Market Report by Danny Walker
BLAXLAND
EDITION FIVE JANUARY - JUNE 2023
A Word From Danny Walker
Real Estate in the lower mountains has proven to be remarkably resilient, even amidst the challenges faced by the broader market While some areas have experienced a downturn, we have witnessed far more buoyancy in our region, attracting both buyers and investors seeking a slice of the Blue Mountains lifestyle.
Over the past few months, we have noticed a significant increase in momentum and energy. In fact, the last two months, in particular, have seen a notable surge in buyer activity. Prospective buyers are demonstrating a stronger willingness to make competitive offers, which is evidenced by the ease with which we have recently closed several successful sales
This renewed vigour can be attributed to a combination of factors. The region's natural beauty, coupled with its proximity to Sydney, has always been a drawcard for homebuyers and investors alike. However, in recent times, we have observed a growing appreciation for the unique advantages of this area. Buyers are recognizing the value of a balanced lifestyle, surrounded by breathtaking landscapes, vibrant communities, and an array of local amenities.
Looking ahead, we predict a positive trajectory for the lower mountains' real estate market over the next 6-18 months As buyer confidence strengthens and demand continues to rise, we anticipate a further increase in property values. This presents an opportune time for sellers who have been considering listing their properties, as the conditions are becoming increasingly favourable.
The spring season is fast approaching, and it's shaping up to be a very busy period. You might be thinking of upgrading, downsizing, or moving on this year and putting your home on the market. Now is a great time to start preparing your property to get it in a presentable condition for the spring season. We can support you throughout the entire process
Feel free to contact us anytime or stop by for a chat to find out how we can maximize the results through our expertise and local knowledge. With over 60 years of combined industry experience and the wide reach that being part of a national brand affords us, we are in the best position to get you a premium result
$3m Highest sale price - 105 Mitchells Pass $1.025m Median price for houses
76 Number of houses sold
21 Average days on market for houses
-1.6% Annual growth for houses
100 Number of houses leased $587 Average rental price for houses
57,470 Average buyer searches each month - Blaxland
Source: realestate com au and RP Data
$1,331,250 $1,103,500 $993,000 $924,069 $900,000 $845,000
Financial
Blaxland Statistics -
Year 22-23
Top 20 Blaxland Sales - Financial Year 22-23
$1,331,250 $1,088,250 $1,000,000 $923,138 $902,500 $835,000 No Address Bed Bath Car Sale date Land size (m2) Price ($) 1 105 Mitchells Pass 5 2 8 21-Aug-22 15,000 $3,000,000 2 49 Coughlan Road 6 3 3 21-Apr-23 1,404 $2,600,000 3 60 The High Road 7 5 3 29-Nov-22 17,800 $1,880,000 4 45 Coughlan Road 4 2 3 7-Mar-23 1,017 $1,810,000 5 27 Powell Street 4 2 2 14-Nov-22 9,532 $1,750,000 6 10 Thomas Way 4 2 2 26-Aug-22 726 $1,725,000 7 14 Thomas Way 5 3 2 11-Nov-22 743 $1,645,000 8 1 Coreen Place 4 3 4 1-Nov-22 900 $1,645,000 9 1A Glen Street 4 2 2 15-Aug-22 1,367 $1,576,800 10 4 Baringa Street 5 2 2 11-Jul-22 959 $1,570,000 11 55 Maraket Avenue 5 2 2 28-Sep-22 971 $1,541,626 12 20 Matthew Parade 4 2 2 24-Feb-23 1,018 $1,390,000 13 21 View Street 5 3 1 22-Dec-22 3,041 $1,380,000 14 13 Rusden Road 4 3 3 18-Nov-22 923 $1,371,500 15 67 Wilson Way 4 2 2 29-May-23 721 $1,370,000 16 21 Powell Street 5 2 2 27-Oct-22 1,151 $1,290,000 17 26 Old Bathurst Road 4 2 2 19-May-23 1,041 $1,280,000 18 22 Strathdon Crescent 4 2 2 18-Nov-22 692 $1,260,000 19 36 Yoogali Terrace 4 2 2 21-Jul-22 713 $1,245,000 20 3 Ravine Avenue 5 2 3 19-May-23 1,286 $1,230,000
com au and RP Data
Source: realestate
