Postcode: 2871, NSW - Sale Price Report
Posted on November 15, 2023 • 5 minutes • 888 words
Property analysis sections
Welcome
Welcome to the Property Panther 2871 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 2871 in New South Wales! With a variety of suburbs including Jemalong, Forbes, and Bedgerebong, this area offers a diverse housing stock ranging from charming country homes to modern residences, all surrounded by picturesque landscapes, providing residents with a peaceful and relaxed country lifestyle.
Last Month Property Summary
Based on the given data, the market in 2871 in NSW has shifted from a seller’s market with a median days on market of 28.5 and relatively higher median sold price of $359,500 in July, to a buyer’s market with an increased median days on market of 149.5 and a slightly lower median sold price of $342,500 in August.
Property Type Breakdown
Welcome to the property stock overview for postcode 2871 in NSW, Australia, where the market offers a diverse range of listings, with vacant land comprising 43% of available properties, followed by houses at 30% and rural properties at 13%, ensuring there is something for everyone in this vibrant 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 2871 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 2871 during the period shown below was 5 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
This chart shows the distribution of property sale prices in postcode 2871 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 2871 during the period shown below was $-2935. The trend shows a decrease in the median sold price over time.
Price - By Property Type
Price - By Suburb
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