Taree - Greater Region - Mid North Coast - Sale Price Report
Posted on November 15, 2023 • 12 minutes • 2352 words
Property analysis sections
Welcome
Welcome to the Property Panther Taree - 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 Taree - Greater Region, a charming area in New South Wales perfect for property buyers seeking a peaceful lifestyle. With its diverse housing stock, including spacious family homes and quaint cottages, coupled with its stunning natural surroundings, this area offers a relaxing and idyllic place to call home.
Last Month Property Summary
The Taree - Greater Region in Mid North Coast experienced a shift towards a sellers market, with a decrease in median days on market and an increase in median sold price, accompanied by a decrease in new sold listings.
Property Type Breakdown
In the Taree - Greater Region of NSW Australia, the property market offers a diverse range of options, with houses comprising 40% of sale listings, vacant land at 22%, and other unique properties accounting for 10%. Additionally, rural properties, new house & land packages, and acreage/semi-rural homes contribute towards the variety, making it an exciting market for potential buyers or investors.
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 Taree - 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 Taree - 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 Taree - 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 Taree - Greater Region during the period shown below was $1957. The trend shows an increase in the median sold price over time.
Price - By Property Type
Price - By Suburb
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