Postcode: 2420, NSW - Sale Price Report
Posted on November 15, 2023 • 6 minutes • 1274 words
Property analysis sections
Welcome
Welcome to the Property Panther 2420 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
Located in the picturesque region of NSW, postcode 2420 offers a diverse range of suburbs such as Dungog, Stroud Hill, and Wallaringa, providing potential homebuyers with a charming rural lifestyle and a variety of housing options to choose from, including spacious properties with beautiful countryside views as well as cozy homes nestled in peaceful surroundings.
Last Month Property Summary
Based on the data provided for the current and prior month in 2420 NSW, the median days on market have decreased and the median sold price has increased, indicating a shift towards a seller’s market compared to the previous month.
Property Type Breakdown
In postcode 2420, NSW Australia, the property stock is diverse, with houses comprising 50% of the listings, followed by rural properties, acreage/semi-rurals, and vacant land at 18%, 18%, and 14% respectively, offering a range of options for potential buyers.
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 2420 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 2420 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 2420 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 2420 during the period shown below was $19948. 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.