Postcode: 2660, NSW - Sale Price Report
Posted on November 15, 2023 • 4 minutes • 794 words
Property analysis sections
Welcome
Welcome to the Property Panther 2660 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 of 2660 in New South Wales! Home to the charming suburbs of Morven and Culcairn, this area boasts a diverse housing stock ranging from spacious family homes to cozy cottages, offering a range of options for every buyer. With its peaceful surroundings, friendly community, and close proximity to essential amenities, 2660 provides a delightful and idyllic lifestyle for those looking for a place to call home.
Last Month Property Summary
Based on the given data for 2660 in NSW, the market appears to be more favorable for sellers, as there is a decrease in median days on market, an increase in median sold price, and a decrease in new sale listings.
Property Type Breakdown
In the picturesque postcode 2660 of NSW, Australia, the property stock is as diverse as the landscape, with rural properties taking the lead at 32%, closely followed by houses at 27%, vacant land at 23%, and charming acreage and semi-rural homes as well as farms at an equal 9% each.
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 2660 during the period shown below was 8 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 2660 during the period shown below was $5109. The trend shows an increase in the median sold price over time.
Price - By Property Type
Price - By Suburb
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