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
Current Current Current Median Median Price: Median Price: $1,132,690 Price: $1,132,690 $1,132,690 Previous Previous Previous Median Median Price: Median Price: $1,100,000 Price: $1,100,000 $1,100,000
Based Based on Based 375 on 375 recorded on recorded 375 recorded House House sales House sales within sales within within the the lastlast the 12 months 12 lastmonths 12 months (Apr(Apr '16 (Apr -'16 Mar - '16 Mar '17) - '17) Mar '17)
recen t ly sol d houses
Based Based on Based aon rolling a rolling on12 a month rolling 12 month 12 period month period andperiod may and may differ and differ may differ fromfrom calendar calendar fromyear calendar year statistics statistics year statistics
BasedBased on 903 Based onrecorded 903on recorded 903 House recorded House salesHouse sales compared compared salesover compared the overlast the over two lastthe twolast two rollingrolling 12 month rolling 12 month periods 12 month periodsperiods
95 GRACE 95 95 GRACE GRACE CRESCRES CRES 1 ASHBURTON 1 ASHBURTON 1 ASHBURTON CRT CRTCRT
$870,000 $870,000 $870,000
SOLD $1,375,000 Apr
38 Days
Apr
SOLD $1,346,000
Apr
38 Days 38 Days
193 m² 193 m² 1933m²
32 3
21 2
1
1
31 Days
1 ASHBURTON CRT 5 bed | 3 bath | 2 garages 742 m² 20 CONNELLY 20 20 CONNELLY CONNELLY WAY WAY WAY
SOLD $1,540,000
$1,630,000 $1,630,000 $1,630,000
SOLD $1,540,000 Apr
Apr
2017 2017 2017
95 GRACE 95 GRACE 95 GRACE CRES CRES CRES
31 Days 31 Days
700 m² 700 m² 7005m²
53 5
32 3
2
2
117 CATTAI CREEK DR 5 bed | 3 bath | 3 garages 733 m² 21 DEMPSEY 21 21 DEMPSEY DEMPSEY CRESCRES CRES 11 PATYA 11 PATYA 11 PATYA CCT CCTCCT
$870,000 $870,000 $870,000
35 2017 JONQUIL PDE 2017 2017 38 Days 384 Days 38 Days bed | 2 bath | 2 m²garages 193 m² 193 193 m² 3 3 606 23 2m² 12 1 Apr
117117 CATTAI 117 CATTAI CATTAI CREEK CREEK CREEK DRDR DR
Apr
31 GOLDEN GROVE AVE 4 bed | 2 bath | 2 garages 471 m² 35 JONQUIL 35 35 JONQUIL JONQUIL PDE PDE PDE
Apr
Based Based on Based aon rolling a rolling on12 a month rolling 12 month 12 period month period andperiod may and may differ and differ may differ fromfrom calendar calendar fromyear calendar year statistics statistics year statistics
11 PATYA 11 11 PATYA CCT PATYA CCT CCT
31 GOLDEN 31 GOLDEN 31 GOLDEN GROVE GROVE GROVE AVE AVEAVE
2017 2017 2017
Based Based on Based recorded on recorded on recorded House House sales House sales within sales within the within the 12 12 the 12 months months months (Apr(Apr '16 (Apr -'16 Mar - '16 Mar '17) - '17) Mar '17)
Apr
1
SOLD $1,428,000 20 CONNELLY WAY 5 bed | 3 bath | 2 garages 449 m²
Source: pricefinder.com.au | Properties included may or may not be sold by Ray White
SOLD $1,260,000
$1,630,000 $1,630,000 $1,630,000
212017 DEMPSEY 20172017 CRES 31 Days 31| Days 31 Days | 2 garages 4 bed 2 bath 700 m² 700 m²700 450 m² 5 5m²35 3 Apr
Apr
Apr
23 2
2
Mar
Mar
Mar
