The prices in real estate in Eastern Suburbs Mc, in the New South Wales region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per m² in Eastern Suburbs Mc has had a strong decrease during the last 6 months. In December, the average price per m² was $48,294. In the following month the price per m² increased considerably to $68,331. The price for the following two months in (February, March) had a considerable decrease of 5 with regard to the prior two months. The price per m² has had a considerable increase of 161 % 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 $30,721.5 to $49,383 during April, and May.
Based upon to the price in Eastern Suburbs Mc (suburbs), this has gone up considerably in the last 6 months. In our first sample month during December, the average price is $364,625. In January This price remains at $349,167. During the following two months (February, March) the average price had a considerable increase of 218 % 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 $567,831.25 to $368,150, which means a 65 % fall.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 3 % more costly than the average price of $374,219 in Eastern Suburbs Mc. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 3 % more expensive than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 21 % cheaper than the average price of ($36,761 / m²) in Eastern Suburbs Mc. Properties with the most affordable price based upon to the number of bedrooms / m² are those with 1 bedroom. They are 21 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Eastern Suburbs Mc we can see that most expensive property type is "House" at a price of $374,219, they are 3 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 3 % more expensive than the average price aforementioned.
According to the average area cost by m² the cheapest property type is "House with an average price of $36,761 / m². "House" with an average cost of $36,761 / m² has the lowest price and would be directed at less affluent cities.