Property Panther
November 15, 2023

Postcode: 2403, NSW - Sale Price Report

Posted on November 15, 2023  •  4 minutes  • 783 words
Property analysis sections

Welcome

Welcome to the Property Panther 2403 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 2403 in NSW! This area, encompassing Balfours Peak, Myall Creek, Gragin, and Delungra, offers a diverse housing stock ranging from charming country cottages to spacious modern homes, providing buyers with options to suit their preferences. Enjoy the laid-back rural lifestyle, stunning natural beauty, and friendly community that make this postcode an attractive choice for property buyers.

Last Month Property Summary

Based on the limited data provided, it is difficult to determine whether the market in 2403, NSW is more favorable for buyers or sellers as there is not enough information on median days on market, new sold listings, and median sold price for both the current and prior month.

--Median Sold Days on Market1-Sold Properties$59k-Median Sold Price

Property Type Breakdown

In the picturesque postcode 2403 of NSW, Australia, the property stock offers a diverse array of options with 63% rural properties, 25% houses, and an intriguing 13% specialist farms – a perfect blend of countryside charm and unique opportunities.

62.4%24.8%12.9%
RuralHouseSpecialist FarmLive 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 2403 during the period shown below was 45 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 2023020406080100120140160
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 202301020304050607080
FarmHouseProperty 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 202300.511.522.533.54
Properties SoldMonthProperties Sold

Transaction Volume - By Property Type

Jan 2022Apr 2022Jul 2022Oct 2022Jan 2023Apr 2023Jul 202300.511.52
FarmHouseLandProperties 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 2403 during the period shown below was $523357. The trend shows an increase in the median sold price over time.

Oct 2021Jan 2022Apr 2022Jul 2022Oct 2022Jan 2023Apr 2023Jul 202300.5M1M1.5M2M2.5M3M3.5M
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 202300.5M1M1.5M2M2.5M3M3.5M
FarmHouseLandProperty Median Sold PriceMonthProperty Median Sold Price

Price - By Suburb

$NA – NA
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$NA – NA
$NA – NA
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$NA – NA
$NA – NA
No data

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