Baulkham Hills Market Report | April 2019

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Baulkham Hills Market Report | Autumn 2019 1


We’re not sales people. We’re matchmakers. We introduce people to houses, until they find the one they love.


Welcome 2019 is now in full swing and already is shaping up to be a very interesting year in the property and finance market. Throughout 2018 the property pendulum swung back and forth, resulting in most areas around the country, levelling off and shifting into what can only be best described as a ‘post-boom’ status. What is pleasing however, is that the so-called ‘bursting of the bubble’ that so many predicted did not occur and as we near the end of the first quarter, both seller and buyer sentiment is steady and thus, demonstrating confidence in the market. What is becoming extremely clear in this current climate though is the skill of agent - their tenacity, their drive, their financial aptitude, their ability to negotiate, their effort, their adaptability, their compassion and of course, their capacity to remain focused. Blocking out the noise from the media and focusing on key property fundamentals has certainly been crucial to the success of our agency. When the ‘doom and gloom’ headlines about declining auction clearance rates were rife, Ray White Castle Hill was, and still is, experiencing on average an 84% auction clearance rate! We’re also really proud to share that our first of the year ‘in-room’

auctions held late January at Castle Hill RSL saw 9 out of 11 properties sold in one night. It was a testament to our highly educated and professional team who continuously deliver superior campaigns for their clients and ultimately, assist them in reaching property goals. As we continue to organically grow our market share in our home suburb, we are constantly striving to deliver an exceptional experience for all who engage with us. In doing so, we have identified a growing desire of buyers not only looking to purchase locally, but to also invest in ‘out of town’ areas where rental yields may be more favourable. In order to nurture this need, Ray White Castle Hill is offering a no obligation appointment with our Head of Investments, who can advise and assist you in your wealth creation through property and financial solutions. If you would like to know more, simply email your name and contact phone number to: castlehill. solutions@raywhite.com. In the coming weeks, we will also have a page on our website dedicated to this new service, so be sure to check in regularly.

We look forward to assisting you throughout 2019 and welcome your enquiries, be it selling, buying, renting, leasing or investing. Our office is open Monday – Saturday, 9am5pm and can be phoned on 02 9680 2255.

Philip Kelly and David Dowling Directors | Ray White Castle Hill

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Recently Sold Properties

5A 5A BUCKINGHAM BUCKINGHAM 5A BUCKINGHAM RDRD RD

29 29 GREGORY GREGORY 29 GREGORY AVE AVE AVE

61 61 CROSS CROSS 61 ST CROSS ST ST

5A 5A BUCKINGHAM BUCKINGHAM 5A BUCKINGHAM RDRD RD

29 29 GREGORY GREGORY 29 GREGORY AVE AVE AVE

61 61 CROSS CROSS 61 ST CROSS ST ST

$1,600,000

$1,005,000

$1,073,000

5A BUCKINGHAM RD 566 beds | 3RD baths | 2 cars 706 m² 66 66 WATKINS WATKINS WATKINS RD RD

