Postcode: 2865, NSW - Sale Price Report
Posted on November 15, 2023 • 4 minutes • 795 words
Property analysis sections
Welcome
Welcome to the Property Panther 2865 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 2865, nestled in the picturesque region of New South Wales. This charming area, encompassing the suburbs of Bocobra, Gumble, and Manildra, offers a peaceful and idyllic lifestyle, with a range of housing options to suit every buyer’s preferences.
Last Month Property Summary
In the month of July, there was a relatively balanced market in 2865 in NSW, with median days on market at 66, one new sold listing, and a median sold price of $430,000, however in August, the market shifted towards buyers with median days on market at 83.5, two new sold listings, and a lower median sold price of $257,500.
Property Type Breakdown
In postcode 2865, NSW Australia, vacant land dominates the property stock with 38% of all listings, closely followed by new house & land packages at 25%, showcasing ample opportunities for prospective buyers to shape their dream homes in this picturesque setting.
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 2865 during the period shown below was 9 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 2865 during the period shown below was $-530000. The trend shows a decrease in the median sold price over time.
Price - By Property Type
Price - By Suburb
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