Market Report - Kellville | June 2017

Page 1

Kellyville

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 (Apr '16 - Marsales '17) within Based on months 434 recorded House the last 12last months (Apr '16 - Mar '17) the last 12 House months (Apr '16 -sales Mar '17) BasedBased on Based 434on recorded 434 on recorded 434 recorded House sales House sales within within within the last the12last the months 12 months 12 (Apr months '16 (Apr - Mar (Apr '16and '17) -'16 Mar - Mar '17) '17) Based on a last rolling 12 month period may differ

Previous Median Price: $1,065,000 Current Current Median Current Median Price: Median Price: $1,099,500 Price: $1,099,500 $1,099,500 Previous Median Price: $1,065,000 Previous Previous Median Previous Median Price: Median Price: $1,065,000 Price: $1,065,000 $1,065,000 Based on 1011 recorded House sales compared over the last two

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

Based on a rolling 12 month period and may differ Based on a rolling 12 month period and may differ Based on 1011 recorded House sales compared over the last two 12periods month periods from statistics from statistics 12rolling month from calendar year statistics from calendar year statistics Based on acalendar rolling 12year month period and may differ Based on acalendar rolling 12year month period and may differ Basedrolling on 1011 recorded House sales compared over the last two rolling 12 month periods from calendar year statistics year statistics Based on Based a rolling Based on a 12 rolling onmonth a rolling 12 period month 12 month and period may period and differ may and differ may differ Based onBased Based a rolling Based on a 12 rolling onmonth afrom rolling 12 calendar period month 12 month and period may period and differ may and differ may differ 1011Based on recorded 1011 onrecorded 1011 House recorded sales House compared House sales compared sales overcompared the over last two the over lastthe two last two Based on rolling 12rolling month rolling 12periods month 12 month periods periods from calendar from calendar from year calendar statistics year statistics year statistics from calendar from calendar from year calendar statistics year statistics year statistics

Recently sold houses

17 BLUE 17 BLUE BELLBELL CCT CCT 17 BLUE BELL CCT 17 BLUE 17 BLUE 17 BELL BLUE BELL CCT BELL CCTCCT

15 SPRING 15 SPRING RD RD 15 SPRING RD 15 SPRING 15 SPRING 15 SPRING RD RD RD

$1,281,000 17 BLUE BELL CCT 4 bed | 2 bath 3 MAYFAIR AVE | 2 garages 400 m² 3 MAYFAIR AVE 3 MAYFAIR AVE 3 MAYFAIR 3 MAYFAIR 3 MAYFAIR AVE AVEAVE

$1,035,000 15 SPRING RD 37 bed | 2 bath garages 696 m² CRESTVIEW AVE 7 CRESTVIEW AVE| 1 7 CRESTVIEW AVE 7 CRESTVIEW 7 CRESTVIEW 7 CRESTVIEW AVE AVEAVE

$1,410,000 3 MAYFAIR AVE 4 bed | 2 bath | 3 garages 752 m²

44 ACRES 44 ACRES RD RD 44 ACRES RD 44 ACRES 44 ACRES 44RD ACRES RD RD

$1,091,000 44 ACRES RD bed 1 bath garages 697 m² 10 |REDDEN 103 REDDEN DR| 1DR 10 REDDEN DR 10 REDDEN 10 REDDEN 10 REDDEN DR DR DR

$1,430,000 7 CRESTVIEW AVE 5 bed | 3 bath | 2 garages 600 m²

5 SENTINEL AVE 12 5 SENTINEL SPRING RD byRD Source:AVE pricefinder.com.au | Properties included may12 or may notSPRING be sold Ray White 5 SENTINEL AVE 12 SPRING RD 5 SENTINEL 5 SENTINEL 5 SENTINEL AVE AVEAVE 12 SPRING 12 SPRING 12 SPRING RD RD RD

$1,370,000 10 REDDEN DR 4 bed | 2 bath | 2 garages 760 m² 32 JONQUIL 32 JONQUIL PDE PDE 32 JONQUIL PDE 32 JONQUIL 32 JONQUIL 32 JONQUIL PDE PDEPDE


Median Sale Price

$1.1m

Suburb Growth

+5.5%

5 SENTINEL AVE 5 SENTINEL AVE 5 SENTINEL AVE

# Sold Properties

314

12 SPRING RD 12 SPRING RD 12 SPRING RD

$1,480,000 SENTINEL AVE 28 HAYES 285HAYES 28 HAYES AVEAVE AVE 4 bed | 3 bath | 2 garages 600 m²

32 JONQUIL PDE 32 JONQUIL PDE 32 JONQUIL PDE

$1,121,000 12 SPRING 8 HOLMAN 8 HOLMAN 8 HOLMAN ST RD ST ST 4 bed | 2 bath | 2 garages 697 m²

$1,260,000 32 PDE 27 JONQUIL GUM 27 GUM 27NUT GUM NUT CLNUT CL CL 5 bed | 3 bath | 2 garages 450 m²

