Property prices for sale in Darwin (Northern Territory)
The prices in real estate in Darwin, in the Northern Territory 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 Darwin has increased strongly during the last 6 months. In October, the average price per m² was $596. In November this price pretty much remained the same at a value of $590 per m². The price for the following two months in (December, January) had a considerable increment of 147 %. The price per m² has had a considerable increase of 133 % 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 $733 to $975.5 during February, and March.
Based upon to the price in Darwin (suburbs), this has gone up in the last 6 months. In our first sample month during October, the average price is $371,763. In November This price remains at $365,701. During the following two months (December, January) the price has had an average incrementation from $368,732 to $388,674. Based on an analysis of the first four prices and the last two months the average price has risen strongly 128 % 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 $532,462 they are 52 % more affordable than the average price for Darwin. The properties with the lowest average price have 4 bedrooms, Their price is 14 % cheaper than the average. After that we have properties with 3 bedrooms priced at $408,382.
With regard to the average price per m² , those properties with 3 bedrooms are the cheapest ones at a cost of $481 / m², with an average $773 / m² price in Darwin. The properties with the highest average prices have 4 bedrooms. They are 180 % more expensive than the average followed by properties with 1 bedroom with a price at $798 / m².
The graph displaying the average prices displays the property type "Flat" as the most affordable one. At an cost of $532,462 it is 40 % cheaper than the average price in Darwin. "House" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "Condo". At a price of $380,904 it is 7 % more expensive than the average price.
According to the average cost per m², the cheapest property type is "House" at an average cost of $483 / m² followed by "Condo" priced at $663 / m². "Apartment" is the most costly type of property with a $3,679 / m² cost followed by "Flat" with an average price of $2,888 / m².
