Market Report - Baulkham Hills | June 2017

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Baulkham Hills Market Report Winter 2017


Ray White Castle Hill is the proud sponsor of


Welcome 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

3


the last 12 themonths last 12 (Apr months '16 -(Apr Mar '16 '17) - Mar '17) Based on 314 recorded House sales within the last 12 months (Apr '16 - Mar '17)sales within Based 314 House Based on a on rolling 12recorded month period and may differ thefrom last 12 months (Apr '16and - Mar '17) calendar statistics Based on aBased rolling on 12amonth rollingperiod 12year month and period may differ may differ calendar year calendar statistics yearmay statistics Based on afrom rolling 12 from month period and differ from calendar year12 statistics Based on a rolling month period and may differ

PreviousPrevious Median Price: Median $1,090,000 Price: $1,090,000 Median$1,090,000 Price: $1,150,000 Previous Current Median Price: Based on 773 recorded House sales compared over the last two Previous Price: $1,090,000 rolling Median 12 month periods

Based on 773Based recorded on 773 House recorded sales House compared sales over compared the last over two the last two rolling 12 month rolling periods 12 monthover periods Based on 773 recorded House sales compared the last two

Recently sold properties from calendar year statistics

40 HAMBLEDON AVE 40 HAMBLEDON 40 HAMBLEDON AVE AVE 40 HAMBLEDON AVE 4 WOOLISIA PL 40 HAMBLEDON AVE

rolling 12 month periods Based on 773 recorded House sales compared over the last two rolling 12 month periods

1 MARTINDALE AVE 1 MARTINDALE 1 MARTINDALE AVE AVE 1 MARTINDALE AVE 39 SALAMANDER 1 MARTINDALEGR AVE

(Apr months '16 -(Apr Mar '16 '17) - Marthe '17) Based on months recorded House sales within 12 months (Apr '16 - Mar '17) Based recorded House within Based on on a rolling 12 month periodsales and may differ the 12 months (Apr '16 - Marand '17)may differ from calendar statistics Based on aBased rolling on 12amonth rollingperiod 12year month and period may differ calendar year calendar statistics yearmay statistics Based on afrom rolling 12 from month period and differ from calendar year12 statistics Based on a rolling month period and may differ from calendar year statistics

42 QUINTANA AVE 42 QUINTANA 42 QUINTANA AVE AVE 42 QUINTANA AVE 25 JINDABYNE AVE 42 QUINTANA AVE

$1,357,000

Apr

2017 46 Days

$1,150,000 750 m²

5

3

HAMBLEDON 36 40 LAMBERT CRES AVE 336 bed | CRES 1 bath | CRES 2 garages 696 m² 36 LAMBERT LAMBERT 36 LAMBERT CRES 36 LAMBERT CRES

$1,226,000

$1,560,000 2

39 23 SALAMANDER MULLANE AVE GR 4 bed 2 bath 778 m² 23 MULLANE 23| MULLANE AVE| 4 garages AVE 23 MULLANE AVE 23 MULLANE AVE

Apr

2017 17 Days

$1,370,000 771 m²

4

42 QUINTANA AVE PL 16 HILDEGARD 3 bed | 16 2 bath | 2PL garages 16 HILDEGARD HILDEGARD PL 702 m² 16 HILDEGARD PL 16 HILDEGARD PL

2

2

Prepared on 11/05/2017 by Ray White Castle Hill, +61 7 3231 2200 at Ray White Corporate Default. © Property Data Solutions Pty Ltd 2017 (pricefinder.com.au) The materials provided are distributed as an information source only. © The State of New South Wales (Land and Property Information - LPI) May/2017. Contains property sales information provided under licence from the Department of Finance and Services, Land and Property Information (LPI) Issue Date: 01/05/17 and may be combined with property attribute data and photographs from other third party data sources. Ownership information derived from Non-Government sources. Please use as a guide only. Neither Veda nor LPI make any representations or warranties about accuracy, reliability, completeness or suitability of the data for any particular purpose and disclaims all responsibility and all liability (including without limitation, liability in negligence) for all expenses, losses, damages (including indirect or consequential damage) and costs which might be incurred as a result of the data being inaccurate or incomplete in any way and for any reason. Veda is authorised as a Property Sales Information provider of the Department of Finance and Services, Land and Property Information.

