Property Panther
November 15, 2023

Postcode: 2017, NSW - Sale Price Report

Posted on November 15, 2023  •  5 minutes  • 1064 words
Property analysis sections

Welcome

Welcome to the Property Panther 2017 postcode 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 vibrant postcode of 2017 in NSW, home to the inner-city suburbs of Victoria Park, Waterloo, and Zetland. This dynamic area is known for its diverse housing stock, ranging from modern apartments to charming terrace houses, offering a unique lifestyle that combines urban convenience with a sense of community.

Last Month Property Summary

In 2017 in NSW, the market shifted towards buyers as the median days on market and median sold price decreased while new sold listings increased.

34.5▲57%Median Sold Days on Market44▲83%Sold Properties$914k▼−11%Median Sold Price

Property Type Breakdown

In the vibrant postcode 2017 of NSW Australia, apartments take center stage, accounting for an impressive 93% of sale listings in 2017, highlighting the allure of modern urban living in this area.

93%3%2%2%
Apartment / Unit / FlatNew Apartments / Off the PlanHouseOtherLive Sale Listings by Property Type

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 postcode 2017 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.

02040608010012014001234567
Range of Days on MarketDays on MarketProperties Sold

The average monthly change in the Days on Market for properties in postcode 2017 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.

Oct 2021Jan 2022Apr 2022Jul 2022Oct 2022Jan 2023Apr 2023Jul 20230102030405060708090
Property Median Sold Days On MarketMonthProperty Median Sold Days On Market

Time On Market - By Property Type

24.574.5012345
ApartmentTerraceTownhouseUnitDays on Market by Property TypeDays on MarketProperties Sold

Jan 2022Jul 2022Jan 2023Jul 2023020406080100120140160180
ApartmentHouseUnitProperty Median Sold Days On MarketMonthProperty Median Sold Days On Market

Time On Market - By Suburb

27 – 29
29 – 30
30 – 32
32 – 33
33 – 34
34 – 36
36 – 37
37 – 39
39 – 40
40 – 41

Property Transaction Volume

Transaction Volume - Overall

Oct 2021Jan 2022Apr 2022Jul 2022Oct 2022Jan 2023Apr 2023Jul 202301020304050
Properties SoldMonthProperties Sold

Transaction Volume - By Property Type

Jan 2022Jul 2022Jan 2023Jul 20230510152025303540
ApartmentHouseUnitProperties SoldMonthProperties Sold

Transaction Volume - By Suburb

6 – 6
6 – 6
6 – 6
6 – 7
7 – 7
7 – 7
7 – 7
7 – 8
8 – 8
8 – 8

Property Price

Price - Overall

This chart shows the distribution of property sale prices in postcode 2017 during the month of September. Each bar in the chart represents a range of prices for properties sold.

0.5M1M1.5M2M2.5M012345
Range of Property Sold PriceSold PriceNumber of Properties

The average monthly change in the median sold price of properties in postcode 2017 during the period shown below was $-4391. The trend shows a decrease in the median sold price over time.

Oct 2021Jan 2022Apr 2022Jul 2022Oct 2022Jan 2023Apr 2023Jul 202300.2M0.4M0.6M0.8M1M
Property Median Sold PriceMonthProperty Median Sold Price

Price - By Property Type

0.75M1.25M012345
ApartmentUnitProperty Prices by Property TypeProperty PriceProperties Sold

Jan 2022Jul 2022Jan 2023Jul 202300.5M1M1.5M2M2.5M
ApartmentHouseUnitProperty Median Sold PriceMonthProperty Median Sold Price

Price - By Suburb

$766,000 – 793,650
$793,650 – 821,300
$821,300 – 848,950
$848,950 – 876,600
$876,600 – 904,250
$904,250 – 931,900
$931,900 – 959,550
$959,550 – 987,200
$987,200 – 1,014,850
$1,014,850 – 1,042,500

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