The prices in real estate in Coffs Harbour, 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 Coffs Harbour has increased during the last 6 months. In December, the average price per m² was $765. In January this price pretty much remained the same at a value of $787 per m². In the following two months the price per m² has barely changed, going from $776 to $809 per m². The price per m² has increased 114 % 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 $792.5 to $905 during April, and May.
Based upon to the price in Coffs Harbour (suburbs), these have remained the same in the last 6 months. In our first sample month during December, the average price is $493,106. In January This price remains at $480,693. In the following two months the average price has remained the same with regard to the previous two months from $486,899.5 to $503,562. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $495,230.75 and $499,284.5 between April and May.
The graph showing the average price for bedrooms displays the property with the lowest price has 3 bedrooms. It is 5 % cheaper than the average price of $455,254 in Coffs Harbour. Based on the bedrooms values, properties with the highest prices are those with 4 bedrooms. They are 28 % more expensive than the average aforementioned.
With regard to the average prices per m² those properties with 3 bedrooms are 19 % cheaper than the average price of ($736 / m²) in Coffs Harbour. Properties with the most affordable price based upon to the number of bedrooms / m² are those with 4 bedrooms. They are 3 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Villa" as the most affordable one. At an cost of $479,295 it is 22 % cheaper than the average price in Coffs Harbour. "Land" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $406,717 it is 10 % more expensive than the average price.
According to the average cost per m², the cheapest property type is "House" at an average cost of $770 / m² followed by "Villa" priced at $998 / m². "Land" is the most costly type of property with a $18,971 / m² cost followed by "Villa" with an average price of $998 / m².