Property prices for sale in Chatswood (New South Wales)
The prices in real estate in Chatswood, 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 Chatswood has increased strongly during the last 6 months. In November, the average price per m² was $860. In the following month the price per m² increased to $919. The price for the following two months in (January, February) had a considerable increment of 278 %. The price per m² has decreased 94 % 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 $1,681.25 to $1,585.5 during March, and April.
Based upon to the price in Chatswood (suburbs), this has gone up considerably in the last 6 months. In our first sample month during November, the average price is $424,436. In December This price remains at $414,528. During the following two months (January, February) the average price had a considerable increase of 187 % 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 risen strongly 161 % 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 $374,030 they are 42 % more affordable than the average price for Chatswood. The properties with the highest average price have 4 bedrooms, Their price is 213 % more costly than the average. After that we have properties with 3 bedrooms priced at $871,003.
With regard to the average price per m² , those properties with 2 bedrooms are the cheapest ones at a cost of $768 / m², with an average $788 / m² price in Chatswood. The properties with the highest average prices have 3 bedrooms. They are 28 % more expensive than the average followed by properties with 4 bedrooms with a price at $893 / m².
The graph displaying the average prices displays the property type "House" as the most costly one. At an cost of $374,030 it is 119 % more expensive than the average price in Chatswood. "Apartment" is seen as the second dearest property type. The dearest property type is "Apartment" followed by "House". At a price of $819,890 it is 121 % 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 $7,992 / m² followed by "Apartment" priced at $8,055 / m². "Apartment" is the most costly type of property with a $8,055 / m² cost followed by "House" with an average price of $7,992 / m².
