Postcode: 2327, NSW - Sale Price Report
Posted on November 15, 2023 • 4 minutes • 793 words
Property analysis sections
Welcome
Welcome to the Property Panther 2327 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 charming postcode 2327 in NSW, home to the suburbs of Stanford Merthyr, Pelaw Main, and Kurri Kurri. Nestled in the Hunter Valley region, this area offers a diverse housing stock, from historic homes to contemporary designs, catering to a variety of lifestyles, including proximity to local amenities and easy access to wineries, parks, and outdoor activities.
Last Month Property Summary
In 2327 NSW, based on the given numbers, it can be concluded that it is currently more of a sellers market due to shorter median days on market and decreasing new sale listings.
Property Type Breakdown
Postcode 2327 in New South Wales, Australia, offers a diverse range of real estate opportunities, with houses taking the lead at a whopping 71% of sale listings, followed by vacant land at 24% and apartments/units/flats at 6%.
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 2327 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
The average monthly change in the median sold price of properties in postcode 2327 during the period shown below was $-3098. The trend shows a decrease in the median sold price over time.
Price - By Property Type
Price - By Suburb
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