Blaxland MountRiverview Glenbrook Warrimoo 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 $1,500,000 $1,000,000 $500,000 $0
to stay in the know? Contact me with your email to be added to our offmarket property updates and monthly market report, dannywalker@mcgrath com au
to stay in the know? Source: realestate com au, RP Data and the Australian Bureau of Statistics (ABS) 22 33 25 Blaxland Statistics - Financial Year 22-23
Suburbs Growth Chart (Houses)
Ownership Family Composition Purchaser Owns Outright Renting Not Stated Other Couples with Children Childless Couples Single Parents Other dannywalker@mcgrath.com.au 40 8% 39.9% 7.6% 1.5% 0.3% 48 3% 35.8% 15.1% 0.8%
Want
Want
Surrounding
Home
A Selection of Our Recent Sales
2 Pinecrest Street, Winmalee Sold $830k
4 The Terrace, Warrimoo Sold $1 025m
26-28 Adeline Street, Faulconbridge Sold
18 Cathy Street, Blaxland Sold $1.01m
28-30 Waratah Road, Warrimoo Sold $1.26m
122 Grose Road, Faulconbridge Sold $1.113m
99 GWH, Blaxland Sold $735k
3 Crampton Drive, Springwood Sold $1 05m
11 Plateau Parade, Blaxland Sold
498 GWH, Faulconbridge Sold $863k
10 Pentlands Drive, Winmalee Sold $1 035m
40 Governors Drive, Lapstone Sold $1.3m
5 Karen Place, Faulconbridge Sold $950k
227 Sun Valley Road, Sun Valley Sold $1.25m
10 Bonton Road, Springwood Sold $1.09m
Client Testimonial
"We can't speak highly enough of Danny. It has been a pleasure working with Danny and his team in the sale of our property.
We have no hesitation in recommending Danny Walker as an agent of choice. Danny is an excellent communicator and presents with a thorough knowledge of the market.
Danny was measured in his approach in all dealings we had with him. He listened to our needs, was punctual, realistic, attentive and maintained regular and appropriate contact. We enjoyed Danny's consistent positive outlook and his sense of humor
It has been a pleasure to work with Danny and his team. We highly recommend Danny!"
Vendor
Method of Sale Private treaty Sale Price $1,230,000 Buyer origin Sydney city Prospective buyers 36 Days on Market 30
5 Bed 3 Bath 3 Car
Sold by Danny Walker
3 Ravine Avenue, Blaxland Sold $1.23m
Future Infrastructure Plans and News
The new Western Sydney International (NancyBird Walton) Airport (WSI) is set to open for freight, domestic and international travellers in 2026.
The Australian Government has recently released the long awaited preliminary flight paths for WSI for the community to view These flight paths have yet to be assessed and approved by the regulatory authority and will be subject to a formal statutory planning and consultation period later this year.
An interactive online tool allowing residents to search an address and view the proposed flight paths is now available
The website reveals expected aircraft noise in decibels, as well as the forecast altitude and number of flights in a particular location.
Experts have mixed opinions on the potential impacts to property values located in the proposed flight path of the WSI
Residents are encouraged to view the preliminary flight paths for WSI using the Aircraft Overflight Noise Tool and attend one of the Community Information and Feedback Sessions. Additional resources on website.
https://www.wsiflightpaths.gov.au/
Upcoming Subdivisions and Developments in Blaxland
Application Type Address Submitted X/1771/2022 Child Care Centre 32-34 Layton Ave, Blaxland 26/05/2023 SM/35/2020/B Subdivision 8 Baringa St, Blaxland 02/05/2023 X/1562/2022 Multiple Dwelling 298 Railway Pde, Blaxland 18/04/2023 X/1497/2022 Multiple Dwelling 133 GWH, Blaxland 15/04/2023 S/13/2023 Strata Subdivision 66-66A GWH, Blaxland 05/04/2023 X/301/2023 Multiple Dwelling 34 Old Bathurst Rd, Blaxland 03/04/2023 X/1689/2022 Multiple Dwelling 78 Old Bathurst Rd, Blaxland 28/03/2023 X/66/2023 Multiple Dwelling 125 GWH, Blaxland 20/03/2023 X/178/2023 Multiple Dwelling 4 Anthill St, Blaxland 08/03/2023
We love local! We love local!
