Market Report - Bella Vista & Bella Vista Waters | May 2017

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Bella Vista & Bella Vista Waters 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

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Based on 70 recorded House sales within the Current Median Price: Previous Median Price:$1,527,500 $1,385,000 12 recorded months (Apr '16 sales - Mar within '17) the Basedlast on 70 House Current Current Median Median Price: Price: $1,527,500 $1,527,500 Based Based on 70 recorded 70 recorded House sales sales within within thethe Based Based onon aon rolling a rolling 12 12 month 12House month period period and and may differ differ Based Based on 169 on recorded 169 recorded House House sales sales compared compared over over the$1,385,000 last thetwo last two Previous Median Price: last months (Apr '16may - Mar '17) Previous Previous Median Median Price: Price: $1,385,000 $1,385,000 rolling rolling 12 month 12 month periods periods lastlast 12 months 12 months (Apr (Apr '16 '16 -statistics Mar - Mar '17)'17) from from calendar calendar year year statistics Based on a rolling 12 month period and may differ calendar yearperiod statistics Based on afrom rolling 12 month and may differ Based Based on aon rolling a rolling 12 month 12 month period period and and maymay differdiffer from calendar year statistics fromfrom calendar calendar yearyear statistics statistics

Based on recorded House sales within the 12 (Apr '16 -sales Mar '17) Based on months recorded House within the 12 Based Based on recorded recorded House sales sales within within thediffer the 12 12 Based Based onon aon rolling a rolling 12months month 12House month period period and may may differ (Apr '16and - Mar '17) months months (Apr (Apr '16 -statistics Mar -statistics Mar '17)'17) from from calendar calendar year'16 year

Based on 169 recorded House sales compared over the last two rolling 12 month Based on 169 recorded House sales periods compared over the last two Based Based on 169 on recorded 169 recorded House House sales sales compared compared over over the last thetwo last two rolling 12 month periods rolling rolling 12 month 12 month periods periods

Recently sold properties

Based on a rolling 12 month period and may differ calendar yearperiod statistics Based on afrom rolling 12 month and may differ Based Based on aon rolling a rolling 12 month 12 month period period and and maymay differdiffer from calendar year statistics fromfrom calendar calendar yearyear statistics statistics

1 BRAEBURN 1 BRAEBURN CRES CRES

10 10 ORANGERY ORANGERY PL PL

12 12 CROWN CROWN TCE TCE

1 BRAEBURN CRES 1 BRAEBURN 1 BRAEBURN 1 BRAEBURN CRES CRESCRES

10 ORANGERY PL 10 ORANGERY 10 10 ORANGERY ORANGERY PL PL PL

12 CROWN TCE 12 CROWN 12 12 CROWN CROWN TCE TCE TCE

$2,800,000 1 BRAEBURN CRES 4 FLAGSTONE 4 FLAGSTONE GR| 6 garages 709 m² 5 bed | 4GR bath 4 FLAGSTONE GR 4 FLAGSTONE 4 FLAGSTONE 4 FLAGSTONE GRGR GR

$1,750,000 10 ORANGERY PL LOMBARD LOMBARD PL | 2 garages 708 m² 5 bed | PL 3 bath LOMBARD PL LOMBARD LOMBARD LOMBARD PL PL PL

$1,815,000 4 FLAGSTONE GR 5 bed | 3 bath | 3 garages 700 m² 63 63 BINGARA BINGARA CRES CRES

$1,200,000 LOMBARD PL 4 bed | 2 bath | 2 garages 13 13 STOCK STOCK FARM FARM AVE AVE

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

63 BINGARA CRES 63 BINGARA CRES

13 STOCK FARM AVE 13 STOCK FARM AVE

$1,800,000 12 CROWN TCE 21 ROWANBRAE ROWANBRAE CRES 730 m² 4 21 bed | 3 bath | 2 CRES garages 21 ROWANBRAE CRES 21 ROWANBRAE 21 21 ROWANBRAE ROWANBRAE CRES CRESCRES

$2,350,000 21 ROWANBRAE CRES 5 bed | 4 bath | 3 garages 638 m² 25 25 SPRINGFIELD SPRINGFIELD CRES CRES 25 SPRINGFIELD CRES 25 SPRINGFIELD CRES


Median Sale Price

$1.53m

Suburb Growth

+10.3%

63 BINGARA CRES 63 BINGARA 63 BINGARA CRES CRES

# Sold Properties

70

13 STOCK FARM AVE 13 FARM STOCKAVE FARM AVE 13 STOCK

$1,510,000 63 BINGARA CRES

4 bed | 2 bath | CRES 2 garages 703 m² 97 BINGARA 97 97 BINGARA BINGARA CRES CRES

25 SPRINGFIELD CRES 25 SPRINGFIELD 25 SPRINGFIELD CRES CRES

$1,520,000 13 STOCK FARM AVE 4 bed | 26bath | 2 garages 757 m² WAY MACARTHUR RIDGE 6 MACARTHUR 6 MACARTHUR RIDGE RIDGE WAY WAY

$1,600,000 25 SPRINGFIELD CRES 5 bed | 3 bath | 2 garages 700 m² RISE 3 SPRINGDALE 3 SPRINGDALE 3 SPRINGDALE RISE RISE

