Postcode: 2429, NSW - Sale Price Report
Posted on November 15, 2023 • 6 minutes • 1085 words
Property analysis sections
Welcome
Welcome to the Property Panther 2429 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 postcode 2429 in NSW! This diverse area offers a range of charming suburbs and a tranquil lifestyle, with a mix of rural and bush surroundings. Whether you’re looking for a country retreat or a peaceful getaway, 2429 boasts an array of housing options to suit any property buyer.
Last Month Property Summary
In the 2429 area of NSW, there seems to be a shift towards a seller’s market as the median days on market decreased from 61 to 37, the new sold listings decreased from 16 to 10, and the median sold price increased from 465,000 to 620,000 between July and August 2023.
Property Type Breakdown
In postcode 2429, NSW Australia, the property stock is diverse and offers something for everyone, with rural properties taking up the largest portion of sale listings at 31%, followed by houses at 23% and vacant land at 19%, suggesting a desirable mix of both rural and residential options for prospective 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 2429 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 2429 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 2429 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 2429 during the period shown below was $-2826. The trend shows a decrease in the median sold price over time.
Price - By Property Type
Price - By Suburb
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