Upper Murray - Murray - Sale Price Report
Posted on November 15, 2023 • 8 minutes • 1605 words
Property analysis sections
Welcome
Welcome to the Property Panther Upper Murray 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 picturesque Upper Murray region in New South Wales! With its stunning natural surroundings and peaceful country atmosphere, this area offers a range of charming and diverse housing options, from historic cottages to spacious modern homes, making it an ideal location for property buyers seeking a relaxed and idyllic lifestyle in the heart of nature.
Last Month Property Summary
In Upper Murray in Murray Region, the market has shifted towards a more balanced or neutral state with fewer new sale listings, higher median sold days on market, and an increase in median sold price between the current and prior month.
Property Type Breakdown
With a diverse range of property types available, the Upper Murray region in NSW offers something for everyone, from beautiful houses and vacant land to rural properties and apartments, ensuring there’s a perfect fit for every buyer.
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 Upper Murray 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 Upper Murray 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.
Time On Market - By Property Type
Time On Market - By Suburb
49 – 50
50 – 52
52 – 54
54 – 55
55 – 58
58 – 60
60 – 63
63 – 65
65 – 67
No data
Property Transaction Volume
Transaction Volume - Overall
Transaction Volume - By Property Type
Transaction Volume - By Suburb
0 – 0
0 – 0
0 – 0
0 – 0
0 – 0
0 – 0
0 – 0
0 – 0
0 – 2
Property Price
Price - Overall
This chart shows the distribution of property sale prices in Upper Murray 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 Upper Murray during the period shown below was $2717. The trend shows an increase in the median sold price over time.
Price - By Property Type
Price - By Suburb
$465,000 – 510,000
$510,000 – 555,000
$555,000 – 600,000
$600,000 – 645,000
$645,000 – 690,000
$690,000 – 735,000
$735,000 – 780,000
$780,000 – 825,000
$825,000 – 870,000
No data
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