Postcode: 2548, NSW - Sale Price Report
Posted on November 15, 2023 • 5 minutes • 975 words
Property analysis sections
Welcome
Welcome to the Property Panther 2548 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
Located in the stunning coastal region of NSW, postcode 2548 offers an array of suburbs including Mirador, Berrambool, Yellow Pinch, Tura Beach, Merimbula, and Bournda. With a diverse housing stock ranging from modern beachfront homes to charming rural properties, this area presents a vibrant lifestyle with ample recreational opportunities such as beautiful beaches, pristine lakes, and national parks to explore.
Last Month Property Summary
In 2548 in NSW, there is a decrease in the number of new sale listings and new sold listings, an increase in the median days on market, and a decrease in the median sold price, indicating a shift towards a more favorable buyer’s market.
Property Type Breakdown
In postcode 2548 in NSW Australia, the property stock is diverse, with houses accounting for the majority of listings at 44%, followed by apartments at 29% and vacant land at 12%, providing ample options for those looking to build or buy their dream home in this area.
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 2548 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.
The average monthly change in the Days on Market for properties in postcode 2548 during the period shown below was 3 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
15 – 19
19 – 23
23 – 27
27 – 30
30 – 44
44 – 58
58 – 72
72 – 86
86 – 99
No data
Property Transaction Volume
Transaction Volume - Overall
Transaction Volume - By Property Type
Transaction Volume - By Suburb
0 – 0
0 – 0
0 – 0
0 – 1
1 – 1
1 – 1
1 – 2
2 – 2
2 – 2
Property Price
Price - Overall
This chart shows the distribution of property sale prices in postcode 2548 during the month of September. Each bar in the chart represents a range of prices for properties sold.
The average monthly change in the median sold price of properties in postcode 2548 during the period shown below was $-3870. The trend shows a decrease in the median sold price over time.
Price - By Property Type
Price - By Suburb
$623,000 – 686,000
$686,000 – 749,000
$749,000 – 812,000
$812,000 – 875,000
$875,000 – 987,000
$987,000 – 1,099,000
$1,099,000 – 1,211,000
$1,211,000 – 1,323,000
$1,323,000 – 1,435,000
No data
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