Archive - Posts from December 2015

Our sale of 15 houses in Castle Hill - as reported in the Australian Financial Review

The booming north-west in Sydney has closed its first one-line sale of 15 houses in Castle Hill since the announcement of the new $8.3 billion Sydney Metro Northwest and the NSW government's growth plans for the corridor.

The properties on Cecil and Roger avenues totalling more than 14,000 square metres in land size were sold for an undisclosed price. But based on previous offers, houses in the area were expected to fetch up to $4 million each in one-line sales.

The 36-kilometre metro train line and the state's growth strategy have ignited development in the north-west as it undergoes rezoning for high density living to accommodate the increase in population. Castle Hill is one of the eight new metro stations on the line.

Details of the buyer at Cecil and Roger avenues were confidential, but sources have indicated it is a local developer.

The agent who brokered the sale, Tracy Yap Realty Castle Hill's Danny Yap and Tracy Yap declined to comment on the details of the sale but said it was a "record price for the Hills district".

"It's the first significant unconditional sale of a group of residential properties in Castle Hill," Mr Yap said.

"Previous sales were all through options which were conditional and none grouped this many home owners together. There are many syndicates on the market now for many months but none have achieved a sale."

Parts of Castle Hill are undergoing new planning but Cecil and Roger avenues have already been rezoned under an older plan, the 2012 Hills Local Environmental Plan.

It is a 10-minute walk to the train station and Castle Towers Shopping Centre, which is undergoing a $900 million billion redevelopment.

Posted on Monday, 21 December 2015
by Danny Yap

Merry Christmas and Happy New Year from the Tracy Yap Realty team!

On behalf of Tracy Yap Realty, we would like to wish you a Merry Christmas and Happy New Year! Please be advised that our office will be closed from the 24th of December to the 4th of January. Till then, we look forward to working with you in 2016!

Posted on Wednesday, 16 December 2015
by Danny Yap

The Tracy Yap Realty Annual Christmas Party for employees and family

Multicultural Events Round off the Year

The Australian Asian Association of Bennelong (AAAB) has concluded the year with a photo competition and an annual multicultural dinner celebrating the cultural diversity of the local area.

The #OurEastwood photo competition 2015 encouraged amateur photographers to take photos of something Eastwood, such as a place, a person or events, in order to promote community pride in the suburb. Now in the second year of its running, this year's competition attracted a record number of entries, with more than 80 photos submitted.

The winner this year was Denistone local Mr Peters Zangari, whose simple photo of his daughters sitting by the street, eating their ginger bread man while a smiling local woman walks past, won the judges over. Second place was awarded to Eastwood local Yeo Keng Yong, and third place to Jason Koh, editor of Korea Times who often doubles as the newspaper's photographer at local events.

The annual dinner, held at Ryde Eastwood Leagues Club was attended by over 100 local multicultural community leaders and representatives from local, state and federal governments, including Minister Victor Dominello MP, Damien Tudehope MP, John Alexander MP (who serves as AAAB patron), Ryde Mayor Jerome's Laxale, councillor Craig Chung, councillor Justin Li, former AAAB presidents Hugh Lee OAM and Brad Chan.

AAAB President Danny Yap said "The annual dinner is a chance for old friends to catch up, and for new friends in the community to meet." He thanked the association's sponsors which included the Commonwealth Bank, Tracy Yap Realty, Banna Property Group and Feng Hua Chinese School.

The gathering enjoyed music performances from Eastwood Plaza busker Bao, young performers from Eastwood Has Talent Contest Joshua Ng, Julie Zhang, and Justine Zhang. Retiring Ryde councillor Justin Li made some light hearted observations about the habits and lifestyles of Eastwood people, as part of the new Humans of Eastwood project publishing personal stories from Eastwood locals, modelled on the popular Humans of New York concept.

Founded in 2007 as a peak body of multicultural community groups and leaders, AAAB aims to promote cultural harmony and cooperation in the Bennelong electorate. In addition to the photo competition and annual dinner, AAAB also organises the Harmony Cup, a soccer competition between Ryde Police, Chinese and Korean soccer associations.