The prices in real estate in Borenore, 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 Borenore has increased during the last 6 months. In November, the average price per m² was $536. In December this price pretty much remained the same at a value of $533 per m². The price for the following two months in (January, February) had a considerable increment of 123 %. 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 $597 to $597 during March y April
Based upon to the price in Borenore (suburbs), this has gone up in the last 6 months. In our first sample month during November, the average price is $586,299. In December This price remains at $583,466. During the following two months (January, February) the average price had a considerable increase of 117 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $633,684.75 and $646,305.5 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $574,099 they are 18 % more affordable than the average price for Borenore. The properties with the highest average price have 4 bedrooms, Their price is 37 % more costly than the average. After that we have properties with 3 bedrooms priced at $573,929.
With regard to the average price per m² , those properties with 3 bedrooms are the most costly ones at a cost of $676 / m², with an average $509 / m² price in Borenore. The properties with the highest average prices have 1 bedroom. They are 120 % more expensive than the average followed by properties with 2 bedrooms with a price at $928 / m².
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $574,099 it is 22 % cheaper than the average price in Borenore. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Apartment". At a price of $446,885 it is 7 % 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 $519 / m² followed by "Apartment" priced at $743 / m². "Apartment" is the most costly type of property with a $743 / m² cost followed by "House" with an average price of $519 / m².