Property prices for sale in Bicton (Western Australia)
The prices in real estate in Bicton, in the Western Australia 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 Bicton has increased strongly during the last 6 months. In November, the average price per m² was $322. In the following month the price per m² decreased considerably to $236. The price for the following two months in (January, February) had a considerable increment of 554 %. The price per m² has had a considerable deflation of 23 % 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 $913 to $208.5 during March, and April.
Based upon to the price in Bicton (suburbs), this has gone up considerably in the last 6 months. The average price for November is $214,059. During December the price had a considerable reduction till $115,563. During the following two months (January, February) the average price had a considerable increase of 451 % 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 $453,828.25 to $106,915, which means a 24 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $164,773 they are 94 % more affordable than the average price for Bicton. The properties with the highest average price have 2 bedrooms, Their price is 11 % more costly than the average. After that we have properties with 1 bedroom priced at $108,462.
With regard to the average price per m² , those properties with 4 bedrooms are the cheapest ones at a cost of $6 / m², with an average $340 / m² price in Bicton. The properties with the highest average prices have 2 bedrooms. They are 12 % more expensive than the average followed by properties with 1 bedroom with a price at $178 / m².
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $164,773 it is 94 % cheaper than the average price in Bicton. "Condo" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "House". At a price of $9,990 it is 25 % more expensive than the average price.
According to the average cost per m², the cheapest property type is "House" at an average cost of $10 / m² followed by "Condo" priced at $377 / m². "Condo" is the most costly type of property with a $377 / m² cost followed by "House" with an average price of $10 / m².
