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 October, the average price per m² was $49,453. In the following month the price per m² decreased to $42,719. The price for the following two months in (December, January) had a considerable decrease of 4 with regard to the prior two months. The price per m² has decreased 90 % 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 $24,037.75 to $21,744 during February, and March.
Based upon to the price in Eastern Suburbs Mc (suburbs), this has gone up considerably in the last 6 months. The average price for October is $379,109. During November the price had a slight fall till $350,857. During the following two months (December, January) the average price had a considerable increase of 178 % 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 128 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 7 % cheaper than the average price of $370,860 in Eastern Suburbs Mc. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 7 % more affordable than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 10 % cheaper than the average price of ($36,428 / 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 10 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Eastern Suburbs Mc we can see that the cheapest property type is "House" at a price of $370,860, they are 7 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 7 % more affordable than the average price aforementioned.
According to the average area cost by m² the cheapest property type is "House with an average price of $36,428 / m². "House" with an average cost of $36,428 / m² has the lowest price and would be directed at less affluent cities.