29 GREGORY AVE 4 HILDA beds | 2RD baths 39 39 HILDA 39RD HILDA RD| 1 car 726 m²

61 CROSS ST 5 beds | 3 bath | 4 cars 704 m² 20 20 MYEE MYEE 20 CRES MYEE CRESCRES

66 66 WATKINS WATKINS 66 WATKINS RDRD RD

39 39 HILDA HILDA 39RD HILDA RD RD

20 20 MYEE MYEE 20 CRES MYEE CRESCRES

$1,260,000 66 WATKINS RD 5 beds | 3 baths | 5 cars 750 m²

$1,000,000 39 HILDA RD 4 beds | 1 bath | 3 cars 803 m²

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

$925,000 20 MYEE CRES 3 beds | 2 bath | 2 cars 364 m²


QUICK FACTS

HOUSE

6/31-35 6/31-35 6/31-35 BRODIE BRODIE BRODIE ST ST ST

Suburb Growth

-7.5%

6/31-35 6/31-35 6/31-35 BRODIE BRODIE BRODIE ST ST ST

# Sold Properties

QUICK FACTS

281 UNIT 12/144 12/144 12/144 OLD OLD NORTHERN OLD NORTHERN NORTHERN RD RDRD

Suburb Growth

-8.6%9/7-99/7-9 130 CROSS 9/7-9 CROSS CROSS ST ST ST

12/144 12/144 12/144 OLD OLD NORTHERN OLD NORTHERN NORTHERN RD RDRD

$800,000

# Sold Properties

9/7-9 9/7-9 CROSS 9/7-9 CROSS CROSS ST ST ST

$780,000

$690,000

6/31-35 BRODIE ST 3 beds | 2 baths | 2 cars 8/92-100 8/92-100 8/92-100 BARINA BARINA BARINA DOWNS DOWNS DOWNS RD RDRD

12/144 OLD NORTHERN RD 4 beds | 2 baths | 2 cars 3/67-69 3/67-69 3/67-69 RAILWAY RAILWAY RAILWAY ST ST ST

9/7-9 CROSS ST 3 beds | 2 baths | 2 cars 3/10-12 3/10-12 3/10-12 GRAHAM GRAHAM GRAHAM CRES CRES CRES

8/92-100 8/92-100 8/92-100 BARINA BARINA BARINA DOWNS DOWNS DOWNS RD RDRD

3/67-69 3/67-69 3/67-69 RAILWAY RAILWAY RAILWAY ST ST ST

3/10-12 3/10-12 3/10-12 GRAHAM GRAHAM GRAHAM CRES CRES CRES

$885,000 8/92-100 BARINA DOWNS RD 3 beds

$835,000 3/67-69 RAILWAY ST 3 beds | 2 baths | 2 cars

Source: pricefinder.com.au | Properties included may/may not be soldPEARCE by PEARCE Ray ST White 6/34-36 6/34-36 6/34-36 OAKLAND OAKLAND OAKLAND AVE AVE AVE 1/22-24 1/22-24 1/22-24 PEARCE ST ST

$850,000 3/10-12 GRAHAM CRES 3 beds | 2 baths | 2 cars 4/110 4/110 OLD 4/110 OLD NORTHERN OLD NORTHERN NORTHERN RD RDRD

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Top 10 House Sales Address

Sold date

Land size

Price

1

5

BUCKINGHAM RD

1/3/2019

706m2

$1,600,000

2

66

WATKINS RD

23/2/2019

750m2

$1,260,000

3

5

SCOTT PL

19/2/2019

923m2

$1,230,000

4

8

ELLIOTT PL

16/2/2019

752m2

$1,224,000

5

8

KELLY CL

19/2/2019

858m2

$1,160,000

6

6

CRESTWOOD DR

19/2/2019

770m2

$1,120,500

7

6

CALLISTEMON CL

22/2/2019

750m2

$1,100,000

8

61

CROSS ST

23/2/2019

704m2

$1,073,000

9

12

BURRELL CRES

15/2/2019

708m2

$1,040,000

10

46

MERINDAH RD

12/2/2019

797m2

$1,010,500

Properties included may/may not be sold by Ray White


Top 10 Unit Sales Address

Sold date

Price

1

13/17

CONIE AVE

3/12/2018

$920,000

2

8/92

BARINA DOWNS RD

22/11/2018

$885,000

3

4/25

JENNER ST

31/1/2019

$870,000

4

3/10

GRAHAM CRES

17/11/2018

$850,000

5

3/67

RAILWAY ST

21/11/2018

$835,000

6

5/110

OLD NORTHERN RD

11/1/2019

$822,000

7

6/31

BRODIE ST

28/11/2018

$800,000

8

33/18

PEARCE ST

27/2/2019

$798,000

9

6/34

OAKLAND AVE

14/11/2018

$785,000

10

12/144

OLD NORTHERN RD

25/11/2018

$780,000

Properties included may/may not be sold by Ray White

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Autumn Gardening Tips Autumn is a good time to get into the garden. Your soil will still contain a fair bit of warmth from summer before the winter rain hits, so it’s a great time to get planting! And you’ll also enjoy doing some D.I.Y. without the summer heat. Mulch for your Garden Mulch is your garden’s best friend. It helps the soil hold in moisture so you don’t have to water it as often and it also keeps down weeds. Over time, mulch will break down into your soil and improve it by adding nutrients. Fertilise your Lawn Fertilising your lawn will ensure that it stays green and healthy throughout the year. Autumn is a great time to fertilise because it protects your lawn through the winter months. You should aim to fertilise twice a year for the best results. Prune Trees Pruning helps improve the health and overall appearance of your trees. Removing dead or dying branches promotes crop growth in fruit trees. Plant Bulbs Planting bulbs is a great way to add a splash of colour to your garden. You’d be surprised

