Property Panther
November 15, 2023

Postcode: 2138, NSW - Sale Price Report

Posted on November 15, 2023  •  5 minutes  • 939 words
Property analysis sections

Welcome

Welcome to the Property Panther 2138 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 2138 in NSW! This area, encompassing Rhodes, Liberty Grove, and Concord West, offers a diverse housing stock ranging from modern apartments to spacious family homes, providing a variety of options for property buyers. With its waterfront location, excellent amenities, and convenient transport links, 2138 promises a lifestyle where residents can enjoy a perfect blend of relaxation and urban convenience.

Last Month Property Summary

In 2138 in NSW, the market shifted from a seller’s market in July with a median sold price of $1,035,000 and a median days on market of 29 to a buyer’s market in August with a median sold price of $1,125,000 and a median days on market of 43.

Property Type Breakdown

In the vibrant postcode of 2138 in NSW Australia, the property stock is dominated by stylish apartments and units, which account for a staggering 85% of sale listings, providing an ideal choice for those seeking contemporary urban living.

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 2138 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 2138 during the period shown below was 1 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 2138 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 2138 during the period shown below was $-18478. The trend shows a decrease in the median sold price over time.

Price - By Property Type


Price - By Suburb

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