Property Panther
November 15, 2023

Postcode: 2360, NSW - Sale Price Report

Posted on November 15, 2023  •  6 minutes  • 1162 words
Property analysis sections

Welcome

Welcome to the Property Panther 2360 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 2360 in NSW! This diverse region, encompassing suburbs like Inverell, Graman, and Wandera, offers a range of housing options, from charming country cottages to spacious family homes, allowing buyers to embrace a relaxed and enjoyable lifestyle surrounded by natural beauty and a strong sense of community.

Last Month Property Summary

In 2360 in NSW, the real estate market has shifted towards being more favorable for buyers as the median days on market and new sale listings have increased, while the median sold price remains unchanged.

98▲142%Median Sold Days on Market18▲13%Sold Properties$375k-Median Sold Price

Property Type Breakdown

In the beautiful postcode 2360 of NSW Australia, house listings dominate the property stock at 56%, providing a range of options for those seeking their dream home or investment property, closely followed by rural properties at 18%, offering a serene escape from the bustling city life.

55.4%17.8%12.9%8.91%4.95%
HouseRuralVacant landAcreage / Semi-RuralOtherLive 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 2360 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.

02040608000.511.522.53
Range of Days on MarketDays on MarketProperties Sold

The average monthly change in the Days on Market for properties in postcode 2360 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 2023020406080100
Property Median Sold Days On MarketMonthProperty Median Sold Days On Market

Time On Market - By Property Type

05010015020000.511.522.533.54
HouseRuralDays on Market by Property TypeDays on MarketProperties Sold

Jan 2022Jul 2022Jan 2023Jul 2023050100150200250300350400450
ApartmentFarmHouseLandRuralProperty Median Sold Days On MarketMonthProperty Median Sold Days On Market

Time On Market - By Suburb

NA – NA
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No data

Property Transaction Volume

Transaction Volume - Overall

Oct 2021Jan 2022Apr 2022Jul 2022Oct 2022Jan 2023Apr 2023Jul 202305101520253035
Properties SoldMonthProperties Sold

Transaction Volume - By Property Type

Jan 2022Jul 2022Jan 2023Jul 20230510152025
ApartmentFarmHouseLandRuralProperties SoldMonthProperties Sold

Transaction Volume - By Suburb

0 – 0
0 – 0
0 – 0
0 – 0
0 – 0
0 – 0
0 – 0
0 – 0
0 – 0
0 – 0

Property Price

Price - Overall

This chart shows the distribution of property sale prices in postcode 2360 during the month of September. Each bar in the chart represents a range of prices for properties sold.

00.2M0.4M0.6M0.8M1M00.511.522.53
Range of Property Sold PriceSold PriceNumber of Properties

The average monthly change in the median sold price of properties in postcode 2360 during the period shown below was $1783. The trend shows an increase in the median sold price over time.

Oct 2021Jan 2022Apr 2022Jul 2022Oct 2022Jan 2023Apr 2023Jul 2023050k100k150k200k250k300k350k400k450k
Property Median Sold PriceMonthProperty Median Sold Price

Price - By Property Type

750k00.511.52
HouseRuralProperty Prices by Property TypeProperty PriceProperties Sold

Jan 2022Jul 2022Jan 2023Jul 202300.5M1M1.5M2M2.5M3M
ApartmentFarmHouseLandRuralProperty Median Sold PriceMonthProperty Median Sold Price

Price - By Suburb

$NA – NA
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$NA – NA
No data

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