Property prices for sale in Bayswater (Victoria)
The prices in real estate in Bayswater, in the Victoria region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per m² in Bayswater has had a strong decrease during the last 6 months. In October, the average price per m² was $768. In the following month the price per m² increased to $811. In the following two months the price per m² has barely changed, going from $789.5 to $806.5 per m². The price per m² has had a considerable deflation of 47 % 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 $798 to $375 during February, and March.
Based upon to the price in Bayswater (suburbs), this has fallen considerably in the last 6 months. The average price for October is $614,336. During November the price had a slight fall till $575,616. During the following two months (December, January) the average price fell 95 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $578,925 to $297,590.5, which means a 51 % fall.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 106 % more costly than the average price of $555,898 in Bayswater. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 106 % more expensive than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 311 % more costly than the average price of ($1,448 / m²) in Bayswater. Properties with the most expensive price based upon to the number of bedrooms / m² are those with 1 bedroom. They are 311 % more costly than the average value aforementioned.
The graph displaying the average prices displays the property type "Apartment" as the most costly one. At an cost of $270,452 it is 105 % more expensive than the average price in Bayswater. "House" is seen as the second dearest property type. The dearest property type is "House" followed by "Apartment". At a price of $554,231 it is 105 % more expensive than the average price.
According to the average cost per m², the most expensive property type would be "Apartment" at an average cost of $1,442 / m² followed by "House" priced at $1,446 / m². "House" is the most costly type of property with a $1,446 / m² cost followed by "Apartment" with an average price of $1,442 / m².
