The average price in the South Australia region has had an strong increase in recent months. There has been a strong inflation in the prices in this region.
The price per m² in South Australia has increased strongly in the last 6 months. During October, the average price per m² was $241. In November the price pretty much stayed the same at $244 per m². In the following two months (December, January) the price per m² has risen strongly to a 122 %. In the last two months, the price per m² has had a significant increase of 130 %. This has been obtained by comparing the price of $269 for the first four months of the sample with regard to the previous 4 months and the price of $349 per m² for the last two months (February, March).
Based upon to the price in South Australia(region), this has increased considerably in the last 6 months. In the first month sample October the average price is $248,436. In November the price was the same at $253,998. The price in the following months (December, January) had a strong increment of 120 % going from $251,217 to $301,988.5. During the last two months the price has had a considerable increase of 128 % with respect to the previous four months going from $276,602.75 a $353,620.5.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 64 % more affordable than the average price in South Australia followed by those with 2 with an average price of $239,443. The most costly properties have 4 bedrooms. They are 29 % more expensive than the average followed by those properties with 3 bedrooms priced at $364,713.
Based on the average price per m² those properties with 4 bedrooms are the dearest ones with a price of $394 / m² being $341 / m² the average value within the South Australia region. The properties with the most expensive average price are those with 2 bedrooms. These are 34 % more costly than the average followed by those with 3 bedrooms with a price of $428 / m².
The graph displaying the average price according to the property type shows "Retail" as the cheapest one. With an average cost of $349,603 it is 55 % more affordable than the average in South Australia. This is followed by "Apartment" with a price of $293,278. The dearest property type is "Townhouse" and is 13 % more expensive than the average, followed by "Warehouse" with a cost of $391,612.
Based on the average cost per m² the most costly property type is "House with a an average price of $345 / m², followed by "Retail" with a price of $1,279 / m². "Townhouse" with an average price of $22,377 / m² is the most costly type of property followed by "Office" at a price of $2,566 / m².