Local Property Market is Red Hot

The multi award winning team at Lumby Hampson report that the local Hills District market is the strongest property market they have ever seen.

Recent auction clearance rates are over 80 % for Sydney and the team at Lumby Hampson are auction specialists with both principals being licensed auctioneers and 3 times winners of the Australian Auctioneer at the Real Estate business awards.

In 2020 Lumby Hampson won the sales campaign of the year for Australia for the sale of a Dural acreage estate and in 2018 Lumby Hampson won the Australian Boutique Agency of the year. Principal Kate Lumby said ” We absolutely love what we do and both Will and myself have never seen a market so strong, we have had an incredible run of results and our skillset around auctions is world class” With around 80 % of Lumby Hampson sales been by way of auction and a proven track record of results Lumby Hampson has the highest median sale price in the Hills District at an average sale price of $2,800,000.

Specialising in selling property by way of auction the dynamic duo of Kate Lumby and Will Hampson have recorded over 20 residential record sale prices and have dominated the Dural prestige market with 75% of the top sales in the past 12 months.

This year we have already seen a new residential record price for the suburb of Maroota with ‘Kingston Park’ selling for $2,650,000 and a new record price for Fiddletown ‘Yarraman Ridge’ $3,750,000 sale. Both of these record suburb sales were made by the team at Lumby Hampson along with many other strong recent acreage sales.

The residential market is so hot many auctions have sold within one and two weeks on the market with properties having 150 to 200 people through in one week. Residential suburbs such as Kellyville, Castle Hill and Glenhaven have had high buyer demand and the team have had some very good sales by way of auction.

Will Hampson said “We are getting 15 to 20 registered bidders on residential auctions and have had some incredible results, in my 25 years as an auctioneer I have never seen a better market for auction” Operating from two offices in Dural and Kellyville the family owned business of Lumby Hampson sells both family homes and acreage estates. Having achieved record sales in Dural, Kellyville, Middle Dural, Kenthurst, Rouse Hill, Riverstone, Cattai, Baulkham Hills, Box Hill, Glenhaven, Glenorie, Galston, Maroota, Fiddletown and Windsor Downs

The agency was originally opened as Lumby Real Estate in 1968 by Kate’s parents Barry and Jan Lumby from the Kellyville office in 2016 Will and Kate opened in Dural and rebranded to Lumby Hampson. In April Lumby Hampson donated $1,000 to the Arcadia Rural Fire Station to support the flood recovery work that the RFS has been doing for our local community.

A sign of how strong the market is in Sydney wide is the median price for a house, which in 2015 was $1,007,758. Less than six years later, Sydney’s median house price is $1.21 million.

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