Ray White Castle Hill is the proud sponsor of
There is certainly a lot of “noise� in our marketplace currently with talk of the bubble supposedly bursting. The truth is the rhetoric is not always accurate and it is important we consider what this means to our local residents. There is no question that some factors which are being highlighted are worthy of consideration. The market has been so strong for so long and it would not be a surprise to see a period of stability. I do believe however in the main, that if you were to read the news the market is about to crash. I cannot agree with the sentiment as the evidence does not point to this. One of the downsides to the negative press is that there can be somewhat of a placebo effect and it would be fair to say, we have had many buyers talking down the market. Our role is always to assist the vendors in getting the best possible price and so, while we may need to reallocate resources to focus more attention on a slightly smaller pool of buyers than what we saw at the peak of the market, this is something we will maintain as a priority.
year 2016/17, 61 sold for prices at or above the vendor’s expectations. A figure no other agent in our market place could come close to claiming. I share this not to brag but to assure you that if your property is in the right hands, the waters can be navigated effectively even if they become a little more challenging. We continue our support of the local community through our major sponsorship of the Castle Hill Bowling Club as well as local based charity Give & Take. We are always on the lookout to partner with groups in our community so, if you do know of any please feel free to contact us directly.
Philip Kelly and David Dowling Directors | Ray White Castle Hill
Auctions give a great indication of how a market is travelling. It is fair to say that some local agents have struggled of late with slipping success rates and on occasions cancelling auctions placing vendors interests in great danger. I am delighted to report that of the 63 on-site auctions submitted in the financial
3
Based on 75 recorded House sales within the last 12 months (Financial Year 2017) Based on 75 recorded House sales within the Based Based onon 75 75 recorded recorded House House sales sales within within the the last 12 months (Financial Year 2017) the last last 1212 months months (Financial (Financial Year 2017) 2017) Based on 75 recorded HouseYear sales within last on 12 amonths 2017) Based rolling 12(Financial month periodYear and may differ calendar year statistics Based on rolling 12 month period and may differ Based Based onon a rolling aafrom rolling 1212 month month period period and and may may differ differ from calendar year statistics calendar calendar year year statistics statistics Based onfrom afrom rolling 12 month period and may differ from calendar year statistics
6 ADAM PL ADAM PL 6 66 ADAM ADAM PL PL 6 ADAM PL
Current Median Price: $1,572,000 Current Median Price: $1,572,000 Current Current Median Median Price: Price: $1,572,000 $1,572,000 Previous Median Price: $1,490,000 CurrentMedian Median Price: $1,572,000 Previous Previous Median Price: Price: $1,490,000 $1,490,000 Previous Median Price: $1,490,000 Previous Median Price: $1,490,000 Based on 149 recorded House sales compared over the last two
rolling 12 month periods Based Based onon on 149 149 recorded recorded House House sales sales compared compared over over thethe the last last two two Based Based on 149 149 recorded recorded House House sales sales compared compared over over the last last two two rolling rolling 12 12 month month periods periods rolling rolling 1212 month month periods periods Based on 149 recorded House sales compared over the last two rolling 12 month periods
