The prices in real estate in Dee Why, 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 Dee Why has increased during the last 6 months. In November, the average price per m² was $10,235. In the following month the price per m² increased to $11,665. In the following two months the price per m² has barely changed, going from $10,950 to $11,123 per m². The price per m² has increased 112 % 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 $11,036.5 to $12,350.5 during March, and April.
Based upon to the price in Dee Why (suburbs), this has gone up in the last 6 months. In our first sample month during November, the average price is $1,408,900. In December This price remains at $1,465,833. During the following two months (January, February) the average price had a considerable increase of 137 % 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 $1,704,183.25 to $1,257,917, which means a 74 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $745,667 they are 18 % more affordable than the average price for Dee Why. The properties with the highest average price have 3 bedrooms, Their price is 39 % more costly than the average. After that we have properties with 2 bedrooms priced at $885,831.
With regard to the average price per m² , those properties with 3 bedrooms are the cheapest ones at a cost of $4,744 / m², with an average $10,868 / m² price in Dee Why. The properties with the lowest average prices have 2 bedrooms. They are 4 % cheaper than the average followed by properties with 1 bedroom with a price at $8,382 / m².
With regard to the average price based upon the property in Dee Why we can see that the cheapest property type is "Apartment" at a price of $702,931, they are 6 % more affordable than the average price of (!PRECIO2!). "Apartment" has the lowest price. This price is 6 % more affordable than the average price aforementioned.
According to the average area cost by m² the cheapest property type is "Apartment with an average price of $6,431 / m². "Apartment" with an average cost of $6,431 / m² has the lowest price and would be directed at less affluent cities.