Castle Hill Market Report Winter 2017
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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
Recently sold properties
13 FARRIER 1313FARRIER FARRIER PL PL PL 13 FARRIER 13 FARRIER PL PL 13 FARRIER PL
12 RONDELAY 1212RONDELAY RONDELAY DR DR DR 12 RONDELAY 12 RONDELAY DR DR 12 RONDELAY DR
$1,420,000 13 FARRIER PL 585 bed | 3 bath | 1 garages 780 m² CRANE 8585CRANE CRANE RD RD RD 85 CRANE 85 CRANE RD RD 85 CRANE RD
$1,316,000
11 COOLONG ST 4 bed | 13 2 bath | 1 garages 765 m² POWYS 1313POWYS POWYS CCT CCT CCT 13 POWYS 13 POWYS CCT CCT 13 POWYS CCT
$1,890,000
$1,700,000
3 DE LA SALLE PL 5 bed | 3 bath | 3 garages 900 m²
Source: pricefinder.com.au | Properties included may or23 may not be sold byCRES Ray White 13PL DUFF PL 23 CHILTERN CRES 1313DUFF DUFF PL 23CHILTERN CHILTERN CRES 13 DUFF 13 DUFF PL PL 23 CHILTERN 23 CHILTERN CRESCRES 13 DUFF PL 23 CHILTERN CRES $1,860,000
$1,860,000 $1,860,000
$1,375,000
12 RONDELAY DR 4 bed | 1 bath | 2 garages 696 m² 3 DE LA SALLE 3 3DE DELA LA SALLE SALLE PL PL PL 3 DE LA 3 DE SALLE LA SALLE PL PL 3 DE LA SALLE PL
$1,588,000 85 CRANE RD 5 bed | 2 bath | 2 garages 832 m²
11 COOLONG 1111COOLONG COOLONG ST ST ST 11 COOLONG 11 COOLONG ST ST 11 COOLONG ST
13 POWYS CCT 5 bed | 3 bath | 2 garages 746 m² 19 CHELSEA 1919CHELSEA CHELSEA RD RD RD 19 CHELSEA 19 CHELSEA RD RD 19 CHELSEA RD $2,970,000
$2,970,000 $2,970,000
$1,411,000 $1,411,000 $1,411,000
last 12 months last 12(Apr months '16 - (Apr Mar '17) '16 - Mar '17) Based Based onBased on 137 on recorded 137 recorded UnitUnit sales sales Unit within within sales the within the the Based on 137 arecorded rolling 12 month period and may differ lastlast 12rolling months 12 last months 12 (Apr months (Apr '16 '16 -statistics (Apr Mar - Mar '17) '16 differ '17) - and Marmay '17)differ from calendar year Based on aBased on 12 amonth rollingperiod 12 month and may period from calendar from year calendar statistics year statistics
Based Based on aon Based rolling a rolling on 12 amonth 12 rolling month period 12 period month andGrowth and may period may differ and differ may differ Suburb # Sold fromfrom calendar calendar from year calendar year statistics statistics year statistics
HOUSE +4.7%
7/16-20 MERCER ST 7/16-20 MERCER 7/16-20 MERCER ST ST
386
7/16-20 7/16-20 MERCER 7/16-20 MERCER MERCER ST ST ST
Current Current Median Current Median Price: Median Price: $846,000 Price: $846,000 $846,000
Based on 293 recorded Unit sales compared over the last two Previous Previous Previous Median Median Median Price: $805,000 Price: $805,000 $805,000 rolling 12Price: month periods Based on 293Based recorded on 293 Unit recorded sales compared Unit sales over compared the last two over the last two rolling 12 month rolling periods 12 month periods
months (Apr months '16 - (Apr Mar '17) '16 - Mar '17) Based Based onBased on recorded on recorded Unit Unit sales sales Unit within within sales thewithin the 12 12the 12 Based on arecorded rolling 12 month period and may differ months months (Apr months (Apr '16 '16 -12 (Apr Mar -statistics Mar '17) '16period '17) - Mar '17) fromon calendar year Based on aBased rolling 12 amonth rollingperiod month and may differ and may differ from calendar from year calendar statistics year statistics
