Postcode: 2008, NSW - Sale Price Report
Posted on November 15, 2023 • 5 minutes • 995 words
Property analysis sections
Welcome
Welcome to the Property Panther 2008 postcode sale price report! We value your feedback. Please take a moment to complete our survey and help us improve our property analysis.
Who is this useful for?
Home Buyers:
Understand property affordability in your preferred suburb. Get a detailed breakdown of property types and prices, market dynamics including time on market and transaction volume.
Investors:
Use our report to determine the right time to invest. Gain a comprehensive view of property demand, transaction volume, and current market situation to guide your strategies.
Sellers:
Get insights on potential selling time based on market trends. Understand market pace from ‘Time On Market’ and ‘Transaction Volume’, and learn to price your property competitively from ‘Property Price’.
Location Overview
Welcome to the vibrant postcode 2008 in NSW! This area, encompassing Chippendale and Darlington, offers a diverse range of housing stock including modern apartments, heritage homes, and converted warehouses, providing a unique and character-filled lifestyle for property buyers. With its artistic scene, trendy cafes, and proximity to the CBD, 2008 is an exciting and highly sought-after location for those looking to embrace Sydney’s inner-city living.
Last Month Property Summary
In 2008 in NSW, there was a shift towards a more balanced market as the median sold days on market increased from 21.5 to 36.0 and the median sold price slightly decreased, indicating a slightly more favorable condition for buyers.
Property Type Breakdown
In postcode 2008 in NSW Australia, the property stock is predominantly made up of apartments and units, comprising a whopping 89% of the listings, offering a vibrant cosmopolitan lifestyle in the heart of the city.
Property Demand - Time On Market
Looking at the number of days it takes to sell a property is a good indicator of the amount of demand in a market because it shows how quickly properties are being purchased, reflecting interest and competition among buyers.
Time On Market - Overall
This chart shows how many properties were sold in postcode 2008 during the month of September. Each bar in the chart represents a range of days that properties were up for sale before they were sold. Properties that were on the market for more than 200 days are not included.
The average monthly change in the Days on Market for properties in postcode 2008 during the period shown below was 0 days.
This chart shows the trend of Days on Market over time. Each point on the line represents the average number of days a property was on the market before being sold in a particular month.
Time On Market - By Property Type
Time On Market - By Suburb
Property Transaction Volume
Transaction Volume - Overall
Transaction Volume - By Property Type
Transaction Volume - By Suburb
Property Price
Price - Overall
This chart shows the distribution of property sale prices in postcode 2008 during the month of September. Each bar in the chart represents a range of prices for properties sold.
The average monthly change in the median sold price of properties in postcode 2008 during the period shown below was $-16630. The trend shows a decrease in the median sold price over time.
Price - By Property Type
Price - By Suburb
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