Page 1

Kellyville Market Report | Autumn 2019


We’re not sales people. We’re matchmakers. We introduce people to houses, until they find the one they love.


Welcome 2019 is now in full swing and already is shaping up to be a very interesting year in the property and finance market. Throughout 2018 the property pendulum swung back and forth, resulting in most areas around the country, levelling off and shifting into what can only be best described as a ‘post-boom’ status. What is pleasing however, is that the so-called ‘bursting of the bubble’ that so many predicted did not occur and as we near the end of the first quarter, both seller and buyer sentiment is steady and thus, demonstrating confidence in the market. What is becoming extremely clear in this current climate though is the skill of agent - their tenacity, their drive, their financial aptitude, their ability to negotiate, their effort, their adaptability, their compassion and of course, their capacity to remain focused. Blocking out the noise from the media and focusing on key property fundamentals has certainly been 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 84% auction clearance rate! We’re also really proud to share that our first of the year ‘in-room’

auctions held late January at Castle Hill RSL saw 9 out of 11 properties sold in one night. It was 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. As we continue to organically grow our market share in our home suburb, we are constantly striving to deliver an exceptional experience for all who engage with us. In doing so, we have identified a growing desire of buyers not only looking to purchase locally, but to also invest in ‘out of town’ areas where rental yields may be more favourable. In order to nurture this need, Ray White Castle Hill is offering a no obligation appointment with our Head of Investments, who can advise and assist you in your wealth creation through property and financial solutions. If you would like to know more, simply email your name and contact phone number to: castlehill. solutions@raywhite.com. In the coming weeks, we will also have a page on our website dedicated to this new service, so be sure to check in regularly.

We look forward to assisting you throughout 2019 and welcome your enquiries, be it selling, buying, renting, leasing or investing. Our office is open Monday – Saturday, 9am5pm and can be phoned on 02 9680 2255.

Philip Kelly and David Dowling Directors | Ray White Castle Hill

3


n

the last 12 months (2018) Current Median Price: $1,130,000 Previous Median Price: $1,229,000

Based on a rolling 12 month period and may differ from calendar year statistics

Previous Median Price: $1,229,000 Based on recorded House sales within the 12 months (2018) Based on 894 recorded House sales compared over the last two rolling 12 month periods

Recently Sold Houses

Based on 894 recorded House sales compared over the last two rolling 12 month periods

8 SERENE PL

16 FENWICK CL

20 FLANNAN CRT

14 WILDROSE ST 16 FENWICK CL 14 WILDROSE ST

10 SORRENTO CRT 6 CORSICA WAY 10 SORRENTO CRT

6 CORSICA WAY 14 14 WILDROSE WILDROSE ST ST

10 10 SORRENTO SORRENTO CRT CRT

$1,500,000

$820,000

14 WILDROSE ST 2 CHRISTINE 5 beds 3 CRT baths | 6 CRT cars 606 m² 20|FLANNAN 2 CHRISTINE CRT

10 SORRENTO CRT 84 JAMES MILEHAM DR 450 m² 4 beds | 32HALCYON baths | 2 cars AVE 84 JAMES MILEHAM DR

3 HALCYON AVE 2 CHRISTINE 2 CHRISTINE CRT CRT

84 84 JAMES JAMES MILEHAM MILEHAM DRDR

$1,265,500 64 ROSEBERY RD 6 beds | 3 baths | 2 cars 560 m²

Based on a rolling 12 month period and may differ from calendar year statistics

Based on a rolling 12 month period and may differ from calendar year statistics

$950,000 16 FENWICK CL 464 beds | 2 baths |RD 2 cars 449 m² ROSEBERY

months (2018)

$1,250,000 2 CHRISTINE CRT 5 beds | 3 baths | 4 cars 714 m²

$1,300,000 84 JAMES MILEHAM DR 4 beds | 2 baths | 2 cars 776 m²

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

21 DORRIGO RD

31 CURTIS RD

Prepared on 06/03/2019 by Ray White Castle Hill , 07 3231 2200 at Ray White Corporate Default. © Property Data Solutions Pty Ltd 2019 (pricefinder.com.au)


QUICK FACTS Median Sale Price

$1.12m

Suburb Growth

-8.6%

14 BUSH 14 BUSH PADDOCK PADDOCK AVE AVE BUSH PADDOCK AVE 14 14 14 BUSH BUSH 14 BUSH PADDOCK PADDOCK PADDOCK AVE AVE AVE

# Sold Properties

421 20 GLENROWAN 20 GLENROWAN AVE AVE

$1,730,000 14 BUSH PADDOCK AVE 6 beds | 4 baths | 4 cars 103 BARRY 103 BARRY RD RD 103 BARRY 103103 BARRY 103 BARRY BARRY RDRD RDRD

29 EXBURY 29 EXBURY RD RD EXBURY 29 29 29 EXBURY EXBURY 29 EXBURY RDRD RDRD

20 GLENROWAN AVE 20 20 GLENROWAN GLENROWAN 20 GLENROWAN AVE AVE AVE

$830,000 20 GLENROWAN AVE 3 beds | 1 baths | 2 cars 699 m² 19 GORMON 19 GORMON AVE AVE 19 GORMON AVE 19 19 GORMON GORMON 19 GORMON AVE AVE AVE

$1,190,000 103 BARRY RD 5 beds | 3 baths | 2 cars 506 m²

$1,380,000 19 GORMON AVE 4 beds | 2 baths | 3 cars 720 m²

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

$880,000 29 EXBURY RD 4 beds | 2 bath | 4 car 450 m² 24 HEADINGLEY 24 HEADINGLEY AVE AVE HEADINGLEY AVE 24 24 24 HEADINGLEY HEADINGLEY 24 HEADINGLEY AVE AVE AVE

