Far South Coast - Illawarra & South Coast - Sale Price Report
Posted on November 15, 2023 • 11 minutes • 2297 words
Property analysis sections
Welcome
Welcome to the Property Panther Far South Coast 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 stunning Far South Coast of NSW, a paradise for property seekers seeking a laid-back coastal lifestyle. With its pristine beaches, picturesque national parks, and charming seaside towns, the area offers a diverse housing stock, featuring everything from coastal cottages to modern beachfront properties, making it an enticing destination for buyers looking for their dream home by the sea.
Last Month Property Summary
In the Far South Coast of Illawarra & South Coast, the market has shifted towards a more favorable position for sellers, as indicated by a decrease in median days on market, a decrease in new sold listings, and an increase in median sold price between the prior and current month.
Property Type Breakdown
The property stock on Far South Coast in NSW Australia offers a diverse range of options, with houses accounting for 44% of the listings, followed by vacant land at 25%, demonstrating the region’s potential for both building new homes or investing in existing ones.
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 Far South Coast 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 Far South Coast 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 Far South Coast 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 Far South Coast during the period shown below was $7065. The trend shows an increase in the median sold price over time.
Price - By Property Type
Price - By Suburb
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