Eastern Suburbs - Sydney - Sale Price Report
Posted on November 15, 2023 • 13 minutes • 2734 words
Property analysis sections
Welcome
Welcome to the Property Panther Eastern Suburbs 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
The Eastern Suburbs of NSW offer a desirable blend of modern residential living, stunning coastal landscapes, and a vibrant lifestyle. With a diverse range of housing options, from heritage-listed homes to contemporary apartments, residents can enjoy the best of both worlds – access to beautiful beaches and parks, as well as an array of trendy cafes, boutique shops, and cultural attractions.
Last Month Property Summary
Over the past month in the Eastern Suburbs of Sydney, the market has shifted slightly towards sellers as indicated by a decrease in median days on market, an increase in median sold price, and a decrease in new sale listings.
Property Type Breakdown
Take a stroll through the Eastern Suburbs of NSW, Australia, and you’ll discover a property stock dominated by stylish apartments (66%), charming houses (24%), with a sprinkling of unique properties (7%) and cozy terraces (2%) - offering something for everyone’s taste and lifestyle.
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 Eastern Suburbs 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 Eastern Suburbs during the period shown below was 0 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 Eastern Suburbs 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 Eastern Suburbs during the period shown below was $-20837. The trend shows a decrease in the median sold price over time.
Price - By Property Type
Price - By Suburb
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