Buying and selling in a top street?

How well do you know the street you are selling or buying in? Most selling agents have solid local knowledge and know if a home is on one the “the most prestigious streets”. But in most cases, properties are listed without either the agent or the vendor knowing if the street is ranked in the top 20 in the suburb.

For home-owners thinking of selling, knowing if their home is ranked as one of the top streets in the suburb is inspiring. As listings volumes start to build in many suburbs across the country, the level of competition between properties increases. Making use of independent analysis to help sell a home located on a top ranked street can also help.

Home-buyers would also love knowing if they are buying on one of the best ranked streets in the suburb. Understanding the value range of the street also helps you understand how much wiggle room exists when buying to add-value.

Case study: Castle Hill NSW Top 10 Ranked Streets

Rank #1 Street in Castle Hill

• Street Name: KINGSCOTT
• Street Type: PLACE
• Suburb: CASTLE HILL
• Postcode: 2154
• Total addresses: 25
• Total houses: 25
• Bedroom Median Count: 5
• Bathroom Median Count: 4
• Lot Size Median: 861
• Building Area Median: 357
• Estimated Value Median: $3,491,000
• Value median 10th percentile: $2,960,600
• Value median 90th percentile: $3,822,000

Rank #2

• Street Name: SPRINGTHORPE
• Street Type: WAY
• Suburb: CASTLE HILL
• Postcode: 2154
• Total addresses: 26
• Total houses: 26
• Bedroom Median Count: 4
• Bathroom Median Count: 3
• Lot Size Median: 717
• Building Area Median: 322
• Estimated Value Median: $3,101,000
• Value median 10th percentile: $2,601,500
• Value median 90th percentile: $3,516,400

Rank #3

• Street Name: WESTMINSTER
• Street Type: DRIVE
• Suburb: CASTLE HILL
• Postcode: 2154
• Total addresses: 54
• Total houses: 54
• Bedroom Median Count: 4
• Bathroom Median Count: 3
• Lot Size Median: 939
• Building Area Median: 286
• Estimated Value Median: $3,095,000
• Value median 10th percentile: $2,619,800
• Value median 90th percentile: $3,332,600

Rank #4

• Street Name: BRAE
• Street Type: PLACE
• Suburb: CASTLE HILL
• Postcode: 2154
• Total addresses: 34
• Total houses: 34
• Bedroom Median Count: 5
• Bathroom Median Count: 3
• Lot Size Median: 783
• Building Area Median: 332
• Estimated Value Median: $3,085,000
• Value median 10th percentile: $2,604,800
• Value median 90th percentile: $3,200,800

Rank #5

• Street Name: YANDIAH
• Street Type: PLACE
• Suburb: CASTLE HILL
• Postcode: 2154
• Total addresses: 36
• Total houses: 36
• Bedroom Median Count: 5
• Bathroom Median Count: 3
• Lot Size Median: 905
• Building Area Median: 325
• Estimated Value Median: $3,070,500
• Value median 10th percentile: $2,645,500
• Value median 90th percentile: $3,410,500

Rank #6

• Street Name: ASHFORD
• Street Type: AVENUE
• Suburb: CASTLE HILL
• Postcode: 2154
• Total addresses: 41
• Total houses: 41
• Bedroom Median Count: 4
• Bathroom Median Count: 2
• Lot Size Median: 1006
• Building Area Median: 248
• Estimated Value Median: $3,061,000
• Value median 10th percentile: $2,470,000
• Value median 90th percentile: $3,316,600

Rank #7

• Street Name: STIRLING
• Street Type: COURT
• Suburb: CASTLE HILL
• Postcode: 2154
• Total addresses: 12
• Total houses: 12
• Bedroom Median Count: 4
• Bathroom Median Count: 3
• Lot Size Median: 994
• Building Area Median: 299
• Estimated Value Median: $3,061,000
• Value median 10th percentile: $2,894,100
• Value median 90th percentile: $3,630,500

Rank #8

• Street Name: COPPERLEAF
• Street Type: PLACE
• Suburb: CASTLE HILL
• Postcode: 2154
• Total addresses: 25
• Total houses: 25
• Bedroom Median Count: 4
• Bathroom Median Count: 3
• Lot Size Median: 1712
• Building Area Median: 340
• Estimated Value Median: $3,056,500
• Value median 10th percentile: $2,606,400
• Value median 90th percentile: $3,482,000

Rank #9

• Street Name: HUNTINGDALE
• Street Type: CIRCLE
• Suburb: CASTLE HILL
• Postcode: 2154
• Total addresses: 20
• Total houses: 20
• Bedroom Median Count: 5
• Bathroom Median Count: 3
• Lot Size Median: 1012
• Building Area Median: 335
• Estimated Value Median: $3,056,000
• Value median 10th percentile: $2,943,400
• Value median 90th percentile: $3,573,400

Rank #10

• Street Name: PARTRIDGE
• Street Type: AVENUE
• Suburb: CASTLE HILL
• Postcode: 2154
• Total addresses: 32
• Total houses: 31
• Bedroom Median Count: 4
• Bathroom Median Count: 2
• Lot Size Median: 958
• Building Area Median: 239
• Estimated Value Median: $3,066,000
• Value median 10th percentile: $2,523,000
• Value median 90th percentile: $3,708,000

Example use case 1 - listings presentations

Want to impress with your next listing presentation? Print out a certificate and include with your appraisal report. Property owners in a top 20 street will love it.

Example use case 2

Include the same certificate in sales handouts for open days and make an impression with buyers.

Example use case 3

Use in listings descriptions. Which stands out?

"one of Castle Hill's most prestigious streets"

or

"ranked the #1 street in Castle Hill".

Example use case 4

Buyers, investors and buyers agents can analyse street prices to better understand the value range. This is especially powerful if you are considering buying the 'worst house on the best street'.

Now available for every suburb in Australia on www.suburbtrends.com. Full details on the methodology available on the website with explanations.

Kent Lardner