Property prices for sale in Newcastle (New South Wales)
The prices in real estate in Newcastle, in the New South Wales region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per m² in Newcastle has remained the same in the last 6 months. In October, the average price per m² was $683. In November this price pretty much remained the same at a value of $663 per m². In the following two months the price per m² has barely changed, going from $673 to $640 per m². The price per m² has barely changed in the last two months compared to the average price of the previous four months going from an average price of $656.5 to $671.5 during February y March
Based upon to the price in Newcastle (suburbs), this has gone downing the last 6 months. In our first sample month during October, the average price is $655,484. In November This price remains at $640,293. During the following two months (December, January) the average price fell 91 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $617,208 and $638,807.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $663,715 they are 56 % more affordable than the average price for Newcastle. The properties with the highest average price have 4 bedrooms, Their price is 25 % more costly than the average. After that we have properties with 3 bedrooms priced at $664,583.
With regard to the average price per m² , those properties with 4 bedrooms are the most costly ones at a cost of $744 / m², with an average $682 / m² price in Newcastle. The properties with the highest average prices have 2 bedrooms. They are 49 % more expensive than the average followed by properties with 1 bedroom with a price at $978 / m².
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $663,715 it is 42 % cheaper than the average price in Newcastle. "Villa" is seen as the second most affordable property type. The dearest property type is "Acreage" followed by "Townhouse". At a price of $880,062 it is 100 % more expensive than the average price.
According to the average cost per m², the cheapest property type is "House" at an average cost of $636 / m² followed by "Land" priced at $1,693 / m². "Acreage" is the most costly type of property with a $115,659 / m² cost followed by "Apartment" with an average price of $6,316 / m².
