Property Panther
November 15, 2023

Hills - Sydney - Sale Price Report

Posted on November 15, 2023  •  9 minutes  • 1709 words
Property analysis sections

Welcome

Welcome to the Property Panther Hills 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 Hills region in New South Wales, a sought-after area for property buyers looking for a blend of natural beauty and suburban convenience. Here, you’ll discover a diverse housing stock, ranging from family homes with ample outdoor space to modern apartments, all while enjoying a vibrant lifestyle with access to stunning parks, charming wineries, and a thriving arts and culinary scene.

Last Month Property Summary

The housing market in Hills in the Sydney Region shifted towards a seller’s market as the median days on market increased slightly from 33 to 36 days, and the median sold price rose from $1,761,000 to $1,898,000, while the number of new sold listings decreased from 251 to 59.

36▲9%Median Sold Days on Market59▼−76%Sold Properties$1.9M▲8%Median Sold Price

Property Type Breakdown

In the beautiful Hills region of NSW, Australia, the property stock offers a diverse range of options, with houses accounting for 30% of listings, closely followed by new house and land packages at 25%, ensuring there is something for everyone seeking their dream home.

30%25%15%15%7%4%4%
HouseNew House & LandVacant landApartment / Unit / FlatNew Apartments / Off the PlanTownhouseOtherLive 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 Hills 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.

0204060801001201400246810
Range of Days on MarketDays on MarketProperties Sold

The average monthly change in the Days on Market for properties in Hills 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 2023051015202530354045
Property Median Sold Days On MarketMonthProperty Median Sold Days On Market

Time On Market - By Property Type

24.574.5124.5012345678
ApartmentHouseTownhouseUnitDays on Market by Property TypeDays on MarketProperties Sold

Jan 2022Jul 2022Jan 2023Jul 20230100200300400500
ApartmentHouseLandTownhouseUnitProperty Median Sold Days On MarketMonthProperty Median Sold Days On Market

Time On Market - By Suburb

5 – 15
15 – 17
17 – 18
18 – 39
39 – 70
70 – 79
79 – 85
85 – 88
88 – 88
88 – 126
No data

Property Transaction Volume

Transaction Volume - Overall

Jan 2022Apr 2022Jul 2022Oct 2022Jan 2023Apr 2023Jul 2023050100150200250300
Properties SoldMonthProperties Sold

Transaction Volume - By Property Type

Jan 2022Jul 2022Jan 2023Jul 2023050100150200250
ApartmentHouseLandTownhouseUnitProperties SoldMonthProperties Sold

Transaction Volume - By Suburb

0 – 0
0 – 0
0 – 0
0 – 1
1 – 1
1 – 2
2 – 3
3 – 4
4 – 5
5 – 13

Property Price

Price - Overall

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

0.5M1M1.5M2M2.5M3M3.5M012345
Range of Property Sold PriceSold PriceNumber of Properties

The average monthly change in the median sold price of properties in Hills during the period shown below was $7739. The trend shows an increase in the median sold price over time.

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

Price - By Property Type

1.25M1.75M2.25M2.75M012345
ApartmentHouseUnitProperty Prices by Property TypeProperty PriceProperties Sold

Jan 2022Jul 2022Jan 2023Jul 202300.5M1M1.5M2M2.5M
ApartmentHouseLandTownhouseUnitProperty Median Sold PriceMonthProperty Median Sold Price

Price - By Suburb

$1,388,000 – 1,722,000
$1,722,000 – 1,750,000
$1,750,000 – 1,804,000
$1,804,000 – 1,944,000
$1,944,000 – 2,155,500
$2,155,500 – 2,184,000
$2,184,000 – 2,210,000
$2,210,000 – 2,291,000
$2,291,000 – 2,387,000
$2,387,000 – 2,410,000
No data

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