Market Report - Glenwood | July 2017

Page 1

Glenwood 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


the 12 last months 12 months (Apr '16 (Apr - Mar '16 '17) - Mar '17) Basedthe onlast 172 recorded House sales within the last 12172 months '16 -sales Mar '17) Based Based onBased on 172 recorded on recorded 172(Apr recorded House House House sales within within sales within the the lastlast 12 the 12 months last months 12month (Apr months (Apr '16 '16 -(Apr Mar -period Mar '16 '17)'17) -differ Mar '17) Based on Based a rolling on a12 rolling 12period monthand mayand may differ from12 calendar from calendar year statistics yearmay statistics Based on a rolling month period and differ from calendar yearperiod statistics Based Based on aon Based rolling a rolling on 12amonth 12 rolling month 12 period month andand period maymay differ and differ may differ from from calendar calendar fromyear calendar year statistics statistics year statistics

Previous Previous Median Median Price: Price: $900,000 $900,000 Current Current Median Current Median Price: Median Price: $949,000 Price: $949,000 $949,000 Previous Median Price: $900,000 Previous Previous Previous Median Median Price: Median Price: $900,000 Price: $900,000 $900,000

months months (Apr '16 (Apr - Mar '16 '17) - Marthe '17) Based on recorded House sales within 12 months '16 -sales Mar '17) Based Based onBased on recorded recorded on(Apr recorded House House House sales within within sales thewithin the 12 12the 12 months months (Apr months (Apr '16'16 -12 (Apr Mar - Mar '16 '17)period '17) - Mar '17) Based on Based a rolling on a12 rolling month period monthand mayand differ may differ Based onBased 355 recorded on 355 recorded House sales House compared sales compared over the last overtwo the last two

rolling 12rolling month12 periods month periods Based on 355 recorded House sales compared over the last two rolling 12 month periods Based Based on 355 onBased 355 recorded recorded on 355 House recorded House sales sales compared House compared sales over compared over the last the last two overtwo the last two

Recently sold properties

22 ADRIAN 22 ADRIAN ST ST 22 ADRIAN ST 2222 ADRIAN ADRIAN 22 ADRIAN STST ST

rolling rolling 12 month 12rolling month periods 12 periods month periods

4 SILKYOAK 4 SILKYOAK CL CL 4 SILKYOAK CL 4 SILKYOAK 4 SILKYOAK 4 SILKYOAK CLCL CL

$870,000 22 ADRIAN ST 318 bed | 2AVE bathAVE | 1 garages 361 m² 18 BLYTHE BLYTHE 18 BLYTHE AVE 1818 BLYTHE BLYTHE 18 BLYTHE AVE AVE AVE

$1,206,000 4 SILKYOAK CL bed | 4 bathAVE | 2 garages 542 m² 7 5APPLEBOX 7 APPLEBOX AVE 7 APPLEBOX AVE 7 APPLEBOX 7 APPLEBOX 7 APPLEBOX AVE AVE AVE

$915,000 18 BLYTHE AVE 3 bed | 2 bath | 2 garages 473 m²

63 GLENWOOD 63 GLENWOOD PARKPARK DR| Properties DR included may or may 6 ADRIAN Source: pricefinder.com.au not6beADRIAN soldST by RayST White 63 GLENWOOD PARK DR 6 ADRIAN ST 6363 GLENWOOD GLENWOOD 63 GLENWOOD PARK PARK DR PARK DR DR $1,210,000 6 ADRIAN 6 ADRIAN 6 ADRIAN STST ST $1,210,000

8 LAURINA 8 LAURINA WAY WAY 8 LAURINA WAY 8 LAURINA 8 LAURINA 8 LAURINA WAY WAY WAY

$1,133,800 8 LAURINA WAY 4 22 bedKINGSMERE | 22 2 bath | 2 garages KINGSMERE DR DR594 m² 22 KINGSMERE DR 2222 KINGSMERE KINGSMERE 22 KINGSMERE DRDR DR

$1,150,000 7 APPLEBOX AVE 5 bed | 2 bath | 2 garages 555 m²

from12 calendar from calendar year statistics yearmay statistics Based on a rolling month period and differ from calendar yearperiod statistics Based Based on aon Based rolling a rolling on 12amonth 12 rolling month 12 period month andand period maymay differ and differ may differ from from calendar calendar fromyear calendar year statistics statistics year statistics

