Postcode: 2403, NSW - Sale Price Report
Posted on November 15, 2023 • 4 minutes • 783 words
Property analysis sections
Welcome
Welcome to the Property Panther 2403 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 2403 in NSW! This area, encompassing Balfours Peak, Myall Creek, Gragin, and Delungra, offers a diverse housing stock ranging from charming country cottages to spacious modern homes, providing buyers with options to suit their preferences. Enjoy the laid-back rural lifestyle, stunning natural beauty, and friendly community that make this postcode an attractive choice for property buyers.
Last Month Property Summary
Based on the limited data provided, it is difficult to determine whether the market in 2403, NSW is more favorable for buyers or sellers as there is not enough information on median days on market, new sold listings, and median sold price for both the current and prior month.
Property Type Breakdown
In the picturesque postcode 2403 of NSW, Australia, the property stock offers a diverse array of options with 63% rural properties, 25% houses, and an intriguing 13% specialist farms – a perfect blend of countryside charm and unique 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 2403 during the period shown below was 45 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 2403 during the period shown below was $523357. The trend shows an increase in the median sold price over time.
Price - By Property Type
Price - By Suburb
Thanks for reading our property analysis! We value your feedback. Please take a moment to complete our survey.