Market Report - Bella Vista & Bella Vista Waters | July 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

3


Previous Median Price: $1,385,000 lastBased 12on months '16 - Mar '17)sales Based 77 onrecorded 77(Apr recorded House House sales within within the the Current Median Current Price: Median $1,565,000 Price: $1,565,000 Previous Previous Median Median Price: Price: $1,385,000 $1,385,000 last 12 12 recorded months (Apr (Apr '16 -within '16 Mar - Mar '17) '17) the Based onBased 77last recorded onmonths 77 House sales House sales thewithin Previous Previous Median Price: Median $1,385,000 Price: $1,385,000 last 12 months last 12(Apr months '16 - (Apr Mar '17) '16 - Mar '17) Based on a rolling 12 month period and may differ Based on 176 recorded House sales compared over the last two from year statistics Based oncalendar a on rolling 12 month period and may differdiffer Based a rolling 12 month period and may calendar statistics calendar year statistics Based on a Based rollingfrom 12 on month afrom rolling period 12year month and may period differ and may differ from calendar from year calendar statistics year statistics

rolling 12 month periods BasedBased on 176 176 recorded House sales sales compared over the the last two Based on onrecorded 176 recorded House House sales compared compared over over last thetwo last two rollingrolling 12 month month periods 12 12 month periods periods Based on 176 Based recorded on House 176 rolling recorded sales compared House sales over compared the last two over the last two rolling 12 month rolling periods 12 month periods

Recently sold properties

7 RICHARDSON PL 7 RICHARDSON 7 RICHARDSON PL PL 7 RICHARDSON 7 RICHARDSON PL PL

2 WOODBRIDGE PL 2 WOODBRIDGE 2 WOODBRIDGE PL PL 2 WOODBRIDGE 2 WOODBRIDGE PL PL

$1,736,000 7 RICHARDSON PL 5 bed | 3PL bath | 2 garages 824 m² 10 ORANGERY 10 ORANGERY 10 ORANGERY PL PL 10 ORANGERY 10 ORANGERY PL PL

$1,550,000 2 WOODBRIDGE PL 1 bed | 1TCE bath | 1 garages 755 m² 12 CROWN 12 CROWN 12 CROWN TCETCE 12 CROWN 12 CROWN TCE TCE

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

months '16House - Mar '17) Based Based on recorded on(Apr recorded House sales sales within within the 12 the 12 months (Apr (Apr '16 -'16 Mar -sales Mar '17) Based onBased recorded on months recorded House sales House within the'17) within 12 the 12 months (Apr months '16 - (Apr Mar '17) '16 - Mar '17) Based on a rolling 12 month period and may differ

$1,800,000 12 CROWN TCE 5 bed | 3 bath | 2 garages 730 m²

9 BRIGHTON DR ARABELLA PLRay White Source: pricefinder.com.au | Properties included may 13 or may not be sold by 9 BRIGHTON 9 BRIGHTON DR DR 13 ARABELLA 13 ARABELLA PL PL 9 BRIGHTON 9 BRIGHTON DR DR 13 ARABELLA 13 ARABELLA PL PL $2,050,000

$1,610,000

from year statistics Based oncalendar a on rolling 12 month period and may differdiffer Based a rolling 12 month period and may calendar statistics calendar year statistics Based on a Based rollingfrom 12 on month afrom rolling period 12year month and may period differ and may differ from calendar from year calendar statistics year statistics

1 BRAEBURN CRES 1 BRAEBURN 1 BRAEBURN CRES CRES 1 BRAEBURN 1 BRAEBURN CRES CRES

$2,800,000 1 BRAEBURN CRES bed | 4 bath |GR 6 garages 709 m² 45FLAGSTONE 4 FLAGSTONE 4 FLAGSTONE GR GR 4 FLAGSTONE 4 FLAGSTONE GR GR

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


Median Sale Price

$1.56m

Suburb Growth

+13.0%

21 ROWANBRAE 21 ROWANBRAE CRESCRES 21 ROWANBRAE CRES 21 21 ROWANBRAE ROWANBRAE 21 ROWANBRAE CRES CRESCRES

# Sold Properties

77

23 BRIGHTON 23 BRIGHTON DR DR

63 BINGARA 63 BINGARA CRESCRES

23 BRIGHTON DR 23 23 BRIGHTON BRIGHTON 23 BRIGHTON DRDR DR

63 BINGARA CRES 63 63 BINGARA BINGARA 63 BINGARA CRES CRESCRES

$2,350,000 21 ROWANBRAE CRES 513 bed |FARM 4 bath | 3 garages 638 m² 13 STOCK STOCK FARM AVE AVE 13 STOCK FARM AVE 13 13 STOCK STOCK 13 FARM STOCK FARM AVE FARM AVE AVE

$2,810,000 23 BRIGHTON DR bed 5 bathAVE | 3 garages 700 m² 706 PRESTIGE 70| PRESTIGE AVE 70 PRESTIGE AVE 70 70 PRESTIGE PRESTIGE 70 PRESTIGE AVE AVE AVE

$1,520,000 13 STOCK FARM AVE 4 bed | 2 bath | 2 garages 757 m²

63 BINGARA CRES 4 97 bedBINGARA | 97 2 bath |2 garages BINGARA CRES CRES703 m² 97 BINGARA CRES 97 97 BINGARA BINGARA 97 BINGARA CRES CRESCRES

$1,330,000 70 PRESTIGE AVE 4 bed | 3 bath | 2 garages 702 m²

25 SPRINGFIELD 25 SPRINGFIELD CRESCRES 6 MACARTHUR WAY WAY Source: pricefinder.com.au | Properties included may or may not6beMACARTHUR sold by RayRIDGE WhiteRIDGE 25 SPRINGFIELD CRES 25 25 SPRINGFIELD SPRINGFIELD 25 SPRINGFIELD CRES CRESCRES

$1,510,000

6 MACARTHUR RIDGE WAY

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

6 MACARTHUR 6 MACARTHUR 6 MACARTHUR RIDGE RIDGE WAY RIDGE WAY WAY $1,595,000 3 SPRINGDALE 3 SPRINGDALE 3 SPRINGDALE RISE RISE RISE $1,600,000 $1,600,000 $1,595,000

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$2,350,000 $2,350,000


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

7

RICHARDSON PL

05/06/2017

824m2

$1,736,000

8

57

PRESTIGE AVE

06/11/2016

764m2

$1,702,000

9

11

ARABELLA PL

04/12/2016

745m2

$1,650,000

10

13

ARABELLA PL

03/04/2017

736m2

$1,610,000

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

10

WOODBRIDGE PL

05/12/2016

810m2

$2,825,000

2

23

BRIGHTON DR

27/03/2017

700m2

$2,810,000

3

1

BRAEBURN CRES

01/05/2017

709m2

$2,800,000

4

59

NORTHRIDGE AVE

17/11/2016

818m2

$2,580,000

5

15

DE VILLIERS RISE

01/12/2016

956m2

$2,550,000

6

21

ROWANBRAE CRES

29/03/2017

638m2

$2,350,000

7

3

SPRINGDALE RISE

23/02/2017

734m2

$2,350,000

8

11

MIDDLEBROOK RISE

06/02/2017

743m2

$2,300,000

9

1

RAVENSWOOD RISE

14/02/2017

716m2

$2,220,000

10

9

BRIGHTON DR

08/04/2017

700m2

$2,050,000

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 MAY

APR

MAR

FEB

JAN 2017

DEC

NOV

OCT

SEP

AUG

JUL

JUN

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

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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