Property Panther
November 15, 2023

Taree - Greater Region - Mid North Coast - Sale Price Report

Posted on November 15, 2023  •  12 minutes  • 2352 words
Property analysis sections

Welcome

Welcome to the Property Panther Taree - Greater Region 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 Taree - Greater Region, a charming area in New South Wales perfect for property buyers seeking a peaceful lifestyle. With its diverse housing stock, including spacious family homes and quaint cottages, coupled with its stunning natural surroundings, this area offers a relaxing and idyllic place to call home.

Last Month Property Summary

The Taree - Greater Region in Mid North Coast experienced a shift towards a sellers market, with a decrease in median days on market and an increase in median sold price, accompanied by a decrease in new sold listings.

47.5▼−47%Median Sold Days on Market21▼−64%Sold Properties$665k▲7%Median Sold Price

Property Type Breakdown

In the Taree - Greater Region of NSW Australia, the property market offers a diverse range of options, with houses comprising 40% of sale listings, vacant land at 22%, and other unique properties accounting for 10%. Additionally, rural properties, new house & land packages, and acreage/semi-rural homes contribute towards the variety, making it an exciting market for potential buyers or investors.

40%22%10%9%8%5%3%3%
HouseVacant landOtherRuralNew House & LandAcreage / Semi-RuralApartment / Unit / FlatNew Home DesignsLive 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 Taree - Greater Region 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.

0501001500123456789
Range of Days on MarketDays on MarketProperties Sold

The average monthly change in the Days on Market for properties in Taree - Greater Region 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.

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

24.574.5124.5174.5224.501234567
DuplexHouseLandRuralDays on Market by Property TypeDays on MarketProperties Sold

Jan 2022Jul 2022Jan 2023Jul 2023050100150200250300350400
ApartmentFarmHouseLandRuralTownhouseProperty Median Sold Days On MarketMonthProperty Median Sold Days On Market

Time On Market - By Suburb

25 – 29
29 – 34
34 – 38
38 – 42
42 – 45
45 – 73
73 – 101
101 – 132
132 – 167
167 – 201
No data

Property Transaction Volume

Transaction Volume - Overall

Jan 2022Apr 2022Jul 2022Oct 2022Jan 2023Apr 2023Jul 2023020406080100120
Properties SoldMonthProperties Sold

Transaction Volume - By Property Type

Jan 2022Jul 2022Jan 2023Jul 202301020304050607080
ApartmentFarmHouseLandRuralTownhouseProperties SoldMonthProperties Sold

Transaction Volume - By Suburb

0 – 0
0 – 0
0 – 0
0 – 0
0 – 0
0 – 0
0 – 0
0 – 0
0 – 0
0 – 11

Property Price

Price - Overall

This chart shows the distribution of property sale prices in Taree - Greater Region during the month of September. Each bar in the chart represents a range of prices for properties sold.

00.2M0.4M0.6M0.8M1M1.2M1.4M012345
Range of Property Sold PriceSold PriceNumber of Properties

The average monthly change in the median sold price of properties in Taree - Greater Region during the period shown below was $1957. The trend shows an increase in the median sold price over time.

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

Price - By Property Type

0.25M0.75M1.25M00.511.522.533.54
DuplexHouseLandRuralProperty Prices by Property TypeProperty PriceProperties Sold

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

Price - By Suburb

$220,000 – 296,000
$296,000 – 372,000
$372,000 – 465,500
$465,500 – 576,500
$576,500 – 687,500
$687,500 – 811,700
$811,700 – 935,900
$935,900 – 1,090,600
$1,090,600 – 1,275,800
$1,275,800 – 1,461,000
No data

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