The prices in real estate in Aarons Pass, in the New South Wales region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per m² in Aarons Pass has increased strongly during the last 6 months. In October, the average price per m² was $585. In the following month the price per m² increased to $618. The price for the following two months in (December, January) had a considerable increment of 146 %. The price per m² has had a considerable increase of 292 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per m² of $739 to $2,156 during February, and March.
Based upon to the price in Aarons Pass (suburbs), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $588,639. In November This price remains at $608,779. During the following two months (December, January) the price has had an average incrementation from $598,709 to $678,343.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 142 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $894,200 they are 50 % more affordable than the average price for Aarons Pass. The properties with the highest average price have 4 bedrooms, Their price is 14 % more costly than the average. After that we have properties with 3 bedrooms priced at $570,579.
With regard to the average price per m² , those properties with 3 bedrooms are the cheapest ones at a cost of $686 / m², with an average $2,916 / m² price in Aarons Pass. The properties with the lowest average prices have 1 bedroom. They are 49 % cheaper than the average followed by properties with 2 bedrooms with a price at $964 / m².
With regard to the average price based upon the property in Aarons Pass we can see that the cheapest property type is "House" at a price of $680,193, they are 24 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 24 % more affordable than the average price aforementioned.
According to the average area cost by m² the cheapest property type is "House with an average price of $759 / m². "House" with an average cost of $759 / m² has the lowest price and would be directed at less affluent cities.