Property Panther
November 15, 2023

Southern Highlands - Illawarra & South Coast - Sale Price Report

Posted on November 15, 2023  •  10 minutes  • 2031 words
Property analysis sections

Welcome

Welcome to the Property Panther Southern Highlands 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 Southern Highlands in NSW, where charming country living meets modern convenience. With its picturesque landscapes, historic towns, and a strong sense of community, this sought-after region offers a diverse housing stock that ranges from heritage cottages to contemporary estates, providing an idyllic lifestyle for property buyers seeking tranquility and a slower pace of life.

Last Month Property Summary

In Southern Highlands in Illawarra & South Coast, the market shifted towards sellers in the prior month, with a decrease in new sale listings and an increase in both the median days on market and median sold price.

77▲15%Median Sold Days on Market20▼−65%Sold Properties$1.1M▲22%Median Sold Price

Property Type Breakdown

Welcome to the Southern Highlands, where the property stock showcases a diverse range of options, with houses dominating the market at 63% of all listings, followed by vacant land (16%), rural properties (6%), and villas (4%), offering something for every type of buyer and investor.

63.6%16.2%6.06%4.04%3.03%3.03%2.02%2.02%
HouseVacant landRuralVillaNew House & LandAcreage / Semi-RuralTownhouseOtherLive 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 Southern Highlands 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.

050100150012345
Range of Days on MarketDays on MarketProperties Sold

The average monthly change in the Days on Market for properties in Southern Highlands during the period shown below was 2 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.

Jan 2022Apr 2022Jul 2022Oct 2022Jan 2023Apr 2023Jul 20230102030405060708090
Property Median Sold Days On MarketMonthProperty Median Sold Days On Market

Time On Market - By Property Type

5015025035001234567
FarmHouseOtherUnitDays on Market by Property TypeDays on MarketProperties Sold

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

Time On Market - By Suburb

6 – 12
12 – 46
46 – 68
68 – 71
71 – 77
77 – 85
85 – 97
97 – 121
121 – 147
147 – 151
No data

Property Transaction Volume

Transaction Volume - Overall

Jan 2022Apr 2022Jul 2022Oct 2022Jan 2023Apr 2023Jul 2023020406080100120140
Properties SoldMonthProperties Sold

Transaction Volume - By Property Type

Jan 2022Jul 2022Jan 2023Jul 2023020406080100120
FarmHouseLandTownhouseProperties SoldMonthProperties Sold

Transaction Volume - By Suburb

0 – 0
0 – 0
0 – 0
0 – 0
0 – 0
0 – 0
0 – 0
0 – 1
1 – 1
1 – 5

Property Price

Price - Overall

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

0.6M0.8M1M1.2M1.4M00.511.522.53
Range of Property Sold PriceSold PriceNumber of Properties

The average monthly change in the median sold price of properties in Southern Highlands during the period shown below was $-8696. The trend shows a decrease in the median sold price over time.

Jan 2022Apr 2022Jul 2022Oct 2022Jan 2023Apr 2023Jul 202300.2M0.4M0.6M0.8M1M1.2M1.4M
Property Median Sold PriceMonthProperty Median Sold Price

Price - By Property Type

0.75M1.25M00.511.522.53
HouseOtherUnitProperty Prices by Property TypeProperty PriceProperties Sold

Jan 2022Jul 2022Jan 2023Jul 202301M2M3M4M5M6M7M8M9M10M
FarmHouseLandTownhouseProperty Median Sold PriceMonthProperty Median Sold Price

Price - By Suburb

$780,000 – 828,000
$828,000 – 876,000
$876,000 – 924,000
$924,000 – 972,000
$972,000 – 1,020,000
$1,020,000 – 1,068,000
$1,068,000 – 1,116,000
$1,116,000 – 1,164,000
$1,164,000 – 1,212,000
$1,212,000 – 1,260,000
No data

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