The prices in real estate in Carlingford, 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 Carlingford has increased strongly during the last 6 months. In October, the average price per m² was $407. In the following month the price per m² increased to $447. The price for the following two months in (December, January) had a considerable increment of 213 %. The price per m² has decreased 93 % 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 $669 to $620 during February, and March.
Based upon to the price in Carlingford (suburbs), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $322,571. In November This price remains at $333,592. During the following two months (December, January) the average price had a considerable increase of 206 % 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 $502,052.25 to $421,125, which means a 84 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $321,250 they are 37 % more affordable than the average price for Carlingford. Based on the bedrooms values, properties with the highest prices are those with 3 bedrooms. They are 151 % more expensive than the average aforementioned.
With regard to the average price per m² , those properties with 2 bedrooms are the cheapest ones at a cost of $333 / m², with an average $465 / m² price in Carlingford. Properties with the most expensive price based upon to the number of bedrooms / m² are those with 1 bedroom. They are 134 % more costly than the average value aforementioned.