The prices in real estate in Byangum, in the New South Wales 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 Byangum has increased strongly during the last 6 months. In November, the average price per m² was . In the following month the price per m² increased considerably to $930. The price for the following two months in (January, February) had a considerable increment of 135 %. The price per m² has had a considerable increase of 134 % 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 $545.75 to $733.5 during March, and April.
Based upon to the price in Byangum (suburbs), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is . During December the price went through a considerable rise reaching $1,167,689. During the following two months (January, February) the price has had an average incrementation from $583,844.5 to $629,809. Based on an analysis of the first four prices and the last two months the average price has risen strongly 137 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 87 % cheaper than the average price of $147,852 in Byangum. Based on the bedrooms values, properties with the lowest prices are those with 2 bedrooms. They are 47 % more affordable than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 45 % cheaper than the average price of ($512 / m²) in Byangum. Properties with the most expensive price based upon to the number of bedrooms / m² are those with 2 bedrooms. They are 29 % more costly than the average value aforementioned.