Postcode: 2586, NSW - Sale Price Report
Posted on November 15, 2023 • 5 minutes • 869 words
Property analysis sections
Welcome
Welcome to the Property Panther 2586 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 2586 in NSW offers a scenic rural lifestyle with a variety of charming suburbs such as Godfreys Creek, Boorowa, and Rye Park. Known for its peaceful atmosphere and beautiful countryside, this area provides a range of housing options perfect for buyers seeking a serene escape from city life.
Last Month Property Summary
In 2586 in NSW, the market appears to have shifted towards buyers as the median days on market has increased and the median sold price has decreased from the previous month.
Property Type Breakdown
In postcode 2586 of NSW Australia, the property stock is diverse, featuring a mix of rural properties, houses, new house & land options, vacant land, acreage, farms, mixed farming, new home designs, and grazing opportunities, providing ample choices for buyers looking for their dream property.
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 2586 during the period shown below was 5 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 2586 during the period shown below was $-5826. The trend shows a decrease in the median sold price over time.
Price - By Property Type
Price - By Suburb
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