Property Panther
November 15, 2023

Postcode: 2541, NSW - Sale Price Report

Posted on November 15, 2023  •  7 minutes  • 1306 words
Property analysis sections

Welcome

Welcome to the Property Panther 2541 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

Discover the vibrant postcode 2541 in NSW, where charming suburbs like North Nowra, Nowra, Bomaderry, Bangalee, West Nowra, and South Nowra offer a diverse range of housing options and a relaxed coastal lifestyle. With a mix of traditional and modern homes, this area presents an exciting opportunity for property buyers searching for their perfect nest.

Last Month Property Summary

In 2541, NSW, the market seems to be shifting towards a sellers market, as indicated by a decrease in median days on market and median sold price from the prior month to the current month, while the number of new sold listings remains relatively consistent.

44.5▼−30%Median Sold Days on Market42▼−11%Sold Properties$690k▼−5%Median Sold Price

Property Type Breakdown

In postcode 2541 in NSW Australia, the property stock is predominantly made up of houses, which make up 75% of the sale listings, followed by vacant land (7%), apartments/units/flats (6%), villas (5%), townhouses (3%), semi-detached properties (2%), and other properties (2%).

75%7%6%5%3%2%2%
HouseVacant landApartment / Unit / FlatVillaTownhouseSemi-DetachedOtherLive 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 2541 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.

050100150012345678
Range of Days on MarketDays on MarketProperties Sold

The average monthly change in the Days on Market for properties in postcode 2541 during the period shown below was 1 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 202301020304050607080
Property Median Sold Days On MarketMonthProperty Median Sold Days On Market

Time On Market - By Property Type

24.574.5124.5174.5012345678
ApartmentHouseLandVillaDays on Market by Property TypeDays on MarketProperties Sold

Jan 2022Jul 2022Jan 2023Jul 2023050100150200250300
ApartmentHouseTownhouseVillaProperty Median Sold Days On MarketMonthProperty Median Sold Days On Market

Time On Market - By Suburb

21 – 29
29 – 36
36 – 43
43 – 47
47 – 49
49 – 50
50 – 56
56 – 68
68 – 81
81 – 93
No data

Property Transaction Volume

Transaction Volume - Overall

Oct 2021Jan 2022Apr 2022Jul 2022Oct 2022Jan 2023Apr 2023Jul 202301020304050
Properties SoldMonthProperties Sold

Transaction Volume - By Property Type

Jan 2022Jul 2022Jan 2023Jul 2023051015202530354045
ApartmentHouseTownhouseVillaProperties SoldMonthProperties Sold

Transaction Volume - By Suburb

0 – 1
1 – 1
1 – 2
2 – 2
2 – 3
3 – 4
4 – 5
5 – 5
5 – 6
6 – 8

Property Price

Price - Overall

This chart shows the distribution of property sale prices in postcode 2541 during the month of September. Each bar in the chart represents a range of prices for properties sold.

0.4M0.5M0.6M0.7M0.8M0.9M1M012345
Range of Property Sold PriceSold PriceNumber of Properties

The average monthly change in the median sold price of properties in postcode 2541 during the period shown below was $-109. The trend shows a decrease in the median sold price over time.

Oct 2021Jan 2022Apr 2022Jul 2022Oct 2022Jan 2023Apr 2023Jul 20230100k200k300k400k500k600k700k800k
Property Median Sold PriceMonthProperty Median Sold Price

Price - By Property Type

550k650k750k850k00.511.522.533.54
ApartmentHouseVillaProperty Prices by Property TypeProperty PriceProperties Sold

Jan 2022Jul 2022Jan 2023Jul 20230100k200k300k400k500k600k700k800k
ApartmentHouseTownhouseVillaProperty Median Sold PriceMonthProperty Median Sold Price

Price - By Suburb

$610,000 – 614,500
$614,500 – 619,000
$619,000 – 623,500
$623,500 – 644,000
$644,000 – 672,500
$672,500 – 701,000
$701,000 – 727,750
$727,750 – 751,000
$751,000 – 774,250
$774,250 – 797,500
No data

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