Property prices for sale in Castle Hill (New South Wales)
The prices in real estate in Castle Hill, 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 Castle Hill has increased strongly during the last 6 months. In October, the average price per m² was $905. In November this price pretty much remained the same at a value of $925 per m². The price for the following two months in (December, January) had a considerable decrease of 83 with regard to the prior two months. The price per m² has had a considerable increase of 404 % 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 $837.75 to $3,388 during February, and March.
Based upon to the price in Castle Hill (suburbs), these have remained the same in the last 6 months. The price in October is $534,269, rising in November till $561,423. During the following two months (December, January) the average price fell 88 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 115 % 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 $875,125 they are 40 % more affordable than the average price for Castle Hill. The properties with the highest average price have 4 bedrooms, Their price is 122 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,024,800.
With regard to the average price per m² , those properties with 4 bedrooms are the cheapest ones at a cost of $5,337 / m², with an average $6,258 / m² price in Castle Hill. The properties with the highest average prices have 1 bedroom. They are 34 % more expensive than the average followed by properties with 2 bedrooms with a price at $7,420 / m².
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $875,125 it is 17 % cheaper than the average price in Castle Hill. "Apartment" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "House". At a price of $726,000 it is 9 % more expensive than the average price.
According to the average cost per m², the cheapest property type is "House" at an average cost of $407 / m² followed by "Apartment" priced at $9,933 / m². "Apartment" is the most costly type of property with a $9,933 / m² cost followed by "House" with an average price of $407 / m².
