Property Panther
November 15, 2023

Postcode: 2162, NSW - Sale Price Report

Posted on November 15, 2023  •  5 minutes  • 964 words
Property analysis sections

Welcome

Welcome to the Property Panther 2162 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 2162 in NSW! With charming suburbs like Chester Hill and Sefton, this area offers a diverse range of housing options and a relaxed lifestyle, making it an ideal location for property buyers looking for a comfortable and affordable living.

Last Month Property Summary

In 2162 in NSW, the median days on market decreased from 49 to 44, indicating a slightly more favorable market for sellers. However, the number of new sold listings and median sold price remained relatively stable.

44▼−10%Median Sold Days on Market13▲44%Sold Properties$1.0M▼−4%Median Sold Price

Property Type Breakdown

In the vibrant postcode 2162 of NSW Australia, the property stock offers a diverse range of options, from spacious houses dominating the market at 65% to stylish apartments, semi-detached homes, townhouses, and duplexes, each catering to different lifestyles and preferences.

65%17%10%5%3%
HouseApartment / Unit / FlatSemi-DetachedTownhouseDuplexLive 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 2162 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.

02040608000.511.522.533.54
Range of Days on MarketDays on MarketProperties Sold

The average monthly change in the Days on Market for properties in postcode 2162 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.

Oct 2021Jan 2022Apr 2022Jul 2022Oct 2022Jan 2023Apr 2023Jul 202301020304050607080
Property Median Sold Days On MarketMonthProperty Median Sold Days On Market

Time On Market - By Property Type

24.574.500.511.522.53
ApartmentHouseDays on Market by Property TypeDays on MarketProperties Sold

Jan 2022Jul 2022Jan 2023Jul 2023050100150200
ApartmentDuplexHouseSemi-DetachedTownhouseVillaProperty Median Sold Days On MarketMonthProperty Median Sold Days On Market

Time On Market - By Suburb

31 – 33
33 – 35
35 – 37
37 – 40
40 – 42
42 – 44
44 – 46
46 – 48
48 – 51
51 – 53

Property Transaction Volume

Transaction Volume - Overall

Oct 2021Jan 2022Apr 2022Jul 2022Oct 2022Jan 2023Apr 2023Jul 202305101520
Properties SoldMonthProperties Sold

Transaction Volume - By Property Type

Jan 2022Jul 2022Jan 2023Jul 202305101520
ApartmentDuplexHouseSemi-DetachedTownhouseVillaProperties SoldMonthProperties Sold

Transaction Volume - By Suburb

3 – 3
3 – 3
3 – 3
3 – 3
3 – 4
4 – 4
4 – 4
4 – 4
4 – 4
4 – 5

Property Price

Price - Overall

This chart shows the distribution of property sale prices in postcode 2162 during the month of September. Each bar in the chart represents a range of prices for properties sold.

00.5M1M1.5M2M00.511.52
Range of Property Sold PriceSold PriceNumber of Properties

The average monthly change in the median sold price of properties in postcode 2162 during the period shown below was $3000. The trend shows an increase in the median sold price over time.

Oct 2021Jan 2022Apr 2022Jul 2022Oct 2022Jan 2023Apr 2023Jul 202300.2M0.4M0.6M0.8M1M1.2M
Property Median Sold PriceMonthProperty Median Sold Price

Price - By Property Type

0.4M0.6M0.8M1M1.2M1.4M1.6M00.511.52
ApartmentHouseProperty Prices by Property TypeProperty PriceProperties Sold

Jan 2022Jul 2022Jan 2023Jul 202300.2M0.4M0.6M0.8M1M1.2M
ApartmentDuplexHouseSemi-DetachedTownhouseVillaProperty Median Sold PriceMonthProperty Median Sold Price

Price - By Suburb

$1,095,000 – 1,100,500
$1,100,500 – 1,106,000
$1,106,000 – 1,111,500
$1,111,500 – 1,117,000
$1,117,000 – 1,122,500
$1,122,500 – 1,128,000
$1,128,000 – 1,133,500
$1,133,500 – 1,139,000
$1,139,000 – 1,144,500
$1,144,500 – 1,150,000

Thanks for reading our property analysis! We value your feedback. Please take a moment to complete our survey.

Property Panther

Guiding Your Property Decisions