Property prices for sale in Auburn (New South Wales)
The prices in real estate in Auburn, 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 Auburn has increased strongly during the last 6 months. In October, the average price per m² was $494. In the following month the price per m² increased to $552. The price for the following two months in (December, January) had a considerable increment of 271 %. The price per m² has had a considerable increase of 135 % 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 $971 to $1,307.5 during February, and March.
Based upon to the price in Auburn (suburbs), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $274,542. In November This price remains at $284,437. During the following two months (December, January) the average price had a considerable increase of 130 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 145 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $498,333 they are 77 % more affordable than the average price for Auburn. The properties with the lowest average price have 1 bedroom, Their price is 23 % cheaper than the average. After that we have properties with 2 bedrooms priced at $286,443.
With regard to the average price per m² , those properties with 3 bedrooms are the cheapest ones at a cost of $140 / m², with an average $587 / m² price in Auburn. The properties with the highest average prices have 1 bedroom. They are 97 % more expensive than the average followed by properties with 2 bedrooms with a price at $536 / m².
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $498,333 it is 40 % cheaper than the average price in Auburn. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "House". At a price of $300,362 it is 10 % more affordable than the average price.
According to the average cost per m², the most expensive property type would be "House" at an average cost of $626 / m² followed by "Apartment" priced at $4,920 / m². "Apartment" is the most costly type of property with a $4,920 / m² cost followed by "House" with an average price of $626 / m².
