Property Panther
November 15, 2023

Postcode: 2778, NSW - Sale Price Report

Posted on November 15, 2023  •  4 minutes  • 823 words
Property analysis sections

Welcome

Welcome to the Property Panther 2778 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 2778 in NSW! This area, encompassing the suburbs of Woodford and Linden, offers a picturesque and tranquil lifestyle amidst a range of architectural styles, from charming heritage homes to contemporary dwellings. Embark on a property journey where bushwalks, community events, and a strong sense of community spirit await.

Last Month Property Summary

In 2778, NSW, it appears to be a balanced market with slightly more buyer activity, as there were 3 new sale listings, 3 new sold listings, and a median sold price of $821,700 with a median of 41.5 days on the market.

Property Type Breakdown

In the scenic postcode 2778 of NSW, Australia, the property stock is predominantly comprised of picturesque vacant land, taking up a staggering 55% of the sale listings, while charming houses claim 45%, giving potential buyers ample choice to create their ideal dream home.

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 2778 during the period shown below was 3 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 2778 during the period shown below was $8934. The trend shows an increase 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.

Property Panther

Guiding Your Property Decisions