2017 2017 2017 26 Days 26 Days 26 Days Mar Mar Mar
Mar
600 m² 600 m² 600 4 m²
Median 2017 2017 2017 Sale Price
$1.13m
26 Days 26 Days26 Days
600 m² 600 m² 600 m² 4
7 JOHN 7 JOHN ALBERT 7 JOHN ALBERT ALBERT CL CL CL
42 4 4
22 2
Mar
Mar
2017 2017 2017
2
2
74 Days 74 Days 74 Days Mar Mar Mar
2 2
2
74 Days 74 Days74 Days
721 m² 721 m² 721 5 m²
Suburb Growth 2017 # Sold Properties 2017 2017
+3.0% 42
2
7 JOHN 7 JOHN 7 JOHN ALBERT ALBERT ALBERT CL CL CL
SOLD $1,375,000 7 JOHN ALBERT CL 4 bed | 3 bath | 3 garages 698 m² 13 CARISBROOK 13 CARISBROOK 13 CARISBROOK ST ST ST 13 13 CARISBROOK CARISBROOK 13 CARISBROOK ST ST ST
SOLD $950,000 13 CARISBROOK ST 5 bed | 2 bath | 2 garages 300 m²
375
721 m² 721 m² 721 m² 5
53 5
33 3
5
3
53
3
3
3 3
3
5
10A GREENWICH 10A10A GREENWICH GREENWICH PL PL PL
20 MAWARRA 20 MAWARRA 20 MAWARRA CRESCRES CRES
10A10A GREENWICH 10A GREENWICH GREENWICH PL PL PL
20 20 MAWARRA MAWARRA 20 MAWARRA CRES CRES CRES
SOLD $865,000 10A GREENWICH PL 3 bed | 1 bath | 1 garages 415 m² 5 WILDROSE 5 WILDROSE 5 WILDROSE ST ST ST 5 WILDROSE 5 WILDROSE 5 WILDROSE ST ST ST
SOLD $1,365,000 5 WILDROSE ST 5 bed | 2 bath | 2 garages 447 m²
Source: pricefinder.com.au | Properties included may or may not be sold by Ray White
SOLD $1,085,000 20 MAWARRA CRES 3 bed | 2 bath | 4 garages 698 m² 8 BUCKERIDGE 8 BUCKERIDGE 8 BUCKERIDGE PL PL PL 8 BUCKERIDGE 8 BUCKERIDGE 8 BUCKERIDGE PL PL PL
SOLD $1,540,000 8 BUCKERIDGE PL 4 bed | 3 bath | 2 garages 739 m²
t op 20 house sa l es ADDRESS
SOLD DATE
LAND SIZE (M2)
1
85
ROSEBERY RD
2/23/2017
968m²
$ 2,145,000
2
6
WATER CREEK BVD
3/10/2017
700m²
$ 2,035,000
3
26
BURNS RD
3/6/2017
702m²
$ 1,985,000
4
75
PATYA CCT
1/17/2017
701m²
$ 1,751,000
5
2
ZANITH WAY
3/24/2017
721m²
$ 1,690,000
6
33
PERKINS DR
2/18/2017
568m²
$ 1,652,000
7
11
PATYA CCT
4/6/2017
700m²
$ 1,630,000
8
11
FERNCREEK CRT
1/30/2017
1171m²
$ 1,625,000
9
34
WATER CREEK BVD
1/29/2017
705.5m²
$ 1,580,000
10
17
APPLEGUM CRES
3/4/2017
756m²
$ 1,550,000
Properties included may/may not be sold by Ray White
PRICE
7
ADDRESS
SOLD DATE
LAND SIZE (M2)
11
10
SENTINEL AVE
1/28/2017
600m²
$ 1,550,000
12
8
BUCKERIDGE PL
3/11/2017
739m²
$ 1,540,000
13
117
CATTAI CREEK DR
4/8/2017
733m²
$ 1,540,000
14
29
HARTIGAN AVE
1/31/2017
565.5m²
$ 1,480,000
15
2
LONDON CRT
1/27/2017
500m²
$ 1,450,000
16
129
ARNOLD AVE
2/10/2017
710m²
$ 1,444,000
17
7
PELLIZZER BVD
3/27/2017
811.5m²
$ 1,430,000
18
9
HONEYSUCKLE PL
2/14/2017
691m²
$ 1,428,000
19
20
CONNELLY WAY
3/31/2017
449m²
$ 1,428,000
20
28
WOODSTREAM CRES
3/3/2017
493m²
$ 1,425,000
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
$1,300,000
75 70 65
$1,200,000
60 55
$1,100,000
45
$1,000,000
40 35
$900,000
30 25
$800,000
20 15
SALE MONTH
Number of sales
Median sale price
MAR
FEB
JAN 2017
DEC
NOV
OCT
SEP
AUG
JUL
JUN
MAY
APR
$700,000
NUMBER OF SALES
MEDIAN SALE PRICE
50
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