Port Macquarie - Greater Region - Mid North Coast - Sale Price Report
Posted on November 15, 2023 • 13 minutes • 2621 words
Property analysis sections
Welcome
Welcome to the Property Panther Port Macquarie - Greater Region 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 Port Macquarie - Greater Region, a picturesque coastal area with a thriving property market. Boasting a diverse housing stock, ranging from charming beachside cottages to modern family homes, this region offers a relaxed coastal lifestyle with stunning beaches, abundant outdoor activities, and a friendly community vibe.
Last Month Property Summary
In the Port Macquarie - Greater Region in Mid North Coast, the market has shifted towards sellers with a decrease in median days on market, an increase in median sold price, and a decrease in new sale listings between August and September.
Property Type Breakdown
Port Macquarie - Greater Region in NSW, Australia offers a diverse range of property options, with houses comprising 41% of sale listings, followed by vacant land at 18%, and new house and land packages at 16%. Additionally, there are also unique property types such as apartments, rural properties, villas, acreages, townhouses, and other options available, providing a wide array of choices for potential buyers.
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 Port Macquarie - Greater Region 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 Port Macquarie - Greater Region 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 Port Macquarie - Greater Region 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 Port Macquarie - Greater Region during the period shown below was $-3261. The trend shows a decrease in the median sold price over time.
Price - By Property Type
Price - By Suburb
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