Property prices for sale in Bunbury (Western Australia)
The prices in real estate in Bunbury, 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 Bunbury has increased strongly during the last 6 months. In November, the average price per m² was $292. In December this price pretty much remained the same at a value of $304 per m². The price for the following two months in (January, February) had a considerable increment of 153 %. The price per m² has had a considerable increase of 433 % 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 $377.25 to $1,634.5 during March, and April.
Based upon to the price in Bunbury (suburbs), this has gone up considerably in the last 6 months. The price in November is $344,287, rising in December till $367,281. During the following two months (January, February) the price has had an average incrementation from $355,784 to $408,068.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 157 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $789,313 they are 61 % more affordable than the average price for Bunbury. The properties with the lowest average price have 4 bedrooms, Their price is 44 % cheaper than the average. After that we have properties with 3 bedrooms priced at $367,177.
With regard to the average price per m² , those properties with 4 bedrooms are the cheapest ones at a cost of $383 / m², with an average $2,850 / m² price in Bunbury. The properties with the lowest average prices have 1 bedroom. They are 71 % cheaper than the average followed by properties with 2 bedrooms with a price at $592 / m².
The graph displaying the average prices displays the property type "Retail" as the most affordable one. At an cost of $789,313 it is 49 % cheaper than the average price in Bunbury. "Condo" is seen as the second most affordable property type. The cheapest type property is "Townhouse" followed by "Apartment". At a price of $508,481 it is 33 % more affordable than the average price.
According to the average cost per m², the cheapest property type is "House" at an average cost of $410 / m² followed by "Condo" priced at $532 / m². "Retail" is the most costly type of property with a $7,751 / m² cost followed by "Apartment" with an average price of $3,778 / m².
