Lake Macquarie East - Hunter - Sale Price Report
Posted on November 15, 2023 • 9 minutes • 1756 words
Property analysis sections
Welcome
Welcome to the Property Panther Lake Macquarie East 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
Lake Macquarie East in NSW is a picturesque area known for its stunning lake views and relaxed waterfront lifestyle. With a diverse range of housing options including waterfront properties, spacious family homes, and modern apartments, buyers can find their dream home in this idyllic location.
Last Month Property Summary
The market in Lake Macquarie East in Hunter Region is shifting towards a more balanced state as the number of new sale listings decreased, median days on market and median sold price increased slightly.
Property Type Breakdown
In Lake Macquarie East, NSW Australia, the property stock is dominated by houses making up 54% of the listings, followed by vacant land at 14%, and new house & land packages at 10%, giving potential buyers plenty of options when searching for their dream home in this stunning lakeside region.
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
This chart shows how many properties were sold in Lake Macquarie East during the month of September. Each bar in the chart represents a range of days that properties were up for sale before they were sold. Properties that were on the market for more than 200 days are not included.
The average monthly change in the Days on Market for properties in Lake Macquarie East 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
This chart shows the distribution of property sale prices in Lake Macquarie East during the month of September. Each bar in the chart represents a range of prices for properties sold.
The average monthly change in the median sold price of properties in Lake Macquarie East during the period shown below was $-7652. The trend shows a decrease in the median sold price over time.
Price - By Property Type
Price - By Suburb
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