Based Based on aon Based rolling a rolling on 12 amonth 12 rolling month period 12 period month and and may period may differ and differ may differ Based Based on 293 onBased recorded 293 recorded on 293 Unit recorded sales Unit sales compared Unit compared sales over compared over the last thetwo last overtwo the last two # Sold Suburb Growth Properties Properties rolling rolling 12 month 12rolling month periods 12 periods month periods
UNIT +5.1%
137 4/57-63 CECIL AVE
fromfrom calendar calendar from year calendar year statistics statistics year statistics
9/23-25 SHOWGROUND RD 9/23-25 SHOWGROUND 9/23-25 SHOWGROUND RD RD
4/57-63 CECIL 4/57-63AVE CECIL AVE
9/23-25 9/23-25 SHOWGROUND 9/23-25 SHOWGROUND SHOWGROUND RDRD RD
4/57-63 4/57-63 CECIL 4/57-63 CECIL AVE CECIL AVE AVE
$1,600,000
$810,000
$980,000
MERCER ST 75B 7/16-20 CRANE RD 375B bedCRANE | 2 bathRD | 4 garages 75B CRANE RD
9/23-25 SHOWGROUND RD 4/4-6 CRANE RD bed | 2 bath 4/4-63CRANE 4/4-6 CRANE RD | 2 garages RD
4/57-63 CECIL AVE ST 36/22-26 MERCER 3 bed | 36/22-26 2MERCER bath | 2MERCER garages 36/22-26 ST ST
75B 75B CRANE CRANE 75B CRANE RDRD RD
4/4-6 4/4-6 CRANE 4/4-6 CRANE CRANE RDRD RD
36/22-26 36/22-26 36/22-26 MERCER MERCER MERCER ST ST ST
$855,000 75B CRANE RD 2 bed | 1 bath | 2RD garages 10/3-7 PARSONAGE
$1,175,000 4/4-6 CRANE RD 3 bed | 2 bath 75A CRANE RD| 2 garages
10/3-7 PARSONAGE 10/3-7pricefinder.com.au PARSONAGE RD RD 75A CRANE RD RD Source: | Properties included may or mayCRANE not75A be sold by Ray White 10/3-7 10/3-7 PARSONAGE 10/3-7 PARSONAGE PARSONAGE RDRD RD
$901,000 75A 75A CRANE CRANE 75A CRANE RDRD RD $901,000 $901,000
$835,000 36/22-26 MERCER ST 2 bed 2 bath | 2 ST garages 4/48|FRANCIS
4/48 FRANCIS 4/48 FRANCIS ST ST
$700,000 4/48 4/48 FRANCIS FRANCIS 4/48 FRANCIS ST ST ST $700,000 $700,000
5
$870,000 $870,000 $870,000
Top 10 house sales Address
Sold date
Land size (m2)
Price
1
14
BANKS RD
08/04/2017
2000m2
$4,800,000
2
23
CHILTERN CRES
12/04/2017
935m2
$2,970,000
3
51
BALINTORE DR
01/05/2017
764m2
$2,575,000
4
4
TALOFA PL
04/04/2017
729m2
$2,170,000
5
11
LYNWOOD PL
03/03/2017
1158m2
$2,100,000
6
17
BALINTORE DR
04/03/2017
1038m2
$2,060,000
7
12
CARRBRIDGE DR
02/05/2017
836m2
$1,960,000
8
3
CHURCHWOOD WAY
06/04/2017
845m2
$1,958,000
9
22
PARSONAGE RD
05/04/2017
999m2
$1,910,000
10
35
LOCKHART AVE
07/03/2017
930m2
$1,900,000
Properties included may/may not be sold by Ray White
Top 10 unit sales Address
Sold date
Price
1
48/16
MERCER ST
03/03/2017
$1,750,000
2
7/16
MERCER ST
02/05/2017
$1,600,000
3
4/33
GARTHOWEN CRES
17/03/2017
$1,220,000
4
4/4
CRANE RD
19/04/2017
$1,175,000
5
32/2
PURSER AVE
19/03/2017
$1,097,500
6
14/52
KERRS RD
20/03/2017
$1,010,600
7
4/57
CECIL AVE
27/04/2017
$980,000
8
4/49
CECIL AVE
10/03/2017
$955,000
9
7/33
CECIL AVE
04/03/2017
$955,000
10
11/193
OLD NORTHERN RD
14/03/2017
$932,500
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 $1,500,000
60 55 50
$1,450,000
45 40
$1,400,000
35 30
$1,350,000
20
$1,300,000
15 10
$1,250,000
5 0 MAR
FEB
JAN 2017
DEC
NOV
OCT
SEP
AUG
JUL
JUN
MAY
APR
$1,200,000
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