Postcode: 2209, NSW - Sale Price Report
Posted on November 15, 2023 • 4 minutes • 779 words
Property analysis sections
Welcome
Welcome to the Property Panther 2209 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 of 2209 in NSW! With the charming suburbs of Beverly Hills and Narwee, this area offers a diverse housing stock including spacious family homes, modern townhouses, and convenient apartment living, catering to a variety of lifestyles. Get ready to explore a thriving community with a perfect blend of local amenities, parks, and easy access to transportation, making it an ideal destination for property buyers seeking a desirable and enjoyable living experience.
Last Month Property Summary
In NSW 2209, the market shifted from a buyers market to a sellers market in the prior month, with fewer days on market, more new sale listings, and a lower median sold price.
Property Type Breakdown
In postcode 2209, the property market offers a diverse range of options, with houses dominating at 52% of sale listings, followed by apartments, duplexes, townhouses, and vacant land, catering to various lifestyle preferences and investment opportunities.
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
The average monthly change in the Days on Market for properties in postcode 2209 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
The average monthly change in the median sold price of properties in postcode 2209 during the period shown below was $-20587. The trend shows a decrease in the median sold price over time.
Price - By Property Type
Price - By Suburb
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