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) 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) Prepared on 11/05/2017 Ray White Hill,source +61 7only. 3231©2200 at Ray White Corporate Default. © Property Data Solutions Ltd 2017 (pricefinder.com.au) The materials provided areby distributed as anCastle information The State of New South Wales (Land and Property Information - LPI) May/2017.Pty Contains property sales information provided

The materials provided are distributed as information source only. © The State of New Issue SouthDate: Wales (Land and Property - LPI) May/2017. Contains property sales information licence from the of an Finance andanServices, Land Property may be Information combined with property attribute data and photographs from otherprovided heunder materials provided areDepartment distributed as information source only. ©and The State ofInformation New South(LPI) Wales (Land and01/05/17 Propertyand Information - LPI) May/2017. Contains property sales information provided under fromOwnership the Department of Finance and Services, Land and Property (LPI) 01/05/17Veda and may be combined property attribute data andabout photographs from other third party datalicence sources. information derived from sources.Information Please useDate: as a Issue guideDate: only. nor LPI make any with representations or warranties accuracy, nder licence from the Department of Finance and Services, LandNon-Government and Property Information (LPI) Issue 01/05/17 andNeither may be combined with property attribute data and photographs from other third party data sources. Ownership information derived from Non-Government sources. Please use asalla liability guide only. Neither Vedalimitation, nor LPI make any or warranties about or suitability of the data for any particular purpose and disclaims all responsibility and liability inrepresentations negligence) for all expenses, losses,accuracy, hirdreliability, party datacompleteness sources. Ownership information derived from Non-Government sources. Please use as a guide only. Neither(including Veda norwithout 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 whichand might be incurred as a result ofand theall data being inaccurate or incomplete any way and for any reason. Veda is authorised eliability, completeness or suitability of the data for any particular purpose disclaims all responsibility liability (including without limitation,inliability in negligence) for all expenses, losses, as a damages (including provider indirect or damage) and costs which might incurred asInformation. a result of the data being inaccurate or incomplete in any way and for any reason. Veda is authorised as a Property Sales Information of consequential thedamage) Department Finance Services, Landbe and amages (including indirect or consequential and of costs whichand might be incurred as a Property 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. roperty Sales Information provider of the Department of Finance and Services, Land and Property Information.

$1,595,000 97 BINGARA CRES 4 bed | 3 bath | 2 garages 876 m²

$1,595,000 6 MACARTHUR RIDGE WAY 4 bed | 2 bath | 4 garages 557 m²

$2,350,000 3 SPRINGDALE RISE 5 bed | 4 bath | 3 garages 734 m² 5

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

90 90 BINGARA BINGARA CRES CRES

90 BINGARA CRES

1 RAVENSWOOD 1 RAVENSWOOD RISE RISE

1 RAVENSWOOD RISE

4 STANHOPE 4 STANHOPE ROW ROW

4 STANHOPE ROW


Bella Vista | Top 10 house sales Address

Sold date

Land size (m2)

Price

1

4

STANHOPE ROW

07/02/2017

733m2

$1,820,000

2

4

FLAGSTONE GR

08/04/2017

700m2

$1,815,000

3

12

CROWN TCE

22/04/2017

730m2

$1,800,000

4

1

PITTMAN PL

06/12/2016

923m2

$1,800,000

5

3

WAINWRIGHT MEWS

12/12/2016

736m2

$1,790,000

6

10

ORANGERY PL

25/04/2017

708m2

$1,750,000

7

11

ARABELLA PL

04/12/2016

745m2

$1,650,000

8

25

SPRINGFIELD CRES

17/03/2017

700m2

$1,600,000

9

97

BINGARA CRES

04/03/2017

877m2

$1,595,000

10

13

STOCK FARM AVE

22/03/2017

757m2

$1,520,000

Properties included may/may not be sold by Ray White


Bella Vista Waters | Top 10 house sales Address

Sold date

Land size (m2)

Price

1

23

BRIGHTON DRIVE

12/05/2017

700m2

$2,810,000

2

1

BRAEBURN CRES

01/05/2017

709m2

$2,800,000

3

15

DE VILLIERS RISE

01/12/2016

956m2

$2,550,000

4

21

ROWANBRAE CRES

28/03/2017

638m2

$2,350,000

5

3

SPRINGDALE RISE

23/02/2017

734m2

$2,350,000

6

11

MIDDLEBROOK RISE

06/02/2017

743m2

$2,300,000

7

3

THE POINTE

30/01/2017

422m2

$1,850,000

8

16

THE POINTE

11/04/2016

422m²

$1,600,000

9

6

MACARTHUR RIDGE WAY

26/02/2017

557m2

$1,595,000

10

10

WATERSTONE CRES

24/01/2017

248m2

$1,320,000

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 12

$2,200,000

11 10

$2,000,000

9 $1,800,000

8 7

$1,600,000

6

$1,400,000

4 3

$1,200,000

2 1

$1,000,000 APR

MAR

FEB

JAN 2017

DEC

NOV

OCT

SEP

AUG

JUL

JUN

MAY

0

NUMBER OF SALES

MEDIAN SALE PRICE

5

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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