Postcode: 2120, NSW - Sale Price Report
Posted on November 15, 2023 • 5 minutes • 985 words
Property analysis sections
Welcome
Welcome to the Property Panther 2120 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 2120 in NSW, encompassing Thornleigh, Pennant Hills, and Westleigh. This sought-after area boasts a diverse housing stock, including spacious family homes, townhouses, and modern apartments, while offering residents a relaxed and leafy lifestyle with easy access to parks, schools, and excellent transport links for a convenient commute to the city.
Last Month Property Summary
In July 2023, the NSW real estate market appeared to be more favorable for sellers with a median sold price of $1,842,500 and a relatively short median of 26.5 days on market, while in August 2023, it shifted towards a more balanced market with a slightly lower median sold price of $1,800,000 and an increased median of 40.5 days on market.
Property Type Breakdown
Welcome to postcode 2120 in NSW, Australia, where the property market offers a diverse range of options, with houses comprising 57% of the listings, followed by apartments at 23%, new off the plan developments at 9%, townhouses at 7%, and vacant lands and studios each accounting for 2% of the listings, ensuring there’s something for everyone in this vibrant and sought-after location.
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 2120 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 postcode 2120 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
25 – 25
25 – 26
26 – 26
26 – 27
27 – 27
27 – 27
27 – 28
28 – 28
28 – 28
No data
Property Transaction Volume
Transaction Volume - Overall
Transaction Volume - By Property Type
Transaction Volume - By Suburb
1 – 1
1 – 1
1 – 1
1 – 1
1 – 3
3 – 4
4 – 6
6 – 7
7 – 9
Property Price
Price - Overall
This chart shows the distribution of property sale prices in postcode 2120 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 postcode 2120 during the period shown below was $-2174. The trend shows a decrease in the median sold price over time.
Price - By Property Type
Price - By Suburb
$1,486,000 – 1,634,000
$1,634,000 – 1,782,000
$1,782,000 – 1,930,000
$1,930,000 – 2,078,000
$2,078,000 – 2,104,500
$2,104,500 – 2,131,000
$2,131,000 – 2,157,500
$2,157,500 – 2,184,000
$2,184,000 – 2,210,500
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