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
12 months (2016) Based Based onthe 458 onlast 458 recorded recorded House House sales sales within within the last 12 months (2016) the the lastlast 12 months 12 months (2016) (2016) Based on 458 recorded House sales within the last 12 12 months (2016) Based onBased a rolling month period and may differmay differ on 12 a rolling month period and year statistics Based Based on afrom on rolling a calendar rolling 12 month 12calendar month period period andstatistics and maymay differdiffer from year fromfrom calendar calendar yearyear statistics statistics Based on a rolling 12 month period and may differ from calendar year statistics
Previous MedianMedian Price: $1,040,000 Previous Price: $1,040,000 Previous Previous Median Median Price: Price: $1,040,000 $1,040,000 Current Median Price: $1,136,345 Previous Median Price: Based on 1010 recorded House sales compared over$1,040,000 the last two
Based on 1010 recorded House sales compared over the last two rolling 12 month Based Based on 1010 on 1010 recorded recorded House House salesperiods sales compared compared over the overlast thetwo last two rolling 12 month periods rollingrolling 12 month 12 month periods periods Based on 1010 recorded House sales compared over the last two rolling 12 month periods
recen t ly sol d houses
months (2016) Based Based on recorded on recorded House House sales sales within within the the 12 12 months (2016) months months (2016) (2016) Based on recorded House sales within the 12 months (2016) Based onBased a rolling month period and may and differmay differ on 12 a rolling 12 month period year statistics Based Based on afrom on rolling a calendar rolling 12 month 12calendar month period period andstatistics and maymay differdiffer from year fromfrom calendar calendar yearyear statistics statistics Based on a rolling 12 month period and may differ from calendar year statistics
7 JOHN ALBERT CLPL CL 8 BUCKERIDGE 7 JOHN ALBERT 7 JOHN 7 JOHN ALBERT ALBERT CL CL
13 CARISBROOK ST 13 CARISBROOK ST 13 CARISBROOK 13 CARISBROOK ST ST
5 WILDROSE ST RD 22 PRESIDENT 5 WILDROSE ST 5 WILDROSE 5 WILDROSE ST ST
7 JOHN ALBERT CL
13 CARISBROOK ST
5 WILDROSE ST
SOLD $1,375,000
SOLD $950,000
7 JOHN ALBERT CL 4 | CREEK 3 bath 3 PL garages 698 m² 8 BUCKERIDGE PL | BVD 6 WATER 8 bed BUCKERIDGE 8 BUCKERIDGE 8 BUCKERIDGE PL PL
13 CARISBROOK ST 5 | 2 bath 26bed BURNS RD| 2 garages 300 m²
$2,035,000
8 BUCKERIDGE PL
SOLD $1,540,000
SOLD $1,985,000
Mar
2017 141 Days
SOLD $1,365,000 5 WILDROSE ST 522bed |22 2 bath | 2RD garages PRESIDENT 8 JANAMBA AVE PRESIDENT RD 447 m² 22 PRESIDENT 22 PRESIDENT RDRD 22 PRESIDENT RD
$1,065,000
SOLD $1,010,000 Mar
700 m²
5
3
8 BUCKERIDGE PL 4 bed | 3 bath | 2 garages 739 m²
3
2017 26 Days
26 BURNS RD 6 bed | 5 bath | 3 garages 702 m²
6 WATER CREEK BVD BVD RD Source: pricefinder.com.au | Properties included may or26 mayBURNS not26 be BURNS sold by RayRD White 6 WATER CREEK 6 WATER 6 WATER CREEK CREEK BVD BVD 26 BURNS 26 BURNS RDRD $2,035,000
698 m²
4
22 PRESIDENT RD 4 bed | 2 bath | 2 garages 697 m² 8 JANAMBA AVE AVE 8 JANAMBA 8 JANAMBA 8 JANAMBA AVE AVE
2
$1,065,000
2
Median Sale Price
$1.14m
Suburb Growth
+9.3%
5
# Sold Properties
458
19 IKARA 19AVE IKARA AVE 6 WELFORD CCT
17 APPLEGUM 17 APPLEGUM CRES CRES
28 WOODSTREAM 28 WOODSTREAM CRES CRES 5 MUNDURRA PL
19 19 IKARA IKARA 19AVE IKARA AVE AVE
17 17 APPLEGUM APPLEGUM 17 APPLEGUM CRES CRESCRES
28 28 WOODSTREAM WOODSTREAM 28 WOODSTREAM CRES CRESCRES
SOLD $1,140,000
SOLD $1,550,000
19 IKARA AVE 4 bed | 2 bath | 2 garages 703 m² 6 WELFORD 6 WELFORD CCT CCT 9 ZACHARY PL 6 WELFORD 6 WELFORD 6 WELFORD CCT CCT CCT
17 APPLEGUM CRES 5 bed | 3 bath | 3 garages 756 m² 3 KARINYA PL
SOLD $1,270,000
Feb
2017 172 Days m² 6 WELFORD630CCT 4 2 3 4 bed | 3 bath | 3 garages 450 m²
28 WOODSTREAM CRES 5 bed | 3 bath | 2 garages 493 m² 5 MUNDURRA 5 MUNDURRA PL PL 85 ROSEBERY RD 5 MUNDURRA 5 MUNDURRA 5 MUNDURRA PL PL PL
$1,070,000
SOLD $1,280,000
SOLD $1,425,000
$2,145,000
SOLD $1,050,000 Feb
3 KARINYA PL 4 bed | 2 bath | 3 garages 881 m²
Source: pricefinder.com.au | Properties included may or may not be sold by Ray White 9 ZACHARY 9 ZACHARY PL PL 3 KARINYA 3 KARINYA PL PL 41 MARELLA AVE 13 CARBERRY CRT
2017 23 Days 5 MUNDURRA PL 968 m² 5 3 4 bed | 2 bath | 2 garages 450 m² 85 ROSEBERY 85 ROSEBERY RD RD
4
t op 20 house sa l es ADDRESS
SOLD DATE
LAND SIZE (M2)
PRICE
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
33
PERKINS DR
2/18/2017
568m2
$1,652,000
6
11
FERNCREEK CRT
1/30/2017
1,171m2
$1,625,000
7
34
WATER CREEK BVD
2/3/2017
706m2
$1,580,000
8
17
APPLEGUM CRES
3/4/2017
756m2
$1,550,000
9
10
SENTINEL AVE
1/28/2017
600m2
$1,550,000
10
8
BUCKERIDGE PL
3/11/2017
739m2
$1,540,000
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
9
HONEYSUCKLE PL
2/14/2017
691m2
$1,428,000
14
28
WOODSTREAM CRES
3/3/2017
493m2
$1,425,000
15
13
CARBERRY CRT
2/22/2017
747m2
$1,380,000
16
7
JOHN ALBERT CL
3/18/2017
698m2
$1,375,000
17
5
WILDROSE ST
3/11/2017
447m2
$1,365,000
18
25
FINTRY CRT
1/10/2017
686m2
$1,332,000
19
10
BELLERIVE AVE
1/7/2017
555m2
$1,306,000
20
6
WELFORD CCT
3/1/2017
450m2
$1,280,000
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
$1,300,000
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
FEB
JAN 2017
DEC
NOV
OCT
SEP
AUG
JUL
JUN
MAY
APR
MAR
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
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