$1,050,000

$1,370,000

36 LAMBERT CRES 23 MULLANE AVE 5 bed | 2 bath | 2 garages 771 m² 5 bed | 3 bath | 2 garages 696 m² 4 WOOLISIA PL 39 SALAMANDER GR 4 WOOLISIA 4 WOOLISIA PL PL 39may SALAMANDER SALAMANDER Source: pricefinder.com.au | Properties included may or not39 be sold by RayGR White GR 4 WOOLISIA PL $1,357,00039 SALAMANDER GR 4 WOOLISIA PL 39 SALAMANDER GR $1,357,000 $1,357,000

$1,500,000

16 HILDEGARD PL 4 bed | 3 bath | 2 garages 737 m² 25 JINDABYNE AVE 25 JINDABYNE 25 JINDABYNE AVE AVE 25 JINDABYNE AVE $1,226,000 25 JINDABYNE AVE $1,226,000 $1,226,000


Based on 243 recorded Unit sales within the

Based on alast rolling 12 month period'16 and- may differ Mar Based12 on months a rolling 12(Apr month period and'17) may differ from calendar year statistics from calendar year statistics

Based on Previous 517 recordedMedian Unit sales Price: compared$777,000 over the last two Based on 517 recorded Unit sales compared over the last two rolling 12 month periods Current Current Median Median Price: Price: $742,000 $742,000

Based Based onon 243 243 recorded recorded Unit Unit sales sales within within the the last last 1212 months months (Apr (Apr '16 '16 - Mar - Mar '17) '17)

Based on a rolling 12 month period and may differ from calendar yearGrowth statistics Suburb # Sold Based Based onon a rolling a rolling 1212 month month period period and and may may differ differ 3/2A from CHRISTOPHER ST 3/2A CHRISTOPHER ST from calendar calendar year year statistics statistics

HOUSE +5.5%

314

3/2A CHRISTOPHER ST

rolling 12 month periods

Previous Previous Median Median Price: Price: $777,000 $777,000

Based on 517 recorded Unit sales compared over the last two rolling 12 month periods

Properties

Suburb Growth

UNIT -4.5%

Based Based on on 517 517 recorded recorded Unit Unit sales sales compared compared over over thethe lastlast twotwo 3/15 OWEN AVE rolling rolling 12 12 month month periods periods

3/15 OWEN AVE

6/75 OLD NORTHERN RD 3/15 OWEN AVE

3/2A 3/2ACHRISTOPHER CHRISTOPHERST ST

Based on recorded Unit sales within the 12 Based on a rolling(Apr 12 month- period and may diffe Based on amonths rolling 12 month'16 periodMar and '17) may differ from calendar year statistics from calendar year statistics Based Based onon recorded recorded Unit Unit sales sales within within the the 1212 months months (Apr (Apr '16 '16 - Mar - Mar '17) '17) Based on a rolling 12 month period and may differ from calendar year statistics Based Based onon a rolling a rolling 1212 month month period period and and may may differ differ 46/1-5 HILL STyear 46/1-5 HILL ST from from calendar calendar year statistics statistics

# Sold Properties

243

3/1 RUSSELL STHILL ST 46/1-5

3/15 3/15OWEN OWENAVE AVE

46/1-5 46/1-5HILL HILLST ST

A

$960,000

$852,500

3/2A CHRISTOPHER STRD 6/75 OLD NORTHERN 3 bed | 2 bath | 2 garages

3/153/1 OWEN AVE ST RUSSELL 2 bed | 1 bath | 1 garages

6/75 OLD NORTHERN RD

6/75 OLD NORTHERN RD 6/75 6/75OLD OLDNORTHERN NORTHERNRD RD

99

46/1-5 HILL ST 2 bed | 1 bath | 1 garages

3/1 RUSSELL ST

8/75 OLD NORTHERN RD 3/1 RUSSELL ST 3/1 3/1RUSSELL RUSSELLST ST

20

$580,000

8/8 THE COTTELL WAY $740,000

Apr

2017

$635,000 6/75 OLD NORTHERN RD 28/75 bedOLD | 1 bath | 1 garages NORTHERN RD

Apr

2017 3/1 RUSSELL3,774 STm² 32 Days 3 2 4 bed | 2 bath | 2 garages 8/8 THE COTTELL WAY

Source: pricefinder.com.au | Properties included may or may not be sold by Ray White

$740,000

99 Days

$800,000

2

2

$950,000

1

2

Apr 8/8 THE WAY 2017 AprApr COTTELL 2017 99 Days 2017 2017 3 bed | 2 bath | 2 garages 99 Days 99 Days 99 Days

A

20

Apr

168

22

2 22

2

1 12

5

2


Top 10 house sales Address

Sold date

Land size (m2)

