Property Panther
November 15, 2023

Postcode: 2481, NSW - Sale Price Report

Posted on November 15, 2023  •  5 minutes  • 977 words
Property analysis sections

Welcome

Welcome to the Property Panther 2481 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 2481 in NSW, where diverse suburbs like Suffolk Park, Belongil, and Byron Bay offer a unique coastal lifestyle with a mix of housing options, from beachside properties to rural retreats, catering to the diverse needs and preferences of property buyers. Experience the laid-back atmosphere, stunning beaches, and a tight-knit community that make this postcode a desirable destination for those seeking a relaxed and enriching lifestyle.

Last Month Property Summary

In 2481, NSW, there is a shift towards a more seller’s market as the median sold price increases and the median days on market slightly increase, while the number of new sold listings also increases.

114▲4%Median Sold Days on Market15▲50%Sold Properties$2.2M▲32%Median Sold Price

Property Type Breakdown

The property stock in postcode 2481 in NSW Australia is predominantly comprised of houses, making up 66% of the sale listings, followed by apartments, vacant land, townhouses, other types of properties, and acreage or semi-rural properties, respectively, creating a diverse range of options for potential buyers.

66.7%15.2%5.05%5.05%5.05%3.03%
HouseApartment / Unit / FlatVacant landTownhouseOtherAcreage / 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

This chart shows how many properties were sold in postcode 2481 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.

02040608010012014000.511.522.53
Range of Days on MarketDays on MarketProperties Sold

The average monthly change in the Days on Market for properties in postcode 2481 during the period shown below was 4 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 2023020406080100120
Property Median Sold Days On MarketMonthProperty Median Sold Days On Market

Time On Market - By Property Type

10030000.511.52
ApartmentDuplexHouseDays on Market by Property TypeDays on MarketProperties Sold

Jan 2022Jul 2022Jan 2023Jul 2023020406080100120140160180
ApartmentFarmHouseTownhouseUnitProperty Median Sold Days On MarketMonthProperty Median Sold Days On Market

Time On Market - By Suburb

119 – 123
123 – 127
127 – 132
132 – 136
136 – 140
140 – 156
156 – 171
171 – 187
187 – 203
203 – 218
No data

Property Transaction Volume

Transaction Volume - Overall

Oct 2021Jan 2022Apr 2022Jul 2022Oct 2022Jan 2023Apr 2023Jul 2023051015202530
Properties SoldMonthProperties Sold

Transaction Volume - By Property Type

Jan 2022Jul 2022Jan 2023Jul 202302468101214
ApartmentFarmHouseTownhouseUnitProperties SoldMonthProperties Sold

Transaction Volume - By Suburb

0 – 0
0 – 0
0 – 0
0 – 1
1 – 1
1 – 2
2 – 2
2 – 3
3 – 4
4 – 4

Property Price

Price - Overall

This chart shows the distribution of property sale prices in postcode 2481 during the month of September. Each bar in the chart represents a range of prices for properties sold.

3.5999996M3.5999998M3.6M3.6000002M3.6000004M00.20.40.60.81
Range of Property Sold PriceSold PriceNumber of Properties

The average monthly change in the median sold price of properties in postcode 2481 during the period shown below was $-10022. The trend shows a decrease in the median sold price over time.

Oct 2021Jan 2022Apr 2022Jul 2022Oct 2022Jan 2023Apr 2023Jul 202300.5M1M1.5M2M2.5M3M
Property Median Sold PriceMonthProperty Median Sold Price

Price - By Property Type

3.5999996M3.5999998M3.6M3.6000002M3.6000004M00.20.40.60.81
Property Prices by Property TypeProperty PriceProperties Sold

Jan 2022Jul 2022Jan 2023Jul 202305M10M15M20M25M
ApartmentFarmHouseTownhouseUnitProperty Median Sold PriceMonthProperty Median Sold Price

Price - By Suburb

$968,500 – 1,231,650
$1,231,650 – 1,494,800
$1,494,800 – 1,757,950
$1,757,950 – 2,021,100
$2,021,100 – 2,284,250
$2,284,250 – 2,547,400
$2,547,400 – 2,810,550
$2,810,550 – 3,073,700
$3,073,700 – 3,336,850
$3,336,850 – 3,600,000
No data

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