Postcode: 2324, NSW - Sale Price Report
Posted on November 15, 2023 • 7 minutes • 1299 words
Property analysis sections
Welcome
Welcome to the Property Panther 2324 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
Postcode 2324 in NSW encompasses a diverse range of suburbs, from the coastal areas of Tea Gardens and Hawks Nest to the rural settings of Seaham and Karuah. With a variety of housing options available, including seafront properties and larger acreage lots, residents can enjoy a relaxed lifestyle within close proximity to essential amenities and natural attractions.
Last Month Property Summary
Based on the given numbers, the median days on market and median sold price have increased, suggesting that the real estate market in 2324, NSW has shifted towards being more favorable for sellers rather than buyers.
Property Type Breakdown
In the vibrant postcode 2324 of NSW Australia, house listings dominate the property stock with a solid 41%, closely followed by vacant land at 30%, providing ample opportunities for those seeking to build their dream homes or invest in land for development.
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 2324 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 2324 during the period shown below was 2 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 2324 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 2324 during the period shown below was $1737. The trend shows an increase in the median sold price over time.
Price - By Property Type
Price - By Suburb
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