Postcode: 2722, NSW - Sale Price Report
Posted on November 15, 2023 • 4 minutes • 849 words
Property analysis sections
Welcome
Welcome to the Property Panther 2722 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 postcode 2722 in NSW, a picturesque region encompassing suburbs such as Nangus, Muttama, Gobarralong, Brungle, and more. Known for its tranquil rural atmosphere and rolling countryside, this area offers a unique blend of traditional housing stock and a laid-back lifestyle that is perfect for those seeking a peaceful escape from city life.
Last Month Property Summary
The current market in 2722, NSW suggests a shift towards a more balanced market, as the median days on market and new sold listings have decreased slightly, while the median sold price has increased, indicating a slight preference towards sellers.
Property Type Breakdown
In postcode 2722, the property stock is diverse, with 48% of listings being houses, followed by 19% of vacant land options, making it an ideal location for those looking to build their dream home or invest in rural lifestyle opportunities.
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 2722 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
The average monthly change in the median sold price of properties in postcode 2722 during the period shown below was $7738. The trend shows an increase in the median sold price over time.
Price - By Property Type
Price - By Suburb
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