The prices in real estate in Bassendean, 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 Bassendean has increased strongly during the last 6 months. In October, the average price per m² was $2,459. In the following month the price per m² increased considerably to $2,931. In the following two months the price per m² has increased 110 %, going from $2,695 to $2,953 per m². The price per m² has had a considerable increase of 128 % 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 $2,824 to $3,615 during February, and March.
Based upon to the price in Bassendean (suburbs), this has gone up considerably in the last 6 months. The price in October is $538,813, rising in November till $614,000. During the following two months (December, January) the average price had a considerable increase of 117 % 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 gone up 107 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 35 % cheaper than the average price of $443,913 in Bassendean. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 35 % more affordable than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 73 % cheaper than the average price of ($1,075 / m²) in Bassendean. Properties with the most affordable price based upon to the number of bedrooms / m² are those with 1 bedroom. They are 73 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Bassendean we can see that the cheapest property type is "House" at a price of $443,913, they are 35 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 35 % 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 $1,075 / m². "House" with an average cost of $1,075 / m² has the lowest price and would be directed at less affluent cities.