Property Panther
November 15, 2023

Postcode: 2166, NSW - Sale Price Report

Posted on November 15, 2023  •  5 minutes  • 950 words
Property analysis sections

Welcome

Welcome to the Property Panther 2166 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

Postcode 2166 in NSW encompasses vibrant suburbs such as Cabramatta, Lansvale, Canley Heights, Canley Vale, and Cabramatta West. Known for their diverse housing stock, from affordable apartments to spacious family homes, these areas offer a lively lifestyle with an array of multicultural dining options, bustling markets, and close proximity to public transport.

Last Month Property Summary

In 2166 NSW, the market shifted towards sellers in the prior month, with increased median sold price, fewer median days on market and more new sold listings compared to the current month, indicating more demand and competition for properties.

29.5▼−61%Median Sold Days on Market30▲11%Sold Properties$1.0M▲25%Median Sold Price

Property Type Breakdown

Looking to buy in postcode 2166? With a diverse range of property types available, including houses, apartments, townhouses, and more, you’re sure to find the perfect home to suit your needs.

48%34%7%5%4%2%
HouseApartment / Unit / FlatTownhouseSemi-DetachedVacant landOtherLive 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 2166 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.

02040608010012014000.511.52
Range of Days on MarketDays on MarketProperties Sold

The average monthly change in the Days on Market for properties in postcode 2166 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 202301020304050607080
Property Median Sold Days On MarketMonthProperty Median Sold Days On Market

Time On Market - By Property Type

02040608010000.511.52
Days on Market by Property TypeDays on MarketProperties Sold

Jan 2022Jul 2022Jan 2023Jul 2023050100150200
ApartmentHouseSemi-DetachedTownhouseProperty Median Sold Days On MarketMonthProperty Median Sold Days On Market

Time On Market - By Suburb

27 – 30
30 – 33
33 – 35
35 – 38
38 – 41
41 – 53
53 – 65
65 – 77
77 – 90
90 – 102
No data

Property Transaction Volume

Transaction Volume - Overall

Oct 2021Jan 2022Apr 2022Jul 2022Oct 2022Jan 2023Apr 2023Jul 20230510152025303540
Properties SoldMonthProperties Sold

Transaction Volume - By Property Type

Jan 2022Jul 2022Jan 2023Jul 2023051015202530
ApartmentHouseSemi-DetachedTownhouseProperties SoldMonthProperties Sold

Transaction Volume - By Suburb

0 – 0
0 – 1
1 – 1
1 – 1
1 – 1
1 – 2
2 – 2
2 – 3
3 – 3
3 – 3

Property Price

Price - Overall

This chart shows the distribution of property sale prices in postcode 2166 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 2166 during the period shown below was $8065. The trend shows an increase 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

0.6M0.8M1M1.2M00.511.52
Property Prices by Property TypeProperty PriceProperties Sold

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

Price - By Suburb

$420,000 – 554,200
$554,200 – 688,400
$688,400 – 822,600
$822,600 – 956,800
$956,800 – 1,091,000
$1,091,000 – 1,179,800
$1,179,800 – 1,268,600
$1,268,600 – 1,357,400
$1,357,400 – 1,446,200
$1,446,200 – 1,535,000
No data

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