Property Panther
November 15, 2023

Postcode: 2371, NSW - Sale Price Report

Posted on November 15, 2023  •  4 minutes  • 776 words
Property analysis sections

Welcome

Welcome to the Property Panther 2371 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 majestic postcode 2371 in NSW, home to charming suburbs like Deepwater, Rocky Creek, and Emmaville. This idyllic area boasts a diverse housing stock ranging from quaint country cottages to sprawling rural estates, while offering a peaceful lifestyle surrounded by picturesque landscapes, perfect for those seeking a tranquil retreat.

Last Month Property Summary

Based on the given numbers, it appears that the housing market in 2371, NSW has shifted from a seller’s market in July to a buyer’s market in August due to the increased median days on market and decreased median sold price.

72▲380%Median Sold Days on Market3▲200%Sold Properties$183k▼−65%Median Sold Price

Property Type Breakdown

Welcome to the property stock overview for postcode 2371 in NSW, Australia, where the offerings include a diverse range of properties, from charming houses and sprawling rural estates to vacant land waiting for your dream home to be built, ensuring there’s something for every aspiring homeowner and investor.

45.5%34.3%17.2%3.03%
HouseRuralVacant landAcreage / Semi-RuralLive 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

−10123456−101234
Range of Days on MarketDays on MarketProperties Sold

The average monthly change in the Days on Market for properties in postcode 2371 during the period shown below was -10 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 2023050100150200250
Property Median Sold Days On MarketMonthProperty Median Sold Days On Market

Time On Market - By Property Type

−1−0.500.51−101234
Days on Market by Property TypeDays on MarketProperties Sold

Jan 2022Apr 2022Jul 2022Oct 2022Jan 2023Apr 2023Jul 20230100200300400500600700800
FarmHouseLandRuralProperty 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 2023024681012
Properties SoldMonthProperties Sold

Transaction Volume - By Property Type

Jan 2022Apr 2022Jul 2022Oct 2022Jan 2023Apr 2023Jul 202300.511.522.533.54
FarmHouseLandRuralProperties 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

−10123456−101234
Range of Property Sold PriceSold PriceNumber of Properties

The average monthly change in the median sold price of properties in postcode 2371 during the period shown below was $-9464. The trend shows a decrease in the median sold price over time.

Oct 2021Jan 2022Apr 2022Jul 2022Oct 2022Jan 2023Apr 2023Jul 202301M2M3M4M5M
Property Median Sold PriceMonthProperty Median Sold Price

Price - By Property Type

−10123456−101234
Property Prices by Property TypeProperty PriceProperties Sold

Jan 2022Apr 2022Jul 2022Oct 2022Jan 2023Apr 2023Jul 202301M2M3M4M5M
FarmHouseLandRuralProperty Median Sold PriceMonthProperty Median Sold Price

Price - By Suburb

$NA – NA
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No data

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