Market Report - Baulkham Hills | June 2017

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Baulkham Hills Market Report Winter 2017

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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

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Jun

Jun

2017Jun 2017 15 Days 15 Days Jun2017 Jun Jun 15 Days 2017 2017 2017

Jun

Recently sold properties

15 Days 15 Days

15 Days

715 m²

715 m²

715 m² 715 m²

7154m²

4 7154m² 4

24

2 2 42

2 2 2 2 22

2 GOODIN 2 GOODIN RD RD 2 GOODIN RD 2 GOODIN 2 GOODIN 2 GOODIN RDRD RD

2 2

2 GEORGE 2 GEORGE PDE PDE 2 GEORGE PDE 2 GEORGE 2 GEORGE 2 GEORGE PDE PDE PDE

$1,200,000 2 GOODIN RD 3 bed | 2 bath | 2 garages 685 m² 5 KERWICK 5 KERWICK CRT CRT 5 KERWICK CRT 5 KERWICK 5 KERWICK 5 KERWICK CRT CRT CRT

$1,090,000 2 GEORGE PDE 3 bed | 1 bath | 1 garages 617 m² 9 EUCALYPTUS 9 EUCALYPTUS CRT CRT 9 EUCALYPTUS CRT 9 EUCALYPTUS 9 EUCALYPTUS 9 EUCALYPTUS CRT CRT CRT

$1,353,000 5 KERWICK CRT 5 bed | 3 bath | 4 garages 870 m²

$1,460,000 9 EUCALYPTUS CRT 5 bed | 3 bath | 2 garages 770 m²

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

Jun

2017Jun 2017 23 Days 23 Days Jun2017 Jun Jun 23 Days 2017 2017 2017 23 Days 23 Days

23 Days

750 m² 750 m² 750 m² 750 m²

7504m²

4 7504m² 4

34

3 3 43

43 MACKILLOP 43 MACKILLOP DR DR 43 MACKILLOP DR 43 43 MACKILLOP MACKILLOP 43 MACKILLOP DRDR DR

$1,256,000 43 MACKILLOP DR 3 bed | 2 bath | 2 garages 797 m² 1 GOODEN 1 GOODEN DR DR 1 GOODEN DR 1 GOODEN 1 GOODEN 1 GOODEN DRDR DR

$1,522,000 1 GOODEN DR 5 bed | 3 bath | 6 garages 696 m²

3 3 3 3 33

3 3


Previous Median Price: $777,000 lastBased 12last months 12 months '16 (Apr - (Apr Mar '16'17) - and Mar '17)'17) last 12(Apr months '16 - Mar on a rolling 12 month period may differ Based on 529 recorded Unit sales compared over the last two Current Price: $745,000 rollingMedian 12 month periods from calendar year statistics Based on 255 recorded Unit sales within the Based on 529 recorded Based on a rolling 12 month period and may differ Unit sales compared over the last two Previous Median Price: $777,000 last 12 months (Apr '16 Mar '17) rolling 12 month periods from calendar year statistics Based on Based aBased rolling on aon 12 rolling 12period month and period may and differ maymay differ amonth rolling 12 month period and differ Based onBased 529Based recorded on 529 Unit recorded salesUnit compared salessales compared over the last overtwo the last on recorded 529 Unit compared over the two last two rolling 12 rolling month 12 periods month periods rolling 12 month periods from calendar fromfrom calendar year statistics year statistics calendar year statistics

months '16 (Apr - (Apr Mar '16period '17) - Mar '17)may months '16 - Mar '17) differ Based onmonths a(Apr rolling 12 month and fromrecorded calendar year Based on Unitstatistics sales within the 12 Based on a rolling 12 month period and may differ months (Apr '16may - Mar '17)may calendar year statistics Based on Based afrom rolling on aon 12 rolling 12period month and period and differ may differ Based amonth rolling 12 month period and differ from calendar fromfrom calendar year statistics yearyear statistics calendar statistics

Suburb Suburb Growth Sold PropertiesBased on 529 recorded Unit sales Based on a rolling 12 month period and may#differ Based on a rolling 12 month period and may differ comparedGrowth over the last two# Sold Properties 8/59 -61 JENNER 9/4B CORONATION 12/19-21 KENNETH AVEyear statistics rolling RD 12 month periods from ST calendar year statistics from calendar -4.1% 255 +6.4% 350 /59 -61 JENNER ST 9/4B CORONATION RD 12/19-21 KENNETH AVE /59 -61 8/59 JENNER -61-61 JENNER ST STST 9/4B CORONATION 9/4B CORONATION RD RDRD 12/19-21 12/19-21 KENNETH KENNETH AVE AVE 8/59 JENNER 9/4B CORONATION 12/19-21 KENNETH AVE