Community News
Our team is deeply committed to community engagement, and we proudly participate in the McGrath Community Giveback Program At McGrath, we believe in supporting and giving back to the communities where we operate. Our first donation was made to Gateway Family Services in Blaxland, an outstanding local organisation that provides essential support to families in need.
My wife and I are passionate supporters of Gateway, and we recently had the opportunity to contribute to their cause by delivering a whole trolley of groceries to help fill up their community pantry.
We were honored to support Blaxland Football Club during their season opener as Major Sponsors. It is our commitment to nurture local talent and foster a strong community spirit through sports We are also the official Team Sponsors of the Under 14/1 Girls.
Community involvement goes beyond our real estate services. We are committed to building meaningful connections and making a difference in Blaxland. We look forward to continuing our support for local organizations and sports clubs, fostering a stronger, more vibrant community.
Meet Jess Walker, Social Media & Marketing Manager
We are happy to introduce Jess, our Social Media and Marketing Manager, and also Danny's wife!
With a logistics background and specialisation in data analysis, Jess maximizes efficiency in marketing campaigns.
Her sharp attention to detail ensures flawless execution and exceptional results. As a data nerd, she extracts valuable insights to drive measurable outcomes.
Recognized for elevating our brand's online presence, her work in social media has gained national recognition Harnessing more than a decade of photography experience and running a successful local business, she embodies a fervent commitment to supporting local.
By blending analytics and creativity, Jess creates effective and efficient campaigns, solidifying McGrath's leadership in digital marketing With Jess at the helm, McGrath excels, connecting with clients and driving growth.
About Danny Walker
Danny brings a strong history in service and sales to the McGrath Lower Blue Mountains team
His time in the military as a young man developed his sense of teamwork and attention to detail, attributes he proudly brings to his real estate transactions
Danny’s approach to property sales focuses on presentation, pricing strategy and positioning in the market. He combines these elements with meticulous buyer follow-up and strong negotiating expertise to ensure clients enjoy a positive and stress-free experience.
For Danny, being entrusted with the sale of a home is a privilege to be respected
Danny is the agency's Blaxland specialist and proudly supports a variety of sports teams and organisations in the local community.
Source: ratemyagent com au
"I can highly recommend Danny Walker from McGrath Lower Blue Mountains Danny was easy to deal with and a great communicator in keeping us updated and informed throughout the sales process
We also appreciated Danny’s professionalism at all times for the sale of the property."
Vendor
"
...During the time we have spent looking for a place to call home we have definitely received our poor share of service from other real estates and their representatives. Danny was a pleasure to work with in every aspect and made the process of buying a home an enjoyable one."
Tom
"Danny has an extensive knowledge and passion for our local area.
His professional, very approachable, non flappable attitude made us feel confident through the sale process and was never too busy to answer a question we had and kept us well informed throughout. I wouldn't hesitate to recommend him to other sellers "
Sarah
" Once the property went live we received exceptional interest and managed to get the property under contract in just 6 days thanks to the strong marketing strategy and collaborative approach across their team of agents."
Hayley
"Danny helped me purchase a new home in the Blue Mountains I'm from interstate, so working with a great communicator was essential. Danny always made himself available explaining the process and steps clearly and keeping me updated as the sale progressed. I would happily deal with Danny again "
Colleen
"Danny from McGrath Lower Blue Mountains helped my partner and I secure our first home
Navigating the market can be daunting however Danny was clear and concise throughout the whole process.
We couldn’t be happier with the outcome and I highly recommend reaching out to Danny for any real estate needs "
Cameron & Emily
"Danny was amazing to deal with in regards to the purchase of our new home
His knowledge of the area and local amenities was fantastic
He made the process seem straightforward and put our minds at ease even though buying houses normally has its hiccups - even taking my calls on days off! Thank you for all your help Danny!"
Ashley
Client Testimonials
SALES AGENT 0438 912 066 dannywalker@mcgrath.com.au dannywalkerestateagent dannywalkerestateagent
McGrath Lower Blue Mountains Shop 2/150 Great Western Highway, Blaxland NSW 2774 T +61 2 4739 9882
Danny Walker
