Tamworth - Greater Region - New England - Sale Price Report
Posted on November 15, 2023 • 7 minutes • 1483 words
Property analysis sections
Welcome
Welcome to the Property Panther Tamworth - 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 Tamworth - Greater Region, a picturesque area in New South Wales that offers a relaxed and peaceful lifestyle for property buyers. With a diverse housing stock, ranging from charming heritage homes to modern properties, this region provides a wide range of choices for those looking to settle amidst stunning landscapes and enjoy a vibrant community spirit. Whether you’re searching for a property with rural views or conveniences of a city, Tamworth - Greater Region has something to offer for everyone’s unique preferences.
Last Month Property Summary
In Tamworth - Greater Region in New England, the housing market seems to be shifting towards a buyers market as the median days on market and new sold listings have increased while the median sold price has slightly decreased.
Property Type Breakdown
In the vibrant and diverse property market of Tamworth - Greater Region, houses make up the majority of listings at 58%, followed by vacant land at 25%; and for those seeking something unique, other properties make up 7% of the market, providing a wide range of options for prospective 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 Tamworth - 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 Tamworth - Greater Region during the period shown below was 2 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 Tamworth - 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 Tamworth - Greater Region during the period shown below was $6196. The trend shows an increase in the median sold price over time.
Price - By Property Type
Price - By Suburb
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