The prices in real estate in Darlington Point, 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 Darlington Point has increased strongly during the last 6 months. In October, the average price per m² was $1,104. In November this price pretty much remained the same at a value of $1,057 per m². The price for the following two months in (December, January) had a considerable increment of 157 %. The price per m² has had a considerable increase of 546 % 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 $1,389 to $7,582 during February, and March.
Based upon to the price in Darlington Point (suburbs), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $459,229. In November This price remains at $444,514. During the following two months (December, January) the average price had a considerable increase of 158 % 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 219 % 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 $434,652 they are 3 % more affordable than the average price for Darlington Point. Based on the bedrooms values, properties with the highest prices are those with 3 bedrooms. They are 23 % more expensive than the average aforementioned.
With regard to the average price per m² , those properties with 3 bedrooms are the cheapest ones at a cost of $561 / m², with an average $1,078 / m² price in Darlington Point. Properties with the most expensive price based upon to the number of bedrooms / m² are those with 1 bedroom. They are 32 % more costly than the average value aforementioned.