how many different colours, sizes and types of bulbs that you can choose from. Autumn is the perfect time of year to plant them as they’ll have enough time to grow before they are ready to flourish in spring. Bulbs are really easy to grow although make sure that you choose a spot with plenty of sunlight. Build a Garden Bed A garden bed is the perfect place to grow vegies or act as a focal point in your backyard. For the best results, use a good quality top soil so your plants get enough of the good nutrients they need to start growing. Also make sure before you build your garden bed to consider the location because the levels of sun and shade will determine which type of plants will grow. Plant fruit trees Australia’s climate and conditions are ideal for growing fruit trees. All they need is full sun, good drainage, room to grow and they’ll be thriving in no time. A good tip is to avoid

overcrowding your trees with other plants or structures like fences as this will curb their growth. Make your own compost Compost is a natural fertiliser that is great for your garden. It can help you save money and it’s good for the environment. Autumn is a great time to start making compost because many trees are dropping their leaves, which you’ll need to use. Make sure you get the balance right between garden waste and kitchen scraps in the compost mix for the best results. Source: bunnings.com.au/diy-advice/garden/planting-andgrowing/seven-autumn-gardening-tips


Median House Prices $1,300,000

60 55 50

$1,250,000

45 40

$1,200,000

35 $1,150,000

30

20 15

$1,050,000

10 5 0 FEB

JAN 2019

DEC

NOV

OCT

SEP

AUG

JULY

JUN

MAY

APR

$1,000,000

NUMBER OF SALES

$1,100,000

MAR

MEDIAN SALE PRICE

25

MONTH

Number of sales

Median sale price

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Recent Activity Sales by Price - Past 12 months House

Unit

0-$200K

1

1

$200K-$300K

4

4

1%

Past 12 Months

$400K-$500K

2

4

1%

$500K-$600K

1

10

11

3%

395 Sales

$600K-$700K

3

17

20

$700K-$800K

4

31

35

$800K-$900K

20

31

51

$900K-$1M

48

12

60

$1M-$1.25M

127

2

129

$1.25M-$1.5M

53

1

54

$1.5M-$1.75M

10

10

$1.75M-$2M

2

2

$2M-$2.5M

2

2

>$3M

5

5

0%

5% 9% 13% 15%

$1M-$1.25M 33%

14% 3% 1% 1% 1%

129 Sales


Your Local Team

Philip Kelly 0407 000 991

Daniel Llamas 0421 908 736

Odette Roach 9680 2255

Kael Sharp 0435 821 736

Karl Anthony 0457 120 174

Margarete Kwarcinski 9680 2255

Sylvester Wijaya 02 9680 2255

Kieron Stedman 0433 124 734

Matthew Langdon 0431 037 478

Paul Conti 0414 981 005

Robbie Awad 0428 888 648

Hilda Bandiera 9680 2255

Yong Park 0402 486 424

Phil Haq 0452 054 290

Joel Simpson 0450 907 598

Peter Iann 0488 002 222

Jayden Potten 0402 604 828

Tony Yee 02 9680 2255

Warren Tam 0412 067 934

Joseph Meyer 0417 675 741

David Xiao 0433 009 018

Siobhan Robinson 9680 2255

Michael Karanicolas 0411 062 888

Brendan Jackson 0404 088 783

Hannah Dowling 9680 2255

Stella Zhang 0452 557 858

Kimberley Hatchett 9680 2255

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Ray White Castle Hill 287C Old Northern Road, Castle Hill NSW 2154 T 02 9680 2255 W raywhitecastlehill.com.au  Follow us on Facebook facebook.com/raywhitecastlehill

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