The prices in real estate in Cherrybrook, in the New South Wales region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per m² in Cherrybrook has increased during the last 6 months. In October, the average price per m² was $389. In November this price pretty much remained the same at a value of $389 per m². The price for the following two months in (December, January) had a considerable increment of 146 %. The price per m² has had a considerable deflation of 64 % 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 $477.75 to $306.5 during February, and March.
Based upon to the price in Cherrybrook (suburbs), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $317,222. In November This price remains at $317,222. During the following two months (December, January) the average price had a considerable increase of 147 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 88 %, going from $391,949 to $346,250 in February and March.
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 $86,580 in Cherrybrook. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 87 % more affordable than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 50 % cheaper than the average price of ($299 / m²) in Cherrybrook. Properties with the most affordable price based upon to the number of bedrooms / m² are those with 1 bedroom. They are 50 % cheaper than the average value aforementioned.