Property Panther
November 15, 2023

Postcode: 2628, NSW - Sale Price Report

Posted on November 15, 2023  •  4 minutes  • 847 words
Property analysis sections

Welcome

Welcome to the Property Panther 2628 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 NSW, postcode 2628 is home to a range of charming suburbs such as Berridale and Dalgety that offer a mix of housing options, from country cottages to modern family homes. With a picturesque backdrop of Snowy Plains and Eucumbene, this area provides a peaceful lifestyle perfect for outdoor enthusiasts and those looking for a serene and relaxed living environment.

Last Month Property Summary

In 2628 in NSW, based on the available data, it appears to be a relatively balanced market with one new sale listing, one new sold listing, and a median sold price of $949,000 in the prior month.

Property Type Breakdown

In the postcode 2628 of NSW Australia, property stock is diverse, with rural listings comprising 33% of the market, closely followed by vacant land at 29%, and houses at 25%, providing prospective buyers with plenty of options to build their dream home or find a ready-made one.

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 2628 during the period shown below was 6 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 2628 during the period shown below was $1434. The trend shows an increase in the median sold price over time.

Price - By Property Type


Price - By Suburb

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