Price

1

94

KALIMNA DR

12/04/2017

697m2

$1,710,000

2

18

PENINSULA WAY

25/03/2017

304m2

$1,650,000

3

41

YATTENDEN CRES

02/03/2017

841m2

$1,600,000

4

39

SALAMANDER GR

27/04/2017

778m2

$1,560,000

5

3

AMPHITHEATRE CCT

15/03/2017

997m2

$1,501,000

6

16

HILDEGARD PL

29/04/2017

737m2

$1,500,000

7

10

ROWE PL

03/04/2017

700m2

$1,500,000

8

4

BUNYA CL

27/03/2017

769m2

$1,443,000

9

1

MARTINDALE AVE

09/05/2017

696m2

$1,440,500

10

5

ELLIOTT PL

22/04/2017

757m2

$1,433,000

Properties included may/may not be sold by Ray White


Top 10 unit sales Address

Sold date

Price

1

59 /38

SOLENT CCT

15/03/2017

$1,295,000

2

43/3

SPURWAY DR

31/03/2017

$1,050,000

3

13/62

OLD NORTHERN RD

25/03/2017

$1,010,000

4

4/52

DOBSON CRES

10/04/2017

$1,001,000

5

3/2

CHRISTOPHER ST

08/05/2017

$960,000

6

4/18

PEARCE ST

27/03/2017

$960,000

7

8/8

THE COTTELL WAY

29/04/2017

$950,000

8

4/38

SOLENT CCT

22/03/2017

$950,000

9

4/38

SOLENT CCT

22/03/2017

$950,000

10

18/29

RAILWAY ST

19/04/2017

$935,000

Properties included may/may not be sold by Ray White

7


tips to keep your home smelling amazing There’s nothing we hate more than a funky smell in our home. It doesn’t necessarily mean that your home isn’t clean, but it can certainly feel that way when it isn’t smelling as fresh as you’d like.

1. Eucalyptus in your shower

5. Tea bags in your shoes

Tying up a sprig of fresh eucalyptus in your shower will keep your bathroom smelling lovely as the steam pushes the scent around. It will also clear you sinuses and help you relax!

If you have some smelly shoes (don’t we all?) you can place dry tea bags in the toes to absorb the unpleasant odours.

There can be many causes of bad smells, from drainage issues, dampness if the weather is wet or humid, and especially if you have pets. Our furry friends are a huge part of our lives but they don’t always smell great!

3. Essential oils on your air filter

2. Rinse your dishwasher with vinegar Dishwashers are an enormous help, but with all that food running through it’s little wonder they start to smell bad quickly. Run an empty cycle with vinegar to get it smelling fresh again.

We vacuum to clean, but often vacuums push out a pretty musty smell as a result of all the dust and dirt inside. A few drops of essential oils on the air filter will ensure the a lovely fragrance is emitted instead. 4. Coffee beans and vanilla candles Place vanilla scented candles in a bowl of coffee beans, and your house will smell like a fresh vanilla latte.

SOURCE: startsat60.com/lifestyle/seven-tips-to-keep-your-home-smelling-amazing

6. Clip an air freshener to your vents Air fresheners aren’t only for cars. If you have central heating or cooling, clip an air freshener to the vents and your entire house will be smelling beautiful! Clip it to the intake duct on ducted heating to carry the scent throughout the whole house. 7. Vanilla extract in your oven Vanilla is so great for masking bad smells or just making a neutral space smell inviting. Bake a couple of teaspoons of vanilla extract in your oven for 15-20 minutes, and your guests won’t want to leave. You can also wipe the inside of your fridge with vanilla extract to have it smelling great and mask any unpleasant food odours.


Median house prices $900,000

60 55 50

$850,000

45 40

$800,000

35 $750,000

30

$700,000

20 15

$650,000

10 5 0 MAR

FEB

JAN 2017

DEC

NOV

OCT

SEP

AUG

JUL

JUN

MAY

APR

$600,000

NUMBER OF SALES

MEDIAN SALE PRICE

25

SALE MONTH

Number of sales

Median sale price

9


Understanding the market

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 team

Philip Kelly 0407 000 991

Daniel Llamas 0421 908 736

Peter Iann 0488 002 222

Aroha Gilbert 0412 067 934

Andy Lin 0433 433 093

Hilda Bandiera 9680 2255

Paul Conti 0414 981 005

Fernando Morais 0408 232 632

Kael Sharp 0435 821 736

Hannah Dowling 9680 2255

Brett Macartney 0431 073 780

Kieron Stedman 0433 124 734

Odette Roach 9680 2255

Joel Simpson 0450 907 598

Brittney Willmette 9680 2255

Jose Reyna 0414 914 127

Matthew Langdon 0431 037 478

Margarete Kwarcinski 9680 2255

Joseph Meyer 0417 675 741

Karl Anthony 0457 120 174

Robbie Awad 0428 888 648

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Ray White Castle Hill 02 9680 2255 287C Old Northern Rd, Castle Hill NSW 2154

raywhitecastlehill.com.au


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