Market Report - Glenhaven | July 2017

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Glenhaven 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 Median Price: Price: $1,500,000 $1,500,000 last Based 12last months 12 (Apr '16 (Apr - Mar '16 '17) - Marsales '17) within the Previous onmonths 82 recorded House Current Current Median Current Median Price: Median Price: $1,500,000 Price: $1,500,000 $1,500,000 Previous Median Price: $1,500,000 last 12House months (Apr '16 sales - within Mar '17) BasedBased on 82 Based on recorded 82 onrecorded 82 recorded House sales House within sales the within the the Previous Previous Median Previous Median Price: Median Price: $1,500,000 Price: $1,500,000 $1,500,000 last 12 last months 12 last months 12 (Apr months '16 (Apr - Mar (Apr '16may '17) - '16 Mar -may '17) Mardiffer '17) Based on Based a rolling on a12 rolling month 12 period month and period and differ Based onBased 166 recorded on 166 recorded House sales House compared sales compared over the last overtwo the last two

months (Apr '16 (Apr - Mar '16 '17) - Marsales '17) within the 12 Basedmonths on recorded House months (Apr '16 -sales Mar BasedBased on recorded Based on recorded onHouse recorded House sales House within sales within the'17) within 12the 12 the 12 months months (Apr months '16 (Apr - Mar (Apr '16period '17) - '16 Mar -and '17) Mar '17) Based on Based a rolling on a12 rolling month 12 period month and may differ may differ

rolling 12rolling month12 periods month periods from calendar from year statistics year statistics from calendar from year statistics year statistics Based on acalendar rolling 12 month period and may differ Based on acalendar rolling 12 month period and may differ Based on 166 recorded House sales compared over the last two rolling 12 month calendar year statistics calendar year statistics Based on Based a rolling Based on a12 rolling onmonth afrom rolling 12 period month 12 month and period may period and differ may anddiffer may differ Based onBased Based a rolling Based on a12 rolling onmonth afrom rolling 12 period month 12 month and period may period and differ may anddiffer may differ 166 recorded Based on 166on recorded House 166 recorded sales House compared House sales compared sales over periods compared the last overtwo the over lastthe twolast two Based on rolling 12rolling monthrolling 12 periods month 12 month periodsperiods from calendar from calendar from yearcalendar statistics year statistics year statistics from calendar from calendar from yearcalendar statistics year statistics year statistics

Recently sold houses

3 BLAXLAND 3 BLAXLAND PL PL 3 BLAXLAND PL 3 BLAXLAND 3 BLAXLAND 3 BLAXLAND PL PL PL

53 GLENHAVEN 53 GLENHAVEN RD RD 53 GLENHAVEN RD 53 GLENHAVEN 53 GLENHAVEN 53 GLENHAVEN RD RD RD

$2,110,000 3 BLAXLAND PL 4 bed | 3PL bathPL | 2 garages 4,007 m² 23 WOODBURN 23 WOODBURN 23 WOODBURN PL 23 WOODBURN 23 WOODBURN 23 WOODBURN PL PL PL

$1,215,000 53 GLENHAVEN RD 3 bed | 2DR bathDR | 2 garages 901 m² 43 CARINDA 43 CARINDA 43 CARINDA DR 43 CARINDA 43 CARINDA 43 CARINDA DR DR DR

$1,365,000 23 WOODBURN PL 4 bed | 2 bath | 2 garages 976 m²

90 GRANGE 90 GRANGE RD RD 90 GRANGE RD 90 GRANGE 90 GRANGE 90 GRANGE RD RD RD

$1,585,000 90 GRANGE RD bed 3 bath garages 875 m² 325FULLERS 32 |FULLERS RD| 3 RD 32 FULLERS RD 32 FULLERS 32 FULLERS 32 FULLERS RD RD RD

$1,506,100 43 CARINDA DR 4 bed | 2 bath | 3 garages 902 m²

34 OLD 34 GLENHAVEN OLD RD RD 60notGRANGE RDby Ray RDWhite Source:GLENHAVEN pricefinder.com.au | Properties included may60 or GRANGE may be sold 34 OLD GLENHAVEN RD 60 GRANGE RD 34 OLD 34 GLENHAVEN OLD 34 OLD GLENHAVEN GLENHAVEN RD RD RD$1,385,000 60 GRANGE 60 GRANGE 60 GRANGE RD RD RD $1,385,000

