BELLERIVE AVE

7 BYFIELD 7 BYFIELD 7 BYFIELD AVE AVEAVE

75 PATYA 75 PATYA 75CCT PATYA CCTCCT

29 MAPLETON 29 MAPLETON 29 MAPLETON AVE AVEAVE

$1,000,000

SOLD $1,075,000 Jan

2017 51 Days

$950,000

SOLD $1,751,000

SOLD $1,306,000

Jan

361 AVE m² 7 BYFIELD 4 2 2 4 bed | 2 bath | 2 garages 452 m²

2017 40 Days 75 PATYA CCT 4 2 2 6 bed | 3 bath | 2 garages 701 m²

Source: pricefinder.com.au | Properties included may or may not be sold by Ray White 15 WALLINGAT 15 WALLINGAT RD RD BARRY BARRY RD RD 6 FLYNN AVE

10 BELLERIVE AVE 4 bed | 2 bath | 2 garages 555 m² 10 BELLERIVE 10 BELLERIVE AVEAVE 16 STYNES AVE


t op 20 house sa l es ADDRESS

SOLD DATE

LAND SIZE (M2)

PRICE

1

75

PATYA CCT

1/17/2017

701m2

$1,751,000

2

33

PERKINS DR

2/18/2017

568m2

$1,652,000

3

11

FERNCREEK CRT

1/30/2017

1,171m2

$1,625,000

4

4

CORMACK CCT

12/3/2016

640m2

$1,600,000

5

34

WATER CREEK BVD

2/3/2017

706m2

$1,580,000

6

10

SENTINEL AVE

1/28/2017

600m2

$1,550,000

7

94

JAMES MILEHAM DR

11/11/2016

608m2

$1,520,000

8

28

PARK RIDGE CCT

12/14/2016

695m2

$1,500,000

9

52

WATER CREEK BVD

11/10/2016

701m2

$1,474,500

10

16

LIBERTY WAY

11/14/2016

851m2

$1,455,000

Properties included may/may not be sold by Ray White


7

ADDRESS

SOLD DATE

LAND SIZE (M2)

PRICE

11

2

LONDON CRT

2/10/2017

500m2

$1,450,000

12

129

ARNOLD AVE

2/10/2017

710m2

$1,444,000

13

17

JULIAN CL

12/16/2016

458m2

$1,440,000

14

27

IKARA AVE

12/2/2016

523m2

$1,430,000

15

9

HONEYSUCKLE PL

2/14/2017

691m2

$1,428,000

16

6

GARRAWILLA AVE

11/27/2016

544m2

$1,420,000

17

3

FALKIRK CRT

11/12/2016

549m2

$1,400,000

18

7

TARINGA AVE

11/26/2016

607m2

$1,387,000

19

119

ARNOLD AVE

11/18/2016

904m2

$1,380,000

20

41

MARSDEN AVE

12/17/2016

500m2

$1,370,000

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

$1,300,000

90 85

$1,200,000

80 75

$1,100,000

70

$1,000,000

60 55

$900,000

50 45

$800,000

40 35

$700,000

SALE MONTH

Number of sales

Median sale price

JAN 2017

DEC

NOV

OCT

SEP

AUG

JUL

JUN

MAY

APR

MAR

FEB

30

NUMBER OF SALES

MEDIAN SALE PRICE

65


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


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