The prices in real estate in Blackmans Point, in the New South Wales region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per m² in Blackmans Point has increased during the last 6 months. In November, the average price per m² was $599. In the following month the price per m² increased to $639. The price for the following two months in (January, February) had a considerable increment of 116 %. The price per m² has barely changed in the last two months compared to the average price of the previous four months going from an average price of $667.75 to $658 during March y April
Based upon to the price in Blackmans Point (suburbs), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $476,389. During December the price went through a considerable rise reaching $565,669. During the following two months (January, February) the average price had a considerable increase of 125 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $585,577.75 to $551,259 in March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $475,912 they are 45 % more affordable than the average price for Blackmans Point. The properties with the highest average price have 4 bedrooms, Their price is 38 % more costly than the average. After that we have properties with 3 bedrooms priced at $646,229.
With regard to the average price per m² , those properties with 4 bedrooms are the cheapest ones at a cost of $594 / m², with an average $598 / m² price in Blackmans Point. The properties with the highest average prices have 2 bedrooms. They are 80 % more expensive than the average followed by properties with 1 bedroom with a price at $823 / m².
The graph displaying the average prices displays the property type "Apartment" as the most costly one. At an cost of $475,912 it is 14 % more expensive than the average price in Blackmans Point. "House" is seen as the second dearest property type. The dearest property type is "House" followed by "Apartment". At a price of $540,191 it is 32 % more expensive than the average price.
According to the average cost per m², the most expensive property type would be "House" at an average cost of $619 / m² followed by "Apartment" priced at $933 / m². "Apartment" is the most costly type of property with a $933 / m² cost followed by "House" with an average price of $619 / m².