Prepared on 11/05/2017 by Ray White Castle Hill, +61 7 3231 2200 at Ray White Corporate Default. © Property Data Solutions Pty Ltd 2017 (pricefinder.com.au) Prepared on 11/05/2017 by Ray Castle Hill, +61© 7The 3231 2200 at South Ray White Corporate Default. © Property Data Solutions Pty Ltd 2017 The materials provided areRay distributed an White information source only. New Wales (Land and Property Information LPI) May/2017. property sales (pricefinder.com.au) information provided repared on 11/05/2017 by WhiteasCastle Hill, +61 7 3231 2200 atState RayofWhite Corporate Default. © Property Data -Solutions Pty Contains Ltd 2017 (pricefinder.com.au)

underThe licence from the Department of Finance Services, Land and Property Information (LPI) IssueWales Date:(Land 01/05/17 may be combined- with attribute dataproperty and photographs from other materials provided are distributed as and an information source only. © The State of New South andand Property Information LPI) property May/2017. Contains sales information provided he materials providedsources. are distributed as aninformation informationderived source from only. Non-Government © The State of New SouthPlease Wales (Land and Property Information - LPI) May/2017. Contains property sales information provided third party Ownership sources. asIssue a guide only. Neitherand Veda nor make any or warranties about accuracy, underdata licence from the Department of Finance and Services, Land and Property Informationuse (LPI) Date: 01/05/17 may beLPI combined withrepresentations property attribute data and photographs from other nder licence from the Department of Finance Services, Land and Property Information (LPI)allIssue Date: 01/05/17 and may(including be combined withlimitation, property attribute and photographs from other reliability, or suitability of and theinformation data for any particular and disclaims responsibility liability liability indata negligence) for expenses, losses, third completeness party data sources. Ownership derived frompurpose Non-Government sources. Please use and as aall guide only. Neither without Veda nor LPI make any representations or all warranties about accuracy, ird party data sources. Ownership derived from Non-Government sources. Please use a guide only. Veda nor LPI make any representations or warranties about accuracy, damages (including indirect orinformation damage) and costs which purpose might beand incurred as aas result of the dataNeither being inaccurate or incomplete any wayliability and for reason. Veda authorisedlosses, as a reliability, completeness orconsequential suitability of the data for any particular disclaims all responsibility and all liability (including without in limitation, inany negligence) for allisexpenses, liability, completeness or suitability of the of data any particular purposeand andServices, disclaimsLand all responsibility and all liability (including without limitation, liability in negligence) for all expenses, losses, Property Sales (including Information provider thefor Department of Finance Property damages indirect or consequential damage) and costs which might be and incurred as a Information. result of the data being inaccurate or incomplete in any way and for any reason. Veda is authorised as a amages (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. Veda is authorised as a Property Sales Information provider of the Department of Finance and Services, Land and Property Information. roperty Sales Information provider of the Department of Finance and Services, Land and Property Information.

$1,375,000 28 HAYES AVE 5 bed | 2 bath | 3 garages 785 m² 15 LOWAN 15 LOWAN 15 LOWAN PL PL PL

$1,125,000 8 HOLMAN ST 4 bed | 2 bath | 2 garages 450 m² 18 MAWARRA 18 MAWARRA 18 MAWARRA CRES CRES CRES

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

$1,185,000 $1,185,000 $1,185,000

$1,268,000 27 GUM NUT CL 4 bed | 2 bath | 2 garages 510 m² 7/127/12 O`GRADY 7/12 O`GRADY O`GRADY PL PL PL

$1,380,000 $1,380,000 $1,380,000

5

$855,500 $855,500 $855,500


Top 20 house sales Address

Sold date

Land size (m2)

Price

1

6

WATER CREEK BVD

10/03/2017

700m2

$2,035,000

2

2

ZANITH WAY

24/03/2017

721m2

$1,690,000

3

11

PATYA CCT

06/04/2017

700m2

$1,630,000

4

17

APPLEGUM CRES

04/03/2017

756m2

$1,550,000

5

117

CATTAI CREEK DR

08/04/2017

733m2

$1,540,000

6

24

CARLISLE CRES

19/04/2017

700m2

$1,530,000

7

5

SENTINEL AVE

01/05/2017

600m2

$1,480,000

8

7

CRESTVIEW AVE

03/05/2017

600m2

$1,430,000

9

7

PELLIZZER BVD

27/03/2017

812m2

$1,430,000

10

20

CONNELLY WAY

31/03/2017

449m2

$1,428,000

Properties included may/may not be sold by Ray White


Address

Sold date

Land size (m2)

Price

11

28

WOODSTREAM CRES

03/03/2017

493m2

$1,425,000

12

3

MAYFAIR AVE

05/05/2017

752m2

$1,410,000

13

3

LUCAS CCT

25/03/2017

600m2

$1,402,000

14

18

MAWARRA CRES

22/04/2017

702m2

$1,380,000

15

28

HAYES AVE

29/04/2017

785m2

$1,375,000

16

7

JOHN ALBERT CL

18/03/2017

697m2

$1,375,000

17

10

REDDEN DR

01/05/2017

760m2

$1,370,000

18

5

WILDROSE ST

11/03/2017

447m2

$1,365,000

19

1

CARLISLE CRES

10/04/2017

650m2

$1,352,000

20

1

ASHBURTON CRT

08/04/2017

742m2

$1,346,000

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 $1,300,000

75 70 65

$1,200,000

60 55

$1,100,000

50 45

$1,000,000

35

$900,000

30 25

$800,000

20 15 APR

MAR

FEB

JAN 2017

DEC

NOV

OCT

SEP

AUG

JUL

JUN

MAY

$700,000

NUMBER OF SALES

MEDIAN SALE PRICE

40

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

11


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

raywhitecastlehill.com.au


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