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
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the 12 months (Apr '16 - Mar '17) Based the on 410 recorded House sales within last 12last months (Apr '16 - Mar '17) the last 12410 months (Apr '16 -sales Mar '17) Based Based on 410 on recorded recorded House House sales within within the the lastlast 12a months 12on months (Apr (Apr '16 - Mar - Mar '17) '17) recorded House sales Based on a410 rolling 12'16 month period and maywithin differ BasedBased on rolling 12 month period and may differ the last 12 months (Apr '16 - Mar '17) from calendar year statistics from year statistics Based on a rolling 12calendar month period and may differ
Previous Median Price: $1,385,000 months (Apr '16 - Mar '17) Based on recorded House sales within the 12 months (Apr '16 - Mar '17) Previous Median Price: $1,385,000 Current Current Median Median Price: Price: $1,453,000 $1,453,000 (Apr '16 -sales Mar '17) Based Based on months recorded on recorded House House sales within within the the 12 12 Current Median Price: $1,453,000 Previous Previous Median Median Price: Price: $1,385,000 $1,385,000 months months (Apr (Apr '16 '16 -12 Mar - Mar '17)and '17) Based on recorded House sales within the 12 Based on a12 rolling month period and may differ on 835 recorded House sales compared overtwo the last two Based on a rolling month period may differ Based onBased 835 recorded House sales compared over the last Previous Median Price: $1,385,000 12 month periods months (Apr '16 -statistics Mar '17) rolling sales 12rolling month periods from calendar year from12calendar year statistics Based on a rolling month period and may differ Based on 835 recorded House compared over the last two
Recently sold properties
from calendar year statistics Based Based on aon rolling a rolling 12 month 12 month period period and and maymay differdiffer from from calendar yearyear statistics statistics Based oncalendar a rolling 12 month period and may differ from calendar year statistics
14 TIMOTHY 14 TIMOTHY AVE AVE 14 TIMOTHY AVE 14 14 TIMOTHY TIMOTHY AVE AVE 14 TIMOTHY AVE
rolling 12 month periods Based Based on 835 onrecorded 835 recorded House House salessales compared compared over over the last thetwo last two rollingrolling 12 month 12 month periods periods Based on 835 recorded House sales compared over the last two rolling 12 month periods
6 TREVOR 6 TREVOR PL PL 6 TREVOR PL 6 TREVOR 6 TREVOR PL PL 6 TREVOR PL
$1,200,000 14 TIMOTHY AVE 3162 bedTUCKWELL | 1 bath | 2 garages 702 m² RD 162 TUCKWELL RD 162 TUCKWELL RD 162162 TUCKWELL TUCKWELL RDRD 162 TUCKWELL RD
6 NOTTINGHAM 6 NOTTINGHAM AVE AVE 6 NOTTINGHAM AVE 6 NOTTINGHAM 6 NOTTINGHAM AVE AVE 6 NOTTINGHAM AVE
$1,530,000 6 TREVOR PL bed | 2 bathCRT | 2 garages 770 m² 6 LANCELOT CRT 6 4LANCELOT 6 LANCELOT CRT 6 LANCELOT 6 LANCELOT CRT CRT 6 LANCELOT CRT
$1,410,000 162 TUCKWELL RD 4 bed | 3 bath | 2 garages 932 m²
from calendar year statistics Based Based on aon rolling a rolling 12 month 12 month period period and and maymay differdiffer from from calendar yearyear statistics statistics Based oncalendar a rolling 12 month period and may differ from calendar year statistics
$1,635,880 6 NOTTINGHAM AVE 4 bed | 42 2 bath | 4 garages 923 m² WHITE CEDAR 42 WHITE CEDAR DR DR 42 WHITE CEDAR DR 42 42 WHITE WHITE CEDAR CEDAR DRDR 42 WHITE CEDAR DR
$1,340,000 6 LANCELOT CRT 3 bed | 2 bath | 2 garages 822 m²