UNIT

HOUSE

8/59 -61 JENNER ST

9/4B CORONATION RD

$980,000

-61 JENNER 10/328/59 -38 JENNER ST ST 3 bed | 2 bath 0/32 -38 JENNER ST | 2 garages 0/32 10/32 -3810/32 JENNER -38-38 JENNER ST STST JENNER 10/32 -38 JENNER ST

12/19-21 KENNETH AVE

$900,000

$900,000

9/4B CORONATION RD 5/29 -33 RAILWAY ST 3 bed | 2 bath |ST 2 garages 5/29 -33 RAILWAY 5/29 -33 5/29 RAILWAY -33-33 RAILWAY ST STST 5/29 RAILWAY

12/19-21 AVEST 5/71 KENNETH -73 RAILWAY 2 bed-73 | 1 RAILWAY bath | 2 garages 5/71 ST 5/71 -73 5/71 RAILWAY -73-73 RAILWAY ST STST 5/71 RAILWAY

5/29 -33 RAILWAY ST

5/71 -73 RAILWAY ST

$616,525

10/32 -38 JENNER ST 5/29 -33 RAILWAY ST 2 bed | 1 bath | 1 garages 3 bed | 2 bath | 2 garages 3/6 -10 JAMES ST 34/17 CONIE AVE Source: pricefinder.com.au | Properties included may or may not be sold by Ray White /6 -10 JAMES ST 34/17 CONIE AVE $900,00034/17 34/17 /6 -10 3/6 JAMES -10-10 JAMES ST STST CONIE CONIE AVE AVE 3/6 JAMES 34/17 CONIE AVE

$950,000

$1,000,000

5/71 -73 RAILWAY ST 3 bed | 2 bath | 2 garages 3/25 -27 RAILWAY ST 3/25 -27 RAILWAY ST $971,0003/25 -27 3/25 RAILWAY -27-27 RAILWAY ST STST 3/25 RAILWAY

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$938,000


Top 10 house sales Address

Sold date

Land size (m2)

Price

1

3

KENNETH AVE

01/04/2017

1,758m2

$1,730,000

2

94

KALIMNA DR

12/04/2017

697m2

$1,710,000

3

18

PENINSULA WAY

25/03/2017

304m2

$1,650,000

4

39

YATTENDEN CRES

15/03/2017

841m2

$1,600,000

5

41

YATTENDEN CRES

02/03/2017

841m2

$1,600,000

6

39

SALAMANDER GR

27/04/2017

778m2

$1,560,000

7

18

TEMPLETON CRES

18/03/2017

754m2

$1,558,000

8

1

GOODEN DR

25/05/2017

696m2

$1,522,000

9

4

RADIATA AVE

03/06/2017

750m2

$1,518,000

10

3

AMPHITHEATRE CCT

06/03/2017

992m2

$1,501,000

Properties included may/may not be sold by Ray White


Top 10 unit sales Address

Sold date

Price

1

59/38

SOLENT CCT

11/03/2017

$1,295,000

2

72/38

SOLENT CCT

10/04/2017

$1,170,000

3

43/3

SPURWAY DR

31/03/2017

$1,050,000

4

13/2

OLD NORTHERN RD

25/03/2017

$1,010,000

5

4/52

DOBSON CRES

10/04/2017

$1,001,000

6

5/71

RAILWAY ST

30/05/2017

$1,000,000

7

1/2

THE COTTELL WAY

05/04/2017

$1,000,000

8

7/8

THE COTTELL WAY

22/05/2017

$960,000

9

3/2

CHRISTOPHER ST

08/05/2017

$960,000

10

4/18

PEARCE ST

27/03/2017

$960,000

Properties included may/may not be sold by Ray White

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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 $1,500,000

60 55 50

$1,250,000

45 40

$2,000,000

35 $1,750,000

30

$1,500,000

20 15

$1,250,000

10 5 0 MAY

APR

MAR

FEB

JAN 2017

DEC

NOV

OCT

SEP

AUG

JUL

JUN

$1,000,000

NUMBER OF SALES

MEDIAN SALE PRICE

25

SALE MONTH

Number of sales

Median sale price

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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

Robbie Awad 0428 888 648

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

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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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