Property prices for sale in Cromer (New South Wales)

The price per m² in Cromer has had a strong decrease during the last 6 months. In November, the average price per m² was $2,772. In the following month the price per m² decreased considerably to $2,342. In the following two months the price per m² has barely changed, going from $2,557 to $2,639 per m². The price per m² has had a considerable deflation of 76 % 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 $2,598 to $1,982.5 during March, and April.

Based upon to the price in Cromer (suburbs), this has gone up considerably in the last 6 months. In our first sample month during November, the average price is $715,750. In December This price remains at $704,455. During the following two months (January, February) the average price had a considerable increase of 198 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $1,056,491.75 to $720,339.5, which means a 68 % fall.

The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 15 % more costly than the average price of $841,623 in Cromer. Based on the bedrooms values, properties with the highest prices are those with 2 bedrooms. They are 29 % more expensive than the average aforementioned.

With regard to the average prices per m² those properties with 2 bedrooms are 30 % cheaper than the average price of ($1,635 / m²) in Cromer. Properties with the most expensive price based upon to the number of bedrooms / m² are those with 1 bedroom. They are 14 % more costly than the average value aforementioned.