$885,000 24 HEADINGLEY AVE 4 beds | 2 baths | 2 cars 391 m² 5


Top 20 House Sales Address

Sold date

Land size

Price

1

42

BRUHN CCT

15/2/2019

838m2

$2,900,000

2

14

BUSH PADDOCK AVE

9/2/2019

700m2

$1,730,000

3

14

WILDROSE ST

27/2/2019

606m2

$1,500,000

4

5

AVRIL CRT

18/2/2019

700m2

$1,390,000

5

19

GORMON AVE

29/1/2019

720m2

$1,380,000

6

84

JAMES MILEHAM DR

11/2/2019

776m2

$1,300,000

7

6

REDDEN DR

10/1/2019

760m2

$1,300,000

8

64

ROSEBERY RD

23/1/2019

560m2

$1,265,500

9

2

CHRISTINE CRT

14/2/2019

714m2

$1,250,000

10

103

BARRY RD

1/2/2019

506m2

$1,190,000

Properties included may/may not be sold by Ray White


Address

Sold date

Land size

Price

11

14

HILLVIEW RD

21/2/2019

517m2

$1,180,000

12

44

ROSEBERY RD

15/2/2019

508m2

$1,180,000

13

64

CARISBROOK ST

11/2/2019

515m2

$1,150,000

14

51

WILDROSE ST

1/3/2019

450m2

$1,100,000

15

6

CORSICA WAY

14/1/2019

450m2

$1,090,500

16

20

FLANNAN CRT

11/1/2019

657m2

$1,071,000

17

23

TIMBARRA AVE

8/1/2019

683m2

$1,065,000

18

58

FOX CREEK CCT

20/2/2019

382m2

$1,060,000

19

25

CIGOLINI PL

15/2/2019

640m2

$1,050,000

20

45

GOLDEN GROVE AVE

17/1/2019

451m2

$1,040,000

Properties included may/may not be sold by Ray White

7


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! And you’ll also enjoy doing some D.I.Y. without the summer heat. 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 Fertilising your lawn will 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. You should aim to fertilise twice a year for the best results. Prune Trees Pruning helps improve the health and overall appearance of your trees. Removing dead or dying branches promotes crop growth in fruit trees. Plant Bulbs Planting bulbs is a great way to add a splash of colour to your garden. You’d be surprised

how many different colours, sizes and types of bulbs that you can choose from. Autumn is the perfect time of year to plant them as they’ll have enough time to grow before they are ready to flourish in spring. Bulbs are really easy to grow although make sure that you choose a spot with plenty of sunlight. 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. Also make sure before you build your garden bed to consider the location because the levels of sun and shade will determine which type of plants will grow. 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. A good tip is to avoid

overcrowding your trees with other plants or structures like fences as this will curb their growth. 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-andgrowing/seven-autumn-gardening-tips


Median House Prices $1,300,000

75 70 65

$1,200,000

60 55

$1,100,000

50 45

$1,000,000

30 25

$800,000

20 15 FEB

JAN 2019

DEC

NOV

OCT

SEP

AUG

JULY

JUN

MAY

APR

$700,000

NUMBER OF SALES

35

$900,000

MAR

MEDIAN SALE PRICE

40

MONTH

Number of sales

Median sale price

9


Recent Activity Sales by Price - Past 12 months House

Unit

$300K-$400K

1

1

0%

$400K-$500K

1

1

0%

Past 12 Months

$500K-$600K

1

4

5

1%

434 Sales

$600K-$700K

3

15

18

$700K-$800K

12

8

20

$800K-$900K

42

3

45

$900K-$1M

66

1

67

$1M-$1.25M

143

143

$1.25M-$1.5M

77

77

$1.5M-$1.75M

20

20

$1.75M-$2M

12

12

$2M-$2.5M

1

2

>$3M

3

3

4% 5% 10% 15% 33% 18% 5% 3% 0% 1%

$1M-$1.25M 143 Sales


Your Local Team

Philip Kelly 0407 000 991

Daniel Llamas 0421 908 736

Odette Roach 9680 2255

Kael Sharp 0435 821 736

Karl Anthony 0457 120 174

Margarete Kwarcinski 9680 2255

Sylvester Wijaya 02 9680 2255

Kieron Stedman 0433 124 734

Matthew Langdon 0431 037 478

Paul Conti 0414 981 005

Robbie Awad 0428 888 648

Hilda Bandiera 9680 2255

Yong Park 0402 486 424

Phil Haq 0452 054 290

Joel Simpson 0450 907 598

Peter Iann 0488 002 222

Jayden Potten 0402 604 828

Tony Yee 02 9680 2255

Warren Tam 0412 067 934

Joseph Meyer 0417 675 741

David Xiao 0433 009 018

Siobhan Robinson 9680 2255

Michael Karanicolas 0411 062 888

Brendan Jackson 0404 088 783

Hannah Dowling 9680 2255

Stella Zhang 0452 557 858

Kimberley Hatchett 9680 2255

11


Ray White Castle Hill 287C Old Northern Road, Castle Hill NSW 2154 T 02 9680 2255 W raywhitecastlehill.com.au  Follow us on Facebook facebook.com/raywhitecastlehill

Ray White Castle Hill is the proud sponsor of

Profile for Ray White Castle Hill

Kellyville Market Report | April 2019  

Produced by Ray White Castle Hill

Kellyville Market Report | April 2019  

Produced by Ray White Castle Hill