Postcode: 2490, NSW - Sale Price Report
Posted on November 15, 2023 • 4 minutes • 774 words
Property analysis sections
Welcome
Welcome to the Property Panther 2490 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 of 2490 in NSW! This charming area, encompassing Tumbulgum and North Tumbulgum, offers a peaceful riverside lifestyle, surrounded by picturesque nature and a close-knit community. With a mix of historical homes and modern properties, this postcode caters to diverse housing needs, making it an exciting destination for property buyers seeking a tranquil yet connected lifestyle.
Last Month Property Summary
In the 2490 area of NSW, it is currently more of a seller’s market based on the increase in median days on market and decrease in median sold price from the prior month.
Property Type Breakdown
In the vibrant postcode 2490 of NSW Australia, the property market boasts a diverse mix of listing types, with houses taking the lead at 73%, while vacant land, apartments, and acreage offer enticing options for those seeking a slice of paradise.
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
The average monthly change in the Days on Market for properties in postcode 2490 during the period shown below was -34 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
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Property Transaction Volume
Transaction Volume - Overall
Transaction Volume - By Property Type
Transaction Volume - By Suburb
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Property Price
Price - Overall
The average monthly change in the median sold price of properties in postcode 2490 during the period shown below was $68667. The trend shows an increase in the median sold price over time.
Price - By Property Type
Price - By Suburb
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