1B FULLERS RD 1B FULLERS RD 1B 1B FULLERS FULLERS RD RD 1B FULLERS RD
$2,150,000 6 ADAM PL 43 bed | 3 RD bath | 6 garages 4,006 m² MILLS
MILLS RD 3 33 MILLS MILLS RD RD 3 MILLS RD
60 GILBERT RD 60 GILBERT RD 6060 GILBERT GILBERT RD RD 60 GILBERT RD
1B FULLERS RD 434 bed | 5 bath |AVE 2 garages 700 m² LINKSLEY
34 LINKSLEY AVE 3434 LINKSLEY LINKSLEY AVE AVE 34 LINKSLEY AVE
$1,640,000 60 GILBERT RD 7 bed | 4 bath | 2 garages 26 OLD GLENHAVEN RD 983 m² 26 OLD GLENHAVEN RD 2626 OLD OLD GLENHAVEN GLENHAVEN RD RD 26 OLD GLENHAVEN RD
$1,375,000 34 LINKSLEY AVE 4 bed | 3 bath | 3 garages 635 m²
3 BLAXLAND PL BLAXLAND PL 3Source: 33 BLAXLAND BLAXLAND PL PL pricefinder.com.au | Properties included may or may not be sold by Ray White $2,110,000 3 BLAXLAND PL $2,110,000 $2,110,000 $2,110,000
calendar year statistics Based on rolling 12 month period and may differ Based Based onon a rolling aafrom rolling 1212 month month period period and and may may differ differ from calendar year statistics calendar calendar year year statistics statistics Based onfrom afrom rolling 12 month period and may differ from calendar year statistics
$2,200,000
$4,625,000 3 MILLS RD 6 bed | 3 bath | 4 garages 2.2 ha
Based on recorded House sales within the 12 months (Financial Year 2017) Based on recorded House sales within the 12 Based Based onon recorded recorded House House sales sales within within the the 1212 months (Financial Year 2017) months (Financial (Financial Year 2017) 2017) Based months on recorded HouseYear sales within the 12 (Financial Year and 2017) Basedmonths on a rolling 12 month period may differ
$1,875,000 26 OLD GLENHAVEN RD 7 bed | 3 bath | 2 garages 720 m² 53 GLENHAVEN RD 53 GLENHAVEN RD 5353 GLENHAVEN GLENHAVEN RD RD 53 GLENHAVEN RD
$1,215,000 $1,215,000 $1,215,000 $1,215,000
May
2017 29 Days
May
918 m²
4
2
2
90 GRANGE RD 90 GRANGE RD 90 GRANGE RD 34 OLD GLENHAVEN RD 90 90 GRANGE GRANGE RD RD
2017 9 Days
May
940 m²
4
2
2
23 WOODBURN PL 23 WOODBURN PL WOODBURN PL 923 CARNARVON AVE 23 23 WOODBURN WOODBURN PL PL
2017 25 Days
1,041 m²
5
3
43 CARINDA DR 43 CARINDA DR CARINDA DR 143 SANDHURST RD 43 43 CARINDA CARINDA DR DR
$1,385,000
$1,675,000
May
2017 34 Days
2
Apr
909 m²
$1,585,000
4
2
90 GRANGE RD 32 FULLERS RD 5 bed | 3 bath | 3 garages 875 m²
2
32 FULLERS RD FULLERS RD 3232 32 FULLERS FULLERS RD RD
$3,250,000 9 CARNARVON AVE 24 DOHERTY AVE 7 bed | 5 bath | 3 garages 1,974 m²
24 DOHERTY AVE DOHERTY AVE 2424 24 DOHERTY DOHERTY AVE AVE
2017 14 Days
1,003 m²
$1,506,100 4
43 CARINDA DR 27 GRANGE RD 4 bed | 2 bath | 3 garages 902 m²
3
2
27 GRANGE RD GRANGE RD 2727 27 GRANGE GRANGE RD RD
Prepared on 21/08/2017 by Ray White Castle Hill, 07 3231 2200 at Ray White Corporate Default. © Property Data Solutions Pty Ltd 2017 (pricefinder.com.au) The materials provided are distributed as an information source only. © The State of New South Wales (Land and Property Information - LPI) August/2017. Contains property sales information provided under licence from the Department of Finance and Services, Land and Property Information (LPI) Issue Date: 15/08/17 and may be combined with property attribute data and photographs from other third party data sources. Ownership information derived from Non-Government sources. Please use as a guide only. Neither Veda nor 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 which might be incurred as a result of the data being inaccurate or incomplete in any way and for any reason.$1,450,000 Veda is authorised as a $1,621,000 $1,715,000 Property Sales Information provider of the Department of Finance and Services, Land and Property Information.
