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
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the last the12last months 12 months (Financial (Financial Year 2017) Year 2017) Based Based onBased 468 on 441 recorded on recorded recorded House sales House sales within within sales Based on a 441 rolling 12House month period and may within differ the the last last 12 the months 12 last months 12 (Financial months (Financial (Financial Year Year 2017) 2017) Year 2017) from calendar year statistics Based on Based a rolling on a 12 rolling month 12 period month and period may and differ may differ from calendar from calendar year statistics year statistics
Based Based on aon Based rolling a rolling 12 on month a12 rolling month period 12period month and and may period may differ and differ may differ fromfrom calendar calendar from year calendar year statistics statistics year statistics
36 CARISBROOK ST 36 CARISBROOK 36 CARISBROOK ST ST 36 14 CARISBROOK PERSEUS 14 PERSEUS CCT ST CCT
Based on Based a rolling on a 12 rolling month 12 period month and period may and differ may differ from calendar from calendar year statistics year statistics
BasedBased on 1026 onBased 999 recorded recorded on 999 House recorded House salessales compared House compared sales over compared over the last the two last overtwo the last two rolling rolling 12 month 12rolling month periods 12 periods month periods
Based Based on aon Based rolling a rolling 12 on month a12 rolling month period 12period month and and may period may differ and differ may differ fromfrom calendar calendar from year calendar year statistics statistics year statistics
9 BLINKHORN CCT 9 BLINKHORN 9 BLINKHORN CCT CCT
5 SUCCESS AVE 5 SUCCESS 5 SUCCESS AVE AVE
$1,200,000 5 SUCCESS 23 DAINTREE 23 DAINTREE AVE PL PL $1,200,000 $1,200,000
$1,430,000
$1,200,000
Aug
Aug 25 Days
519 m²
25 Days 25 Days Aug
519 m² 519 m²
5
53
25 Days
519 m²
5
3
2017
Based onBased 1026 on recorded 1026 recorded House sales House compared sales compared over the over last two the last two rolling 12rolling month12periods month periods
$1,430,000 9 BLINKHORN 1 WOMBOYNE 1 WOMBOYNE CCT AVE AVE $1,430,000 $1,430,000
Aug
2017 2017 2017 Aug
Previous Previous Median Median Price:Price: $1,076,120 $1,076,120 months months (Financial (Financial Year 2017) Year 2017) Current Current Median Current Median Price: Median Price: $1,170,000 Price: $1,160,000 $1,160,000 Based onBased recorded on recorded on House sales House sales within within sales the within the 12 the 12 Based on recorded aHouse rolling 12 month period and may12 differ Based on 1026 recorded House sales compared over the last two Based Previous Previous Previous Median Median Price: Median Price: Price: $1,076,120 $1,076,120 rolling 12$1,076,120 month periods months months (Financial months (Financial (Financial Year Year 2017) 2017) Year 2017) from calendar year statistics
5
32
3
$1,338,888
14 CCTST 201PERSEUS GOODISON bed | 3 ST bath ST | 2 garages 750 m² 201 GOODISON 2015 GOODISON
2
20111 GOODISON LEWIS 11 LEWIS JONES STJONES DR DR
2017 2 2017 2017 Aug
2
Aug 73 Days
73 Days 73 Days Aug
507 m² 507 m² 507 m²
4
42
22
$1,095,000 2017 73 Days 507 m² 4 2 2 1 WOMBOYNE AVE 2 HAWICK CT 4 bed | 2 bath | 2 garages 699 m² 2 HAWICK 2 HAWICK CT CT 2 HAWICK 23 WOODSTREAM 23 CT WOODSTREAM CRESCRES
$1,048,000
$1,159,000 31 54 JACK CRAIGMORE 54 MCNAMEE CRAIGMORE DR PL DR $1,159,000 $1,159,000
2
2
2
$1,040,000 5 SUCCESS AVE 8 WELLINGTON AVE bed | 2 bath | 2AVE garages 83WELLINGTON 8 WELLINGTON AVE 450 m² 8 WELLINGTON 41 HALLOWAY 41 HALLOWAY AVE BVD BVD
$1,145,000
