The prices in real estate in Coffs Harbour, 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 Coffs Harbour has increased strongly during the last 6 months. In October, the average price per m² was $1,498. In November this price pretty much remained the same at a value of $1,465 per m². The price for the following two months in (December, January) had a considerable increment of 206 %. The price per m² has had a considerable increase of 271 % 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 $2,266.25 to $6,141 during February, and March.
Based upon to the price in Coffs Harbour (suburbs), this has gone up considerably in the last 6 months. The price in October is $519,556, rising in November till $588,345. During the following two months (December, January) the average price had a considerable increase of 137 % 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 119 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 30 % cheaper than the average price of $501,808 in Coffs Harbour. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 30 % more affordable than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 74 % cheaper than the average price of ($2,042 / m²) in Coffs Harbour. Properties with the most affordable price based upon to the number of bedrooms / m² are those with 1 bedroom. They are 74 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Coffs Harbour we can see that the cheapest property type is "House" at a price of $501,808, they are 30 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 30 % more affordable than the average price aforementioned.
According to the average area cost by m² the cheapest property type is "House with an average price of $2,042 / m². "House" with an average cost of $2,042 / m² has the lowest price and would be directed at less affluent cities.