32 FULLERS RD
24 DOHERTY AVE
34 OLD| 2 GLENHAVEN RD 918 m² SANDHURST RD 4 bed bath | 2 garages 41 bed | 2 bath | 2 garages 940 m² 34 OLD GLENHAVEN RD 1 SANDHURST RD 34 OLD GLENHAVEN 1 SANDHURST RD pricefinder.com.au | RD Properties included may or may be sold by Ray White $1,385,000 $1,675,000 34Source: 34 OLD OLD GLENHAVEN GLENHAVEN RD RD 1 SANDHURST 1not SANDHURST RD RD $1,385,000 $1,385,000 $1,385,000 $1,385,000
$1,675,000 $1,675,000 $1,675,000 $1,675,000
27 GRANGE RD CARNARVON 59bed | 3 bath | 2 AVE garages 1,041 m² 9 CARNARVON AVE 9 AVE 9 CARNARVON 9 CARNARVON CARNARVON AVE AVE
5
$3,250,000 $3,250,000 $3,250,000 $3,250,000 $3,250,000
Address
Sold date
Land size
Price
1
3
MILLS RD
24/6/2017
22000m2
$4,625,000
2
3
KYLE AVE
24/4/2017
20250m2
$3,800,000
3
9
CARNARVON AVE
27/4/2017
1974m2
$3,250,000
4
1
FULLERS RD
8/7/2017
700.2m2
$2,200,000
5
6
ADAM PL
12/7/2017
4006m2
$2,150,000
6
3
BLAXLAND PL
2/6/2017
4007m2
$2,110,000
7
26
MILLS RD
15/8/2017
974.5m2
$1,955,000
8
7
LUSS CRT
7/4/2017
988.8m2
$1,920,000
9
26
OLD GLENHAVEN RD
6/6/2017
719.6m2
$1,875,000
10
24
DOHERTY AVE
13/5/2017
939.9m2
$1,715,000
Properties included may/may not be sold by Ray White
Address
Sold date
Land size
Price
11
60
GRANGE RD
26/4/2017
1003m2
$1,675,000
12
60
GILBERT RD
1/7/2017
983.3m2
$1,640,000
13
32
FULLERS RD
20/5/2017
918.5m2
$1,621,000
14
7
GAWAIN CRT
13/8/2017
858.8m2
$1,600,000
15
90
GRANGE RD
27/5/2017
875m2
$1,585,000
16
6
WOODBURN PL
10/4/2017
919.6m2
$1,572,000
17
43
CARINDA DR
21/5/2017
901.9m2
$1,506,100
18
43
GREENBANK DR
25/7/2017
895.7m2
$1,480,000
19
27
GRANGE RD
9/5/2017
1041m2
$1,450,000
20
34
OLD GLENHAVEN RD
3/5/2017
909.3m2
$1,385,000
Properties included may/may not be sold by Ray White
7
The Joint Regional Planning Panel approved the much awaited redevelopment plans for Castle Towers in September last year. At the time, QIC Global Real Estate managing director Steven Leigh, said: “The new Castle Towers will be as much about lifestyle, recreation, entertainment, experiential events and dining as it will be an outstanding retail destination.� The transformation of the neighbourhood surrounding the future Castle Hill Station has already begun, with a number of major developments already begun or in advanced stages of planning approval. The redevelopment will increase the size Castle Towers by up to 80,000sqm and increase parking capacity to more than 8000 vehicles. Castle Towers already acts as the gravitational centre of the Castle Hill CBD, providing a significant retail, entertainment and employment hub for the region. Its redevelopment will only enhance that role, with an updated cinema complex, dining and retail areas, as well as creating an estimated 2373 jobs. The plaza to be built around the new metro station will be designed with pedestrian flow to and from Castle Towers in mind. Castle Towers is also expected to be designed to allow through pedestrian access at all times. Using licence-plate recognition to track parking without the need for a paper ticket means vehicles will not be required to stop on entry to wait for a ticket to be issued, ensuring entry and exit from the carpark will be quick and easy. When activated, parking will be free for the first three hours. Cinema patrons will also be able to access an additional hour of free parking after validation. Parking fees will start at $5 with timed rates up to maximum daily rate of $40. Entry will be free after 6pm. Source: The Daily Telegraph - March 7, 2017 http://www.dailytelegraph.com.au/newslocal/hills-shire-times/week-2what-castle-hill-could-look-like-in-2037/news-story/be72a892e9056e4197b4b36bd920fcbc
3 AUG
$1,000,000 JUL
6
JUN
$1,200,000
MAY
9
APR
$1,400,000
MAR
12
FEB
$1,600,000
JAN 2017
15
DEC
$1,800,000
NOV
18
OCT
$2,000,000
SEP
MEDIAN SALE PRICE
21
NUMBER OF SALES
$2,200,000
SALE MONTH
Number of sales
Median sale price
9
House
Unit
$600k-$700k
1
1
$900k-$1M
4
4
$1M-$1.25
13
2
15
$1.25M-$1.5M
24
1
25
$1.5M-$1.75M
23
23
$1.75M-$2M
12
12
$2M-$2.5M
10
10
$2.5M-$3M
2
2
>$3M
11
11
1% 4%
103 sales
15% 25% 23% 12% 10% 2% 11%
25 sales
Philip Kelly 0407 000 991
Daniel Llamas 0421 908 736
Peter Iann 0488 002 222
Paul Conti 0414 981 005
Andy Lin 0433 433 093
Hilda Bandiera 9680 2255
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
Brittney Willmette 9680 2255
Matthew Langdon 0431 037 478
Margarete Kwarcinski 9680 2255
Joseph Meyer 0417 675 741
Karl Anthony 0457 120 174
Joel Simpson 0450 907 598
11