201 GOODISON ST 2 HAWICK CT 4 bed | 2 bath | 2 garages 4 bed | 2 bath | 2 garages 30 CARLISLE CRES 31 JACK MCNAMEE PL 30 CARLISLE 30Source: CARLISLE CRESCRES | Properties included may 31 JACK 31 MCNAMEE PL PL pricefinder.com.au or may notJACK be sold MCNAMEE by Ray White 30 11 CARLISLE MARELLA 11 MARELLA CRES AVE AVE
4
$1,300,000 8 WELLINGTON AVE 4 bed | 2 bath | 2 garages 534 m² 39 CATTAI CREEK DR 39 CATTAI 39 CATTAI CREEK CREEK DR DR
$1,625,000 39 6 CATTAI FRASCA 6 FRASCA CREEK PL DR PL $1,625,000 $1,625,000
$1,280,000 $1,280,000 $1,280,000
12 CULLEN ST 12 CULLEN 12 CULLEN ST ST 12 12 CULLEN CULLEN 12 CULLEN STST ST
8 FOX CREEK CCT 8 FOX8CREEK FOX CREEK CCT CCT 8 FOX 8 FOX CREEK 8CREEK FOX CCT CREEK CCT CCT
$1,830,000 12 CULLEN ST 13 CHESTNUT GR 4 bed | 3 bath | 3 garages 700 m² 13 CHESTNUT 13 CHESTNUT GR GR 13 13 CHESTNUT CHESTNUT 13 CHESTNUT GRGR GR
9 GREYFRIAR PL 9 GREYFRIAR 9 GREYFRIAR PL PL 9 GREYFRIAR 9 GREYFRIAR 9 GREYFRIAR PLPL PL
$1,065,000 8 FOX CREEK CCT 15 KINSELLA CRT 4 bed | 2 bath | 2 garages 355 m² 15 KINSELLA 15 KINSELLA CRT CRT 15 15 KINSELLA KINSELLA 15 KINSELLA CRT CRT CRT
$1,200,000
9 GREYFRIAR PL 32-34 DEMPSEY CRES 4 bed | 2 bath | 2 garages 564 m² 32-34 32-34 DEMPSEY DEMPSEY CRESCRES 32-34 32-34 DEMPSEY 32-34 DEMPSEY DEMPSEY CRES CRESCRES
$1,050,000
13 CHESTNUT GR 15 KINSELLA CRT 4 bed | 3 bath | 2 garages 352 m² 5 bed | 2 bath | 3 garages 486 m² 27 KIRKCALDY CCT 23 FINTRY CRT Source: pricefinder.com.au not23 be sold by RayCRT White 27 KIRKCALDY 27 KIRKCALDY CCT CCT| Properties included may or may 23 FINTRY FINTRY CRT 27 27 KIRKCALDY KIRKCALDY 27 KIRKCALDY CCT CCT CCT 23 23 FINTRY FINTRY 23 FINTRY CRT CRT CRT $1,540,000 $1,330,000 $1,540,000 $1,540,000
$1,020,000
$1,215,000 32-34 DEMPSEY CRES 4 bed | 2 bath | 2 garages 720 m² 28 BALMORAL RD 5 28 BALMORAL 28 BALMORAL RD RD 28 28 BALMORAL BALMORAL 28 BALMORAL RDRD RD $2,045,000
$1,330,000 $1,330,000
$2,045,000 $2,045,000
Address
Sold date
Land size
Price
1
23
WOODSTREAM CRES
28/7/2017
1442m2
$2,300,000
2
25
THOMAS BOULTON CCT
3/5/2017
701m2
$2,200,000
3
28
BALMORAL RD
1/8/2017
700m2
$2,045,000
4
11
WATER CREEK BVD
13/6/2017
700m2
$2,000,000
5
22
WATER CREEK BVD
3/6/2017
780.8m2
$2,000,000
6
35
BALLYMENA WAY
19/5/2017
965.5m2
$1,970,000
7
31
BALMORAL RD
18/7/2017
700m2
$1,920,000
8
11
LEWIS JONES DR
28/7/2017
747.3m2
$1,920,000
9
12
HAYES AVE
7/6/2017
897.2m2
$1,900,000
10
5
WILLCOX CRES
11/5/2017
843.6m2
$1,850,000
Properties included may/may not be sold by Ray White
Address
Sold date
Land size
Price
11
12
CULLEN ST
9/8/2017
700m2
$1,830,000
12
15
BALMORAL RD
23/7/2017
700m2
$1,805,500
13
17
BRANDON GR
19/5/2017
660m2
$1,750,000
14
3
BUSH PADDOCK AVE
3/5/2017
701m2
$1,725,000
15
33
CATTAI CREEK DR
30/5/2017
904.3m2
$1,720,000
16
20
MARDI CRT
15/7/2017
692m2
$1,680,000
17
28
QUEENSBURY AVE
1/7/2017
565.5m2
$1,655,000
18
39
JOHN HILLAS AVE
3/5/2017
732.5m2
$1,640,000
19
31
JACK MCNAMEE PL
10/8/2017
666.4m2
$1,625,000
20
40
QUEENSBURY AVE
4/7/2017
510m2
$1,582,000
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
$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 AUG
JULY
JUN
MAY
APR
MAR
FEB
JAN 2017
DEC
NOV
OCT
SEP
$700,000
NUMBER OF SALES
MEDIAN SALE PRICE
40
SALE MONTH
Number of sales
Median sale price
9
House
Unit
0-$200k
3
1
$200k-$300k
4
1%
1
1
0%
$300k-$400k
1
1
0%
$400k-$500k
4
4
1%
$500k-$600k
5
5
1%
$600k-$700k
12
4
16
$700k-$800k
13
20
33
$800k-$900k
32
17
49
$900k-$1M
57
6
63
$1M-$1.25
187
1
188
$1.25M-$1.5M
145
145
$1.5M-$1.75M
41
41
$1.75M-$2M
18
18
$2M-$2.5M
12
12
$2.5M-$3M
1
1
>$3M
8
8
589 sales
3% 6% 8% 11% 32% 25% 7% 3% 2% 0% 1%
188 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
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