$1,621,000 32 FULLERS RD 4 bed | 2 bath | 2 garages 951 m²

6 WOODBURN 6 WOODBURN PL PL 6 WOODBURN PL 6 WOODBURN 6 WOODBURN 6 WOODBURN PL PL PL $1,675,000 $1,675,000

$1,572,000 $1,572,000


Median Sale Price

$1.5m

# Sold Properties

82

7 LUSS 7 LUSS CRT CRT 7 LUSS 7 LUSS CRT CRT 7 CRT 7 LUSS LUSS CRT

60A GLENHAVEN 60A GLENHAVEN RD RD 60A GLENHAVEN 60A GLENHAVEN 60A GLENHAVEN RD 60A GLENHAVEN RDRD RD

$1,920,000 7 LUSS CRT 4 bed | 3 bath | 2 garages 989 m² 4 FINGAL 4 FINGAL AVE AVE 4 FINGAL 4 FINGAL AVE AVE 4 FINGAL AVE 4 FINGAL AVE

9 FINLEY 9 FINLEY PL PL 9 FINLEY 9 FINLEY 9 PL 9 FINLEY FINLEY PL PL PL

$1,190,000 60A GLENHAVEN RD 3 bed | 2 bath | 1 garages 442 m² 57 FINGAL 57 FINGAL AVE AVE 57 FINGAL 57 FINGAL AVE AVE 57 FINGAL AVE 57 FINGAL AVE

$1,916,000 4 FINGAL AVE 5 bed | 3 bath | 3 garages 1,054 m²

9 FINLEY PL 3 bed | 2 bath | 2 garages 905 m² 61 CARINDA 61 CARINDA DR DR 61 CARINDA 61 CARINDA 61 CARINDA DR 61 CARINDA DRDR DR

$2,125,000 57 FINGAL AVE 5 bed | 4 bath | 3 garages 4,009 m²

Source: pricefinder.com.au | Properties included may or may not be sold by Ray White 66 FINGAL 66 FINGAL AVE AVE 66 FINGAL 66 FINGAL AVE AVE 66 FINGAL AVE 66 FINGAL AVE

$1,606,100 $1,606,100

$1,500,000

$2,061,000 61 CARINDA DR 5 bed | 4 bath | 3 garages 1,304 m² 56 GRANGE 56 GRANGE RD RD GRANGE 56 GRANGE 56 GRANGE RD 56 56 GRANGE RDRD RD

5

$1,840,000 $1,840,000


Top 20 house sales Address

Sold date

Land size (m2)

Price

1

13

GLENHAVEN RD

28/02/2017

20,080m2

$5,450,000

2

4

WOONGARRA WAY

16/01/2017

1,604m2

$3,300,000

3

57

FINGAL AVE

10/03/2017

4,009m2

$2,125,000

4

3

BLAXLAND PL

03/06/2017

4,007m2

$2,110,000

5

61

CARINDA DR

04/03/2017

1,304m2

$2,061,000

6

7

LUSS CRT

07/04/2017

989m2

$1,920,000

7

4

FINGAL AVE

11/03/2017

1,054m2

$1,916,000

8

56

GRANGE RD

25/02/2017

2,000m2

$1,840,000

9

7

FARMRIDGE WAY

21/02/2017

1,856m2

$1,771,000

10

15

BADENOCH AVE

05/02/2017

922m2

$1,705,000

Properties included may/may not be sold by Ray White


Address

Sold date

Land size (m2)

Price

11

60

GRANGE RD

03/05/2017

1,003m2

$1,675,000

12

32

FULLERS RD

20/05/2017

951m2

$1,621,000

13

66

FINGAL AVE

02/03/2017

1,001m2

$1,606,100

14

90

GRANGE RD

27/05/2017

875m2

$1,585,000

15

6

WOODBURN PL

10/04/2017

920m2

$1,572,000

16

18

INVERNESS CRES

15/01/2017

1,011m2

$1,525,000

17

43

CARINDA DR

26/05/2017

902m2

$1,506,100

18

9

FINLEY PL

18/03/2017

905m2

$1,500,000

19

5

RENEE CL

12/02/2017

1,129m2

$1,420,000

20

34

OLD GLENHAVEN RD

10/05/2017

913m2

$1,385,000

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 $2,200,000

75 70 65

$2,000,000

60 55

$1,800,000

50 45

$1,600,000

35

$1,400,000

30 25

$1,200,000

20 15 MAY

APR

MAR

FEB

JAN 2017

DEC

NOV

OCT

SEP

AUG

JUL

JUN

$1,000,000

NUMBER OF SALES

MEDIAN SALE PRICE

40

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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