20 DARCEY 71 GINDURRA AVE 20 DARCEY RD RD 71 not GINDURRA AVE Source: pricefinder.com.au | Properties included may or may be sold by Ray White 20 DARCEY RD 71 GINDURRA AVE $2,475,008 20 20 DARCEY DARCEY RDRD 71 71 GINDURRA GINDURRA AVE AVE $2,475,008
$2,250,000 42 WHITE CEDAR DR 5 bed | 3 bath | 3 garages 942 m²
6 CELESTE 6 CELESTE AVE AVE 6 CELESTE AVE $1,865,000 6 CELESTE 6 CELESTE AVE AVE $1,865,000
$1,430,000 $1,430,000
Jun
May
Jun
2017 2017 11 Days
Jun
2017 Jun 11 Days 2017 2017 2017 11 Days Jun Jun
11 Days 11 Days
11 Days
1.26 ha 1.26 ha
2
2
2
2
2
2
2 2 2 Suburb 1.26 ha 1.26 ha 1.26 2 ha 2Growth 2 2 2 2 #22Sold Properties 2 1.26 ha
HOUSE +4.9%
31B31B GINDURRA AVE GINDURRA AVE 31B GINDURRA AVE 31B31B GINDURRA GINDURRA 31B GINDURRA AVE AVE AVE
8/35-37 PARSONAGE RD 8/35-37 8/35-37 PARSONAGE 8/35-37 PARSONAGE PARSONAGE RDRD RD
$1,070,000
241 m²
151
2
8/35-37 PARSONAGE RD 43/1-11 ROSA CRES 43/1-11 ROSA CRES 3 bed | 2 bath | 2 garages 43/1-11 ROSA CRES 43/1-11 43/1-11 ROSA 43/1-11 ROSA CRES ROSA CRESCRES
241 2 m² 2
Source: pricefinder.com.au | Properties included may or may not be sold by Ray White
2
2
2 2 22
2
2 2 2 22
23/12-18 SHERWIN AVE 23/12-18 SHERWIN AVE 23/12-18 SHERWIN AVE 23/12-18 23/12-18 23/12-18 SHERWIN SHERWIN SHERWIN AVE AVE AVE
$800,000 23/12-18 SHERWIN AVE 7/16-20 MERCER ST ST 7/16-20 MERCER 2 bed | 2 bath | 2 garages 7/16-20 MERCER ST 7/16-20 7/16-20 MERCER 7/16-20 MERCER MERCER ST ST ST
$435,000 43/1-11 ROSA CRES 2 bed | 2 bath | 2 garages
2
241 m²
$1,122,000
$1,180,000 7/52 PARSONAGE RD 3 bed | 2 bath | 2 garages
Suburb Growth
May
241 m² 2017 May 19 Days 2017 2017 2017 Days 19 Days 19 Days # 19Sold Properties 241 m² 241 m² 19 Days May May
UNIT 4108/35-37 PARSONAGE RDRD +5.6% 8/35-37 PARSONAGE
31B GINDURRA 7/52 PARSONAGE RDRDAVE 7/52 PARSONAGE 3 bed | 2 bath | 2 garages 7/52 PARSONAGE RD 7/52 7/52 PARSONAGE PARSONAGE 7/52 PARSONAGE RDRD RD
May
2017 2017 19 Days
$1,600,000 7/16-20 MERCER ST 3 bed | 2 bath | 4 garages 5
repared on 07/06/2017 by Ray White Castle Hill,Hill, +61+61 7 3231 2200 at Ray White Corporate Default. © Property Data Solutions Pty Pty Ltd Ltd 2017 (pricefinder.com.au) Prepared on 07/06/2017 by Ray White Castle 7 3231 2200 at Ray White Corporate Default. © Property Data Solutions 2017 (pricefinder.com.au)
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Top 10 house sales Address
Sold date
Land size (m2)
Price
1
14
BANKS RD
08/04/2017
2,000m2
$4,800,000
2
23
CHILTERN CRES
12/04/2017
935m2
$2,970,000
3
22
BRAE PL
20/05/2017
739m2
$2,600,000
4
51
BALINTORE DR
01/05/2017
764m2
$2,575,000
5
20
DARCEY RD
02/06/2017
702m2
$2,475,008
6
11
CADMAN CRES
06/03/2017
934m2
$2,450,000
7
6
YINNELL PL
22/05/2017
702m2
$2,400,000
8
27
LYGON PL
26/05/2017
737m2
$2,398,888
9
25
WILLS AVE
22/05/2017
1,514m2
$2,320,000
10
42
WHITE CEDAR DR
02/06/2017
942m2
$2,250,000
Properties included may/may not be sold by Ray White
Top 10 unit sales Address
Sold date
Price
1
7/16
MERCER ST
02/05/2017
$1,600,000
2
4/33
GARTHOWEN CRES
12/03/2017
$1,220,000
3
6/26
KERRS RD
10/03/2017
$1,200,000
4
7/52
PARSONAGE RD
10/05/2017
$1,180,000
5
4/4
CRANE RD
30/03/2017
$1,175,000
6
8/35
PARSONAGE RD
13/05/2017
$1,122,000
7
32/2
PURSER AVE
07/03/2017
$1,097,500
8
14/52
KERRS RD
08/03/2017
$1,010,600
9
4/57
CECIL AVE
27/04/2017
$980,000
10
7/33
CECIL AVE
04/03/2017
$955,000
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
$1,450,000
45 40
$1,400,000
35 30
$1,350,000
20
$1,300,000
15 10
$1,250,000
5 0 MAY
APR
MAR
FEB
JAN 2017
DEC
NOV
OCT
SEP
AUG
JUL
JUN
$1,200,000
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