Postcode: 2711, NSW - Sale Price Report
Posted on November 15, 2023 • 4 minutes • 848 words
Property analysis sections
Welcome
Welcome to the Property Panther 2711 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 2711 in NSW, a vibrant area encompassing Booligal, Keri Keri, Oxley, Yanga, Waugorah, Corrong, One Tree, Carrathool, Hay, Maude, Hay South, Gunbar, and Clare. With a diverse housing stock ranging from charming cottages to spacious family homes, this region offers a relaxed and rural lifestyle close to the iconic Hay township, where you can enjoy the beauty of the Murrumbidgee River and the convenience of local amenities.
Last Month Property Summary
Based on the given data, it is difficult to determine the state of the market in 2711, NSW as there is limited activity and no prior data for comparison.
Property Type Breakdown
In postcode 2711, NSW Australia, the property stock is diverse, with a majority of listings being houses (63%), making it an ideal location for those seeking a traditional home, while also offering opportunities for vacant land (15%), rural properties (13%), blocks of units (5%), apartments, and development sites (both at 3%) for those looking for different investment prospects.
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 2711 during the period shown below was -72 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 2711 during the period shown below was $-26559. The trend shows a decrease 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.