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Castle Hill MARKET REPORT | AUTUMN 2019


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AUTUMN 2019

2019 is now in full swing and already is shaping up to be a

As we continue to organically grow our market share in our

very interesting year in the property and �nance market.

home suburb, we are constantly striving to deliver an

Throughout 2018 the property pendulum swung back and

exceptional experience for all who engage with us. In doing

forth, resulting in most areas around the country, levelling

so, we have identi�ed a growing desire of buyers not only

off and shifting into what can only be best described as a

looking to purchase locally, but to also invest in ‘out of town’

‘post-boom’ status. What is pleasing however, is that the so-

areas where rental yields may be more favourable. In order

called ‘bursting of the bubble’ that so many predicted did not

to nurture this need, Ray White Castle Hill is offering a no

occur and as we enter into the second quarter, both seller

obligation appointment with our Head of Investments, who

and buyer sentiment is steady and thus, demonstrating

can advise and assist you in your wealth creation through

con�dence in the market.

property and �nancial solutions. If you would like to know

What is becoming extremely clear in this current climate though is the skill of agent - their tenacity, their drive, their �nancial aptitude, their ability to negotiate, their effort, their

more, simply email your name and contact phone number to: castlehill.solutions@raywhite.com or visit the investment page on our website: raywhitecastlehill.com.au

adaptability, their compassion and of course, their capacity to

We're also really pleased to share that earlier this year Ray

remain focused. Blocking out the noise from the media and

White Castle Hill was awarded No.1 agency in Castle Hill by

focusing on key property fundamentals has certainly been

Rate my Agent.

crucial to the success of our agency. When the ‘doom and gloom’ headlines about declining auction clearance rates were rife, Ray White Castle Hill was, and still is, experiencing on average an 85% auction clearance rate! We’re also really proud to share that our two ‘in-room’ auctions this year, held

We look forward to assisting you throughout 2019 and welcome your enquiries, be it selling, buying, renting, leasing or investing. Our of�ce is open Monday – Saturday, 9am-5pm and can be phoned on 02 9680 2255.

at Castle Hill RSL, have both produced premium results for

Philip Kelly

David Dowling

our clients.

Director

Director

It's a testament to our highly educated and professional team who continuously deliver superior campaigns for their clients and ultimately, assist them in reaching property goals.


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Recent Sales CASTLE HILL

House

Sold on 20 Mar 2019

61 Castle Street, Castle Hill $1,260,000

Sold on 20 Mar 2019

21/11 Harrington Avenue, Castle Hill 4 Beds / 2 Baths / 4 Cars

House

4 Beds / 3 Baths / 2 Cars

House

$1,650,000

Sold on 23 Feb 2019

45 Francis Street, Castle Hill $957,000

Sold on 23 Feb 2019

14 Somerset Way, Castle Hill 4 Beds / 3 Baths / 2 Cars

Sold on 20 Mar 2019

19 Talofa Place, Castle Hill

4 Beds / 2 Baths / 2 Cars

Townhouse

House

5 Beds / 4 Baths / 2 Cars

Unit

$1,550,000

Sold on 9 Feb 2019

27/2-4 Purser Avenue, Castle Hill

$1,163,000

2 Beds / 2 Baths / 1 Car

$722,500

We make no representation or warranty as to the accuracy, reliability or completeness of the information contained in this document – independent advice should be obtained before making any decision. We acknowledge that information contained in this document may be sourced and obtained in part from third parties. Accordingly, no warranty, representation or undertaking, whether expressed or implied, is made and no responsibility is accepted by us as to the accuracy of any part of this or any other information supplied on our behalf. For more information: raywhite.com/datadisclaimers. Properties included may/may not be sold by Ray White.


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Recent Sales CASTLE HILL

House

Sold on 29 Mar 2019

2 Somerset Way, Castle Hill 3 Beds / 2 Baths / 2 Cars

House

House 2 Azalea Grove, Castle Hill 4 Beds / 2 Baths / 2 Cars

Sold on 2 Feb 2019

4 Tuckwell Road, Castle Hill

$1,100,000

Sold on 23 Jan 2019

4 Melvey Place, Castle Hill 5 Beds / 2 Baths / 2 Cars

House

$1,405,000

3 Beds / 1 Bath / 1 Car

House

Sold on 1 Mar 2019

4 Garthowen Crescent, Castle Hill $1,405,000

Sold on 5 Jan 2019

6 Beds / 3 Baths / 2 Cars

Unit

$3,200,000

Sold on 12 Feb 2019

9/49-55 Cecil, Castle Hill $1,125,000

3 Beds / 2 Baths / 2 Cars

$860,000

We make no representation or warranty as to the accuracy, reliability or completeness of the information contained in this document – independent advice should be obtained before making any decision. We acknowledge that information contained in this document may be sourced and obtained in part from third parties. Accordingly, no warranty, representation or undertaking, whether expressed or implied, is made and no responsibility is accepted by us as to the accuracy of any part of this or any other information supplied on our behalf. For more information: raywhite.com/data-disclaimers. Properties included may/may not be sold by Ray White.


