Postcode: 2024, NSW - Sale Price Report
Posted on November 15, 2023 • 4 minutes • 765 words
Property analysis sections
Welcome
Welcome to the Property Panther 2024 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 2024 in NSW, home to the picturesque suburbs of Bronte, Charing Cross, and Waverley. This sought-after area boasts a diverse housing stock, including charming period homes and modern developments, offering buyers a captivating blend of coastal living, relaxed neighborhood vibes, and easy access to stunning beaches and trendy cafes.
Last Month Property Summary
In 2024 in NSW, the market appears to have shifted towards sellers, as there is a decrease in median days on market and an increase in both new sold listings and median sold price compared to the prior month.
Property Type Breakdown
Postcode 2024 in NSW Australia offers a diverse property stock, with houses dominating the market at 73% of listings, followed by apartments and units at 19%, and a small but attractive selection of block units at 8%.
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
The average monthly change in the Days on Market for properties in postcode 2024 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
The average monthly change in the median sold price of properties in postcode 2024 during the period shown below was $36087. The trend shows an increase in the median sold price over time.
Price - By Property Type
Price - By Suburb
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