$1,225,000 22 KINGSMERE DR 4 bed | 2 bath | 2 garages 543 m²

24 THOMPSON 24 THOMPSON CRESCRES 24 THOMPSON CRES 2424 THOMPSON THOMPSON 24 THOMPSON CRES CRESCRES $830,000 $830,000

$950,500 $950,500


Median Sale Price

$949k

Suburb Growth

+5.4%

14 EMMA 14 EMMA GRGR 14 EMMA GR 14 EMMA 14 EMMA 14GR EMMA GR GR

# Sold Properties

172

68 CASINO 68 CASINO ST ST 68 CASINO ST 68 CASINO 68 CASINO 68 CASINO ST ST ST

$880,000 14 EMMA GR 3 bed | 2 bath | 2 garages 446 m² 270270 GLENWOOD GLENWOOD PARK PARK DR DR 270 GLENWOOD PARK DR 270270 GLENWOOD GLENWOOD 270 GLENWOOD PARK PARK DR PARK DR DR

$1,101,000 68 CASINO ST 4 bed | 2 bath | 2 garages 548 m² 20 WARDIA 20 WARDIA ST ST 20 WARDIA ST 20 WARDIA 20 WARDIA 20 WARDIA ST ST ST

$970,000 270 GLENWOOD PARK DR 4 bed | 2 bath | 2 garages 495 m²

23 NYMAGEE 23 NYMAGEE ST ST 23 NYMAGEE ST 23 NYMAGEE 23 NYMAGEE 23 NYMAGEE ST ST ST

$1,161,000 20 WARDIA ST 4 bed | 2 bath | 2 garages 508 m²

Source: pricefinder.com.au or may be sold by Ray White 34 WILLOWTREE 34 WILLOWTREE AVE AVE | Properties included may 20 KINCHEGA 20 not KINCHEGA CRES CRES 34 WILLOWTREE AVE 20 KINCHEGA CRES 34 WILLOWTREE 34 WILLOWTREE 34 WILLOWTREE AVE AVE AVE 20 KINCHEGA 20 KINCHEGA CRES CRESCRES $920,000 $920,000 20 KINCHEGA

$1,025,000 23 NYMAGEE ST 4 bed | 2 bath | 2 garages 360 m² 38 KNIGHTSBRIDGE 38 KNIGHTSBRIDGE AVE AVE 38 KNIGHTSBRIDGE AVE 38 KNIGHTSBRIDGE 38 KNIGHTSBRIDGE 38 KNIGHTSBRIDGE AVE AVE AVE

$1,285,000 38 KNIGHTSBRIDGE AVE 4 bed | 2 bath | 2 garages 625 m²

12 HUNGERFORD 12 HUNGERFORD DR DR 12 HUNGERFORD DR 12 HUNGERFORD 12 HUNGERFORD DR DR DR $1,130,000 $1,130,000 12 HUNGERFORD

5 $1,140,000 $1,140,000


Top 20 house sales Address

Sold date

Land size (m2)

Price

1

15

GYMKHANA PL

12/04/2017

649m2

$1,300,000

2

38

KNIGHTSBRIDGE AVE

27/04/2017

625m2

$1,285,000

3

11

MAHOGANY CL

19/04/2017

640m2

$1,280,000

4

8

PIANOSA PL

28/03/2017

779m2

$1,250,000

5

22

KINGSMERE DR

23/05/2017

543m2

$1,225,000

6

63

GLENWOOD PARK DR

15/05/2017

462m2

$1,210,000

7

4

SILKYOAK CL

31/05/2017

542m2

$1,206,000

8

10

MIMOSA GR

01/04/2017

555m2

$1,200,000

9

20

WARDIA ST

28/04/2017

508m2

$1,161,000

10

7

APPLEBOX AVE

23/05/2017

555m2

$1,150,000

Properties included may/may not be sold by Ray White


Address

Sold date

Land size (m2)

Price

11

12

HUNGERFORD DR

20/04/2017

550m2

$1,140,000

12

7

AGINCOURT PL

01/04/2017

504m2

$1,135,000

13

8

LAURINA WAY

29/05/2017

594m2

$1,133,800

14

20

KINCHEGA CRES

21/04/2017

585m2

$1,130,000

15

64

MALVERN RD

17/03/2017

500m2

$1,110,000

16

68

CASINO ST

08/05/2017

548m2

$1,101,000

17

54

FAIRMOUNT CCT

12/03/2017

575m2

$1,065,000

18

5

FARMER CL

30/03/2017

653m2

$1,035,000

19

23

NYMAGEE ST

06/05/2017

360m2

$1,025,000

20

3

ELBA WAY

02/03/2017

422m2

$1,005,101

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 $1,100,000

24 22

$1,000,000

20 18

$900,000

16 14

$800,000

12

8 6

$600,000

4 2

$500,000 MAY

APR

MAR

FEB

JAN 2017

DEC

NOV

OCT

SEP

AUG

JUL

JUN

0

NUMBER OF SALES

MEDIAN SALE PRICE

10 $700,000

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

11


Ray White Castle Hill 02 9680 2255 287C Old Northern Rd, Castle Hill NSW 2154

raywhitecastlehill.com.au


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.