Market Shapshop Total Sales by Quarter Median House Sale Price 2017

2018

2019

Jan - Mar

133

129

105

Apr - Jun

163

136

Jul - Sep

173

98

$1,180,000

-15.2% suburb growth vs. 12 months

Median Unit Sale Price

$791,000

-3.6% suburb growth vs. 12 months

126

Oct - Dec

99

Sales By Price Range (Jan 2018 – Dec 2018) Houses

Units

110 100 90 80 70 60 50 40 30 20 10 0 $0. - 300k

$300 - 600k

$600 - 900k

$900k - 1.2M

Data disclaimer: raywhite.com/data-disclaimers

$1.2 - 1.5M

$1.5 - 1.8M

$1.8 - 2.1M

$2.1 - 2.3M

$2.3 - 4.8M

v0.4.3 | 2019-04-08T03:24:21.441Z


AUSTRALIA & NEW ZEALAND

We’ve got family almost everywhere

+1000 Offices in Australia & New Zealand

—

From a country town, Ray White has grown to become the largest real estate agency across Australia and New Zealand

Not too many other brands can pinpoint exactly where it started. Ray White can. It was in a tin shed at Crows Nest, in rural Queensland that Ray started in 1902. In 2017 alone, we welcomed 106 new business owners to our Australian network and 28 new businesses in New Zealand. Ray White has the highest market share in Australasia at 10.68 per cent. We are very proud that one in ten houses in Australia is sold by a Ray White agent. The Ray White brand helps the 1000 across Australasia list and sell more residential, commercial and rural property, and aims to deliver an exceptional customer experience, every time.


Autumn Gardening Tips Autumn is a good time to get into the garden. Your soil will still contain a fair bit of warmth from summer before the winter rain hits, so it’s a great time to get planting! Mulch for your Garden Mulch is your garden’s best friend. It helps the soil hold in moisture so you don’t have to water it as often and it also keeps down weeds. Over time, mulch will break down into your soil and improve it by adding nutrients. Fertilise your Lawn Thiswill ensure that it stays green and healthy throughout the year. Autumn is a great time to fertilise because it protects your lawn through the winter months.  Prune Trees Pruning helps improve the health and overall appearance of your trees. Removing dead or dying branches promotes crop growth in fruit trees. Build a Garden Bed A garden bed is the perfect place to grow vegies or act as a focal point in your backyard. For the best results, use a good quality top soil so your plants get enough of the good nutrients they need to start growing.  Plant Fruit Trees Australia’s climate and conditions are ideal for growing fruit trees. All they need is full sun, good drainage, room to grow and they’ll be thriving in no time.  Make Your Own Compost Compost is a natural fertiliser that is great for your garden. It can help you save money and it’s good for the environment. Autumn is a great time to start making compost because many trees are dropping their leaves, which you’ll need to use. Make sure you get the balance right between garden waste and kitchen scraps in the compost mix for the best results.

Source: bunnings.com.au/diy-advice/garden/planting-and-growing/sevenautumn-gardening-tips


10 questions to ask your agent… — We’re determined to get the best results for you. Here are a few questions you should be asking when choosing an the agent who best meets your needs. 1

Why should I choose you and your agency?

2

Is the cheapest agent the best agent?

3

How do I know an agent is giving me a realistic price guide?

4

What are the factors I should consider when selecting an agent?

5

How do we attract more people to my property?

6

Can I do anything to speed up the process?

7

What can I expect the sales process to be like?

8

How long will it take to sell my property?

9

How can I maximise the price we can achieve?

10

Have you sold properties like mine before?


WHO WE ARE

Local experts, working for you.

Philip Kelly

Kieron Stedman

Brendan Jackson

Paul Conti

Director

New Developments / Project Mkg

New Developments / Project Mkg

Sales Executive

Peter Iann

Daniel Llamas

Michael Karanicolas

Joel Simpson

Sales Executive

Sales Executive

Sales Associate to Daniel Llamas

Sales Executive

Karen Li

Kael Sharp

Karl Anthony

Matthew Langdon

Sales Associate to Joel Simpson

Sales Executive

Sales Executive

Sales Executive

Robbie Awad

Jayden Potten

Sara Perry

Craig Robinson

Sales Executive

Sales Executive

Sales Executive

Sales Executive

Ray White Castle Hill 287C Old Northern Road |   Castle Hill, NSW 2154

(02) 9680 2255

raywhitecastlehill.com.au


WHO WE ARE

Local experts, working for you.

Yong Park

Phil Haq

Warren Tam

Tony Yee

Sales Executive

Business Development Manager

Senior Property Manager

Property Manager

Sylvester Wijaya

Jesse McCarthy

Hannah Dowling

Odette Roach

Property Leasing Of�cer

Property Management Support

Property Management Support

Of�ce Manager

Kimberley Hatchett

Siobhan Robinson

Margarete Kwarcinski

Hilde Bandiera

Project Administration & Marketing

Reception / Administration

Reception / Administration

Reception / Administration

Joseph Meyer

Joe Zhou

Loan Market

Loan Market

Ray White Castle Hill 287C Old Northern Road |   Castle Hill, NSW 2154

(02) 9680 2255

raywhitecastlehill.com.au


Ray White Castle Hill 287c Old Northern Road, Castle Hill (02) 9680 2255 castlehill.nsw@raywhite.com raywhitecastlehill.com.au facebook.com/raywhitecastlehillÂ

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Castle Hill Market Report | May 2019  

Produced by Ray White Castle Hill

Castle Hill Market Report | May 2019  

Produced by Ray White Castle Hill