FREE COFFEE OFFER from Charlie Lovett BAULKHAM HILLS PROPERTY REPORT SUMMER 2024 Courtesy of Ray White Baulkham Hills
Australian house prices continued to increase in the last quarter and are now well above the previous peak in 2021. While surprising given rapid interest rate increases, the growth reflects strong population growth and a housing shortage. Housing supply is expected to remain limited in 2024 and this, combined with interest rates that are at or close to peak, are likely to continue to lead to price growth. Listing volumes were up in early Spring 23 however, since then, the number of properties coming to market has been more subdued. The volume is on par with what we saw at the end of 2022. While price growth would normally lead to more properties coming to market, it appears that a lack of stock may be inhibiting sellers. Most sellers are subsequent buyers. We’re hearing that more investors are selling because of high interest rates but this has had minimal impact on listing volumes. If you’d like an update on the value of your home in the current market, get in touch to arrange a no obligation appraisal today. Market update
Recent sales by Ray White Baulkham Hills 33 Astoria Park Road, Baulkham Hills $2,991,000 6 4 3 984m2 22 Justine Avenue, Baulkham Hills $2,015,000 5 2 2 49 Gooden Drive, Baulkham Hills $1,600,000 3 2 2 696m2 22 Buckingham Road, Baulkham Hills $2,085,000 4 2.5 3 973m2 23 Palmerston Avenue, Winston Hills $1,575,000 4 3 1 695m2 8 Tristania Court, Baulkham Hills $1,905,000 5 3 2 810m2 Sold Sold Sold Sold Sold Sold
Recent sales by Ray White Baulkham Hills 20 Morley Court, Baulkham Hills $2,700,000 5 3 3 775m2 3 Cropley Drive, Baulkham Hills $1,903,000 4 2 20 Coromandel Close, Baulkham Hills $2,700,000 5 4 3 877m2 6 Naomi Street North, Baulkham Hills $1,780,000 4 2 2 695m2 27 Charles Street, Baulkham Hills $1,730,000 4 2 1 34 Asquith Avenue, Winston Hills $1,451,000 4 1 1 727m2 Sold Sold Sold Sold Sold Sold
Recent sales by Ray White Baulkham Hills 25 Warooga Avenue, Baulkham Hills $1,345,000 3 2 1 310m2 7A John Street, Baulkham Hills $1,600,000 4 2.5 1 12 & 12a Sharleen Court, Bella Vista $2,055,000 6 3 2 884m2 40 Cropley Drive, Baulkham Hills $1,885,000 4 2 1 810m2 23 Olola Avenue, Castle Hill $2,061,000 4 2 2 695m2 46 Crestwood Drive, Baulkham Hills $2,310,000 5 3 2 Sold Sold Sold Sold Sold Sold
Recent sales by Ray White Baulkham Hills 9 Bellotti Avenue, Winston Hills $1,640,000 4 2 1 556m2 51 Oleander Avenue, Baulkham Hills $1,855,000 4 2 2 696m2 8 Eros Place, Winston Hills $1,750,000 4 2 1 600m2 10 Bellotti Avenue, Winston Hills $1,437,000 4 2 1 562m2 14 Bangalow Place, Baulkham Hills $1,852,888 3 2 1 891m2 28 Tamboura Avenue, Baulkham Hills $1,780,500 4 2 727m2 Sold Sold Sold Sold Sold Sold
Meet our growing team of professional property management experts, who excel through enthusiasm, determination and a commitment to surpassing clients expectations at every opportunity. Cassandra Whitmore Property Management Team Leader 0472 500 761 Kirstyn Archer Property Officer 0461 475 353 Sasha Stevens Senior Property Manager 0488 044 083 Karen Whittaker Property Management Administrator Meet your Property Management team
Compared to five years ago, the median house sales price in Baulkham Hills has increased 58.0% which equates to a compound annual growth rate of 9.6%. $1.1M $1.4M $1.7M $800K 1. $500K 2017 2015 2019 2022 2023 2014 2018 2021 2016 2020 Source: CoreLogic RP Data 15 September - 15 December 2023 83 HOUSES SOLD LAST QUARTER UNITS SOLD LAST QUARTER 39 2. 73% HOUSE AUCTION CLEARANCE RATE Fast facts
5. LEASE MEDIAN HOUSE (4 BED) $850 MEDIAN UNIT (2 BED) $620 RENT PER WEEK 27 BAULKHAM HILLS 3. HOUSES MEDIAN DAYS ON MARKET 4. HOUSES MEDIAN $1,835,000 HIGHEST $2,750,000 LOWEST $1,322,500 UNITS MEDIAN $865,500 HIGHEST $1,550,000 LOWEST $460,000 SALES Fast facts
FREE Small Coffee Offer valid until 31st March 2024 (dine-in or takeaway). Limited to one voucher per customer per visit. Original voucher must be presented to redeem the offer. Only valid for the Baulkham Hills location. BAULKHAM HILLS
Our office is honoured to have partnered with The Children’s Hospital at Westmead for our Little Ray of Giving 2023 campaign. The spirit of giving has always been a highlight of our year, allowing us to directly reach out to our community and make a difference in the lives of those facing challenges during the demanding time of the holiday season. We received an incredible response from the community and donated 84 gifts! Thank you to our community for the contributions this holiday season and for making our campaign a success. LITTLE RAY OF GIVING | THE CHILDREN’S HOSPITAL AT WESTMEAD
Ray White Baulkham Hills 345 Windsor Rd Baulkham Hills, NSW 2153 9639 8200 baulkhamhills.nsw@raywhite.com raywhitebaulkhamhills.com.au @raywhitebaulkhamhills @raywhitebaulkhamhills Darren Dowd Principal Renee Batchelor Licensee In Charge Brandon Hay Sales Executive LREA Ravi Pandey Sales Executive LIC NO. 20388113 Adam Heywood Licensed Real Estate Agent Anthony Dowd Licensed Real Estate Agent Makenna Cordery Sales Associate to Darren Dowd Marcos Cabral Sales Associate to Brandon Hay Cassandra Whitmore Property Management Team Leader Sasha Stevens Senior Property Manager Kirstyn Archer Property Officer Karen Whittaker Property Management Administrator Jessica Human Marketing Coordinator Jess Runac Front Office Manager =
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