Postcode: 2259, NSW - Sale Price Report
Posted on November 15, 2023 • 9 minutes • 1771 words
Property analysis sections
Welcome
Welcome to the Property Panther 2259 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 postcode 2259 in NSW! This diverse area offers a range of suburbs, from tranquil lakeside communities like Wyee Point and Lake Munmorah to rural retreats in Yarramalong. With a variety of housing stock and a laid-back coastal lifestyle, 2259 is the perfect place for property buyers looking for a mix of serenity and convenience.
Last Month Property Summary
The market in 2259 in NSW has shifted slightly towards a buyer’s market as the median days on market increased, the number of new sale listings decreased, and the median sold price decreased slightly.
Property Type Breakdown
Looking to buy property in postcode 2259, NSW Australia? Houses make up the majority of the market at 42%, closely followed by new house and land packages at 31%, offering a range of options for homebuyers.
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 2259 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 2259 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
11 – 11
11 – 28
28 – 45
45 – 55
55 – 65
65 – 120
120 – 175
175 – 179
179 – 183
No data
Property Transaction Volume
Transaction Volume - Overall
Transaction Volume - By Property Type
Transaction Volume - By Suburb
0 – 0
0 – 0
0 – 0
0 – 0
0 – 0
0 – 0
0 – 1
1 – 1
1 – 2
Property Price
Price - Overall
This chart shows the distribution of property sale prices in postcode 2259 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 2259 during the period shown below was $-503. The trend shows a decrease in the median sold price over time.
Price - By Property Type
Price - By Suburb
$651,200 – 657,400
$657,400 – 672,400
$672,400 – 696,200
$696,200 – 720,000
$720,000 – 740,800
$740,800 – 761,600
$761,600 – 857,600
$857,600 – 1,028,800
$1,028,800 – 1,200,000
No data
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